E-tailing behemoths like Amazon Business are infringing on electrical distributors' turf. Large distributors continue to hone and refine their e-commerce offerings. And finally, mobile e-commerce (or, m-commerce) - driven by the consumer who has grown more comfortable making purchases on smartphones and other mobile devices - is on track to hit $700bn by 2017, according to research firm Digi-Capital.
GE, which has a long-term strategic partnership to explore cooperation in the areas of industrial internet, healthcare and advanced manufacturing with Qingdao Haier Co., has agreed to sell its Appliances business to the Chinese company for $5.4bn.
Worldwide consumer Wi-Fi customer premises equipment (CPE) shipments surpassed 43.3 million at the end of 1Q-2013. a 16.8-percent increase from 4Q-2012.