Home » today » Business » Market Saturation and the Impact on Consumer Electronics in Czech Republic: Fujitsu Exits, Russian Oligarchs, and Gigafactory Challenges

Market Saturation and the Impact on Consumer Electronics in Czech Republic: Fujitsu Exits, Russian Oligarchs, and Gigafactory Challenges

The development of the consumer electronics market after market saturation during the covid-19 pandemic has the first significant victim in the Czech Republic. According to e15, the Japanese company Fujitsu will stop selling personal computers in our market. It continues with the business around servers and data centers.

The ground is starting to burn under the feet of entrepreneurs in the Czech Republic who have the possibility of being linked to the money of Russian oligarchs. The atmosphere thickened hand in hand with progress in the investigation of the Czech police, which reports the first results in uncovering links to Russian names listed in the sanctions lists. Some of them have been trying to get rid of their domestic business in recent months, or at least make themselves invisible on the domestic scene. One of the latest examples can be the silent demise of a company in July, whose ties led to a member of the Russian State Duma. After almost sixteen years of existence, the company first quietly changed hands in July and then went into liquidation.

An unexpected obstacle stood in the way of the plan to build a large-capacity battery factory, the so-called gigafactory. The approximately 120 billion investment, with which the government is linking the country’s economic restart, will need an influx of pure green energy. And that to an extent that domestic resources cannot even come close to covering.

People between the ages of 19 and 27 care not only about the amount of salary, but also about meaningful work and a friendly team, according to a new survey of the Youth Barometer of the Faculty of Business Administration of the University of Economics. “They don’t get the job they are qualified for, or perhaps they have high expectations,” explains Kateřina Legnerová from the Department of Human Resources at VŠE. In addition, young people often encounter their need for a friendly environment. They feel more discriminated against at work than their older colleagues.

The British Embassy in the Czech Republic has had a new chief for almost six months now. Upon his arrival in Prague, Matt Field quickly gained legions of fans on social networks thanks to his admirable knowledge of the Czech language and the immortal message “I’m new here” with which he introduced himself. However, when talking about topics such as the war in Ukraine or Brexit, he leaves no one in doubt that he is a top expert on security and foreign policy, who has set the support of Czech-British business as one of his four main priorities.

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Adapting content to users is basically the cornerstone of the current Internet, thanks to which social networks keep the attention of users and collect billions of dollars from advertisers, and online stores increase the chances that a customer will buy from them thanks to the personalization of the offer. But the last weeks show that the era of unregulated personalization is over, legislation and competition are pushing to “dumb down” the Internet, which knew the secrets of all users.

After years of preparation, the Czech Republic has a fifth international regional airport. On Wednesday, a Boeing Smartwings airliner took off from the former army airport in České Budějovice on a charter flight to Antalya, Turkey. Four long years after the completion of the reconstruction of the airport, the so-called big traffic finally started in South Bohemia. However, domestic regional airports have been dying for a long time and are dependent on the support of their operators – usually regions or cities. And even in the south of Bohemia, a different story has not yet begun to be written.

2023-08-13 15:00:00
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