New Zealand

Finally, after months of waiting, we finally know the release date for the Xbox One. The console will go on sale inĀ Australia, Austria, Brazil, Canada, France, Germany, Ireland, Italy, Mexico, New Zealand, Spain, UK and the USA on November 22, 2013. More territories will be added in 2014. This effectively gives the PS4 a one week head start for the next console generation. It will sell for $499.

Fisher & Paykel, the New Zealand-based appliance company that was acquired by China's Haier last year, is in "expansion mode," according to a statement from Managing Director and CEO Stuart Broadhurst. This will include, in 2013, the largest single product launch in F&P's history.

Haier, Broadhurst said, is creating opportunities to accelerate the growth of the Fisher & Paykel brand. The focus of development is on technology innovation, new product development, and the F&P component and technology business.

Fisher and Paykel Appliances Ltd said Haier Group offered NZ$869 million ($705 million) to buy the kitchen and appliance maker in a deal that would give the Chinese white-goods company full control of its New Zealand partner.

The New Zealand deal is seen as helping Haier reduce its reliance on a slowing Chinese economy and as a tempting offer for F&P's shareholders at a time when demand is slowing for its products.


Control4 this week announced that it will offer dealer training in more than 60 cities worldwide this year, in a tour lasting from March through August.

Ralph Waters retired from his position as chairman of the board of New Zealand-based Fisher & Paykel Appliances Holdings Ltd. and will be replaced by Dr. Keith Turner. Waters announced at the F&P 2010 annual shareholders meeting that he would retire in the first half of 2011. He spent nine years with F&P. F&P also appointed Willem (Bill) Roest a director, filling the vacancy created by the retirement of Ralph Waters. Roest is the Chief Financial Officer of Fletcher Building Ltd.

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