JSE-listed Mustek has reported a massive jump in headline earnings, even with revenue under pressure.
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Mustek has warned that global AI infrastructure expansion is driving shortages that will persist into next year.
Mustek expects headline earnings per share to surge by as much as 270% for the six months to end-December 2025.
AI data centres are starving the rest of the market of RAM and other components, pushing up the price of PCs, servers and everyday electronics.
Novus Holdings is vowing to fight a Takeover Regulation Panel ruling that it must increase its offer to Mustek shareholders.
Business AI, a South African start-up backed by Mustek, has launched an AI marketplace for businesses.
Mustek has boosted its full-year earnings despite a 15% decline in revenue and a weak first-half performance.
Novus Holdings’ offer to buy out other shareholders in technology group Mustek has run into more difficulty.
Huawei eKit has launched a full suite of more than 20 new products tailored to empowering South African SMEs.
Novus Holdings’ offer to buy out other shareholders in Mustek has hit a fresh regulatory hurdle.