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New CEO has to get Creative, update firm’s products amid rapid tech advances

The Straits Times LogoThe Straits Times8h ago

New CEO has to get Creative, update firm’s products amid rapid tech advances - The Straits Times

Quick Summary:

Freddy Sim, brother of late founder Sim Wong Hoo, must drive innovation and R&D, said one analyst.

This was despite higher net sales of US$37.4 million, an 18 per cent increase from US$31.8 million a year ago, from selling new audio products such as the Super X-Fi earbuds and headphones.

Mr Sim’s appointment follows a global search for a replacement for its CEO Song Siow Hui, a Creative veteran who took over as CEO when Mr Sim Wong Hoo died in January 2023.

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Article Details

Author / Journalist: Sheila Chiang

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 16:35:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 871 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28869190

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 19 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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