Global firms warn of sluggish China demand due to lengthy COVID curbs
May 26 (Reuters) – Two months into harsh COVID-19 lockdowns that have choked global supply chains, China’s economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending. Car sales in the world’s largest auto market have slowed […]
Troubleshooting Smart Home Tech While Still Working from Home
How to troubleshoot my smart device in the current work-from-home era.
Apple to let iPhones accept credit cards without extra hardware – Bloomberg News
Apple Inc (AAPL.O) is planning a new service that will allow small businesses to accept payments directly on their iPhones without any extra hardware, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
LG Display Q4 profit drops 30% on year, hit by lower TV panel prices
South Korea’s LG Display Co Ltd (034220.KS) posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of smaller screens used for computers, laptops and smartphones.
Japan toaster startup smartphone foray craters stock price
A foray into smartphones by Japan’s Balmuda Inc (6612.T), best known for its high-end toasters, has cratered its stock price with the firm announcing this week it has halted sales of its poorly received handset.
BlackBerry loses bid to dismiss BlackBerry 10 lawsuit in NY, fall trial possible
A U.S. judge on Monday rejected BlackBerry Ltd’s (BB.TO) bid to dismiss a long-running lawsuit claiming it defrauded shareholders by inflating the success and profitability of its BlackBerry 10 smartphones, and said the class-action case could go to trial this fall.
Samsung names new CEOs, to merge mobile, consumer electronics units
Samsung Electronics Co Ltd (005930.KS) will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business.
Apple tells suppliers demand for iPhone 13 lineup has weakened – Bloomberg News
Apple Inc (AAPL.O) has told its parts suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people familiar with the matter, signaling that some consumers have decided against trying to get the hard-to-find item.
