Dragged down partly because of its own faulty strategies and partly because of social and economic factors, 2019 appears to be a tricky road for US tech giant Apple Inc. The economic slowdown in China was cited as the reasons for a shock profit warning and sale forecast which resulted in a significant drop in…
Apple’s misleading statement is a pointer to a change in gameplan in its chip souring strategy. In a development that essentially pins down Apple CEO Tim Cook’s lie, Qualcomm Inc’s spokesperson made it bluntly clear that Cook’s comment that there was no recent settlement talks between the Apple and Qualcomm were “misleading.” “We have been…
For the first quarter of its financial year, Apple plans to reduce the overall production volume to around 40 million to 43 million iPhones. A week after slashing its quarterly sales forecast, Apple stated it will be contracting its planned production for three new iPhone models by around 10% for the first quarter of this…
Although London is still maintaining a sizeable lead, Paris and Berlin are fast catching up. The gap could narrow down significantly in case of a cliffhanger Brexit. Data from PitchBook, a funding database, shows that despite Brexit, London has managed to cling on to the title of the top destination for technology investments in 2018…
This delivery record marks a new high for Airbus and comes despite the recent delays in its supply chain. According to sources briefed on the matter at hand, Airbus has already achieved its main industrial target of delivering 800 aircraft in 2018 after record handovers in December. The final published number is subject to ongoing…
Toyota Motor Corp showcased its automated safety technology “Guardian” as well as its full self-driving system – the “Chauffeur” at the annual CES at Las Vegas. As per a statement from Toyota Research Institute’s chief executive Gill Pratt, the carmaker’s automated safety technology “Guardian” will feature in its model “in the 2020s”. Pratt disclosed this…
The first overseas factory of US electric car maker Tesla in Shanghai in China would be focused on manufacturing of Model 3 vehicles exclusively for the Chinese consumers, said the CEO of the company Elon Musk. Musk said this while on a trip to Shanghai to initiate construction of the factory which is being constructed…
Even as the Chinese government is pushing for increasing capabilities of its domestic companies to make manufacture chip and bring down its heavy dependence on import of chips – particularly form the United States, a new chipset for use in servers was launched by Chinese etch giant Huawei Technologies Co Ltd on Monday. In recent…
Along with the launch of its Kunpeng 920 chipset, Huawei has launched servers which will house the Kunpeng 920 chip. Incidentally, Huawei has a long term partnership with Intel. On Monday, in a significant development, China’s Huawei Technologies Co Ltd launched new server chips that is aimed at reducing its imports and reliance on U.S.…
The news is likely to add to investor worries as it comes in the wake of Apple reducing its sales forecast for its smartphones. Slowing demand in China has had a significant impact on Samsung Electronics Co Ltd, with the South Korean conglomerate set to post its first drop in quarterly operating profits in two…
business-gurus.com 