Japan’s economy shrank an annualized 0.5% in January-March. That was a more modest drop than the primer perusing of a 1.0% fall delivered the month before. Steady production network disturbances stay a gamble to financial energy in April-June. Japan’s economy shrank somewhat not exactly at first revealed in primary quarter, as confidential utilization stayed strong … Read more
According to Counterpoint Research, shipments of smartwatches increased by 13% between January and March 2022. Despite the quarterly 24 percent decline – the holiday quarter is obviously difficult to duplicate. Apple, Samsung, and Xiaomi all saw a gain on an annual basis, according to the analysis of the wearable market throughout the world. Apple’s success … Read more
Nokia, the Finnish telecom equipment company, reported a 17 percent drop in quarterly profits owing to its exit from Russia and supply issues on Thursday, but said it would exceed its target for the year. The company said net profit stood at 219 million euros “primarily due to a 104 million euro ($230 million) provision related to … Read more
