Tag Archives: decline

Corning Sees Smartphone Glass Sales Decline Seeping Into Current Quarter

Corning on Tuesday reported a drop in sales at its screen glass unit for the first time in at least four quarters, and said it expects the weakness to spill into the current quarter, adding to growing market jitters about demand for high-end smartphones. Shares of the specialty glass maker, whose Gorilla glass became the screen of choice for… Read More »

After Decline, Global Device Shipments to Grow in 2018: Gartner

After suffering a decline of three percent in 2017, global shipments of devices including PCs, tablets and mobile phones are forecast to return to growth (at over 1.3 percent) in 2018, market research firm Gartner said on Thursday. While the performance of shipments of devices fluctuates Year-over-Year (YoY), end-user device spending continues to rise and is forecast to… Read More »

Lenovo’s Global PC Shipments Fall 1 Percent, Slower Than Market Decline

China’s Lenovo Group, the world’s largest personal computer maker, said its global PC unit shipments fell 1 percent in the year ending in March, against a market decline of 3 percent, as consumer demand continued its downward trend. Revenue from its personal computer and smart device business, which accounts 70 percent of total revenue, fell 2 percent to… Read More »

EU clears German plan for electric vehicle charging network

The European Commission said on Monday it had approved German plans for an infrastructure network for charging electric vehicles across the country. The plan, at a total cost of 300 million euros (255 million pounds) over four years, will require that the electricity comes from renewable energy sources, with contracts awarded through an open tender process. “Electric vehicles… Read More »

Prada 2016 revenue down 10 percent as Asia, Japan lead global decline

Italian fashion group Prada (1913.HK) reported a 10 percent drop in revenues on Monday as sales fell across all regions, including Japan and its top market Asia Pacific. Consolidated revenues in the financial year through January 2017 fell to 3.18 billion euros (3 billion pounds), down from 3.55 billion euros a year before. At constant exchange rates sales… Read More »