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In the first quarter, 10 million wearable devices were delivered to the European market. As reported by the International Data Corporation, the rate for the year increased by 118.5%. Headphones accounted for 40.1% of total supplies. The share of watches was equal to 36.6%, bracelets - 22.9%. The countries of Western Europe in the last quarter occupied a share of 82% in the European market. Smart watches in Central and Western Europe were sold 140% more than in the same quarter last year. Such a significant increase in this indicator suggests that Europeans prefer multifunctional devices. In Europe as a whole, the increase in the supply of headphones for the year was 298%, while the supply of watches increased by 41%. According to the estimates of the research company, by the end of 2019, the supply of wearable devices in Europe will increase to 45.6 million units, of which 43% will be “smart” watches.
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
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