International research company International Data Corporation reported that in the first quarter, sales of personal computers in the world amounted to 58 million 480 thousand units, which is 3% less than sales in the first quarter of 2018. At the same time, according to economists' estimates, an even more significant drop in the index was expected due to the shortage of microchips produced by Intel. In the first quarter, the share of such major computer manufacturers as HP, Lenovo and Dell increased due to less well-known companies. In the US, there was a decrease in demand for laptops and a slight increase in desktop personal computers, which was the reason for the decline in overall sales of computers. Sales in Europe, the Middle East and Africa declined for the second quarter in a row. Sales in the Asia-Pacific region also declined.
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 ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
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 ...