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Research company International Data Corporation expects the growth in sales of wearable electronic devices by 15.3% to 198.5 million units. According to its estimates, the average annual growth rate of sales in the period up to 2023 will be at the level of 8.9%. Their volume during this time will reach 279 million devices, which will also include wireless headphones with the function of a virtual assistant. It is expected that smart watches in 2023 will increase their share in the wearable device market to 47.1% from 44.2% last year. At the same time, Apple will retain leadership among their manufacturers. High demand in 2023 will use “smart” headphones. Their market share will be 31%. In the next 5 years, IDC predicts a slowdown in sales of fitness bracelets to 0.7%, and in dollar terms, their sales may fall by 4.1% per year.
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, ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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