Apple supplier Salcomp sees India revenue of $2-$3 billion, plans rapid hiring
By Praveen Paramasivam CHENNAI (Reuters) – Finland’s Salcomp, a supplier to Apple, plans to double its workforce in India to 25,000 over the next three years, targeting annual revenue in…
Apple forecasts another drop in revenue, proclaims iPhone production problems over
By Stephen Nellis (Reuters) – Apple Inc on Thursday forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as…
Apple supplier Foxconn says output recovering despite revenue fall
By Sarah Wu and Yimou Lee TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday output at its iPhone plant in China had “basically returned…
Rocket Lab delays first U.S. launch, cuts revenue forecast
By Akash Sriram in Bengaluru (Reuters) – Rocket Lab USA Inc cut its revenue forecast for the fourth quarter on Monday after it delayed the first launch of its Electron…
Less than half of companies achieve their cost savings targets
Inflation, increased barriers to trade, and relatively low global growth are among the factors currently placing tremendous pressure on business leaders and forcing firms to review and re-evaluate their costs…
Accenture, Microsoft and Avanade help enterprises reinvent business functions with generative AI
In a strategic move to address the unprecedented demand for AI transformation, Accenture (NYSE: ACN) and Avanade, their joint venture with Microsoft Corp. (NASDAQ: MSFT), are launching a copilot business…
Black Friday, all that glitters is not gold
Anticipated more than sales and like the Christmas holidays, Black Friday has become a vital appointment for tech companies and retailers dedicated to consumer electronics. Even if all that glitters…
The world’s most expensive fine, which will never be paid
The most expensive fine in the world is so high that the figure is difficult to pronounce and impossible to imagine. It is the one Russia has imposed on Google,…
IBM selected as official fan engagement and data analytics partner for Scuderia Ferrari HP
IBM announced it has entered into a multi-year agreement with Ferrari S.p.A. to become the official Fan Engagement and Data Analytics Partner of Scuderia Ferrari HP, the most renowned Formula…
LG’s innovative vehicle AR technology recognized at 2024 Technology Patent Awards
LG Electronics (LG) has been awarded the prestigious “King Sejong Award” at the 2024 Technology Patent Awards for its pioneering augmented reality (AR) technology designed for vehicles. This annual event,…