#demand

10:40pm, 31st May, 2020

Samsung to add new memory chip line in South Korea as COVID-19 boosts demand

Samsung Electronics Co Ltd said on Monday it has begun construction of a new domestic production line for NAND flash memory chips, betting on demand for personal computers and servers as the coronavirus prompts more people to work from home.

Tesla cuts prices by as much as 6% in North America to boost demand

3:15am, 27th May, 2020

News

Tesla cuts prices by as much as 6% in North America to boost demand

Tesla Inc has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease.

Past its peak? Battered oil demand faces threat from electric vehicles

6:25am, 19th May, 2020

News

Past its peak? Battered oil demand faces threat from electric vehicles

Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future.

Automated delivery cashes in on pandemic-driven demand

7:20am, 18th May, 2020

News

Automated delivery cashes in on pandemic-driven demand

The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.

Logitech sales rise nearly 14% as work from home boosts demand

10:10pm, 11th May, 2020

News

Logitech sales rise nearly 14% as work from home boosts demand

Logitech International reported a 13.6% rise in fourth-quarter sales on Tuesday, as more people used its products while working from home due to the coronavirus crisis.

Japan's Sharp halves full-year profit forecast as virus hits tech demand

3:56am, 8th May, 2020

News

Japan's Sharp halves full-year profit forecast as virus hits tech demand

Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak.

T-Mobile beats phone subscriber estimates as lockdown creates demand surge

8:27pm, 6th May, 2020

News

T-Mobile beats phone subscriber estimates as lockdown creates demand surge

T-Mobile US Inc said on Wednesday it added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand for cheaper phone services as people work from home amid coronavirus lockdowns.

Coronavirus pandemic inspires demand for UV airplane cleaner

4:57pm, 24th April, 2020

News

Coronavirus pandemic inspires demand for UV airplane cleaner

U.S. President Donald Trump's suggestion that ultraviolet light could be inserted into coronavirus patients was widely panned on Friday, but a California company thinks it's a perfect solution for decontaminating airplanes.

Apple supplier LG Display posts wider first-quarter loss as pandemic dents demand

5:17am, 23rd April, 2020

News

Apple supplier LG Display posts wider first-quarter loss as pandemic dents demand

Apple Inc supplier LG Display Co Ltd warned of a sharp contraction in demand for TVs and smartphones as a result of the new coronavirus outbreak in the current quarter, after widening its first-quarter losses.

Apple Inc supplier LG Display posts wider first-quarter loss on demand slump

3:11am, 23rd April, 2020

News

Apple Inc supplier LG Display posts wider first-quarter loss on demand slump

LG Display Co Ltd, a South Korean Apple Inc supplier, reported on Thursday its fifth straight quarter of operating losses, hit by slumping demand for smartphones and televisions due to the coronavirus pandemic.