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The ongoing chip shortage is expected to cost the auto industry $110 billion this year, almost double analysts" estimate from January
A consulting firm projects that nearly 4 million fewer vehicles will be sold this year, up from an expected shortfall of 2.2 million. Workers build Ford F-150 trucks at one of the automaker's assembly plants.....»»
Huawei CEO tells staff to keep fewer records, write shorter memos
Employees advised to chat more in person with colleagues, after several crises over internal documents becoming public......»»
The demand for a spot aboard a cruise ship is expected to outweigh supply, according to UBS analysts
Cruise demand is poised to rise significantly in the next year due to vaccine availability and people not having traveled for leisure, UBS writes. The Carnival Panorama cruise ship sits docked, empty of passengers, as the global outb.....»»
Fewer AstraZeneca vaccines available in U.K. than expected, BBC says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Despite record year in 2020, Sprouts will open fewer stores than expected in 2021
Sprouts Farmers Market Inc. put up record earnings numbers in 2020, despite the global pandemic that stalled the economy in most sectors. The Phoenix-based specialty grocer released its earnings for the fourth quarter and the full year of 2020 on.....»»
PPP rules will be changed temporarily to favor smaller businesses more
Small businesses are receiving a boost from changes to the Paycheck Protection Program‘s (PPP) rules. Only companies with fewer than 20 employees will be able to obtain loans for two weeks starting on Wednesday. President Joe Biden is expected to .....»»
Pfizer to ship fewer vaccine vials to fulfill commitment to U.S., NY Times says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
China smartphone vendors step up chips, components procurement
Chinese handset vendors Oppo, Vivo and Xiaomi (OVX.....»»
HDI PCB makers see ramp-up in orders from China handset vendors
HDI PCB manufacturers have seen a significant ramp-up in orders from Oppo, Vivo and Xiaomi, who are seeking sufficient supply of components to support their expansion in the China handset market in 2021, according to industry sources......»»
Samsung to launch its brand new Galaxy smartphones next week - a month earlier than expected
Leaks suggest Samsung will announce the Galaxy S21 series at its virtual "Unpacked 2021" event, which will take place on January 14. South Korean multinational electronics conglomerate Samsung, advertises the Samsung G.....»»
Samsung Picks Early Launch For Flagship Galaxy S Smartphones
Samsung Electronics Co Ltd (OTC: SSNLF) announced Monday it would host its “Galaxy Unpacked” event to launch flagship Galaxy S devices on Jan. 14, a month earlier than expected. read more.....»»
Taiwan IC ecosystem unscathed by Huawei ban
The impact of Huawei's woes on its Taiwan-based chip suppliers has been smaller than expected, according to industry sources......»»
Moderna workers prepare to ship COVID-19 vaccine, first shots to Americans expected Monday
The much-needed shots are expected to be given start.....»»
OLED panel suppliers to see major gains from iPhone next year, says report
Amid optimism about iPhone shipments in 2021, Samsung Display and LG Display (LGD), the two major Korean manufacturers supplying OLED for Apple's smartphones, are expected to see significant growth next year......»»
US plans to ship 6 million doses of Moderna"s COVID-19 vaccine straight after the FDA authorizes it - double its initial shipment of Pfizer"s shot
Moderna's COVID-19 vaccine, expected to be authorized before Friday, could reach Americans on Monday, Gen. Gustave Perna of Operation Warp Speed said. Gen. Gustave Perna, the chief operating officer for th.....»»
Reefer Volume And Ship Size Up In North Carolina
The North Carolina State Ports Authority is celebrating a refrigerated container volume record and the expected arrival of the largest vessel ever to call the Port of Wilmington. read more.....»»
The Duration Risk in Equities
Since early 2017 there has been a notable gap between the expected growth in future dividends and the performance of the US equity mar.....»»
Samsung expects Q2 profit fall over pandemic
Samsung Electronics said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid. Ryan Brooks reports......»»
Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid......»»
Samsung Elec expects second-quarter profit fall as virus hits sales of smartphones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid......»»