Consumer Electronics

Apple's 10% iPhone Discount Boosted China Shipments to 12% in March

A surge of approximately 12% in iPhone shipments was recorded in China for the month of March, thanks to up to 10% discounts initiated by Apple and its partners. This follows a 37% sales decline earlier in 2024 and heightened competition from Huawei.


EA Admits Spending Cuts Plan After Failing to Reach Annual Bookings Target

Electronic Arts (EA) revealed that their full-year bookings were forecasted to be between $7.3 billion and $7.7 billion, which is below Wall Street estimates of $7.76 billion...

Sam Ash Closes All 42 Stores After 100 Years

Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business...

Microsoft Xbox Announces Closure of Four Gaming Studios Over Disappointing Sales

Microsoft's Xbox is closing four gaming subsidiaries, including Arkane Austin, due to disappointing sales, although specific job losses weren't disclosed...


Latest News

Nintendo To Shut Down 3DS and Wii U Online Services Globally
Nintendo has announced the closure of two major online services, affecting various Nintendo 3DS and Wii U models, but features like StreetPass and Pokémon Bank will continue to function post-shutdown.
Biden Administration Grants Taiwan Semiconductor Manufacturing Company $11.6 Billion to Boost Chip Production in U.S.
The US Commerce Department allocated $11.6 billion to TSMC, aiding chip production in Arizona as part of the CHIPS and Science Act. TSMC's total investment in the US reached $65 billion, including pla
Apple AI-Powered Home Robots Reportedly in The Works After Tech Giant Kills Electric Car Project
Apple's home devices group is reportedly developing a mobile robot and an advanced tabletop device with a moving display, both powered by robotics.
Microsoft Starts Exploration On AI in Gaming Through An Upcoming Xbox AI Chatbot
Microsoft is developing an Xbox AI chatbot to improve user support, linking to support documents and aiming for comprehensive integration across the platform.
Samsung to Upgrade Its Voice Assistant Bixby With Generative AI
Samsung plans to integrate generative artificial intelligence (AI) technology into its voice assistant Bixby.
Chinese Telecom Giant Huawei Sees 9.6% Increase in Profits Despite U.S. Sanctions
Huawei Technologies saw its profits surge by 9.6% in 2023, more than doubling its earnings, with its net profit reaching 87 billion yuan ($12 billion) due to strong sales and growth in cloud and digit
Amazon Invests $2.75 Billion in Generative AI Startup Anthropic
Amazon's $2.75 billion investment in Anthropic, a top generative AI startup, marks its largest outside investment, showcasing its commitment to AI innovation.
Apple CEO Tim Cook Slammed by Critics Over Remarks Praising China
Apple CEO Tim Cook has visited China to boost iPhone sales while praising the Chinese economy. However, he was criticized at home for his laudatory remarks.
Sale of Elon Musk's Starlink Terminals Is Flourishing Through the 'Black Market,' Making Them Fall Into the Wrong Hands
Elon Musk's Starlink terminals are reportedly falling into the wrong hands as they become targets for a flourishing black market trade worldwide.
Dell Cuts Its Workforce as Part of Broader Initiative to Reduce Costs After Sluggish Demand in PC Market
Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.
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