Sunday, March 1, 2020
China-made phones off speed dial as supply chains disrupted amid coronavirus outbreak
Stocks of China-made phones, TVs are drying up as disruptions stemming from the Covid-19 outbreak in China start to bite. iPhone 11, Xiaomi, TCL, Realme are the worst hit and the retailers said discounts on products have come down and some products such as iPhones, MacBook and Apple Watches are now sold at the sticker price in offline stores. https://ift.tt/3abrUlc https://ift.tt/eA8V8J
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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)
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