Juul Labs Inc. has secured a cash infusion from some of its early investors to stave off bankruptcy and plans to lay off about a third of its global staff, company Read more
Tag: Personal Electronics
Apple supplier GoerTek dives for second consecutive day
Shares of Apple Inc. supplier GoerTek Inc. 002241, -9.99% dived for the second straight day, after the Chinese electronics maker said a major overseas client had asked it to stop Read more
Why Okta, Twilio and Salesforce are bucking the trend of cloud-software stocks’ slide
Cloud-software stocks continued to sell off Monday, following one of the space’s worst weeks ever, although not as fast as Friday selloff as a few beaten-up stocks received upgrades and Read more
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of the high-end Read more
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of the high-end Read more
Will Apple’s latest production issues destroy demand?
Gone forever, or just delayed? That’s the key question being debated by analysts as they try to gauge the impact of production issues on demand for Apple Inc.’s AAPL, -0.19% Read more
Sharp Corp. shares decline after guidance cut
Sharp Corp. 6753, -2.82% shares fell Monday, after the Japanese electronic products maker lowered its full-year net profit forecast because of weaker display demand. The shares lost as much as Read more
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues hamper Read more
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues hamper Read more
Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street
Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after a disappointing Read more