DIRS.INFO The most relevant business & tech news

The officials inspected laptops of Lenovo employees during the visit, one of the sources said. They also tried to contact Lenovo's senior management during and after the visit as part of the inquiry, the person added. Lenovo, which confirmed the visit, said it was "co-operating with the authorities and will provide all possible support required". Earlier in the day, Reuters reported that tax officers also visited the facilities of contract manufacturer Flex Ltd in Tamil Nadu state. Reporting by Munsif Vengattil in Bengaluru and Aditya Kalra in New Delhi; Editing by Toby Chopra, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas White, Munsif, Aditya Kalra, Toby Chopra, Kirsten Donovan Organizations: Lenovo, REUTERS, Rights, Wednesday, Reuters, Flex, Thomson Locations: Puducherry, Bengaluru, Tamil Nadu, New Delhi

☆ Gresini waiting for Marc Marquez decision, says Ducati director Ciabatti
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Sept 23 (Reuters) - Gresini Racing have the opportunity to sign Marc Marquez next season and are waiting for a decision from the six-times MotoGP champion, Ducati sporting director Paolo Ciabatti said on Saturday. Marquez has struggled with Honda this season and the Spaniard has finished only three races, his best finish being seventh place at Misano earlier this month. The 30-year-old said earlier this month that he will come to a decision during the Indian and Japanese Grands Prix. "As far as Gresini goes, I think it obviously looks like they have this opportunity and they are waiting for Marquez’s decision," Ciabatti said in an interview with MotoGP at the Indian Grand Prix. "For sure one is to stay with Honda, the other two we can only guess... You should ask Marc Marquez and Gresini what's going on.

Persons: Marc Marquez, Paolo Ciabatti, Marquez, Ciabatti, Alex, Gresini, Gresini what's, Rohith Nair, Pritha Sarkar Organizations: Ducati, Honda, Prix, MotoGP, Lenovo, LCR Honda, Thomson Locations: Japanese, Japan, Bengaluru

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBRUSSELS, Sept 22 (Reuters) - Intel (INTC.O) was fined 376 million euros ($400 million) on Friday in an EU antitrust case stemming from actions the U.S. chipmaker took between 2002 and 2006. An initial record fine of 1.06 billion euros in 2009 was thrown out last year by the Luxembourg-based General Court, Europe's second highest. The court, however, agreed with the European Commission that Intel illegally excluded rivals from the market which prompted the EU antitrust watchdog to re-open the case. "The General Court confirmed that Intel's naked restrictions amounted to an abuse of dominant market position under EU competition rules," the European Commission said in a statement. The Commission has appealed the General Court's ruling last year at the EU Court of Justice, Europe's top court.

Persons: Dado Ruvic, chipmaker, Court's, Europe's, Bart Meijer, Jane Merriman, Jason Neely Organizations: REUTERS, Rights, Intel, European Commission, Devices, HP, Lenovo, HK, EU, Justice, Thomson Locations: Rights BRUSSELS, Luxembourg

☆ Enovix buys Korean battery maker RouteJade in cash and stock deal
▼ + stars: | 2023-09-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

Sept 20 (Reuters) - Enovix (ENVX.O), a Silicon Valley firm developing new battery technology for consumer electronics such as mobile phones, said on Wednesday it has acquired Korean battery maker RouteJade in a cash-and-stock deal. Enovix said it paid $16.5 million in cash and 6.2 million shares of common stock for RouteJade, which had previously been a supplier to Enovix. Enovix Chief Executive Raj Talluri told Reuters that the deal will help Fremont, California-based Enovix vertically integrate its battery manufacturing operations as it scales up a factory in Malaysia next year. With the deal, "we are able to really take advantage of all the new materials coming out and quickly run them through R&D and manufacturing, so we can change our battery composition quickly," Talluri said. Enovix is developing a technology that can replace part of a battery called an anode, traditionally made out of graphite, with silicon instead.

Persons: Enovix, Raj Talluri, Talluri, That's, Stephen Nellis, Matthew Lewis Organizations: Enovix, Reuters, HK, Lenovo Group, San, Thomson Locations: Silicon, Korean, Fremont , California, Malaysia, Malaysian, San Francisco

☆ China's macro backdrop has investors worried. Here are some stocks that could be safe from any weakness
▼ + stars: | 2023-09-20 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second-largest economy, some investors say. Consumer growth bets Kirby named Yum China as one quality stock idea. He also expects Yum China could still benefit from a rebound in consumer spending in China. It's a spending category the fund manager doesn't expect will suffer from any weakness in the macro backdrop. Yum China is higher this year by more than 4%.

Persons: Ben Kirby, Kirby, Duke, It's, James Donald, Thornburg's Kirby Organizations: Thornburg Investment Management, KFC, Technology, doesn't, Lazard Investment, Lenovo Locations: China, Beijing, Botox, U.S

☆ Here are Friday's biggest analyst calls: Apple, GM, Amazon, Zoom, Arm, Rivian, Ford, Deere & more
▼ + stars: | 2023-09-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

HSBC initiates Zoom as buy HSBC said Zoom is the leader in video conferencing. HSBC initiates Deere as buy HSBC said in its initiation of Deere that it sees "upside in the cycle." HSBC initiates Salesforce as buy HSBC said in its initiation of the stock that it's a "margin expansion story." HSBC initiates Snowflake as buy HSBC said Snowflake is well positioned for AI. HSBC initiates Oracle a buy HSBC said in its initiation of Oracle it likes the company's cloud platform.

Persons: Morgan Stanley, Rivian, it's, TD Cowen, Needham, Piper Sandler, Piper, KEY's, Lauder, Redburn, Wolfe, Goldman Sachs, Goldman, Casella, Zoom, Snowflake, Northcoast, Apple, Salesforce, Ford Organizations: Bank of America, underperform Bank of America, HSBC, Anheuser, Busch InBev, UBS, WWE, UFC, Systems, Moffett, Deere, Oracle, of America, Amazon, Apple, Lenovo, Adobe, General Motors, Ford, GM, UAW Locations: Americas, 2H23, North America, U.S, China

☆ India says Dell, HP among 32 firms that applied to make laptops locally
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

A person looks at a Dell laptop for sale in a store in Manhattan, New York City, U.S., November 24, 2021. Prime Minister Narendra Modi's government is pushing to boost domestic manufacturing capacity under its "Make in India" initiative, with several global companies either setting up their own units or entering joint ventures with Indian firms. The applications by the electronics companies were made under the country's $2 billion production-linked incentive (PLI) programme for information technology hardware, announced in May, Information Technology Minister Ashwini Vaishnaw said. Earlier this month, India said it would impose a licensing requirement for imports of laptops, tablets and personal computers, which was widely seen as a move to boost local production. ($1 = 82.5855 Indian rupees)Reporting by Blassy Boben; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Narendra Modi's, Ashwini Vaishnaw, Blassy, Jonathan Oatis Organizations: REUTERS, DELHI, Information Technology, Hewlett Packard Enterprise Co, Dell Technologies, Asus, Lenovo, HK, Reuters, Thomson Locations: Manhattan , New York City, U.S, India

☆ 5 Chinese brands that have crept into your life and are flipping the narrative on Chinese-made goods
▼ + stars: | 2023-08-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Some Chinese brands have upset previous market leaders in their fields. CFOTO/Future Publishing/Getty ImagesChinese brands are going global, and some have already crept into the mainstream. Some brands, such as Lenovo and Tencent, have even upset previous industry leaders and are now major players in their respective fields. Chinese companies that have made it globally, Tiruchelvam added, are generally viewed positively as international companies. From social-media platforms to PC makers, here are five Chinese companies that have made it big outside China.

Organizations: Publishing, Getty, Lenovo, Aletheia Locations: Chongqing, China

☆ IBM CEO says AI will impact white-collar jobs first, but could help workers instead of displacing them
▼ + stars: | 2023-08-22 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

watch nowWhite-collar jobs will be among the first to be impacted by artificial intelligence, IBM chairman and CEO Arvind Krishna told CNBC in an exclusive interview aired on Tuesday. Arvind Krishna IBM chairman and CEOIn May, IBM announced WatsonX, an AI building tool that allows clients to build, train and deploy machine learning models. So that is where the 7,800 [number] came from," Krishna told CNBC's Martin Soong. AI potentialKrishna joined IBM in 1990, took over as CEO in April 2020 and has been chairman since January 2021. Arvind Krishna IBM chairman and CEO

Persons: Arvind Krishna, CNBC's, That's, Krishna, ChatGPT, Watson, It's, CNBC's Martin Soong, Lawrence Wong Organizations: IBM, CNBC, Lenovo, Watson Health, Bloomberg

☆ Lenovo Q1 revenue misses forecasts, hit by poor PC demand
▼ + stars: | 2023-08-17 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

The world's largest PC maker has now suffered four consecutive quarters of sales declines. Revenue in the April-June quarter fell to $12.9 billion, below a $13.84 billion average of seven analyst estimates compiled by Refinitiv. Lenovo shares in Hong Kong fell as much as 6% after the result but recouped some losses to trade down 2.9%, while the benchmark index (.HSI) gained 0.9%. However, revenue started contracting last year as demand began to fall, weighed down by rising interest rates and soaring inflation. "The group’s PC business is stabilizing and well-positioned for a year-on-year recovery in the later part of 2023," Lenovo said in a statement.

Persons: Thomas White, HSI, Yang Yuanqing, he's, Yang, Josh Ye, Miyoung Kim, Lincoln, Sonali Paul Organizations: Lenovo, REUTERS, HK, Revenue, Refinitiv, Global, Thomson Locations: HONG KONG, Hong Kong, China

Annual consumer price inflation is expected to show a sharp rebound in July to 6.40% from 4.8%, and a slowdown in wholesale price deflation to -2.4% from -4.1%. Investors and the Bank of Japan, meanwhile, will be paying close attention to Japanese inflation data later in the week. Asian stocks have badly underperformed this year, largely due to worries over China which is battling weak growth, deflation, and capital outflows. The MSCI Asia ex-Japan equity index index has now fallen two weeks in a row for the first time since April, and is up only twice in the last eight weeks. Here are key developments that could provide more direction to markets on Monday:- India consumer inflation (July)- India wholesale inflation (July)- Germany wholesale inflation (July)By Jamie McGeever; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Aly Song, Jamie McGeever, Diane Craft Organizations: Shanghai Stock Exchange, REUTERS, Tencent, Lenovo, Nasdaq, China's, Bank of Japan, Reuters, Thomson Locations: Pudong, Shanghai, China, New Zealand, Philippines, India, Asia, Japan, Beijing, outflows, Germany

☆ Aprilia's Espargaro wins in Britain with last-lap pass
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +3 min

Espargaro denied Bagnaia his fifth grand prix win of the season by 0.215 of a second, with the top four separated by just 0.750. Espargaro was up to second by lap six, helped also by team mate Maverick Vinales and Jack Miller clashing and running wide ahead of him. "At that time, my plan was to pass him (Bagnaia) and try to go away," said Espargaro. "But when it started to rain I said 'OK, stay quiet behind Pecco, it's better that he open the track'. Honda's six-times MotoGP champion Marc Marquez fell five laps from the finish, continuing a grim run for the struggling Spaniard who has yet to complete a grand prix this season.

Persons: Aleix Espargaro, Francesco Bagnaia, Binder, Marc Marquez, Espargaro, Ducati's Francesco Bagnaia, Bagnaia, Brad Binder, Marco Bezzecchi, Pramac Ducati's, Jorge Martin, Espargaro's, Maverick Vinales, Jack Miller, Portugal's Miguel Oliveira, Martin, Younger, Alex, Alan Baldwin, Alex Richardson, Ed Osmond Organizations: Prix, Silverstone Circuit, Aprilia, Ducati Lenovo, Red Bull KTM Factory, MotoGP, KTM Bezzecchi, Silverstone, South, KTM, Stowe, Spaniard, Ducati, Thomson Locations: Silverstone, Britain, Bagnaia's, Argentina, London

REUTERS/Adnan Abidi/File PhotoNEW DELHI, Aug 3 (Reuters) - India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing. In April-June, electronics imports, which include laptops, tablets and personal computers, was $19.7 billion, up 6.25% year-on-year. Electronics imports range between 7% to 10% of the country's total merchandise imports. "The move's spirit is to push manufacturing to India. India has been trying to push local manufacturing by giving production-linked incentives in over two dozen sectors, including electronics.

Persons: Adnan Abidi, It's, Ali Akhtar Jafri, Madhavi Arora, Shivam Patel, Shivangi Singh, Sudipto Ganguly, Raju Gopalakrishnan Organizations: REUTERS, Electronics, Dell, Samsung, LG Electronics, Apple Inc, Lenovo, HK, HP Inc, Dixon Technologies, Emkay, India Cellular and Electronics Association, Thomson Locations: New Delhi, India, China, Mumbai

☆ Samsung launches two new folding smartphones to fend off competition from rivals
▼ + stars: | 2023-07-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

The Samsung Galaxy Fold 5 and Galaxy Z Flip 5. Galaxy Z Flip 5The star of the show in Samsung's new folding phone portfolio is its new Galaxy Z Flip 5. The Samsung Galaxy Z Flip 5's standout feature is a much larger cover display. Galaxy Fold 5The Samsung Galaxy Fold 5. Galaxy Tab S9(From left) The Samsung Galaxy Z Flip 5, Galaxy Fold 5, Galaxy Watch 6, and Galaxy Tab S9.

Persons: Ryan Browne, phonemakers, Oppo, who've, Ben Wood, It's, Paolo Pescatore, Le Xuan Chiew, There's Organizations: Samsung, CNBC Samsung, Wednesday, CNBC, CNBC Foldables, Huawei, Motorola, Lenovo, IDC, CCS Insight, Google, Android, PP Foresight, Apple, Global, Galaxy, Windows Locations: Korean, foldables

☆ 'Android's now better than iOS': Instagram boss weighs in on the age-old iPhone vs. Android debate
▼ + stars: | 2023-07-23 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Instagram head Adam Mosseri said Android is "now better" than Apple's iOS. Which is better: iPhone or Android? "Android's now better than iOS," Mosseri posted on Threads in response to tech YouTuber Marques Brownlee, aka MKBHD, who had asked for people's best tech "hot takes." Both Android and iOS have been wildly successful since the introduction of the first iPhone and Android phones in 2007 and 2008, respectively. As of the first quarter of 2023, Apple held an estimated 52% US smartphone market share, with Samsung the runner-up with a 27% share.

Persons: Adam Mosseri, YouTuber Marques Brownlee, reigniting, Android's, Mosseri, Marques Brownlee, MKBHD, Apple hasn't, Sameer Samat Organizations: Android, Morning, iOS, Meta, Counterpoint Research, Apple, Samsung, Google, Lenovo

The best Prime Day deals that are still liveDeal icon An icon in the shape of a lightning bolt. Great Price Casper Nova Hybrid Mattress (Queen) The Casper Nova Hybrid is the best soft mattress and the best mattress for side sleepers that we've tested. On July 11 of Prime Day 2023, this deal matches the lowest price Amazon offers on this kit. Great Price Apple MagSafe Charger This Prime Day sale is one of the best discounts we've seen on the official MagSafe charger. Lightning Deal Vitamix Explorian E310 Blender For Prime Day, the Vitamix Explorian Blender, Professional-Grade, 64 oz.

Persons: AirPods, Price, Price Roku, Max, Price Casper, Casper, it's, wicks, Price Apple, Fryer, fryer, Price Dyson, Dyson, Hoover, It's, Price Dell, Price LG, we've, You'll, Gray Organizations: Amazon Prime, Apple, Amazon, Price Apple, Walmart, OSHA, Prime, Steam, Fire, Price LG, LG, PlayStation, Google, HP, Price Samsung, Samsung, MacBook Air, Asus, Mobile, Lenovo, Gray, Super Nintendo Entertainment, Fujifilm Locations: Siena, Birch, Sol, Cha Kyusu, Japan

☆ 33 non-Prime Day Alternative Sales to Shop from Walmart, Macy’s & More
▼ + stars: | 2023-07-12 | by ( Bellamy Richardson | ) www.wsj.com time to read: +20 min

For these two days, take 25% off select items as well as 15% off select beauty products by using the code CYBER at checkout. Everlane Best of SaleThe deal: Various discounts sitewideLooking to add some classic summer essentials to your wardrobe for the warmer weather? Lands’ End High-Summer SaleThe deal: 50% offHeading to the beach and need a new swimsuit? Our Place Summer SaleThe deal: 20% off select itemsFrom now through July 12, upgrade your cookware collection and take 20% off select items from Our Place for its Summer Sale. Sephora Top Skincare SaleThe deal: Up to 50% off top skincare itemsYou can save up to 50% off top skincare picks through July 15.

Persons: Bellamy Richardson, Alex Mill, “, Cabeau, Peter Thomas Roth, Huckberry, Ripstop, Macy’s, Michael Kors, you’ve, Samsonite, Spinner —, —, LUNA, Pearl Pink, Kate Somerville, grillers, Gray Organizations: Amazon, Amazon Prime, USA, GOLS, Stainless Steel, Macbook, Walmart, Target, Samsung, LG, Sony, LG Smart, Brooklinen, Cabeau, Soho, Rockies, Black, Nike, Nike Air Max, Saks, Saks Fifth, Sale, Sun, Dyson, Lenovo, Thermoworks, Savings, Urban, Big Deal, Urban Outfitters, Party Locations: California, Kalamata, Bone, Zion, Black, Caribbean, Tres, Wayfair, White

Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. $10.14 from Amazon Originally $25.00 Save 59%Prime Day deals: StyleWe've got you covered for head-to-toe deals across the fashion world today. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day. $12.99 from Amazon Originally $23.99 Save 46%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt. You'll also get a bonus of $10 with this Prime Day deal when you use the code "HAPPY" and spend $50.

Persons: we've, snagging, We're, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, Kenneth Cole, Steven Madden, Martens, Vines, Herschel, Price Calvin Klein, Calvin Klein racerback, Now's, JW Pei, Price Apple, Price Arlo, we’ve, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, fryer, Hoover, Decker, Dyson, Bissell, Zelda, Price Hori, Con, Ed, Collar, Gray, Inaba, Brown Rice, Robin Organizations: Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Amazon Deal, Price Apple, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Adidas, Chelsea, Herschel Supply, Deal, Navy, Columbia, Energy, Steam, IRIS, GE, OmieGo, ICE, Quart, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, Computers, Gaming, Nintendo, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, Gray, Super Nintendo Entertainment, ASUS, Buffalo, Pets, Deal Samsung Galaxy, Galaxy, Fujifilm, Marvel, Deal Indiana Jones, Indiana Jones, — Raiders Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's, Kingdom

Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.

Persons: we're, we've, snagging, We're, I've, Sarah Saril, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Luna, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, They're, Snuggies, Elaine Benes, Kenneth Cole, Steven Madden, Martens, Ray Bans, Vines, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Now's, JW Pei, Price Honeywell, Price Apple, Price Arlo, we’ve, fryer, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, Pro Air Fryer, Price Dyson, Dyson, Hoover, Decker, Bissell, Price Dell, Price LG, Ed, Swift, Zelda, Price Hori, Con Organizations: Tech, Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Price Apple, Price Sony WH, Sony, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Amazon Deal, GAP, Adidas, Chelsea, Deal, Navy, Columbia, Honeywell, Energy, Steam, IRIS, GE, Oster Digital, Fryer, Oster, OmieGo, ICE, Pro Air, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, HP, Price Samsung, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, ASUS, Gaming, EA Star Wars, Star, Nintendo, Gray, Super Nintendo Entertainment Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's

☆ Apple's Mac market share jumped even though PC sales fell for the sixth consecutive quarter
▼ + stars: | 2023-07-11 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Apple saw a sharp uptick in global PC market share for the second quarter of 2023, recovering from weak delivery numbers in the preceding period, according to data from IDC. The news comes amid a broadly weakening PC market. Apple's Mac computers now account for 8.6% of global market share, as the company shipped 5.3 million Mac units in the second quarter alone. That number is still markedly down relative to the quarter a year ago, which had 4.8 million Mac shipments total. It's a decline mirrored by the broader market, which experienced a total fall of 13.4% in PC shipments year over year, from 71.1 million units to 61.6 million units, according to IDC.

Organizations: Apple, IDC, Mac Pro, Intel, Lenovo, HP, Dell, Acer

☆ Global PC shipments decline eases in Q2, Apple outperforms on MacBook Air demand, research firm says
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +2 min

July 11 (Reuters) - The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with a 51% jump thanks to strong demand for its recently launched 15-inch MacBook Air, data from research firm Canalys showed. Reuters GraphicsMarket leader Lenovo (0992.HK) posted a shipment decline of 18.1%, smaller than the 30.3% fall posted in the previous quarter. HP Inc (HPQ.N) and Dell (DELL.N) also saw smaller falls, compared with the prior quarter. "Inventory levels reduced further in Q2," said Kieren Jessop, research analyst at Canalys. Still, Canalys said it expects 2023 shipments to be lower than 2022 as consumers prioritize spending on essentials in the face of high inflation and rising interest rates.

Persons: Canalys, Ishan Dutt, Kieren Jessop, Samrhitha, Pooja Desai Organizations: Apple, Air, Reuters Graphics, Lenovo, HK, HP Inc, Dell, Thomson Locations: Bengaluru

Limited-Time Deal Amazon Music Unlimited (Prime Member Plan) Amazon Music Unlimited lets you stream more than 90 million songs ad-free and millions of podcasts. $16.99 from Amazon Originally $29.99 Save 43%Prime Day deals: AudioDeal icon An icon in the shape of a lightning bolt. Deal Amazon Echo Buds (2023) If you need a new pair of wireless earbuds with decent sound, try the newest Echo Buds. $279.99 from Amazon Originally $499.99 Save 44%Prime Day deals: BeautyDeal icon An icon in the shape of a lightning bolt. $145.00 from Amazon Originally $210.00 Save 31%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt.

Persons: We're, we've, Amazon’s, eero, AirPods, Price, it's, Price Roku, Dolby, you've, Max, Price Casper, Casper, It's, Coop, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Riley C.E.O, Sunday Riley, It’s, it’s, Murad Retinol, Kit Burt's, Kit, you'll, LaCroix, seltzer, Foodi, Fryer, fryer, they're, Price Arlo, Dyson, Collar, You'll, Gray Organizations: Amazon, Alexa, Amazon's, Echo Studio, Music, Prime, Price Apple, Samsung, Apple, LG, Amazon Prime, Walmart, Casper, Health, Fitness, Price Garmin, Garmin, Optimum, Theragun's, Sunbeam, Sunday, Panasonic, Amazon Deal, Energy, AA, Black, Steam, Quart, Deal LG, Fire, Price LG, PlayStation, Google, MacBook Air, Asus, Mobile, Lenovo, ASUS, Monitor, Seagate, Deal Samsung Galaxy, Galaxy, Fujifilm, TSA Locations: Siena, Birch, Sol, it's, sharpener

Are you looking for the best Amazon Prime Day deals? Some of these deals are open to everyone, but once Prime Day properly lands, you must be a Prime member to enjoy these exclusive discounts. If you want to browse the entire selection yourself, then you can see the Prime Day landing page over at Amazon. Prime Day deals: AudioDeal icon An icon in the shape of a lightning bolt. Prime Day deals: ComputingLenovo IdeaPad Flex 5i Chromebook This convertible 2-in-1 Lenovo Chromebook offers considerable value for the specs.

Persons: Apple AirPods, Price, it's, iRobot, It's, Bissell, Fryer, fryer, they're Organizations: Amazon, Prime, Alexa, Amazon's, Echo Studio, Music, Apple, Price Apple, Steam, AA, Black, LG, Fire, Lenovo, ASUS

☆ Dell's first-quarter results fall less than feared on cost cuts
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +1 min

The stock was halted after the company announced results during regular trading hours, earlier than its schedule for an after-market release. "We maintained pricing discipline, reduced operating expenses, and our supply chain continued to perform well after normalizing ahead of competitors," said Chuck Whitten, co-chief operating officer of Dell. Total operating expenses reduced 6% to $3.57 billion during the quarter. First-quarter revenue fell 20% to $20.92 billion, compared with analysts' expectations of $20.27 billion, according to Refinitiv data. Dell's client solutions unit - home to its consumer and enterprise PC business - posted a 23% fall in sales, while the infrastructure solutions unit, which includes servers, storage devices and networking hardware, saw an 18% decline.

Persons: Chuck Whitten, Dell, Tiyashi Datta, Mariam Sunny, Pratyush Thakur, Devika Organizations: Dell Technologies Inc, HP Inc, Lenovo Group, HK, Dell, Thomson Locations: Bengaluru

"We maintained pricing discipline, reduced operating expenses, and our supply chain continued to perform well after normalizing ahead of competitors," said Chuck Whitten, co-chief operating officer of Dell. Total operating expenses fell 6% to $3.57 billion during the first quarter. The company's revenue dropped 20% to $20.92 billion, but came in above analysts' expectations of $20.27 billion, according to Refinitiv data. Dell's client solutions unit - home to its consumer and enterprise PC business - posted a 23% fall in sales, while the infrastructure solutions unit, which includes servers, storage devices and networking hardware, saw an 18% decline. The Texas-based company expects second-quarter revenue to be between $20.2 billion and $21.2 billion, below expectations of $21.2 billion at midpoint.

Persons: Chuck Whitten, Dell, Tiyashi Datta, Mariam Sunny, Pratyush Thakur, Devika Organizations: Dell Technologies Inc, HP Inc, Lenovo Group, HK, Dell, Thomson Locations: Texas, Bengaluru

Search resuls for: "Lenovo"

25 mentions found