Global foldable phone market slows down due to durability fears and high costs

The foldable phone market was dominated by Samsung in 2023, and market watchers expect a similar outcome in 2024. According to research firm TrendForce, global shipments of foldable phones topped 15.9 million units in 2023. This means foldable phones accounted for roughly 1.4% of the smartphone market last year. It also means that global shipments […]

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Wearables market set for shaky period as economic downturn slows sales

The wearables market is expected to experience turbulence as a result of the global economic downturn. That’s according to the latest market forecast published by industry analysts CCS Insight, indicating that overall sales of smartwatches and fitness trackers are set to fall from 232 million shipments in 2021 to 215 million in 2022. It would […]

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Apple Lets Go of Recruiters as Company Slows Down Hiring

Apple is laying off as many as 100 of its recruiters responsible for finding and reviewing potential new applicants and full-time employees for the company as part of a broader crackdown on hiring and spending, Bloomberg has reported. The 100 recruiters, spread out across Apple’s offices in California, Texas, and Singapore, were told they were […]

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