Last night and this morning the world's largest companies dynamic
Apple will begin mass production of the new 6.1-inch iPhone. India will provide $6.6 billion in incentives to attract handset makers to build factories. Global digital camera shipments fell 64% in April from a year earlier. Global advertising spending will fall by about $50 billion this year. Mitsubishi Heavy Industries completes acquisition of Bombardier's small passenger aircraft business. Asa japanese beer completes acquisition of Berwick InBR Australia business.
Apple Inc. Mass production of the 6.1-inch iPhone will begin in July or August。 Apple plans to launch four new iPhones this fall, including three sizes, that could be available in October rather than September. Apple's autumn iPhone launch is highly anticipated, with the company's first 5G device expected to be available.
Apple plans to invest about T$10 billion ($334 million) to build a new plant in Taiwan's Zhukolongtan park to produce Mini LEDs and Micro LED display panels。 Apple will partner with Crystal Power and AIA to provide Mini LED and Micro LED displays for future products such as the iPhone and iPad. With a total investment of T$10 billion, Apple will initially invest T$1 billion in research and development and production lines for a new generation of display technology. Mini LED-backlighted displays ensure thinner, lighter product designs, while also providing the main benefits of OLED screens with the latest iPhones, including high contrast and dynamic range.
Taiwan's Hon Hai Precision Industry announced on June 1st that Mr Dai had stepped down as a director of the company on the same day。 Mr Dai, who previously served as Chairman and President of Sharp and is also a director of Hon Hai, is understood to have said he wanted to focus on global markets at Sharp when he applied for his resignation. Dai Zheng wu was a former vice president of Hon Hai Group. Hon Hai was signed to head the business after acquiring Sharp in 2016. Mr Gou resigned as Hon Hai chairman in June 2019 to run for election. Hon Hai has carried out business reforms under its successor, Chairman Liu Yangwei, and Dai Zhengwu's departure also appears to mean a new and old rotation of Hon Hai's management.
Huawei Japan inc. on Tuesday unveiled new products such as smartphones and more than 40,000 yen for fifth-generation (5G) mobile communication systems, using its own APP store。 Huawei will sell the "P40 Lite 5G" on the 19th for 43,780 yen (about 2885 yuan), and the 12th high-end model "P40 Pro 5G" will cost 119680 yen. Xiaomi, also a Chinese manufacturer, announced the launch of low-cost smartphones such as the Redmi Note 9S (prices starting at 24,800 yen) on Monday, but not 5G.
The indian government will provide financial incentives and facilities worth about 500 billion rupees ($6.6 billion) to attract global smartphone and related parts makers to invest in India。 The government will initially target five global suppliers and extend fiscal incentives for five years. For manufacturers of electronic components, semiconductors and other components, the Indian government will provide a 25 per cent financial incentive for capital expenditure. In addition, India will provide easy-to-use facilities for electronics manufacturers. The move threatens to make India a global mobile phone manufacturing hub and make mobile phones India's biggest export.
Merck KGaA's newly integrated semiconductor technology division, which is part of Merck's high-performance materials business, officially opened to customers on June 1 after a successful acquisition of both Versum and Intermolecular.The division currently covers semiconductor materials and electronic material supply systems. In September and October 2019, Merck announced the completion of strategic acquisitions of Intermolecular and Versum for $62 million and 5.8 billion euros, respectively. This round of mergers and acquisitions and business consolidation has made Merck's high-performance materials business the world's leading supplier of electronic materials for the semiconductor and display industries.
Data released by the Japan International Association of Camera Imaging Equipment Industry (CIPA) show thatGlobal shipments of digital cameras fell 64% in April from the same month in 2019 to 550,000 units.As a result of the new crown outbreak, the expansion of travel restrictions to the world has had a negative impact, with sales falling further than the 50% year-on-year decline in March.
YouTube wants advertisers to spend more money to appeal to consumers who are increasingly using television to watch videos on The YouTube platform。 YouTube's efforts aim to take a share of the huge advertising budget that flows to traditional television and the fast-growing advertising spending of streaming TV. But advertisers say YouTube's idea is not easy to come by. Many marketers still see YouTube as a platform for mobile and pc desktop video viewing.
According to a recent report by the World Centre for Advertising Research (WARC),Global advertising spending will fall 8.1 per cent ($49.6bn) to $563bn this year, according to the latest forecasts from 96 markets around the world。 Traditional media fared worse than online media, falling by at least $51.4 billion (-16.3%). Television advertising spending is expected to fall by 13.8 per cent, radio advertising by 16.2 per cent, newspaper advertising by 19.5 per cent, magazine advertising by 21.5 per cent, outdoor advertising by 21.7 per cent and cinema advertising by 31.6 per cent. Internet advertising growth will almost stall in 2020, growing by just 0.6%.
Cheil Worldwide, South Korea's largest advertising company, said Tuesday that it had acquired ColourData, a Chinese social platform big data analytics company.This further strengthens the marketing power based on big data. First Plans has recently stepped up digital marketing based on social platforms in the Chinese market, working with ColourData in the process and technology capabilities and development potential. First Plans believes the acquisition will help improve marketing analytics capabilities for existing advertisers and attract more new customers in China.
Volkswagen has completed a $2.6bn capital injection into Argo AI, a US self-driving technology start-up.Argo AI was founded in 2016 by Salesky, a former Google employee, and Peter Rander, a former Uber employee. The company will now be jointly controlled by Volkswagen and Ford, which injected $1 billion into Argo AI shortly after it was founded. The deal, announced last July, includes the acquisition of a $500m Stake in Argo AI from Ford. Under the agreement, VW will combine its self-driving intelligent driving unit in Munich with Argo AI.
Honda will refresh the production system for electric vehicles and plans to introduce production lines that can assemble both pure electric vehicles (EVs) and fuel cell vehicles (FCVs).。 If you can produce multiple models on one production line, you can significantly reduce costs. Honda intends to improve its mass-production system and save it from lagging behind in areas such as pure electric vehicles. Honda currently assembles all-electric and fuel cell vehicles on different production lines. The reason is that the main components of pure electric vehicles are batteries and motors, fuel cell vehicles are the main components of the use of hydrogen to generate electricity ,fuel cell reactors, etc. , components are different.
Western Union is seeking to buy rival MoneyGram InternationalIf the deal is possible, it will merge the two largest remittance service providers in the United States. Remittances are shrinking as more and more people rely on online payments to transfer money around the world. While MoneyGram is actively developing digital transactions, online remittances accounted for only 18 per cent of the total amount of remittances it processed in the first quarter of this year.
Japanese companies are exploring the new normal of operations premised on the risk of a new crown outbreak。 According to the 100-member Survey, 70% of companies with factories in Japan said they wanted to recalculate their supply chains. Nine out of ten enterprises will continue to implement telecommuting. For the company's products and services market recovery time, most enterprises forecast that "it will take more than a year."
Japan's Mitsubishi Heavy Industries (MHI) has completed its acquisition of Canadian aircraft giant Bombardier's small passenger jet businessOn June 1st, a new company was established in Montreal, Canada, to take over maintenance, customer support and other businesses. The acquisition was $550 million. The delivery of SpaceJet 1, a small passenger jet being developed by Mitsubishi Heavy Industries, has been delayed until 2021. Mitsubishi Heavy Industries is also expected to focus on the SpaceJet project by incorporating Bombardier's knowledge and experience. The SpaceJet project plans to slash staff as the new crown epidemic spreads. The company was forced to make fundamental changes to its research and development program.
South Korea's three shipbuilding giants have taken orders for Qatar's massive liquefied natural gas (LNG) ships。 Qatar Petroleum, Qatar's state-owned oil company, has signed contracts for LNG ships with Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding for a project worth about 23.6 trillion won ($19 billion). Qatar Petroleum says it needs more than 100 LNG ships by 2027, ensuring 60 per cent of the world's LNG capacity. Qatar, the world's largest producer of liquefied natural gas with an annual output of 77 million tons, is adding additional production facilities to expand production to 126 million tons by 2027, which will require a large number of ships.
Libby, a 202-year-old maker of glassware in the United States, filed for bankruptcy protection on MondayThe closure of restaurants and bars as a result of the new crown outbreak has caused sales to plummet, adding to an already heavy debt burden. The company filed for bankruptcy only in the United States, excluding international business entities. Libbey was founded in 1818 by the New England Glass Company. The company currently has two glass production plants in the United States and several overseas. The company, which employs more than 5,500 people worldwide, has temporarily cut almost all of its hourly employees in the U.S. and cut their salaries by a quarter during the new crown outbreak.
Asahi Group Holdings has announced it has completed a deal to buy Carlton and United Breweries, an Australian subsidiary of Anheuser-Busch InBev。 In July 2019, Berwick InBever announced that it would sell Carlton United Brewing to Asa japanese beer for A$16 billion, with the proceeds going towards debt repayments. Carlton United Brewing's brands include Foster's and Victoria Bitter, which account for about 50 per cent of the Australian market. Asa japanese group will also take this opportunity to enter the Australian market.
Macy's has delayed the reopening of some stores closed due to the new crown outbreak. Apple's recently reopened stores have been re-sealed with wooden panels. Many chains, from Kroger to Popyes, have cut opening hours. The chief executives of Starbucks and McDonald's have organized company-wide discussions around the current social unrest.With the gradual lifting of the anti-epidemic blockade measures, enterprises have made efforts to resume business, but social unrest has disrupted this effort.
Video conferencing software developer Zoom reports first-quarter results for fiscal 2021. Total revenue for the quarter to April 30, 2020 was $328.2 million, up 169 percent from $122 million a year earlier, and net income attributable to the Company's common shareholders was $27 million, compared with $200,000 a year earlier. At the end of the first quarter, Zoom had about 265,400 customers with more than 10 employees, up about 354 percent from the same period last year, and 769 customers contributed more than $100,000 in revenue in the past 12 months, up about 90 percent from the same period last year.
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