China-US container leasing rates rise threefold, container demand recovery on the horizon
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. This post from Container xChange offers some insights and predictions.
India’s Smartphone Market Grew by 1% YoY in 2023 to 146 Million Units, says IDC
IDC estimates a flat to low single digit annual growth for India’s Smartphone Market in 2024 INDIA – According to the International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker, India’s smartphone market shipped 146 million smartphones in 2023, with a nominal 1% growth YoY (year-over-year). The second half of the year grew by 11% YoY in 2H23, […]
New roadmap to position Europe as the ‘Quantum Valley’ of the world
Quantum Flagship unveils new roadmap with calls to end reliance on outside nations for developing essential components and hardware and position Europe as the world’s first ‘Quantum Valley’. Quantum experts met policymakers and representatives at the European Commission in Brussels today to present the new Strategic Research and Industry Agenda SRIA 2030: Roadmap and Quantum Ambitions over […]
Kitron Reports Q4 Results: Solid End to Record Year
Kitron reported record fourth-quarter sales and strong profitability, with margins consistently reaching the company’s long-term target. Kitron’s revenue for the fourth quarter was EUR 199.1 million, compared to 174.6 million last year. Growth was particularly strong within the Electrification and Defence/Aerospace market sectors. Fourth-quarter operating profit (EBIT) was EUR 18.0 million, compared to 15.9 million […]