
Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities.
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Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities.
On their 18th Saturday of protests, France’s ‘yellow vest’ movement targeted the tree-lined avenue, smashing banks, ransacking restaurants, burning newspaper kiosks and looting luxury stores.
San Francisco-based Fitbit Inc launched its cheapest smartwatch on Wednesday in a bid to defend its place in the wearable electronics market, as larger rivals roll out devices aimed at helping users track their health.
The fast-growing Parisian label is planning a spate of openings in the next few months, in Paris, Seoul, Jakarta, Hong Kong, Shanghai and Chengdu, bolstered by its new Chinese joint-venture company.
Wearable device maker Fitbit Inc forecast current-quarter revenue below analysts’ estimates on Wednesday, as the company expects its average selling price to drop, sending its shares down 11 percent in extended trading.
Swatch Group has filed a complaint against Samsung Electronics Co and Samsung Electronics America Inc, saying the two companies infringed its trademark on designs for downloadable smart watch faces.
South Korean manufacturers operating in Vietnam say they are struggling to break even in the nation due to higher transportation and labour costs and weaker sales.
Garmin Ltd on Wednesday forecast full-year revenue and profit above expectations along with strong fourth-quarter results, sending its shares up 15 percent to their highest in more than a decade.
The South Korean electronics company has announced that it is canceling its partnership in China with Supreme Italia, a brand based in Barletta, Italy which trades off its likeness to cult NYC streetwear label Supreme.
From centre-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way.