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RH shares decline after the business lowers its annual guidance

RH shares fell nearly 8% in afterhours trading following the release. The company now sees annual sales down between 2% and 5%, compared with prior ex

RH shares fell nearly 8% in afterhours trading following the release. The company now sees annual sales down between 2% and 5%, compared with prior expectations that saw sales flat to up 2%. It still anticipates revenue in its fiscal second quarter to be down between 1% and 3% from prioryear levels. RH, the homegoods retailer, saw sales fall 18% in the first quarter. CEO Gary Friedman expects demand to continue to slow throughout the year. The company also said it has not repurchased any stock since announcing an expansion of its share repurchase plan. Read More..

B2B Tech News | 3 years ago          

Latin America 3D Printing Market Top Players, Revenue & Growth 2022 in Healthcare 2030

The value of 3D printing in the healthcare market in Latin America is expected to reach a value of USD 1.97 Bn by 2023, expanding at a compound annual

The value of 3D printing in the healthcare market in Latin America is expected to reach a value of USD 1.97 Bn by 2023, expanding at a compound annual growth rate CAGR of 21.82% during 20182023. The additive process involves the deposition of successive layers of material until the desired object is created.3D printing in healthcare enables the creation of replacement organs to support existing biological parts. Based on technology, the market can be segmented into laser beam melting and electron beam melting. The healthcare market is expected to show about 2% growth in the coming years. There are no government insurance policies for dental procedures that negatively impact the dental 3D printing market. Read More..

B2B Tech News | 3 years ago          

Siemens is investing in Volkswagen Electric in the United States

This was announced on Tuesday by the first foreign investor of the Siemens Electrify USA project. The network raised a total of $ 450 million, includi

This was announced on Tuesday by the first foreign investor of the Siemens Electrify USA project. The network raised a total of $ 450 million, including an increase in Volkswagens investment.. Volkswagen originally committed to $2 billion through 2026 for a network of charging stations. Plans are to more than double that to 1,800 sites and 10,000 ultrafast chargers by 2026. Read More..

B2B Tech News | 3 years ago          

As part of a companys plan to become the NYSE of Latin America for cryptocurrencies

Think of BloxCross as the New York Stock Exchange for cryptocurrencies in Latin America. The new exchange is set to go live in Colombia on July 1, wit

Think of BloxCross as the New York Stock Exchange for cryptocurrencies in Latin America. The new exchange is set to go live in Colombia on July 1, with a subsequent rollout in Brazil and Mexico. U.S. regulators are setting their sights on customer protection, given the recent crypto meltdown in Celcius and Tether. He also notes that Latin America is an underbanked market, which could open the door to future products and services. What you see in the crypto world though, is that cryptocurrency prices are tied, to the business models of the companies that issue those. Read More..

B2B Tech News | 3 years ago          

Semiconductor Solution kunlaboras kun Renesas Electronics, Tata Motors, Tejas Network

Japanese semiconductor manufacturer Renaissance Electronics has entered into a strategic partnership with two Tata Group companies. This strategic par

Japanese semiconductor manufacturer Renaissance Electronics has entered into a strategic partnership with two Tata Group companies. This strategic partnership will focus on the development of semiconductors for technologies in the automotive, IoT, and 5G industries. Earlier, it was reported that the Tata Group planned to build a $ 300 million semiconductor manufacturing facility. TML will focus on manufacturing the next generation of car electronics for the Indian market. This partnership will accelerate TML’s presence in India and around the world. It seeks to provide core products and solutions for India and expand its global presence. Read More..

B2B Tech News | 3 years ago          

$ 1 billion in global opportunities for GaN electricity supplies by 2026 New Strategy Research

Global Industry Analysts Inc., the premier market research company, today released its report titled GaN Power Devices Global Market Trajectory & Ana

Global Industry Analysts Inc., the premier market research company, today released its report titled GaN Power Devices Global Market Trajectory & Analytics. The report presents fresh perspectives on opportunities and challenges in a vitally transformed postCOVID19 marketplace. The global market for GaN Power devices is projected to reach a revised size of US$1 Billion by 2026, growing at a CAGR of 16.4% over the analysis period. The GaN Power Devices market in the U.S. is expected at US$129.6 Million in the year 2021. China, the worlds secondlargest economy, is forecast to reach a projected market size of US$226.7 Million by the year 2026 trailing a CAGR of 20.9%. Japan and Canada, are each forecast to grow at 11.9% and 14.4% respectively over the analysis period. Read More..

B2B Tech News | 3 years ago          

NASA begins to return to the moon with a cheapest CAPSTONE mission launched by Rocket Lab.

Rocket Lab launched a spacecraft bound for the moon from its New Zealand facility early Tuesday. The mission is part of NASAs Artemis lunar program, w

Rocket Lab launched a spacecraft bound for the moon from its New Zealand facility early Tuesday. The mission is part of NASAs Artemis lunar program, which aims to verify that a specific type of moon orbit is suitable for the lunar Gateway space station. The microwavesized CAPSTONE will stay in orbit around the moon for at least six months to collect data. Rocket Labs CAPSTONE mission is the companys first foray into deep space, taking the company beyond its typical target of low Earth orbit. Every major component here is coming from a company that has within the last ten years received a small business award from the government, said Rocket Lab CEO Peter Baker. Read More..

B2B Tech News | 3 years ago          

Egypt in focus Qatars $ 3 billion new investment has been agreed. Egypt considers Panda bonds

Egyptian Finance Minister Mohamed Moaed said Qatar is investing up to $3 billion in the Egyptian economy. The finance minister expects remittances fro

Egyptian Finance Minister Mohamed Moaed said Qatar is investing up to $3 billion in the Egyptian economy. The finance minister expects remittances from Egypt to reach $3132 billion by the end of this fiscal year. Without mentioning the significance of this issue, Muat also announced that Egypt is considering issuing Panda bonds to the Chinese market in the first half of the upcoming fiscal year 2022/23. Prime Minister Mohamed Mahdouli has begun negotiations on a car shortage crisis in Egypt. Read More..

B2B Tech News | 3 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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