Samsung is warning that a chip shortage could drive up prices in the electronics sector. “There’s going to be issues around semiconductor supplies, and it’s going to affect everyone,” Wonjin Lee, the company’s president and head of global marketing, said in an interview in Bloomberg...
Despite its customers’ resilience, Best Buy expects sales to dip this year because of tariffs. The electronics retailer released quarterly earnings Thursday (May 29), projecting yearly revenue of $41.1 billion to $41.9 billion, below past guidance of $41.4 billion to $42.2 billion. Best Buy has...
Big tech companies may be able to weather America’s tariffs on Chinese goods. Small tech companies, The Wall Street Journal (WSJ) reported Sunday (April 27), may not be as lucky. According to that report, ongoing trade wars could mean that gadget-makers are forced to raise...
As earnings season kicked off last week, JPMorgan’s CFO Jeremy Barnum said on the conference call with analysts that consumers had been front-loading their spending ahead of anticipated price increases from tariffs. That scramble to buy goods showed up in the latest data on retails...
April 16, 2025
As earnings season kicked off last week, JPMorgan’s CFO Jeremy Barnum said on the conference call with analysts that consumers had been front-loading their spending ahead of anticipated price increases from tariffs. That scramble to buy goods showed up in the latest data on retails sales for March, capturing a surge that notched the highest […]
April 04, 2025
There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president —...
March 22, 2024
Walmart is looking to MacBooks to drive up its share of consumer electronics spending as Amazon continues to widen its lead in the category. The mega-retailer recently announced that it is...
August 15, 2023
Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained strong against a backdrop where...
January 07, 2026
Samsung is warning that a chip shortage could drive up prices in the electronics sector. “There’s going to be issues around semiconductor supplies, and it’s going to affect everyone,” Wonjin Lee, the company’s president and head of global marketing, said in an interview in Bloomberg on Tuesday (Jan. 7). “Prices are going up even as […]
May 29, 2025
Despite its customers’ resilience, Best Buy expects sales to dip this year because of tariffs. The electronics retailer released quarterly earnings Thursday (May 29), projecting yearly revenue of $41.1 billion...
April 27, 2025
Big tech companies may be able to weather America’s tariffs on Chinese goods. Small tech companies, The Wall Street Journal (WSJ) reported Sunday (April 27), may not be as lucky....
April 13, 2025
President Donald Trump has exempted electronics from his “reciprocal” tariffs, at least for now. The government announced late Friday (April 11) consumer electronic imports from China would be excluded from...