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Semiconductors
South Korean chipmakers halt old equipment sales over fears of US backlash
...The biggest demand comes from China, where most chipmakers are focused on producing older generations of chips used in appliances and cars....
March 12, 2024
Synopsys Inc
Synopsys to buy Ansys in $35bn design software deal
...Synopsys and Ansys on Tuesday said their tie-up would meet customers’ desire for a “fusion of electronics and physics”, as chipmakers sought to design larger appliances while manufacturers of cars, aircraft...
January 16, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexWalmart Inc
Walmart: deflating prices can be good for business Premium content
...Lower food prices could revive demand for Walmart’s higher-margin discretionary products, such as appliances or furniture. That means profit growth can continue even when its sales growth normalises....
November 16, 2023
HTSI
10 highlights from Milan Design Week
...Toru is an electric kettle by Nendo, the first element of a collection of stainless-steel appliances designed by the Japanese studio for Alessi....
April 16, 2024
Energy sector
US utilities defend gas stoves to head off electrification threat
...New York in May became the first state to ban natural gas connections in new buildings, prohibiting gas stoves along with water heaters, clothes dryers and other appliances that burn gas....
July 6, 2023
UnhedgedRobert Armstrong
Retail’s painful transition Premium content
...Big-ticket items like grills, appliances and patio furniture were particularly soft. And the kinds of projects contractors are working on “are changing from large-scale remodels to smaller projects”....
May 17, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Ecommerce
Amazon falls behind Walmart in battle for India’s online shoppers
...A version of this article was first published by Nikkei Asia on May 12 2023. ©2023 Nikkei Inc. All rights reserved....
May 20, 2023
LG Electronics Inc
LG/Apple: Korean group should benefit from much-anticipated iCar Premium content
...The outlook for its core home appliance unit is poor. Despite a growing global market share in the premium OLED TV market, the business reported a loss in the second quarter....
December 7, 2022
Semiconductors
Global chip shortage spreads to toasters and washing machines
...LG, a big appliance maker, said the chip shortage had not yet disrupted its production but admitted it was a risk....
April 25, 2021
California
California warns of power outages during record-breaking heatwave
...Caiso said customers could curtail power use between 4pm and 9pm by adjusting thermostats, turning off lights they do not need, avoiding the use of appliances and refraining from charging electric vehicles...
September 7, 2022
Coronavirus economic impact
Taking inventory at Target and Peloton
...$25bn of lost equity value — as its CEO said during its earnings call that misunderstanding the US consumer: ...led us to carry too much inventory, particularly in bulky categories, including kitchen appliances...
May 23, 2022
Stephen Bush
Whatever happens, the Netflix effect is here to stay
...In turn, domestic appliances reshaped politics....
April 25, 2022
News in-depthNuclear energy
California’s governor seeks lifeline for last nuclear plant
...California is also phasing out sales of petrol-fuelled cars and some communities aim to electrify home heating and appliances, which will increase demand for power....
August 29, 2022
Walmart Inc
Walmart issues profit warning as soaring inflation hits customers
...He said the company had made “good progress” clearing inventory in “hardline” or consumer durable categories such as appliances and furniture but was having to increase markdowns on clothing in its US stores...
July 25, 2022
Semiconductors
STMicro and GlobalFoundries to build chip factory in EU tech independence push
...The STMicroelectronics and GlobalFoundries facility will make chips of different sizes down to 18 nanometres that are used in automobiles, factories and appliances....
July 11, 2022
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
ObituaryLily Safra
Lily Safra, philanthropist and art collector, 1934-2022
...She divorced her first husband (hosiery fortune), while her second husband (household appliance fortune) died by suicide in 1969....
July 15, 2022
News in-depthNikkei Asia
Japan’s online shoppers call time on spending spree
...A version of this article was first published by Nikkei Asia on July 30. ©2022 Nikkei Inc. All rights reserved....
August 10, 2022
US inflation
‘We’ve never seen anything like this’: US retailers compete to clear stock
..., retailers say: more of their discretionary spending is going on experiences they missed out on earlier in the coronavirus pandemic, such as travel and eating out, rather than on clothes, furniture or appliances...
July 30, 2022
Home Depot Inc
Home Depot warns supply chain costs will hit profit margins
...A hot housing market has helped stoke demand for paint, patio furniture and appliances while supporting a recovery for contractors and builders whose businesses ground to a halt in the early days of the...
February 22, 2022
#techFT
Making the smart home Matter
...Cameras, robot vacuums and other household appliances will come a little later. Many existing devices may also become compatible through software upgrades....
February 22, 2022
#techAsia
Chip tool woes and a new kind of space race Premium content
...The twist this time is that the shortage is reflecting back on to the chip industry itself — and no one knows if it will be resolved before consumers’ appetite for electronics, autos and appliances starts...
April 7, 2022
Gillian Tett
‘Right to repair’ campaign forces rethink by Big Tech
...As its website explains, the aim of the project is to “understand the factors affecting household maintenance and repair (carried out yourself or using professional services) of home appliances and electronics...
February 3, 2022
The FT ViewThe editorial board
Apple’s concession on the right to repair
...First they apply only to certain appliances and televisions, while currently excluding laptops, smartphones and tablets....
November 22, 2021
The Future of Money
The new bank on the block Premium content
...The investment was intended to support JPMorgan’s vision for a future of embedded payments where consumers can make purchases from connected devices like cars and household appliances, but the whistleblower...
January 24, 2022
Asia-Pacific companies
From Samsung to Sony, Asia tech grapples with Russia sanctions
...LG Electronics, another South Korean company, produces and sells home appliances in Russia, while Japan’s Sony sells electronics there....
March 14, 2022

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