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SRC refuses to pass budget with 'unacceptable' cuts

2014-05-30 11:48:23| Electronics - Topix.net

Taking an unexpected, unprecedented stand, the School Reform Commission refused Thursday night to pass a 2014-15 budget.

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IDC cuts tablet forecast to 12% growth in 2014

2014-05-29 16:31:00| Telecompaper Headlines

(Telecompaper) IDC has cut its annual forecast for tablet shipments after weak sales in the first quarter. The market researcher now estimates 245.4 million tablets and two-in-one laptops to ship worldwide this year, down from the previous forecast of 260.9 million units. The new forecast represents a 12.1 percent year-over-year growth rate, notably lower than the 51.8 percent annual growth in 2013. IDC said the slower market was due to consumers holding on to their tablets, especially high-end models, longer than expected. When they do buy a new one, they often give their old model to a family member. Second, the rise of phablets smartphones with 5.5-inch and larger screens are causing many people to second-guess tablet purchases as the larger screens on these phones are often adequate for tasks once reserved for tablets. In the past year, the phablet share of smartphone shipments has more than doubled, from 4.3 percent in the first quarter of 2013 to 10.5 percent in the first quarter of this year, representing 30.1 million units shipped. To offset the phablet trend, IDC expects tablet makers to start focusing more on larger-screen devices, such as Microsoft's new Surface. 

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US: DSW cuts full-year outlook on Q1 sales drop

2014-05-29 16:27:00| Daily apparel & textile news and comment - from just-style.com

Footwear retailer DSW has lowered its full-year outlook after unseasonal weather and an aggressive promotional environment weighed on first-quarter sales.

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US: Levi Strauss cuts sourcing from Cambodia

2014-05-29 14:20:00| Daily apparel & textile news and comment - from just-style.com

Jeans giant Levi Strauss & Co has reduced its sourcing from Cambodian garment factories in a bid to "minimise supply-chain risk and ensure delivery" amid ongoing unrest in the country.

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Honda cuts Thailand production by 60%, delays second plant plans

2014-05-26 14:15:42| Automakers - Topix.net

Military coup and political uncertainty in Thailand has led Honda Motor Co to scale down production at the company plant in Ayutthaya by as much as 60%.

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