An interview with the impossible to enter on plans china despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. 2. 3 tos will drop around 1. 3 billion units. Paul allen and emily chang spoke with the privacy the ibc president on wednesday. We have a number of analysts looking at this. We would say the tightest agreement ingredient in this is the people. Not fully back to work. With think the manufacturers in na are mainly 30, 30 5 35 of capacity. They are slowly starting to ramp back up. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc base and screens. That would fit with the story we have today, that if you are having trouble with replacement parts, what is one of the biggest parts . You drop your phone and you break your screen and you need a new panel. The idea that displays and screens
China despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. Shipments will drop 2. 3 to around 1. 3 billion units. Paul allen and emily chang spoke with the privacy the ibc president on wednesday. We have a number of analysts looking at this. We would say the tightest ingredient in this is the people. People are not fully back to work. With think the manufacturers in china are mainly 30, 30 5 35 of capacity. They are slowly starting to ramp back up. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc base and screens. That would fit with the story we have today, that if you are having trouble with replacement parts, what is one of the biggest parts . You drop your phone and you break your screen and you need a new panel. The idea that displays and screens are already starting to show up in sho
Us. Apple warnse, the path reopened after the super tuesday victories and what is shaping up to be a two man some iphones will be in short race for the democratic supply as Stores Slowly reopen in china. Nomination. First, the death toll from the that is up next. This is bloomberg. Coronavirus rising to 11 across the u. S. With california reporting the first death in this state. The fatality rate is 3. 4 percent, higher than the seasonal flu. Cases continued to surge in south korea, the u. K. 23 members of parliament have fallen no. U. S. Stocks rebounding, perhaps theing the rebound from surprise victory. Are expecting to see some decent trades some decent gains. We did have the new zealand Index Trading higher than more than hire more than 2 . Volatility is the name of the game. 1. 7 onhe asx slip by wednesday. It is going to recover all of that today. The nikkei also pointing higher. The nikkei broadly flat for the day. The cost fee looking higher by more than the cost be looking hi
Munster. Hospitality disruptor. Shortterm holds that combine elements of hotels and apartments. We will hear from the ceo. But first to our top story. Record highs on tuesday on averages, but Something Interesting happened during the day. The s p 500 tech index closed down slightly. Is this a sign of trouble to come . Joining us to talk about what this means is bloombergs abigail doolittle. I want to take a look at a chart im showing in my terminal which highlights some of the profit taking. I am wondering if that is what happened today given the overbought levels on the tech sector. Abigail i think you are dead on with that, taylor. That is exact a what that represents, you little bit of profittaking. That stock up so much this year, and that is really what makes today so interesting, the nuances you were talking about, the nuances, each finishing at a record high. The stocks and chip index also finishing i record high. The reason that stands out is they are leading up all year, up mo
We will get thoughts from gene munster. Hospitality disruptor. Shortterm holds that combine elements of hotels and apartments. Will hear from the ceo. But first to our top story. Tuesday ons on averages, but Something Interesting happened during the day. The s p 500 tech index closed down slightly. Is this a sign of trouble to come . Joining us to talk about what this means is bloombergs abigail doolittle. I want to take a look at a chart im showing in my terminal which highlights some of the profit taking. I am wondering if that is what happened today given the overbought levels on the tech sector. Abigail i think you are dead on with that, taylor. That is exact a what that represents, you little bit of profittaking. That stock up so much this year, and that is really what makes today so interesting, the nuances you were talking about, the nuances, each finishing at a record high. The stocks and chip index also finishing i record high. The reason that stands out is they are leading up