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Cheaper knockoffs take shine off big wearables brands

These products, which closely resemble the design of the Apple Watch and other premium smartwatches, are also pulling down the average selling price (ASP) in the industry to record lows, making it difficult for the entrenched brands to compete or "premiumise", industry executives and experts said. The ASP in the wearable segment fell about 39% to $26.10 in 2023 from an already low $42.50 the previous year, se per IDC.

Two beloved automakers issue recalls affecting their bestselling models

Drastic decline in affordable used cars: iSeeCars study reveals significant shift in market trends

A staggering national trend highlights the overarching shift. Used cars under $20,000, which once constituted 49.3% of the entire used car market in 2019 prior to the pandemic, have plummeted to a mere 12.4% in 2023.

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