Smartphone market continues recovery but isn’t out of the woods just yet

Another set of analyst sales figures suggest the global smartphone market is showing signs of recovery after a difficult 2020 due to coronavirus.

a man wearing a hat talking on a cell phone: Smartphone

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Gartner says 366 million units were sold during the third quarter of 2020, a drop of 5.7% year on year. However, this is far better than the previous two quarters, which coincided with the peak of the pandemic and during which the market contracted by more than a fifth.

There is renewed hope that the fourth quarter could see further improvement thanks to easing lockdown restrictions and delayed purchases. However, there is also a warning that ongoing uncertainty and economic pressures, coupled with the delayed rollout of 5G networks, could yet scupper improvement.

Worldwide smartphone sales

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“Consumers are limiting

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Dubai Design Week As A Sign Of The Recovery Of The UAE’s Creative Industries

Dubai Design Week continues inspiring people to create opportunities for innovation, sustainability, and human development.

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Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Recently-held Dubai Design Week may have taken place in exceptional circumstances, but the city’s readiness and resilience –coupled with the safety measures put in place by the relevant authorities– has showcased that physical events can get moving again.

Within the safe open-air setting of Dubai Design District (d3), thousands of people attended the region’s largest creative festival. It was a return to life, and a major milestone in the recovery of the creative industries.

The health and safety of visitors was paramount. Attendees were requested to download the Dubai Design Week app and register their preferred

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Understanding E-Resilience for Pandemic Recovery in Asia and the Pacific – World

The COVID-19 pandemic has accelerated the digital transformation and underscored its importance for mitigating the economic slowdown, sustaining wellbeing, and speeding up recovery. Governments, smart policymaking, as well as regional cooperation play an essential role in helping to both enable digital transformation to occur and in facilitating access to technology. In this regard, the Secretary-General’s Roadmap for Digital Cooperation, presented on June 11, 2020, comes at a critical inflection point for digital issues by outlining key areas for action to advance a safer, more equitable digital world.

The adoption of digital tools contributes substantially to the achievement of the SDGs. The development of the digital infrastructure to reduce the digital divide would first advance SDG 9 (Industry, Innovation, and Infrastructure). By providing access to more health-related information, ICT drives progress on SDG 3 (Good Health and Well-being). Digital tools can also democratize education and facilitate remote working, thereby promoting SDG

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AirAsia slashes Malaysia capacity recovery outlook

KUALA LUMPUR (Reuters) – Malaysian budget airline AirAsia Group Bhd on Tuesday slashed its outlook for its home market again although it expects a rebound in December.

FILE PHOTO: Airasia planes are seen parked at Kuala Lumpur International Airport 2, amid the coronavirus disease (COVID-19) outbreak in Sepang, Malaysia October 6, 2020. REUTERS/Lim Huey Teng/File Photo

While encouraged by a resumption of domestic travel in Malaysia, Indonesia and the Philippines during the three-month period ended September 30, AirAsia said a spike in coronavirus cases in Malaysia and subsequent curbs had led it to reduce capacity in the country in October and November.

It halved its projected recovery rate in Malaysia to 31% of its pre-COVID-19 capacity by the year end, after already lowering it to 60% last month from 70-75% in August.

“There is a slight setback in Malaysia but we expect this to be short-lived and to bounce strongly

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Rocket Lab on road to reusability after successful booster recovery

Rocket Lab is now confident that its reusability dreams can come true.

The company recovered the first stage of its two-stage Electron rocket for the first time on Thursday (Nov. 19), fishing the booster out of the Pacific Ocean a few hours after it had helped launch a 30-satellite mission aptly called “Return to Sender.”

The stage survived its trip back from space in great shape, helping to validate Rocket Lab’s reusability vision, according to company founder and CEO Peter Beck.

“The test was a complete success,” Beck said during a call with reporters today (Nov. 23). “We’re really confident now that Electron can become a reusable launch vehicle.”

Related: Rocket Lab and its Electron booster (photos)

The 58-foot-tall (18 meters) Electron, which gives small satellites dedicated rides to orbit, has been an expendable vehicle since its debut launch in 2017. Last year, however, Beck announced that the company plans

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Foldable Smartphone Market Research Report with Industry Share, Size and Strategies to Boost Growth: Covid-19 Impact And Recovery

The MarketWatch News Department was not involved in the creation of this content.

Nov 24, 2020 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”

“Foldable Smartphone Market” research report offers the breakdown of the industry by market size, rate of development, key companies, counties, product selections and application. The Foldable Smartphone Market Report delivers current state, openings, limits, drivers and also the evolution forecasts of the market by 2025. Profound investigation about Foldable Smartphone market standing, enterprise competition outline, welfares and drawbacks of enterprise stock, Foldable Smartphone industry development trends, regional industrial layout features and economics policies, industry News and Strategies by Regions has additionally been enclosed.

Get a Sample Copy of the Report at-

In Regional Analysis, the Foldable Smartphone market is also categorised into North America, Europe, China, Japan, the middle East, India, South America, Others. North America,

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World’s Largest Free-Trade Pact Inspiration for Global Recovery

After four long years of diminished prospects, stagnation, and divisive geopolitics, four summits could show the way toward a better future.

Recently, Moscow hosted the 12th BRICS Summit. Malaysia is hosting the APEC Summit. And Riyadh will welcome the world leaders into the highly-anticipated G20 conference.

Importantly, these high-level events followed the signing of the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free-trade pact, which could help build multiple new paths toward a shared future.

The global economy is expected to shrink by 5 percent in 2020. World trade is likely to plummet by 20 percent. After misguided trade wars and the pandemic, global cooperation across all differences is vital to defeat the pandemic and facilitate economic recovery.

World’s largest free-trade pact, to act as inspiration

In the ASEAN Summit last weekend, after nearly a decade of talks, 15 countries signed the Regional Comprehensive Economic Partnership (RCEP).


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Hydroponics Technologies Market | Insights on the Crisis and the Roadmap to Recovery From COVID-19 Pandemic | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the hydroponics technologies market and it is poised to grow by USD 450.18 million during 2020-2024, progressing at a CAGR of almost 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have At Par impact on the hydroponics technologies market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions-

  • Based on segmentation by technology, which is the leading segment in the market?
  • The
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Hong Kong, Singapore bubble delay highlights hurdles to travel recovery

SINGAPORE (Reuters) – A delay to Asia’s first travel bubble between Hong Kong and Singapore has hit the shares of their flag carriers and highlighted the challenges facing the global travel industry as it tries to rebound from the pandemic.

FILE PHOTO: Cathay Pacific employees, wearing masks against COVID-19, are seen behind counters with glass dividers at Hong Kong International Airport, China October 20, 2020. REUTERS/Lam Yik

The arrangement was postponed on Saturday, one day before it was due to launch, after Hong Kong reported a jump in coronavirus cases. Authorities and aviation experts have said the bubble would provide a blueprint for quarantine-free travel before a vaccine is widely available.

“There is no doubt that there are many challenges around it,” said Singapore hotelier Marcus Hanna, who had taken bookings from Hong Kong tourists and hopes for similar arrangements with major markets like mainland

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Drug eases recovery for those with severe alcohol withdrawal — ScienceDaily

A drug once used to treat high blood pressure can help alcoholics with withdrawal symptoms reduce or eliminate their drinking, Yale University researchers report Nov. 19 in the American Journal of Psychiatry.

In a double-blind study, researchers gave the drug prazosin or a placebo to 100 people entering outpatient treatment after being diagnosed with alcohol use disorder. All of the patients had experienced varying degrees of withdrawal symptoms prior to entering treatment.

According to the researchers, subjects with more severe symptoms — including shakes, heightened cravings and anxiety, and difficulty sleeping — who received prazosin significantly reduced the number of heavy drinking episodes and days they drank compared to those who received a placebo. The drug had little effect on those with few or no withdrawal symptoms.

“There has been no treatment readily available for people who experience severe withdrawal symptoms and these are the people at highest risk

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