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India wearables market touches 11.4 mn units in March 2021 quarter: IDC

The Indian wearables market grew 170.3 per cent year-on-year to a record 11.4 million units in the March 2021 quarter, as per research firm IDC.
Strong momentum in the watch and earwear categories led to the highest-ever first-quarter shipments in India , IDC said in a statement.
Watches grew 463.8 per cent y-o-y ( year-over-year ) in the first quarter of 2021 to become the fastest-growing category in wearables, replacing earwear which also maintains a triple-digit growth in the quarter under review, it added.
The overall wristwear category, which includes wrist bands and watches, grew 74.8 per cent y-o-y in the said quarter, reflecting the growing popularity of fitness and health tracking devices in the country. ....

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Worldwide PC shipments increase 32% in first quarter, Lenovo leads

Worldwide PC shipments reached 69.9 million units in the first quarter of this year, a growth of 32 per cent from the first quarter of 2020, according to Gartner.
The top three vendors in the worldwide PC market remained unchanged from the previous quarter, with Lenovo maintaining the top spot by shipments, said the report.
All of the top six vendors experienced double-digit growth, and all, except Dell, gained market share compared to a year ago
This growth should be viewed in the context of two unique factors: comparisons against a pandemic-constrained market and the current global semiconductor shortage, Mikako Kitagawa, Research Director at Gartner. ....

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Apple agrees to testify before US Senate on app store antitrust concerns

Read more about Apple agrees to testify before US Senate on app store antitrust concerns on Business Standard. App makers have long complained that mandatory revenue sharing payments and strict inclusion rules set by Apple s App Store for iPhones and iPads ....

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Never spoke to Elon on buying his 'failed' Tesla car biz in 2017: Tim Cook

Apple CEO Tim Cook has said that he never spoke to Tesla CEO Elon Musk about buying his failed electric car business couple of years back.
Musk in December last year tweeted that he offered Cook to sell his electric car company at one-tenth of its value during the struggling period in 2017 but the Apple CEO refused to meet him.
In an interview with The New York Times on Monday, Cook said that talks never happened.
You know, I ve never spoken to Elon, although I have great admiration and respect for the company he s built, Cook was quoted as saying. ....

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US Stocks climb to records on strong economic data

The US stocks continued upward journey on Monday, 05 April 2021, with the Dow Jones Industrial Average and S&P 500 surging to records, thanks to better than expected jobs reports and the services sector data.
At the close of trade, the Dow Jones Industrial Average index advanced 373.98 points or 1.13% to 33,527 and the S&P 500 added 58.04 points or 1.44% to 4,078. The tech-heavy Nasdaq Composite Index climbed up 225.49 points or to 1.67% 13,706.
With the U. S. stock market closed Friday, it was the market s first reaction to the latest jobs report, which showed that U. S. hiring jumped in March. Employers added a seasonally adjusted 916,000 jobs last month. Investors were further encouraged by a report Monday showing that the services sector recorded record growth in March as orders, hiring and prices surged. ....

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