The emergence of car sharing services began with the founding of Zipcar in 1999. Since then, car sharing has taken off across the world due to its flexibility when compared with traditional car rental and carpooling services. Some well-known car sharing operations include Autolib, a French-based venture that has been expanding aggressively, and the popular micro-transportation program in Hangzhou, China.
Smart home technologies have been developing rapidly since 2014. From Google’s US$3.2 billion acquisition of Nest at the start of 2014 to the 2015 CES earlier this year, the explosive growth in the smart home market was reflected by a proliferation of various application products.
The latest report from WitsView, a division of TrendForce, finds the global shipments of LCD TVs in this second quarter totaled 48.25M sets, down 6.4% from the prior quarter. Due to the slowdown in the Chinese economy, sales figures from events related the Chinese Labor Day and the Dragon Boat Festival fell below expectations.
The introduction of the Apple Watch did not create takeoff growth opportunities in the wearable device market. Consequently, vendors are working on other attractive products, and virtual reality (VR) currently stands out among the wearable technologies that are under development.
The latest survey by the global market research firm TrendForce finds retailers’ stock up demand for new products sustained the notebook shipments this second quarter. However, the excessively high inventory level in the European retail channels and the slow inventory clearance efforts led to the lower-than-expected shipment result of 38.86 million units, or just a 1.1% growth versus the first quarter.