Market intelligence firm TechArc has predicted 25-30% on-quarter decline in April-June sales as inventory replenishment will not happen at the desired rate owing to supply chain issue starting end of February, while International Data Corporation (IDC) has lowered its shipment estimates for the current quarter ending this month.
The report said it has cut growth estimates across companies and the revised growth forecast stands at 3-8 per cent for 2020-21.
The coordinated legal and technical steps led to the disruption which is the result of eight years action and will ensure the criminals are no longer able to execute cyberattacks through the existing network.
This is the first time that a handset company has introduced digital payments app for its users. Previously, Chinese brands Xiaomi and Realme had spun off their financial services apps to offer small-ticket loans, insurance and credit score reports to their users.
IT firm TCS on Thursday said it has partnered with Qatar-based Black Cat Engineering & Construction (BCEC) to provide digital solutions and innovation strategy.
Capgemini, which has set up two technology labs in Paris and Mumbai to develop 5G technology services, will look to increase talent in emerging technology areas.
"It's (now) exactly like 2008 when everything got shut down over a period of time but again recovery then was in a V-shape because central banks and all got in and stabilised," Balakrishnan said. "Now, central banks are helpless; interest rates are almost zero in most parts of the world...I think the pain is going to be similar to what we saw in 2008 and we don't know how long this is going to last."from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
