appliances

SEOUL—The two-year global semiconductor shortage is threatening to spread to some of the most advanced chips needed for next-generation smartphones and the data centers that power apps.Chips with the tiniest transistors and highest performance had largely escaped the drought that has hit the auto industry and other electronics. Now, problems ranging from production hitches to a shortage of manufacturing equipment have raised concerns over the ability of the world’s two highest-end chip manufacturers to meet delivery…

Microsoft Corp. MSFT -4.46% is rolling out a Netflix Inc. -like app on Samsung smart TVs that will allow users to play Xbox games without a console, in a push to increase subscribers of its videogame streaming service. The move, announced Thursday, is part of an industrywide trend to put gaming on the cloud and lock in players to subscriptions. Microsoft’s subscription…

Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling to keep up with competition from newer cosmetic brands, people familiar with the matter said. Revlon, which has struggled with the increasing popularity of new brands from social-media influencers such as Kylie Jenner and others, narrowly escaped bankruptcy in 2020 as masked-up, stuck-at-home consumers cut back on makeup and accessories during the pandemic. Revlon Inc. is preparing to…

Problems such as production hitches and a shortage of manufacturing equipment have raised concerns over the ability of TSMC and Samsung to meet delivery promises to customers. Problems such as production hitches and a shortage of manufacturing equipment have raised concerns over the ability of TSMC and Samsung to meet delivery promises to customers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content,…

GameStop Corp. GME -2.68% sales rose as more people returned to its stores last quarter, but its loss widened, damping investors’ hopes for signs of a turnaround for the videogame retailer. The Grapevine, Texas-based company posted on Wednesday $1.38 billion in net sales for the quarter through April 30, up from $1.28 billion a year earlier. On an adjusted basis, the retailer reported a loss of $2.08 a share, compared with a loss of 45…

Unilever PLC UL -4.57% has for years wrestled with the best way to run its ice cream-to-shampoo empire. Now it is set to get some fresh inspiration from activist investor Nelson Peltz. Mr. Peltz, who gained a board seat at Unilever after his Trian Fund Management LP amassed a 1.5% stake in the maker of Ben & Jerry’s ice cream, has a strong record in the consumer-goods industry. Still, reinvigorating Unilever could prove tricky. The…

It has been 10 months since Victoria’s Secret VSCO 5.71% spun off from L Brands and revamped its brand to be more women-centric. While the message is starting to resonate with consumers and Wall Street analysts, it is taking longer to reach investors. Victoria’s Secret said on Tuesday that its total revenue declined 4.5% in the quarter ended April 30, at the high end of its own guidance and better than the…

Officially, Procter & Gamble Co. referred to its management structure as “the matrix.” Internally, frustrated executives called it “the thicket.” Five years ago, activist investor Nelson Peltz set out to dismantle the bureaucracy that both he and P&G executives said was hobbling the maker of Tide detergent, Gillette razors and Pampers diapers. He joined P&G’s board in March 2018 following what was then the most…

Walmart WMT 1.97% is stocking more half gallons of milk for shoppers who can’t afford a full gallon. Procter & Gamble PG 1.53% is touting a dish-soap bottle that allows users to save money by extracting every drop. Michaels is curtailing the marketing of higher-priced crafts tools that shoppers may no longer be in the mood to buy.Many of the companies whose mission is to know the U.S. consumer are bracing for a…

SEOUL—President Biden began his three-day trip to South Korea with a visit to a Samsung Electronics Co. semiconductor plant, underscoring the technology ties between the countries as the U.S. seeks to strengthen supply chains and reboot its own manufacturing amid competition with China.“These little chips—only a few nanometers thick—are the key to propelling us into the next era of technological development,” Mr. Biden said on Friday at the plant. He added, ”Our two nations work…