Industry

Coronavirus And China Manufacturing: Restarting Production Is Hard The Nikkei Asian Review reported that Apple’s iPhone supplier Foxconn has been advised that its Longhua campus in Shenzhen, China faced a high risk of coronavirus infection, and the company has announced at least another one-week delay in the resumption of production. This is not surprising, as we previously pointed out that many Chinese factories have employees working and living in close quarters, circumstances that are not conducive to stopping the contagion cycle. Nobody wants to take responsibility for restarting work if it turns out that will make the situation worse, as the Nikkei reporters pointed out. We...

Tata launches 'ecosystem' to kickstart Indian clean vehicles MUMBAI (Reuters) - India’s Tata Group is making its biggest push yet toward clean vehicles with plans to make electric cars and batteries, set up charging stations and build a battery recycling plant, senior executives said on Tuesday. Ratan Tata, former chairman of Tata Sons, attends the launch of Tata Motors electric sport-utility vehicle (SUV) Nexon EV, in Mumbai, India, January 28, 2020. REUTERS/Hemanshi Kamani To try to curb pollution and reduce its fuel import bill, India is pushing automakers to produce electric vehicles, but has faced resistance from some that say...

Starbucks sees hit as coronavirus prompts over 2,000 China store closures (Reuters) - Starbucks Corp (SBUX.O) on Tuesday became the first major U.S. company to warn of a financial hit from the new coronavirus outbreak in China, as it closed thousands of restaurants and adjusted operating hours in its biggest growth market. The world’s largest coffee chain delayed a planned update - based on strong quarterly earnings results - to its 2020 financial forecast because of the outbreak, which has caused over 100 deaths and over 4,000 confirmed cases in China. Shares of the company, which operates 4,292 stores in...

A new frictionless kiosk is revolutionizing the brick-and-mortar experience   INew York —  during the NRF Retail Week — Antavo unveiled a preview of its new Loyalty Experience Kiosk built upon facial recognition and iPhone’s advanced NFC capabilities. The Loyalty Experience Kiosk is a window to in-store engagement for brands and retailers. With it, customers can access exclusive offers, spin the Prize Wheel, fill out brand-themed quizzes, or join a treasure hunt where they are rewarded for finding and scanning codes on highlighted products. Users can also record video avatars, or check out real-time, inventory-based product recommendations via the Virtual Stylist module -...

Aki Technologies Purchases Eyeview’s Video Personalization Technology to Bolster Leadership in Moment Marketing Mobile Advertising Leader Invests in Tech Patents, Empowering Brands to Deliver Millions of Permutations of Video Ads to Consumers Video optimization and personalization just got easier now that Aki Technologies, the leading provider of mobile moment marketing, has completed its acquisition of the intellectual property of Eyeview, the pioneering video marketing company founded with the aim of delivering 1:1 personalized video in order to drive sales for leading brands. Aki will integrate Eyeview’s technology into its moment marketing solution to help brands meet the demand for more personalized, relevant advertising...