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Sunday, February 25, 2018

Few phone makers will survive industry's brutal economics: Huawei

BARCELONA (Reuters) - The smartphone industry is bound to consolidate as the heavy investments required to remain competitive mean that, in the long-run, only a handful of firms can make money, the consumer chief of China's Huawei Technologies [HWT.UL] said on Sunday.


from Reuters: Business News http://ift.tt/2EUKK0u

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'Greedy landlords are cashing in and forcing us out of town'

Some locals say rent hikes prompted by an influx of construction workers are pricing them out. from BBC News https://ift.tt/DKxk7BR