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The Latest Breaking News from IDC

A PS VR2 price cut 'will be needed to avoid a complete disaster' after reportedly slow launch

Market research firm IDC has crunched the sales numbers and is suggesting a price cut is vital to the success of Sony's VR headset.

PC Gamer

Foldable phones are set for some major growth

Over the next five years, foldable phones could have a 27.6% CAGR, analysts believe.

TechRadar

Is Sony self-sabotaging the PSVR 2?

The PSVR 2 is an amazing VR headset with a seriously great library of games, but Sony's marketing and sales strategy is tanking its potential.

Android Central

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It looks like PSVR 2 probably won't outsell its predecessor

PSVR 2 is likely to miss its sales targets, according to a notable VR analyst.

TechRadar

PSVR 2 price cut might be needed to avoid a "complete disaster"

One research firm claims launch sales have been disappointing

GamesRadar

In Depth: New Business Comes With Old Risks for China’s Struggling Tutoring Industry

Sales of ‘learning tablets’ helped keep companies going after the crackdown on for-profit education, but looming regulation and growing competition show the shift is no cure-all

Caixin Global

UK aid cuts could force closure of Afghan project supporting women and girls

Slashing funding to the programme from a promised £7m to just £1m sends a ‘stark message to the world’, says Save the Children

The Guardian - UK

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Behind the fanfare of James Cleverly’s visit to Sierra Leone, the need to restore aid is starkly apparent

The foreign secretary received a warm welcome in the country of his mother’s birth but critics say the slashing of aid budgets undermines the message of support for women and girls

The Guardian - UK

UK launches gender equality plan but critics call funding a ‘drop in the ocean’

Foreign secretary’s new strategy branded ‘meaningless’ in face of parliamentary inquiry into impact of slashing overseas aid

The Guardian - UK

Huawei Spinoff Honor Takes on Apple in Europe

Chinese smartphone giant gears up to compete in the premium segment with its Magic5 series of devices

Caixin Global

Email busts "new" Prayer Breakfast

An email inadvertently sent to TYT reveals new event's leaders striving to preserve unity with The Family

Salon

IDC forecasts PC market expansion in H1

Thailand's PC market is expected to receive a boost from the "Shop Dee Mee Khuen" tax rebate scheme, a brighter economic outlook and a stronger baht in the first half of this year, says tech market research firm IDC Thailand.

Bangkok Post

Digital transformation picks up

As businesses have become more engaged in their online journey, driven by the pandemic, they now need to gear up for digital transformation, including the use of cloud and automation, to be agile and competitive and to thrive in the new economy.

Bangkok Post

Shop warns ‘use us or lose us this Christmas' during difficult times for Bristol's high streets

Footfall is worse than Christmas 2021 when Omicron was rife

Bristol Post

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Bangkok Post

Firms to see major changes in IT, digital expenditure

IT spending in Asean, South Korea, Australia and New Zealand is expected to drop by 1-3% in 2023 despite immense economic challenges as enterprises shift to digital business to grow their revenue, according to International Data Corporation (IDC), a global tech market research firm.

Newslaundry

‘Fair and reasonable’: NDTV’s panel of independent directors on Adani offer

NDTV’s committee of independent directors has published its recommendations on Adani’s open offer, calling it “fair and reasonable”.

Bangkok Post

China wants sixfold growth in VR industry in five years

HONG KONG: The Chinese government wants to expand the country's virtual reality (VR) industry output by 2026 to 350 billion yuan (US$48 billion) - six times the level last year - showing Beijing's ambitions in becoming a world leader in metaverse technology.

Evening Standard

Foldables are floundering, but what can they do to become mainstream?

Foldables currently represent around 1% of the smartphone market. What’s holding them back?

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Tribune News Service

Apple ditches iPhone production increase after demand falters

Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.

Bangkok Post

Fanatics swarm to stores for iPhone 14

Hype was intense yesterday for the launch of the iPhone 14 lineup in Thailand, with fans flocking to stores, buoyed by Apple's promotion of the country to its first tier for new products.

Belfast Live

Co Antrim schoolboy becoming a rising star in world of drifting

The 13-year-old is revving up for another big weekend of action in the British Drift Championship

Bangkok Post

Thailand's digital agility hits rock bottom

Thailand has been ranked at the bottom of nine Asia-Pacific markets for digital agility, based on a study commissioned by Workday, a provider of enterprise cloud applications.

The Hindu

CBRE to grow tech hub footprint

Realty services firm setting up 1.20 lakh sq ft facility

Bangkok Post

IBM unit, partners to boost digital skills

IBM Thailand, the local unit of the American IT giant, is working with universities and business partners to provide training for people to level up high-demand digital skills, ranging from artificial intelligence (AI) to data science and hybrid cloud, as part of a push to support the country's digital transformation.

Benzinga

Here's Why Apple Beat Its Chinese Peers Amid China's Slowdown, Covid Resurgence

China, the biggest smartphone market, will likely shrink by 38 million units in 2022, down 11.5% from 2021 and accounting for about 80% of the global reduction in shipment volume thanks to the economic slowdown as global markets drop by 3.5%, the IDC reports. IDC previously saw the global market growing…

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