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Smartphone supplies may soon run out

Bloomberg As Chinese factories hit by the coronavirus look to restart production, the pain is only beginning for carriers that rely on steady shipments of Asian smartphones. AT&T Inc is bracing for handset shortages across the US. A carrier in the UK and one in France are already dealing with supply disruption and could run out of some popular models, ...

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Tech firms drop out of SXSW conference over coronavirus

Bloomberg Tech giants continue to drop out of this month’s South by Southwest festival over coronavirus concerns, threatening an event that typically serves as one of the industry’s most influential gatherings. Apple Inc said that it wouldn’t be attending the conference, which kicks off on March 13 in Austin, Texas. The iPhone maker and streaming-video provider had planned to debut ...

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Lego CEO undaunted by virus fear, sees more China shops

Bloomberg The chief executive of Lego A/S says the novel coronavirus only represents a short-term blow to China’s economy that won’t change the toymaker’s expansion plans in its fastest growing market. Lego reported record sales and said growth in 2020 will once again be led by China. It’s targeting almost 60% more stores there this year, bringing the number to ...

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