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Key iPhone supplier expects orders to dip on weak demand

Bloomberg Mobile industry bellwether Murata Manufacturing Co expects Apple Inc to reduce iPhone 14 production plans further in the coming months because of weak demand, which would force the supplier to again cut its outlook for its handset-component business. “Judging by handset availability in stores, I see a downward revision happening,” Murata President Norio Nakajima said in an interview. “I ...

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Tesla offers Chinese buyers extra subsidies to boost new car sales

  Bloomberg Tesla Inc is offering further incentives to Chinese customers who buy and take delivery of new cars this month, in the latest move to boost sales in the world’s biggest electric vehicle market. Elon Musk’s EV pioneer will subsidise purchases by 6,000 yuan ($860) for Model 3 sedans and Model Y sports utility vehicles, which currently start at ...

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Indian households expect prices to cool: RBI survey

  Bloomberg Indian households expect prices to cool in the coming days and the economy to improve, surveys from the central bank found. Inflation perceptions in November dropped by 40 basis points to 9.8%, according to a Reserve Bank of India survey of 6,066 urban households in 19 major cities. Three-month and one-year ahead expectations declined by 40 and 20 ...

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