According to The Information news, fraudulent iPhone repair reports from China cost billions of dollars to Apple, over the period of five years. In May 2013, the only Apple’s retail store in Shenzhen, China then was forced to temporarily shut down, as it was surrounded by line of hundreds of customers who were waiting to exchange broken iPhones for new device. The store logged over 2000 warranty claims a week.
October 12, 2018
Emerson Electric Co. is all set to unveil a range of innovate plastic welding technology solutions. According to the company, a new generation of Branson ultrasonic welders is developed to address the increasing demand for the assembly of smaller and more complicated plastic components. This will help the manufacturers to meet tight project deadlines and deliver a product line’s estimated return on investment (ROI). The new welders will be demonstrated
Europe stocks went sharply down on Thursday morning with mining, tech, and luxury firms leading the losses and lowered the pan-European Stoxx 600 by 1.8% during mid-morning deals. Steep losses in the United States, following a dramatic sell-off for equities on Wall Street had prompted Europe markets to be slumped to their lowest level in 20 months. Global equity market have lowered amid heightened fears over an estimated slowdown in