Some sourcing-related (or, okay, sometimes sourcing-adjacent) reading as we start the gradual, orderly slide into the weekend. Selected for your entertainment and illumination by the Global Sources content team.
Technology you can truly wear – and washable too. Imagine a sensor-equipped fabric for shirts, pants, socks or shoes that can monitor a wearer’s heart rate, blood pressure, blood glucose level, blood oxygen level, body temperature, and activity. Beyond monitoring, this technology has potential for obtaining data, which in medical applications has far-reaching implications. How much more if this new wearable can run on power generated from body heat and motion or vibration?
LG, one of the world’s moguls in electronics, has announced it is to quit making smartphones by the end of July, leaving other major counterparts such as Apple, Samsung and Huawei to compete in the more-fierce-than-ever market.
Once one of the world’s top smartphone makers, LG now only takes up less than 2% of the global market share. The company said it will focus instead on connected devices, electric vehicle parts, robotics and its smart-home offerings. It is still uncertain whether more companies in the industry will follow suit. Nonetheless LG’s departure certainly shows how competitive and challenging the market competition has now become.
Find out the best e-commerce platforms, tools and software to use in 2021. Knowing where to sell and which applications to use for business management efficiency is critical to your long-term success as an entrepreneur.
This article from Walker Woodworking nicely lines up some forecasted trends in hardware and interior design for homeowners either looking to renovate their homes or start building.
Self-driving cars are no longer news, but the driverless revolution seems to be picking up steam in an unexpected category – the delivery market, where some of the world’s largest fastfood chains, grocery stores and merchandise companies have started investing and integrating the technology into their business.
The latest update from apparel sourcing expert Sheng Lu of the University of Delaware, who says “thanks to consumers’ resumed demand and a more optimistic outlook for the U.S. economy, US apparel imports went back to the robust recovery trajectory in February 2021.” Asia as a whole remains the single largest source of apparel for the US market, accounting for around 75% of import value. Vietnam, ASEAN nations, Bangladesh, and Cambodia all gained market share from 2019 to 2020 and during the most recent 12 months.
That’s all for this edition of the Friday links – have a great weekend.