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Wireless

U-blox again lowers FY outlook, but sees recovery after that

Wednesday 21 November 2018 | 13:27 CET | News
Swiss wireless modules maker U-blox has further lowered its guidance for the full year, on the back of Sino-US trade tensions and a slowdown in Asia in general, but says there will be recovery in the second half of the year and then beyond, with stronger progress in infrastructure, in-car navigation and after-market car electronics. The company has also sought to mitigate softness in China by adjusting its management structure and refocusing its sales teams onto emerging applications sectors.

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Categories: Mobile & Wireless
Companies: u-blox
Countries: World
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