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9 per cent over the quarter. 82 million. technology Key Apple supplier warns of half-year loss By Michael Bow Imagination, one of Apple’s key suppliers, warned it would make a surprise half-year loss due to slowing demand for hi-tech gadgets in China, sending its shares down nearly 10 per cent to 234p yesterday. ) will represent a triumph of brand and bland. The $270bn (£174bn) company that will be created if the former’s takeover ambitions are realised will The FTSE 250 company, led by Sir Hossein Yassaie, blamed the shortfall on rougher semiconductor markets, sparked by weaker emerging economies, plus tardiness from one big customer in switching to one of its newer microchips.
It might have to sell off major businesses such as Coors in the US and parts of the Chinese business to get the deal past regulators. Both companies already have large market share in those countries. Analysts at CMC Markets said: “This deal has been a source of speculation since InBev first merged with Anheuser-Busch. ” Christian Davis, editor of the trade magazine Drinks International believes the move to act on the deal now is owing to pressure in the beer market. “Beer consumption is pretty flat if not declining in many mature markets,” he said.
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The i (17 September 2015)
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