Remove tag production cut
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Packaged foods give bite to FMCG sales volumes in January-March

CFO News

Companies said there was a significantly higher growth in sales of branded packaged foods than their unbranded counterparts because of their lower share compared to other household products. In the past few months, companies have been reversing grammage cuts to bolster volume growth amid easing inflationary pressures.

Sales 52
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Maximizing Efficiency in Financial Management with SaaS Accounting Software

CFO Plans

This is particularly beneficial for small businesses and startups that need robust accounting capabilities without the hefty price tag. Enhanced collaboration ensures everyone stays on the same page, streamlining processes and boosting productivity.

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NXP Rolls Out Privacy-Enabled Tag Chips For IoT

PYMNTS

NXP Semiconductors in late September introduced its latest NTAG DNA tag chip, providing privacy-enabled, multi-layered security for NFC and IoT authentication applications. With the new NTAG 424 DNA, brands can fight counterfeit and grey market activities at a cost that enables mass-market deployment of advanced NFC tags.

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Apple iPhone X Gets Production Cuts As Demand Slows

PYMNTS

Eyeing weak demand, tech giant Apple has cut production for its iPhone X planned for the current quarter. 30) that production cuts mean that the firm will make 20 million iPhone X devices in the period, half of what had been planned. The Wall Street Journal reported news on Tuesday (Jan. It’s a real headache.”

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Amazon Lowers Whole Foods Prices To Attract More Customers

PYMNTS

The lower prices will affect 500 plus products and will mostly focus on meat and produce. Amazon bought Whole Foods in 2017 for $14 billion, and it plans to initiate the price cuts on Wednesday (April 3). The price cuts will last at least through the end of the year, and they’ll include all kinds of products.

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iPhones To Enter Mass Production In India

PYMNTS

Amid a change for Foxconn Technology Group, the iPhone will reportedly enter mass production in India, as the country has become the fastest-growing market for smartphones around the globe. The company reportedly has assembly sites in Tamil Nadu and Andhra Pradesh to manufacture Nokia and Xiaomi products. and Huawei Technologies Co.,

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Apple Sales In China Could Suffer Due To Weaker Demand

PYMNTS

Suva said sales of the electronic giant “could be cut in half,” owing to a “less favorable brand image.” In April , Apple cut prices of its products by nearly 6 percent in China due to lesser demand. Demand has been slumping in China for Apple products in part because of the hefty price tag.

Sales 43