Consumers staying home due to COVID-19 are turning to tech. More than a third of U.S. households have purchased a tech device over the past week to help them adjust to the current reality.
COVID-19 has the potential of wreaking havoc on the technology supply chain. Now researchers have estimated a range of what that may look like. In one scenario, makers of smartphones, tablets, consumer robotics, smart speakers and wearables could see a shortfall of revenue up to $42 billion over the next nine months.
A new initiative to develop artificial intelligence tools is being launched by the Toyota Research Institute.
Using a smartphone to talk is back, at least for now. For the longest time, consumers have been migrating to texting and web surfing on their smartphones.
The market of connected things is taking at least a short-term hit due to COVID-19. Global smartphone shipments dropped 38% annually in the month of February.
Since its founding in 2015, Starsky Robotics raised more than $20 million to develop driverless trucks. But now the company has shut down.
There's a race between the Internet of Things and the hype around it. As with any emerging technological innovation, the hype typically comes before the market.
Autonomous car trials, especially those with backup drivers, are being impacted by COVID-19.
The coronavirus is taking its toll on the wearables market, at least from a growth perspective. The market is now projected to grow 9% this year, reaching 368 million devices shipped, according to the latest forecast.
Virtual and augmented reality live in a state of future potential. After cardboard VR viewers and failed consumer AR glasses, the technologies just aren't catching on.