Word: consumerized
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There is a shortage of consumer goods as a result of strict import quotas, made necessary by declining oil revenues. Many factories are running at 40% or less of capacity because of a shortage of imported raw materials. Oil revenues are likely to be as low as $12 billion this...
Farmers, who are not benefiting from the higher consumer prices, are increasingly frustrated and angry. To advertise his plight, Gary Seidenberger, 42, of St. Lawrence, Texas, used a harvesting machine to carve a series of pathways through his wheatfield that formed the shapes of letters. The field then contained the...
But Clifford can't rest on his laurels. While Symbian has excelled in the market for business users, it has not done as well with consumer phones, notes Ovum analyst Tony Cripps in London. And Microsoft is gaining ground, according to Nomura security analyst Richard Windsor, who predicts 25.8 million...
Like most big western companies, the British home-electronics retailer Dixons Group has closely tracked the rise of Russia's consumer market over the past few years, agonizing over when and how to jump in. In April the company finally took the plunge, announcing a $1.9 billion deal to acquire...
Hyundai has rapidly built up regard for its products through an almost fanatical attention to getting it right. Consumer Reports magazine recently named the Sonata the most reliable car in the U.S. And Hyundai placed a solid third among nonluxury brands in J.D. Power & Associates' 2005 survey of initial-car...