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CES tech gala looks to shake off economic gloom

CES tech gala looks to shake off economic gloom

13 Sept 08:37 Key points summarised by AI
  • CES 2023 convenes with the tech industry seeking to leverage innovation, particularly in enterprise solutions like robotics and automated vehicles, to counter global economic downturns and inflation.
  • The trade show highlights a shift beyond traditional consumer gadgets, emphasizing electric vehicles (EVs), embedded AI, and sustainability innovations, partly driven by new policies like the US Inflation Reduction Act.
  • Despite a backdrop of high inflation, supply chain issues, and company layoffs, the tech sector anticipates its revenues will remain robust, exceeding pre-pandemic levels, even with a projected dip in consumer electronics spending.
  • Key exhibitors like Samsung and LG unveiled advanced AI-integrated appliances and wire-free TVs, while Meta and Google showcased their latest VR and smart home technologies, marking a significant return to in-person displays.
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