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Latest Steve Koenig Stories

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2011-01-05 12:19:57

Organizers are forecasting that global gadget sales may top one trillion dollars this year as the Consumer Electronics Show opens this week. The Consumer Electronics Association (CEA) said on Tuesday that annual spending on mobile phones, computers, televisions and other items around the world is expected to rise 10 percent in 2011 to $964 billion. "We may very well hit the trillion mark," said Steve Koenig, director of industry analysis for CEA, organizer of the annual CES, which kicks off...

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2010-01-06 15:30:00

After experiencing a rare drop in sales last year, consumer electronics makers are hoping smartphones, e-readers, small laptop computers and other devices will help turn things around in 2010. The industry saw its revenue decline by two percent in 2009 to $681 billion, after posting a 14 percent growth in 2008. However, a 2010 forecast released by the Consumer Electronics Association (CEA) ahead of this year's Consumer Electronics Show (CES) in Las Vegas gave little reason for optimism that...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.