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The company cited sluggish demand for consumer devices.
But with the prospect of a sluggish demand for air travel, the strategy showed its limits.
Faced with sluggish demand for electric vehicles, auto companies have increasingly been forced to slash prices to stimulate demand.
In addition to concerns about sluggish demand for electronics, falling orders from telecommunications equipment makers are hurting sales.
Copper rose on speculation that a decline in interest rates would help revive sluggish demand for metals.
Sluggish demand for products in the autumn and early holiday catalogs hurt sales, forcing price markdowns and more advertising.
Similar(13)
However, inside China it feels as though sluggish demand from the eurozone, rather than a homegrown problem, is to blame for the deterioration in the economic weather.
Other makers of alcoholic beverages have been seeking to increase earnings abroad to make up for sluggish demand at home.
Producer prices fell unexpectedly in April as food costs showed the biggest decline in almost three decades and sluggish demand made it harder for companies to charge more, the government reported today.
Sluggish demand abroad has diminished the appetite for American exports and choked off another potential avenue for growth.
Diverse and new sources of supply, superior competitors (notably natural gas), and sluggish demand despite booming economies spell trouble for oilmen.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com