Launch Costs Hit Sonova's Profit, as It Bets on New Product With AI Tech
- Posted on November 19, 2024
- By Google News
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Launch Costs Hit Sonova's Profit, as It Bets on New Product With AI Tech
By Amir Orusov and Anastasiia Kozlova (Reuters) - Sonova reported half-year core profit below market expectations on Tuesday, hit by costs related to the launch of its new AI-boosted hearing device which it is betting on to regain market share. The world's largest maker of hearing aids reaffirmed its ...