The United States government is getting anxious about its reliance on Taiwan for chip production. The country's chip industry is plagued by a lack of domestic manufacturing capabilities, leaving it vulnerable to supply chain disruptions and geopolitical tensions. Intel, the leading US-based chipmake
The American Chamber of Commerce in Shanghai has published a report revealing that US companies in China are experiencing record-low profits, with a staggering 66% of 306 polled companies reporting profitability in 2023. This figure is a stark contrast to the 80% reported in 2020, indicating a signi
Amazon's quest to stay ahead of the competition has led them to launch a new section on their site dedicated to low-priced fashion and lifestyle items. This move is aimed at countering the growing influence of Chinese e-commerce upstarts Temu and Shein, which have been luring American shoppers with
As the world holds its breath for the U.S. presidential debate, Asian markets are reeling from key economic data. In South Korea, unemployment plummeted to a historic low of 2.4%, a feat not seen since 1999. But in Japan, business confidence among manufacturers took a seven-month hit, according
Eli Lilly, the pharmaceutical giant known for its diabetes and weight-loss drugs, has made a bold move by appointing insider Lucas Montarce as their new chief financial officer. This comes months after former CFO Anat Ashkenazi left to join Google parent Alphabet. Montarce brings over two decades of
The Snapdragon 8 Gen 5 is rumored to be taking a dual-sourcing approach, using both TSMC's N3P and Samsung's SF2 processes. Qualcomm, facing a hefty $240 price tag for the Snapdragon 8 Gen 4 due to its sole reliance on TSMC, seems eager to diversify its manufacturing partners. Qualcomm is reported
Typhoon Yagi has left a trail of destruction in its wake, claiming the lives of 59 people and causing widespread devastation in northern Vietnam. The storm's powerful winds and heavy rainfall triggered landslides and flash floods, resulting in 44 deaths. The death toll had initially been reported as
Nvidia's recent quarterly results brought both good news and disappointment for investors. While revenue and earnings exceeded guidance, the company's fiscal Q3 outlook fell short of expectations due to the delay in its next-generation AI accelerator chip, Blackwell. Nvidia management clarified tha
Looking for love on dating apps? Be warned, some careers might make it harder to find that special someone. Think long shifts, unpredictable schedules, and maybe even a dash of sleep deprivation. A recent survey revealed some jobs that are less than appealing to potential partners. Could your ca
The US is flexing its tech muscle with new export controls targeting advanced technologies like quantum computing, semiconductor manufacturing equipment, and even fancy 3D printing for metal parts. Think of it like this: the US is saying, 'Hey, world, these super-powered technologies are too precio
