US Treasury Secretary Janet Yellen urges India to adopt the "friendshoring" strategy for diversified supply chains and enhance US-India tech ties, to handle tech supply chain more efficiently.
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Finnish company Salcomp plans to more than double its India workforce to 25,000 over the next two to three years, while also building housing arrangements and education for about 15,000 people.
Singapore aims to win its "fair share" of semiconductor investments amidst growing trade tensions between China and the United States, focusing on semiconductor assembly and design.
Following disappointing pre-order figures for its expensive PlayStation VR2 headset, Sony has reportedly cut initial shipment forecasts by almost 50%. The new hardware costs more than a PS5.
Apple will require its suppliers to report on the steps they're taking to become carbon-neutral in the production of Apple products. It wants them to become carbon-neutral by 2030.
Apple is attempting to begin producing MacBook and Apple Watch devices in Vietnam. It will help the company reduce reliance on China, but it still has to overcome some challenges first.
In light of growing tensions between the U.S., China, and Taiwan due to U.S. representative Nancy Pelosi's visit to Taipei, Apple has urged suppliers to be more cautious when labeling cargo.
Tesla has quietly raised the prices of some of its vehicles by thousands of dollars. The new prices should discourage some buyers as it deals with higher costs linked to supply chain issues.
Cybersecurity, financial, and tech firms are responding to President Biden's Cybersecurity Executive Order. For this, the Linux Foundation is providing the collective, and neutral forum, OpenSSF.
SPDX is the second Linux Foundation standard to receive ISO designation to manage supply chain security. It has also been employed by tech companies like Intel, Microsoft, and Sony for over ten years.
Google has announced a multi-year $10 billion investment in improving the cybersecurity practices across the United States - especially in supply chain - following a meeting with President Joe Biden.
Yet another report has cropped up suggesting a delayed launch of Apple's 2020 iPhone lineup. Broadcom expects stalled and smaller Q3 revenues due to what appears to be the delayed iPhone launch.
According to a new report, Apple has reduced its request for shipments from suppliers in the past few weeks, which supposedly explains the fall in share prices for those companies.
Microsoft is ramping up the production of the Band in a big way and will now sell the device at several new retailers in the US - and the company also said that it has fixed its supply chain issues.
Apple's bigger version of its popular tablet has seemingly been delayed until later in the year thanks to issues with the supply chain. The larger device was supposed to reinvigorate the tablet market