Exclusive: Synopsys has stopped all sales to China following the latest US export restrictions, according to an internal memo obtained by Reuters. This decision underscores the rising tech rivalry between Washington and Beijing
Browsing: supply chain
The US has rolled out fresh restrictions on shipments of chip design software, advanced chemicals, and other vital technologies to China, seeking to slow down Beijing’s booming semiconductor industry amid escalating geopolitical tensions, Reuters reports
Brazil took center stage at NYSCC Suppliers’ Day, proudly displaying its leadership in the cosmetic ingredients arena. The event was a vibrant showcase of cutting-edge sustainable solutions and an impressive array of botanical extracts. This gathering underscored Brazil’s dedication to elevating beauty standards on a global scale.
CNBC’s “Inside India” newsletter delves into the intriguing dynamics of the Make-in-India initiative. It reveals that although U.S. tariffs on China could open doors for India, a host of structural challenges and fierce competition from other countries might stand in the way of assured success.
As Canada’s auto sector navigates a shifting landscape with its biggest customer exploring new markets, industry experts are rallying behind an ambitious plan. This strategy focuses on revitalizing domestic production, boosting investments in electric vehicles, and enhancing workforce training to ensure a thriving and sustainable future for the industry.
Germany is feeling a spark of cautious optimism as it appears that its distribution market may have finally reached the bottom after a tumultuous period filled with soaring energy costs and supply chain challenges. Industry leaders are looking ahead with hope, anticipating a rebound as demand steadies and vital reforms take shape
In a dramatic move to combat skyrocketing rice prices, Japan has started tapping into its emergency rice reserves, igniting a wave of public outrage over the rising cost of food. This bold decision by the government underscores mounting worries about inflation and the nation’s food security.
Thales, Radiall, and FoxConn are joining forces to explore an exciting opportunity: the establishment of a cutting-edge semiconductor assembly plant in France, as reported by Reuters. This ambitious initiative is set to enhance Europe’s semiconductor production capabilities at a time when global demand for advanced technologies is skyrocketing
India’s semiconductor industry is on the rise, driven by exciting government incentives designed to supercharge local manufacturing. Major players such as Intel and TSMC are setting their sights on investments, transforming India into a crucial player in the global semiconductor supply chain.
In its quest for profit, Apple tapped into China’s immense labor market and cutting-edge manufacturing prowess. Yet, this partnership sparked unease as China gained insights into advanced technology and sensitive data, raising alarms about potential threats to global security and economic stability.
Firms in Guangdong are breathing a sigh of relief following a recent ‘ceasefire’ in US-China trade tensions, sparking renewed optimism for stability. Yet, as geopolitical uncertainties linger, many are shifting their focus towards diversification strategies to safeguard against potential risks.
Amid rising trade tensions with the U.S., China is encouraging its exporters to explore new markets beyond their traditional boundaries. Although this shift to alternative regions appears simple on the surface, experts warn that navigating logistical hurdles and regulatory complexities could pose significant challenges for a seamless transition.
Nvidia has officially announced that it will not be dispatching GPU designs to China, especially in light of recent reports about a new operation in Shanghai. This bold move highlights the company’s dedication to protecting its cutting-edge technology as geopolitical tensions continue to escalate
Nissan is actively considering the possibility of closing plants in India, Japan, and various other locations as part of a bold global restructuring initiative. This strategic move is designed to streamline operations and boost competitiveness in response to declining demand and evolving market trends
Amazon Europe is on the brink of revolutionizing package delivery in France by harnessing the power of high-speed trains. This groundbreaking strategy not only aims to slash delivery times but also boosts efficiency and minimizes carbon emissions, ushering in a thrilling new chapter in logistics.
Walmart is gearing up to raise prices on certain items, a move driven by the rising tariffs on imported goods. This announcement serves as a cautionary note for consumers, hinting at potential inflation ahead. As the retail giant maneuvers through the choppy waters of ongoing trade tensions, shoppers may feel the pinch in their wallets.
India has officially greenlit an exciting joint venture between HCL Technologies and Foxconn to set up a cutting-edge semiconductor manufacturing unit. This dynamic collaboration is set to supercharge domestic semiconductor production, significantly elevating India’s standing in the global tech supply chain
As the trade war intensifies, its impact is being felt even at backyard grills nationwide. With tariffs on steel and aluminum pushing up the prices of grilling equipment and packaging, summer barbecues are becoming more expensive than ever as meat prices soar. Get ready to fire up those grills with a little extra caution this season!
Exciting news from Qatar Airways Cargo! They’ve just teamed up with Virgin Australia, unlocking a world of enhanced cargo capacity and seamless connectivity throughout Australia and beyond. This dynamic partnership is set to revolutionize logistics, opening up new trade opportunities that will benefit both businesses and consumers alike.