A US-led effort to gradually disconnect trade ties with China, rising costs, and a broader understanding of the need to diversify production is driving manufacturers to invest in alternative locations.
Declines in foreign direct investment in China bolster the thesis that global companies are turning away from the world’s most-important production hub, continuing the trend of decoupling that has policymakers and corporate leaders looking for alternative manufacturing bases. The truth of the nation’s deteriorating importance isn’t so simple.
A splintering of global supply chains, driven by both political and business considerations, has hundreds of manufacturers and logistics providers debating where to go next. They’d be well advised to take their cues from two Taiwanese companies who’ve led the charge.
A major change in automobile manufacturing could pave the way for a revolution in how cars are bought, fixed and resold. Gigacasting, which reduces the number of car panels, has the potential to lower prices but can complicate repairs and transfer costs to owners.
Share debuts among technology companies haven’t inspired confidence this year, with two of the largest offerings sliding below their listing prices within the first week. The next big deal may reignite interest in IPOs because of a unique set of traits.
A global surge in demand and subsequent shortage of key industrial components has turned companies like Nvidia Corp., Taiwan Semiconductor Manufacturing Co. and ASML Holding NV into hugely influential names.
Surging interest in artificial intelligence systems will add further strain to global electricity grids with the potential to rival the massive energy consumption of Bitcoin. Thankfully, the premier cryptocurrency has shown us a way to mitigate the impact.
The Japanese factory automation and robot maker last month lowered its full-year operating income forecast by 24% because of a sharp slowdown in China and high inventories that could linger into next year. Its shares were quickly dumped and have continued to slide.
Longtime Japan watchers could be forgiven for getting a bad feeling upon learning that a government-backed fund is shelling out $6 billion to take control of a domestic technology company.
As Microsoft Corp., Alphabet Inc., and — now — Amazon.com Inc. blaze ahead in the race to deploy advanced chatbots like ChatGPT, one rival remains nowhere to be seen. Apple Inc. may be biding its time for the technology to mature...
Artificial intelligence systems help us write essays, produce album art and translate languages. But the bigger impact from these technologies could be a shakeup of the entire software ecosystem, as a developers start to build their products around AI platforms instead of operating systems.
Chips shares took a beating last year.
It may indeed be the case that TSMC’s $40 billion spending bill is the largest foreign direct investment, but that’s still not enough to ensure the US builds itself a self-sufficient semiconductor industry.
Twitter Inc. is set to charge users $8 per month for the privilege of having the blue-tick honorific put on their account.
Microsoft Corp. reported 35% growth in cloud services. Alphabet Inc.’s own cloud unit beat estimates and narrowed its losses. Yet both stocks slumped.
US politicians, business leaders and think-tank analysts seem to believe that locally made chips will fortify the nation’s technology supply chain at a time when global tensions are running hot.
With Elon Musk on the verge of taking over Twitter Inc. comes news that he plans to gut its workforce, with cuts of up to 75%. That should be a worry not only to the platform’s staff and users, but for those who care about the flow of information crucial to well-functioning democracies.
The latest raft of technology earnings is starting to show a clear divide between areas that may continue to grow and those that will most certainly suffer at the hands of a global economic slowdown.
