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Wednesday, August 12, 2020

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U.S. wholesale prices shot up an unexpected 0.6% 8/12/2020
Wholesale energy prices shot up 5.3% in July, including a 10.1% surge in gasoline prices. Food prices slid 0.5%. Excluding the volatile food and energy prices, so-called core producer prices rose 0.5% last month.
California court ruled that Uber and Lyft drivers are indeed company employees 8/12/2020
This shift would guarantee benefits like overtime, sick leave and expense reimbursement for workers who make up much of the freewheeling gig economy.
The Pentagon allocates airwaves in the U.S. for military 5G usage 8/12/2020
The Trump administration announced Monday that it has identified radio spectrum used for radar defense systems that can be shared with commercial telecommunications providers without compromising national security.
A Chinese conpany sued Apple for voice recognition infringement 8/12/2020
Xiao-i — originally sued the iPhone maker over its virtual assistant in 2012. Xiao-i asserted that it applied for a patent on its own voice recognition technology in 2004 and received the patent in 2009
Micron sees blooming market demand for a certain tech products in Malaysia 8/11/2020
Demand for semiconductors components in the E&E sector would continue to rise in the future alongside the emergence of the 5G network nationwide. "As businesses in Malaysia are going through digital transformation, they would need these products now more than ever."
Huawei to end production of Kirin chipsets due to U.S. restrictions 8/11/2020
The US has barred any fab which uses US manufacturing equipment from making chips for Huawei’s chip subsidiary HiSilicon.
It's our turn to keep U.S technology and innovations from going to China 8/11/2020
Restrictions have helped nurture homegrown tech giants that in recent years have started expanding, and even dominating, outside China. Now the U.S. and other countries are putting their own limits on China.
When face mask render iPhone face unlock feature useless 8/11/2020
Apple's iOS 13.5, released in May, automatically presents the passcode field after a user swipes up from the bottom of the lock screen. Also, Apple Pay Express Transit, introduced last year, allows riders on some bus and subway lines to pay with their iPhone or Apple Watch without having to wake the device.
U.N. reported sharp increase in cyber crime since the pandemic 8/10/2020
A 350% increase in phishing websites was reported in the first quarter of the year, many targeting hospitals and health care systems.
Russia be the first to distribute vaccine to the public 8/10/2020
There’s no published scientific evidence yet backing Russia’s late entry to the global vaccine race, much less explaining why it should be considered a front-runner.
1.8 million job gain realized in July 8/10/2020
Many employers have been reluctant or unable to hire, with about two-thirds of the nation having paused or reversed reopening plans early last month. Even counting the hiring of the past three months, the economy has recovered only about 42% of the 22 million jobs it lost to the pandemic.
U.S. to reinstate a 10% import tax on Canadian aluminum 8/10/2020
Trump originally imposed the tariffs on aluminum imports in 2018. He then lifted them last year on Canadian and Mexican metals to smooth the way for the US-Mexico-Canada Agreement, which replaced the North American Free
"work/learn-from-home" drives tablet sale to record 8/7/2020
Tablets have evolved from the simple entertainment slate of the boom years into devices more capable of handling work and school tasks, which has broadened the choices consumers and commercial clients face when upgrading or buying new devices for the new normal.
Tariffs on Chinese imports could very well impact the average consumer in America 8/7/2020
Currently, the global supply chain runs through China, and some claim that China has “weaponized” its dominance. Perhaps this trade tension will weaken China’s dominance in global manufacturing. It will certainly be interesting to see if this conflict will result in a shift in power and influence global manufacturing.
The latest Galaxy phones to cost $1,000 to $1,300 8/7/2020
Samsung is touting the fancy phones, called the Galaxy Note20 and the Note20 Ultra, at a time that Apple is enjoying success with a $399 iPhone released in April. Google is also rolling out a $349 Pixel phone that has many of the same features as its more expensive model.
Garmin reported paid millions of ransom to hackers 8/7/2020
Unfortunately for Garmin, a recent data breach compromised its entire operation when an alleged cyber attack knocked many of its services and systems offline. And recent reports suggest that it may have been even more nefarious than we realized, saying that Garmin was forced to pay a multi-million-dollar ransom to get its files back.
Virgin Atlantic files for protection in U.S. bankruptcy court 8/6/2020
The bankruptcy filing is part of a court process in the United Kingdom to carry out a restructuring plan that the airline announced last month. The process is supported by a majority of the airline's creditors, and the company hopes to emerge from the process in September.
U.S. trade deficit fell 7.5% in June 8/6/2020
The Commerce Department said Wednesday that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May. Exports shot up an unprecedented 9.4% to $158.3 billion. Imports rose 4.7% to $208.9 billion.
Analyst predicts memory market to slow down due to material shortage 8/6/2020
DRAM shipment growth is projected to be flat q-q. Of note, hyperscalers’ data center investment concentrated on 1H20 due to a surge in non-face-to-face traffic amid the Covid-19 crisis. Therefore, as memory inventory levels at hyperscalers will likely exceed the appropriate amounts in 2H20, data center investment is expected to decline h-h.
Soon will be 1,000 satellites launched per year 8/6/2020
In the coming decade, the smallsat market growth will be dominated by communication satellites with nearly 5,700 units forecasted for launch.
US PMI notching a third consecutive month of economic growth 8/5/2020
The July PMI registered 54.2 percent, up 1.6 percentage points from the June reading of 52.6 percent. This figure indicates expansion in the overall economy for the third month in a row after a contraction in April, which ended a period of 131 consecutive months of growth.
Semiconductor sales rose 5.1% year-on-year in June 8/5/2020
SIA said sales during the second quarter of 2020 were US$103.6 billion, an increase of 5.1% over the second quarter of 2019, but a small decrease of 0.9% compared to the first quarter of 2020.
SMIC and Beijing government forms $5 billion JV to advance semiconductor manufacturing 8/5/2020
The JV fab is designed for production capacity of 100,000 12-inch wafers monthly when the first phase of its establishment completes.
Samsung denies interest in buying a small stake in ARM 8/5/2020
Samsung said the report was “groundless”.
Amazon received government approval to put more than 3,200 satellites into orbit 8/4/2020
Amazon said the satellites could provide internet to parts of the world that don't have it. It could also become a new business for Amazon, selling internet service to people or companies.
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