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| Apple to hit 2 Trillion capital value |
8/20/2020 |
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The company's hugely loyal customer base trusts its products so much that they continued to buy iPhones and other devices online while stuck at home. Apple recently reported blowout earnings for the April-June quarter,
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| U.S. futher tighten restrictions on Huawei |
8/19/2020 |
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The US Commerce Department on Monday announced fresh sanctions that restrict any foreign semiconductor company from selling chips developed or produced using US software or technology to Huawei, without first obtaining a license to do so.
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| Smartphone can tell if you were drunk |
8/19/2020 |
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About 90 percent of the time, the researchers were able to use changes in gait to identify when participants' breath alcohol concentration exceeded .08 percent, the legal limit for driving in the United States.
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| Pandemic drive HomeDepot business up |
8/19/2020 |
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At Home Depot stores open at least a year, sales surged an remarkable 25% in the U.S. during the second quarter, the Atlanta company reported.
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| U.S. productivity rose at a 7.3% rate record |
8/17/2020 |
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The Labor Department report Friday is its first estimate of second-quarter productivity and follows the first quarter’s 0.3% decline. Labor costs rose again in the second quarter after rising at a 9.8% rate in the January-March quarter. It's the biggest jump in labor costs since 2014.
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| Foxconn has not fulfilled its promise to the University of Wisconsin |
8/17/2020 |
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In August 2018, Foxconn committed $100 million to the university to help fund an engineering building and for company-related research. It gave the school $700,000 in the first year of a 5-year agreement and records show the school has received no additional money over the past year.
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| Mazda Toyota Manufacturing to create 4,000 new jobs in Alabama |
8/17/2020 |
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Gov. Kay Ivey said in a news release that the investment in the new auto facility is now $2.3 billion, up from the $1.6 billion originally announced in 2018. The additional money will be used to incorporate cutting edge manufacturing technologies into production lines and training for the 4,000 workers
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| AI chip market to reach $12.2bn by 2025 |
8/14/2020 |
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Growth in the edge AI chipset market will be driven by increasing demands for low latency and data privacy plus the availability of low-cost ultra-low-power chips designed specifically for this application.
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| Foxconn see global trend toward a G2 is inevitable |
8/14/2020 |
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“The forming of two sets of supply chains in the world is an inevitable trend in the coming future,” said Liu, adding: “there will be no country to fully replace China as the global manufacturing powerhouse.”
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| Samsung moves into 3DIC packaging |
8/14/2020 |
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Samsung Electronics on Thursday announced it has begun mass-producing logic chips on 3D packaging technology on 7-nanometer to better meet high-performance and multi-tasking on 5G, AI and other smart computing applications.
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| Tesla plans 5 to 1 stock split |
8/13/2020 |
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The five-for-one stock split announced Tuesday won't change how much Tesla's business is worth, but will automatically reduce the price of its shares by 80% when it's completed on Aug. 31.
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| Toshiba exits PC business |
8/13/2020 |
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Recently, Toshiba announced that it transferred the last of its shares of its laptop business, now called Dynabook, to Sharp Corporation.
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| U.S. wholesale prices shot up an unexpected 0.6% |
8/12/2020 |
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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.
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