Sunday, August 9, 2020

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Industry News
"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.
Manufacturers will continue to bring supply chains closer to home 8/4/2020
Before the start of 2020, a trend toward nearshoring to North America was emerging. Now, in the midst of the COVID-19 pandemic, we predict companies will not only continue this trend – they will also adjust their entire supply chains toward more geographically spread production.
Two NASA astronauts returned to Earth in SpaceX space capsule 8/4/2020
The return clears the way for another SpaceX crew launch as early as next month and possible tourist flights next year.
Kodak stock value returns to it's glorious days 8/4/2020
Kodak stockholders, who saw the value of their stock climb from about $2 per share to as high as $60. The list includes CEO Jim Continenza, who reportedly added a cool $79 million to his net worth.
U.S. consumer spending up 5.6% in June 8/3/2020
Consumer spending followed a seasonally adjusted 8.5% surge in May after spending had plunged the previous two months when the pandemic shuttered businesses, caused tens of millions of layoffs and sent the economy into a recession.
China marks completion of their own GPS navigation system 8/3/2020
As well as being a navigation aid with an extremely high degree of accuracy, the system offers short message communication of up to 1,200 Chinese characters and the ability to transmit images.
Wages and benefits for U.S. workers rose at the slowest pace in three years 8/3/2020
Pay and benefits increased 0.5% in the second quarter, according to the government's Employment Cost Index, released Friday. That is down from 0.8% in the first three months of the year. Wages and salaries rose just 0.4%, while benefits jumped 0.8%.
China’s industrial output as well as export improved in July 8/3/2020
The monthly purchasing managers’ index issued by the Chinese statistics bureau and an industry group rose to 51.1 from June’s 50.9 on a 100-point scale.
U.S. energy usage plummeted to its lowest level since September,1989 7/31/2020
The drop was driven by less demand for coal that is burned for electricity and oil that’s refined into gasoline and jet fuel, the U.S. Energy Information Administration said.
Huawei has overtaken Samsung to become the world's biggest smartphone seller 7/31/2020
Huawei shipped 55.8 million devices in the second quarter of 2020. While the figure was down 5% compared with a year ago, it was a smaller decline than rival Samsung, which saw smartphone sales slide 30% to 53.7 million.
U.S. economy plunged by 32.9% 7/31/2020
The U.S. economy plunged by a record-shattering 32.9% annual rate last quarter, and the coronavirus pandemic is still cutting a path of destruction, forcing millions out of work and shuttering businesses.
3D Bio-printing forms KFC chicken nuggets 7/31/2020
The company recently announced plans to roll-out lab-grown chicken nuggets made by a 3D Bioprinting Solutions printer. The nuggets will be available this fall in Moscow.
Mobile App helps to bring early detection of Covid-19 7/30/2020
The new technology developed with support from the DST, will detect the possible infection in an asymptomatic individual to prioritise the conventional testing queue as well as carry out a risk assessment of an asymptomatic individual to become symptomatic and risk assessment of an asymptomatic individual for recovery.
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