Walmart opens 1M-square-foot Sam’s Club distribution center in Florida
The Jacksonville site will serve 25 Sam’s Club locations and also store imported goods destined for other facilities.
Tariffs could spike costs for domestic automakers by $108B
A new report estimates that higher import duties on automotive parts will impact nearly all of the 17.7 million vehicles…
Alibaba rolls out latest flagship AI model in post-DeepSeek race
Alibaba Group Holding Ltd. took the wraps off a new version of its flagship Qwen AI model, sustaining the breakneck…
Xiaomi’s ‘Xring’ chip reportedly set for late May release, taking aim at Snapdragon’s crown
Xiaomi is expected to launch its in-house smartphone SoC in 2025, with the latest reports pointing to a potential debut…
Cadence reports strong 1Q25, raises full-year outlook
On April 28, Cadence reported robust first-quarter 2025 results, with revenue up 23% year-over-year to US$1.24 billion, driven by strong…
Samsung to invest US$117 million in Indian home appliance plant after labor unrest
The Indian government recently announced that Samsung Electronics will invest approximately US$110 million in its home appliance production line at…
IBM plans to invest US$150 billion in US over next five years
International Business Machines Corp. plans to invest US$150 billion in the US over the next five years, joining a cohort…
Trump’s tariff twists: Can supply chains weather the uncertainty?
In early April, US President Donald Trump floated the idea of reciprocal tariffs, ramping up import duties on Chinese goods…
Mature chip processes most vulnerable in Trump’s tariff storm
Taiwan’s semiconductor industry has temporarily escaped US President Donald Trump’s sweeping tariff measures announced earlier this month, but industry insiders…
Apple supplier sees no tariff cost-sharing talks, expects tough 2025
Radiant Optoelectronics, a key backlight module supplier for Apple notebooks and tablets, reports that customers have remained calm about tariffs…