Burlington purchases 2 distribution centers
The retailer acquired properties it previously leased in Georgia and California in a push to own its most productive supply…
China targets U.S. defense manufacturers with import restrictions
The move is part of China’s escalating retaliatory actions after the Trump administration ordered a 34% tariff against the country.
APM Terminals acquires Panama Canal Railway from CPKC
The acquisition will not impact operations for the Panama-based railroad, per a spokesperson.
Samsung logs profit beat with boost from Galaxy smartphones
Samsung Electronics Co.’s quarterly profit beat expectations after strong demand for its Galaxy S25 smartphones and legacy DRAM outpaced slipping…
US tariffs force Foxconn pivot toward India, Vietnam for non-China, non-US markets
The global electronics industry is bracing for significant disruption after implementing new baseline and reciprocal tariffs announced on April 2.…
Xiaomi SU7 fatal crash exposes risks amid China’s fast-tracking of autonomous driving
On March 29, a Xiaomi SU7 operating in Navigate on Autopilot (NOA) mode crashed on a highway in Anhui Province,…
MSScorps expands global presence with new SAC-TEM center, eyes AI and SiPh growth
MSScorps marked a significant milestone with a beam-raising ceremony for its SAC-TEM Center on April 2, signaling its commitment to…
Price slashing: An inescapable peril for China’s auto industry
Although China’s automobile industry has overtaken its competitors on the global stage, the industry itself is suffering from ever-increasing internal…
Alibaba races to secure Nvidia H20 chips for Apple as US ban looms
Nvidia’s H20 chip—originally designed for the Chinese market to comply with US export rules—has unexpectedly surged in demand. A spike…
Taiwan stock market plummets: Trump’s tariffs shake TSMC and investor confidence
On April 2, 2025, US President Donald Trump unveiled his reciprocal tariff policy, sparking a global stock market rout. Taiwan’s…