The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market. By 2026,…
supply chain
The US and Taiwan announce new Trade deal The US and Taiwan signed a trade deal under the US-Taiwan Initiative on 21st Century Trade, marking the first agreement under this…
Apple with Broadcom partner for US-made 5G technology Apple has struck a multibillion-dollar deal with Broadcom, a U.S. chipmaker, to collaborate on the development of 5G radio frequency components. The…
The world as you know it looks drastically different than it did only four years ago. Since 2020, numerous industries have changed operations to fit the pandemic and supply chain…
Foxconn to build $500 million factory in India Electronics manufacturer Foxconn has started construction on a new manufacturing site in India, with plans to invest $500 million in the facility…
The ongoing warehouse labor shortage is one of the biggest challenges facing the logistics industry today. Businesses must focus on mitigation efforts as demand surges and hiring rates struggle to…
What Chat GPT competitor Google’s Bard Can Do Google’s announcement of its new operating system for its in-house chatbot, Bard, at its recent developer conference. The new operating system, PaLM…
Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.…
Germany quell reports on banning chip chemicals to China A report from Bloomberg on Thursday suggested that the German government was considering restrictions on the chemicals in order to reduce…
EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…