Taiwan’s Foxconn is slowly checking into iPhone detox

HONG KONG, Dec 1 (Reuters Breakingviews) – Covid-19 lockdowns and protests across China have highlighted the risks of the mutual dependence between Taiwan’s Foxconn and its top customer Apple (AAPL.O). Even before the recent supply chain disruptions and violent protests that disrupted production in the People’s Republic, the Cupertino giant has been hedging its exposure … Read more

Analysis: Apple supply chain data shows receding exposure to China as risks mount

SHANGHAI, Nov 30 (Reuters) – Apple Inc’s (AAPL.O) wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows. With the world’s biggest iPhone factory, operated in central China by Foxconn (2317.TW), battling production shortfalls and labor unrest spurred largely … Read more

Genetic Analysis AS enters into an agreement with Hausen Bernstein Co. Ltd. to launch GA-map technology in Thailand

OSLO, NORWAY – November 30, 2022: Molecular diagnostics specialist, Genetic Analysis AS (“GA”) has entered a tech transfer and distribution agreement with Hausen Amber Co.Ltd. (“HB”), a Bangkok-based fast-growing medical technology company with a diagnostic laboratory facility in Bangkok and a distribution business of diagnostic products in Thailand. HB will launch the GA-map® Dysbiosis Test … Read more

Opinion: More risk doesn’t always mean greater reward. Just look at these imploded tech stocks.

Academic critics have long argued that US companies need to make more “creative-destruction” investments that boost productivity by replacing existing processes with very different and more efficient ones. Instead, US companies too often think small, looking for ways to cut costs and settling for safe investments that increase productivity modestly. A 2020 Harvard Business Review … Read more

Investing: Active or Passive?

The merits of active and passive investment have been debated for years, an average of 35 per cent of active equity funds outperformed their passive peer in the 12 months to June this year, according to Morningstar’s Active/Passive Barometer, which tracks the performance of 30,000 Europe-domiciled funds running €7tn (£6tn) in assets. Active and Passive: … Read more

‘IBM India targeting a diverse hiring growth plan,’ MD Sandip Patel says

Edited excerpts What’s your outlook for the global IT sector for the coming year? As most businesses are dealing with everything from inflation to demographic shifts, from supply chain bottlenecks to sustainability efforts, many are taking a strategic approach to IT adoption and prioritizing solutions and approaches that drive innovation, productivity, resilience, and scale. Business … Read more

China widens COVID curbs, Apple factory unrest adds to economy worries

COVID restrictions increase as case rise Unrest at iPhone factory adds to concerns about economy, underscores frustrations Analysts warn of potential for wider lockdowns BEIJING, Nov 23 (Reuters) – Chinese cities imposed more curbs on Wednesday to rein in rising coronavirus cases, adding to investor worries about the economy as fresh unrest at the world’s … Read more

Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 mln

FTX unit bought 7 condos in high-end resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 mln vacation home Bankman and Fried tell Reuters: Seeking to return deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 … Read more

Nomad Goods Review: Your Go-To for Tech Accessories – SI Showcase

The Arena Media Brands, LLC and its partners may receive compensation for links to products and services on this website. The Sports Illustrated editorial team is not involved in the creation of this content. Nomad Goods has quietly and quickly become one of the more notable tech accessory companies. The brand’s attention to detail and … Read more