Chip Demand Falls Sharply
The semi-conductor chip shortage is easing, according to Hyundai, ABB, and Swedish refrigerator giant Electrolux. This is encouraging for manufacturers following a protracted search for parts.
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Chip Companies Cool Down
The semiconductor industry is used to cycles of booms and bust. As such, after a chip shortage that affected manufacturers at a global scale, the chip industry is now anticipating a challenging third-quarter earnings season.
Anything But China?
A new trend is emerging among Western tech companies: "Anything But China" (ABC). What began as a cautious diversification strategy has now become a full-blown shift, as businesses scramble to reduce their dependence on Chinese suppliers.
Europe's Trade Trap
On November 14, 2024, Chinese President Xi Jinping and Peruvian President Dina Boluarte inaugurated the Chancay Port—a $3.5 billion megaport in which COSCO Shipping holds a 60% stake.
U.S. Technology Dominance
As the United States strengthens its grip over the technologies the world increasingly relies on—most critically, advanced semiconductors—other countries find themselves in a position of dependence that threatens their sovereignty.