Uncategorized – Page 37

Pentagon Pressures Taiwan Semi to Produce Chips In U.S.

January 16, 2020 by Jonathan Custer

Taiwan Semiconductor Manufacturing Co. is being pressured by the Pentagon to produce its military-use chips in the U.S., in order to ensure the potential of Chinese interference. TSMC makes computer chips for the American F-35 fighter jets and serves as a key supplier to Apple as well as Chinese telecommunications giant Huawei Technologies. “The …

North American Freight Volume Posts Sharpest Drop Since Great Recession

January 16, 2020 by Jonathan Custer

December freight volumes posted their sharpest year-over-year decline since the Great Recession. The Cass Freight Index, a measure of freight volumes and expenditures, accelerated its decline due to high inventories and a manufacturing downturn. Stifel analyst Dave Ross doesn’t expect a rebound in 2020: “The tariff relief from the phase-one deal seems to be just …

Electronics Rush To Auto Continues – LG And Cerence Sign MOU

January 15, 2020 by Jonathan Custer

Last week we posted the video, Sony Builds A Car. The trend continues with traditional consumer tech companies desperate to get into the automobile industry. LG and Cerence Inc. – which recently spun off from Nuance Communications – have signed a memorandum of understanding to develop a new software solution that integrates LG’s webOS Auto …