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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 …