Latest Computer hardware manufacturing News
Japan exports slow as supply chain hiccups hit factories
Japan’s exports rose 26% in August from a year earlier, preliminary data released Thursday showed, below analysts’ forecasts, as supply chain disruptions hit manufacturers. The 6.6 trillion yen ($60 billion) in exports compared with 5.2 trillion yen a year earlier,...
Fed survey finds growth 'downshifted' in summer due to COVID
WASHINGTON (AP) — U.S. economic activity “downshifted” in July and August due to rising concerns about COVID's delta variant, as well as supply chain problems and labor shortages, the Federal Reserve’s latest survey of the nation's business conditions revealed. ...
Ford hires exec formerly in charge of Apple's car project
NEW YORK (AP) — Ford Motor Co. has hired a former executive from Apple and Tesla to be the company's head of advanced technology and new embedded systems, a critical post as the auto industry moves to adopt vehicles powered by electricity and guided by computers. Before...
Lee freed on parole, showing Samsung's might in South Korea
SEOUL, South Korea (AP) — Samsung leader Lee Jae-yong walked out of prison Friday a year early in a parole decision demonstrating the conglomerate's outsized influence in South Korea as well as continuing leniency for bosses who commit corporate corruption. Wearing a...
Tenn. Nissan plant to close for 2 weeks due to chip shortage
DETROIT (AP) — Nissan says its huge factory in Smyrna, Tennessee, will close for two weeks starting Monday due to computer chip shortages brought on by a coronavirus outbreak in Malaysia. The shutdown is among the longest at any U.S. auto plant of this size since the...
Without 'right to repair,' businesses lose time and money
As software and other technologies get infused in more and more products, manufacturers are increasingly making those products difficult to repair, potentially costing business owners time and money. Makers of products ranging from smartphones to farm equipment can...
South Korea to release Samsung scion on parole
SEOUL, South Korea (AP) — South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president. ...
Apple to scan U.S. iPhones for images of child sexual abuse
Apple unveiled plans to scan U.S. iPhones for images of child sexual abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be misused, including by governments looking to surveil their citizens. The...
South Carolina's back-to-school sales tax holiday underway
COLUMBIA, S.C. (AP) — South Carolina's annual weekend where the state doesn't charge sales tax on back-to-school items is underway. The sales tax holiday started Friday and runs through Sunday. Shoppers don't have to pay South Carolina's 6% sales...
GM posts $2.8B profit, but cautious tone sinks share price
DETROIT (AP) — General Motors posted a healthy $2.8 billion second-quarter profit Wednesday, but its cautious outlook for the rest of the year spooked investors. The Detroit automaker made the strong profit despite a global shortage of computer chips that have forced...
