U.S. Department of Commerce to Expand Restrictions on Exports to Russia in Response to Chemical Weapons Poisoning
WASHINGTON – The Department of Commerce’s Bureau of Industry and Security (BIS) will expand export restrictions on Russia pursuant to a March 2, 2021 determination by the Secretary of State that the Government of Russia has used chemical or biological weapons in violation of international law or lethal chemical or biological weapons against its own nationals. […]
Reshoring: A Cost Reduction Strategy
By some estimates 2-3% of US companies are embracing reshoring each quarter and the trend is accelerating. The trend has been led by companies concerned about recent geopolitical disruptions threat to supply chain security, tariffs, and frustration with the many hidden costs of offshoring. Savvy OEM’s are realizing reshoring is actually a cost reduction opportunity. Here’s why.
Jabil Posts Second Quarter Results; Raises Outlook for Fiscal Year
Strong Secular Trends Driving Business to New Heights ST. PETERSBURG, Fla.– Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2021. “Our second quarter performance was outstanding,” said CEO Mark Mondello. “The combination of broad end-market strength, more favorable product mix, and excellent operational execution by the team allowed us […]
PC DRAM Contract Prices Projected to Undergo Remarkable 13-18% Increase QoQ in 2Q21 Owing to High Demand from End Products and Data Centers, Says TrendForce
At the moment, the DRAM market has formally entered a new cycle of rising prices, and 2Q21 will see larger QoQ price increases compared with 1Q21, according to TrendForce’s latest investigations. Looking ahead to 2Q21, shipments of various end products are expected to remain fairly strong. At the same time, clients in the data […]
American Innovation and Jobs Act Would Advance U.S. Leadership in Semiconductor Research, Says SIA
Bipartisan legislation would repeal a harmful tax provision that would make it more expensive for companies to perform R&D in the U.S. WASHINGTON—The Semiconductor Industry Association (SIA) today released the following statement from president and CEO John Neuffer in support of introduction of the American Innovation and Jobs Act (S.749), bipartisan legislation that would would promote […]