Electric vehicles, light commercial vehicles and trucks as well as sourcing supplies locally are the key components of Nissan’s strategy in China, the world’s biggest auto market. On Monday, with the aim of placing itself within the top 3 automakers… Read More ›
supply chain
Apple secures key supplier for Augmented Reality laser chips
In a strategic move Apple has moved quickly to secure its position in the global supply chain of VCSEL chips, blocking off rivals such as Samsung Electronics Co Ltd, Huawei Technologies. Apple Inc’s $390 million deal with Finisar Corp, a… Read More ›
CIPS survey reveals British firms struggling to secure orders from EU suppliers post March 2019
Following the Brexit referendum, with the dramatic fall of the pound was interpreted as being good for the economy by the Pro-Brexit interest groups, the results of a survey conducted by the Chartered Institute of Procurement and Supply (CIPS), are… Read More ›
Post Brexit custom checks could cost Britain north of $5.28 billion
A report prepared by the Institute underscores the needs for stability for British businesses and highlights potential pitfalls. As per the report of a think tank that was released on Monday, the introduction of post-Brexit customs checks could cost traders… Read More ›
Apple to design its chips in-house
This development is a major milestone for Apple. Not only will it streamline its supply chain it will also help shore up its profitability. In a strategic development, Apple Inc’s decision to stop licensing graphics chips from Imagination Technologies Group… Read More ›
High stakes battle for Wal-Mart in the U.S. groceries market
With Germany-based Aldi quickly gaining market share in the highly competitive U.S. groceries market, Wal-Mart, the pioneer and king of low prices is feeling threatened and has high stakes in this price war. According to sources familiar with Wal-Mart Stores… Read More ›
L’Oreal expands its investments in tech startups
This investment of several million euros by L’Oreal is alongside several companies including Cisco, Nokia and Accenture marks the French giant’s embrace of digital technology which not only caters to beauty products but also educates consumers in the process. French… Read More ›