Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.
Tag: Factories and Manufacturing
U.S. Issues Final Rules to Keep Chip Funds Out of China
The rules, which aim to prevent chip makers from using new U.S. subsidies to benefit China, take into account the industry’s perspective.
Now the Koreas Are the Ones Supplying Weapons
Desperate for munitions for the war in Ukraine, the U.S. and Russia have turned to their allies in South and North Korea, which kept stockpiling arms for decades after their own conflict.
Russia Overcomes Sanctions to Expand Missile Production, Officials Say
Moscow’s missile production now exceeds prewar levels, officials say, leaving Ukraine especially vulnerable this coming winter.
A ‘River’ of Wine Flooded the Streets of a Town in Portugal
Two tanks holding nearly 600,000 gallons of wine collapsed at a distillery. No one was hurt in the ensuing flood.
As Ukraine Aid Benefits Their Districts, Some House Republicans Oppose It
The American push to fund Kyiv’s war effort has created big economic opportunities for Mesquite, Texas, and other cities around the country. Some of their G.O.P. congressmen want to end it.
Huawei Phone Is Latest Shot Fired in the U.S.-China Tech War
The release of a homegrown Chinese smartphone during a visit by the Biden official in charge of regulating such technology shows the U.S.-China tech conflict is alive and well.
Huawei Phone Is Latest Shot Fired in the U.S.-China Tech War
The release of a homegrown Chinese smartphone during a visit by the Biden official in charge of regulating such technology shows the U.S.-China tech conflict is alive and well.
China’s Economic Outlook: Pep Talks Up Top, Gloom on the Ground
Beijing has characterized concerns about the economic slowdown as being inflated by Western critics. Widespread anxiety and pessimism paint a different picture.
TSMC Will Build a Semiconductor Plant in Germany
TSMC, the world’s largest maker of semiconductors, said it would invest $3.8 billion in a joint project with three European industrial firms.