supply chain News

Johnson & Johnson Faces $400 Million in Tariff Costs Due to China Trade War Impact

Johnson & Johnson expects to face $400 million in tariff costs this year, largely due to the trade war with China, affecting its medical technology units. CEO Joaquin Duato warns o...

Apple Shares Plummet 7% Amid New Tariffs, Highlighting Dependence on Chinese Manufacturing

Apple Inc. shares fell by 7% following the announcement of new tariffs by US President Donald Trump, highlighting the company's reliance on Chinese manufacturing. The tariffs could...

Apple Shares Plummet 7% Amid New Tariffs, Exposing Vulnerabilities in China-Dependent Supply Chain

Apple Inc. shares fell by 7% in premarket trading after new U.S. tariffs on Chinese imports were announced, threatening its heavily China-dependent supply chain. The stock dropped ...

Apple Shares Plummet 7% Amid New Tariffs: A Deep Dive into the Impact on China-Centric Production

Apple Inc. shares fell sharply by 7% following the announcement of new US tariffs affecting over 180 countries, with a significant impact expected on Apple's China-heavy supply cha...

Apple Shares Plummet 7% Amid New Tariffs: A Deep Dive into the Impact on China-Heavy Production

Apple Inc. shares fell by 7% following new US tariffs on over 180 countries, heavily impacting its China-centric supply chain. Despite diversification efforts, 90% of iPhones are m...

U.S. Tariffs Shake Global Supply Chains: South Korean Giants Like Samsung Face Unprecedented Challenges

U.S. tariffs on Vietnam, China, and India are disrupting South Korean companies' supply chains, especially affecting giants like Samsung Electronics in the smartphone sector. The a...

Apple Shares Plummet 7% Amid New Tariffs: China-Heavy Production in the Crosshairs

Apple Inc. shares fell sharply by 7% following new US tariffs on over 180 countries, heavily impacting its China-centric supply chain. With 90% of iPhones assembled in China, the a...

US Tariffs Threaten Indian Pharma: A Deep Dive into the Looming Crisis and Its Global Impact

The Indian pharmaceutical industry faces uncertainty as potential US tariffs threaten to raise drug prices, disrupt supply chains, and impact exporters. With $9 billion at stake, t...

Tech Stocks Tumble as Trump's Tariff Announcement Sparks Investor Concerns

U.S. tech stocks fell sharply after President Trump's comments on limited exceptions to upcoming tariffs, sparking fears over supply chain impacts. Major companies like Marvell Tec...

Tata Group's Strategic Alliance with Tesla: A Leap Towards Global EV Dominance

Tata Group companies have quietly become global suppliers to Tesla, marking a significant step in the EV industry. This collaboration positions Tata for expanded opportunities and ...

Boeing CFO Raises Alarm Over Tariff Impact on Aircraft Parts Supply Chain

Boeing's CFO, Brian West, expressed concerns over the potential disruptions caused by President Trump's tariffs on the supply of aircraft parts, while also noting a $150 million an...

Boeing CFO Raises Alarm Over Tariff Impact on Aircraft Parts Supply Chain

Boeing CFO Brian West expressed concerns over the impact of President Trump's tariffs on the aircraft parts supply chain, highlighting a $150 million charge in Q1 but reassured sho...

Apple Expands Its Footprint in India: Strategic Talks with Wipro and Lakshmi Machine Works Unveiled

Apple is enhancing its presence in India by negotiating with Wipro Enterprises and Lakshmi Machine Works to expand its supplier network, aiming to mitigate supply chain risks and c...

February Sees a Sharp Decline in UK Manufacturing Activity: A 14-Month Low

UK manufacturing activity fell to a 14-month low in February, with the PMI dropping to 46.9. Factors include reduced new orders, lower client confidence, and supply chain issues, a...

Federal Reserve's Goolsbee Warns: Ignoring Tariff Impacts Could Lead to Economic Missteps

Federal Reserve's Goolsbee cautions against ignoring the economic impacts of tariffs, highlighting potential inflationary pressures and supply chain disruptions, and the challenges...

Volkswagen Urges Dialogue to Avert Trade War Amid New US Tariffs

Volkswagen seeks negotiations to prevent a trade conflict after US tariffs on imports from Mexico, Canada, and China, warning of supply chain disruptions and competitiveness issues...

Volkswagen Urges Dialogue to Prevent Escalating Trade War Amid New US Tariffs

Volkswagen is pushing for negotiations to avoid a trade war after new US tariffs on imports from Mexico, Canada, and China. The German automaker warns of supply chain and competiti...

January Sees a Significant Dip in Japan's Manufacturing Sector Activity

Japan's manufacturing sector experienced a significant decline in activity in January, raising concerns over its economic impact. Factors such as supply chain issues and demand flu...

Mitsubishi Electric Aims to Revolutionize China's Factory Robot Supply Chain by 2026

Mitsubishi Electric Corporation plans to strengthen its factory robot supply chain in China by collaborating with local businesses and forming partnerships with Chinese firms, aimi...

Revolutionary 'Track and Trace Mechanism' Launched to Combat GST Evasion

The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...

Synaptics to Assemble 10% of Chips in India by 2027

Synaptics Inc plans to assemble 10% of its chips in India by 2027, diversifying its supply chain and reducing reliance on China. The company also partners with embed UR to develop ...

FedEx COO: India to See Massive Investments as Global Supply Chains Shift

FedEx COO Richard W Smith highlights India's rapid growth and the company's significant investments in the market. The company is exploring an air hub and expresses optimism about ...

Apple's Congo Mineral Ban: Legal Battle and Supply Chain Transparency

International lawyers challenge Apple over alleged use of conflict minerals from Congo, despite Apple's decision to halt sourcing from the region. Legal cases proceed in Europe.

Unilever's Historic Sale: Unox and Zwan Brands Acquired by Zwanenberg

Unilever plans to sell its food brands Unox and Zwan to Zwanenberg Food Group, as part of a strategy to focus on fewer, bigger brands in categories like cooking aids and condiments...

Congo's Bold Move: Criminal Complaints Against Apple Over Conflict Minerals

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply cha...

ADB Cuts India's GDP Growth Forecast: What's Behind the Downgrade?

The ADB has lowered India's GDP growth forecast to 6.5% from 7% due to slower-than-expected second quarter growth, affected by manufacturing slowdown and lagging government spendin...

South Korea to Announce Supply Chain Plans and Restructure Petrochemical Industry

South Korea's government plans to announce supply chain strategies for semiconductors and batteries, and induce restructuring in the petrochemical industry. Deputy Prime Minister C...