Computer chipmaker Xilinx Inc. spooked investors today after saying its current-quarter revenue will likely fall well short of expectations. The company said it’s expecting third quarter revenue of between $710 million to $740 million, some way short of Wall Street’s forecast of $844.9 million. The reason? The ongoing trade war between the U.S. and China, […]
Xilinx slumps on weak guidance due to Huawei ban Read More »
A 15 per cent tariff on Chinese goods came into effect on Sunday, Sept. 1st. As part of the ongoing trade war between the U.S. and China, the new tariff could significantly drive up the cost of electronics for consumers. While TVs, phones, and audio gear are just a subset of the long list of
U.S. trade war hits consumers with higher electronics pricing Read More »
President Trump has cast a formidable shadow in the days leading to Apple’s big iPhone event on Wednesday. Over the weekend, he suggested in a tweet that Apple move its manufacturing plants to the U.S. to avoid tariffs in the simmering trade war between the U.S. and China. It’s a recurring threat Apple Chief Executive
Apple’s China Distraction Before Wednesday’s Big Event Read More »
