President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance on tariffs.
Apple CEO Tim Cook joined more than 20 corporate leaders in discussions with China’s premier Monday, as global companies grapple with potential trade disruptions and economic uncertainty.
STMicroelectronics unveiled a strategic partnership with China’s Hua Hong Semiconductor, with a plan to commence production of 40nm process MCUs in Shenzhen by the end of 2025. STMicroelectronics noted the importance of establishing a local manufacturing footprint in China to retain a competitive edge in the EV market.
Google is advancing its global data center expansion while targeting sustainability goals centered on energy efficiency, carbon neutrality, and water reuse. Senior executives emphasize that energy costs represent the largest operational expense for maintaining data center infrastructure, underscoring the importance of strategic energy planning during transitions from legacy to new technologies.
Following President-Elect Donald Trump’s election victory, PC brands are intensifying their strategic shifts. Hewlett-Packard (HP), the world’s second-largest PC maker, has reportedly moved to restructure its senior procurement and R&D operations. Industry sources suggest the company is preparing another round of R&D layoffs as it redirects focus toward North America.