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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
April 23, 2024
Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
...Interest rate volatility because of inflation made investors nervous in dealmaking, as properties were held back from being put on sale pending more stability....
April 14, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Semiconductors
South Korean chipmakers halt old equipment sales over fears of US backlash
...The South Korean semiconductor companies typically bundle used equipment into packages before selling them to dealers who put them up for sale at auctions....
March 12, 2024
Semiconductors
Japanese chipmaker Renesas steps up deal spree with $5.8bn Altium bid
...Renesas, which is one of the leading suppliers of chips to the world’s car industry, including Japan’s Toyota and Nissan, has been pushing to diversify and add scale in the aftermath of supply chain stresses...
February 15, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...The focus on robotaxis seems an attempt to draw attention away from falling sales. Inventory is piling up. Tesla has 28 days of unsold supply, up from 15 days last year....
April 23, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...Apple is now trying to diversify its supply chain, relocating parts of its production to countries such as India....
April 19, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexRetail sector
Home Depot has bet $18bn on US housing market paralysis Premium content
...Homeowners who have locked in on low mortgage rates are reluctant to sell, limiting the supply of houses for sale....
April 2, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
...Tesla blames supply problems, pointing to conflict in the Middle East and an arson attack at its Berlin factory. But a gap between production and delivery numbers suggests issues with demand....
April 2, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...“Global EV sales continue to be under pressure as many carmakers prioritise hybrid over EVs.”...
April 24, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
March 21, 2024
Moral Money
Tesla share price surge highlights electric vehicle investors’ jitters Premium content
...In the first three months of 2024, EV sales growth slowed and the percentage of EV cars on the road dropped, according to JD Power....
April 26, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...Gaining an early edge with its fully vertically integrated supply chain, BYD is now facing competition from not only traditional carmakers and EV start-ups, but also Big Tech companies that are angling for...
April 2, 2024
Financial services
How’s the PE Winter looking?
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
April 25, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
April 15, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Tim Cook, Apple’s chief executive, is visiting Vietnam this week as the iPhone maker plans to increase its supply chain there....
April 15, 2024
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...He has spent years tying the company’s fortunes to China and built a supply chain that is heavily dependent on factories in Shenzhen and Zhengzhou — although the company is now trying to diversify manufacturing...
March 10, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...But it has not been willing to fund a new supply chain for mass car production. Scrapping a project with high upfront costs makes sense. Competition has grown. Tesla has been forced to cut its prices....
March 7, 2024
Japanese business & finance
Japan’s small EV battery suppliers feel the heat in race for scale
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
April 24, 2024
Unhedged
Uber’s Dara Khosrowshahi defends buyback policy
...[but] there are generally two types of investments we can make: variable cost (marketing, incentives, etc) and fixed cost (sales heads, engineers, etc.)....
February 28, 2024
Special ReportOnline MBA 2024
Barbie buzz and brand value. Is it real?
...IP-based rebrands also offer vast potential without requiring significant design, supply chain or product innovations....
March 10, 2024
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...Most major carmakers have reported either a drop in EV sales or slowing growth....
April 5, 2024
Technology sector
Taiwan’s Acer and Asustek step up ‘Make in India’ plans
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
February 12, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...These are hard calls and we’re in no position to forecast the EV supply-demand balance....
April 3, 2024
Hynix Semiconductor Inc
SK Hynix returns to profit boosted by AI memory chip demand
...The company’s next-generation HBM chip, the HBM3E, is due to enter mass production this year, following a more than 500 per cent year-on-year increase in sales of its HBM3 chip....
January 25, 2024
Japanese business & finance
Japanese brokers highlight ‘Trump trades’ for stocks
...“Uncertainty is harmful in supply chains, too,” he added. “If Trump wins, Japanese companies will have to think seriously about their Chinese businesses.”...
February 21, 2024

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