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The Latest Breaking News from Supply chain

TSMC Solidifies Leadership on Foundry Market as Intel Jumps into Top 10

The global foundry industry witnessed a substantial rise in demand in the third quarter of 2023, according to TrendForce. The Top 10 foundries collectively saw their revenue soar to about $28.29 billion, marking a 7.9% increase compared to the previous quarter. Taiwan Semiconductor Manufacturing Co. (TSMC) maintained its No. 1…

AnandTech

Thousands of Go module repositories on GitHub are vulnerable to attack

Go modules are vulnerable to repojacking, researchers warn, which can lead to dangerous supply chain attacks.

TechRadar

Amkor to Build $2 Billion Chip Packaging Fab in Arizona Primarily for Apple

Amkor, the world's second largest independent outsourced semiconductor assembly and test (OSAT) service provider, has announced their intention to build a new advanced chip packaging facility in the U.S. Carrying a price tag of around 2 billion dollars, the plant in Arizona will primarily serve to package chips produced by…

AnandTech

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3 Grocery Stocks Showing Extreme Promise

The inelastic demand for groceries, technological advancements, and improved supply chain management drive the grocery industry’s prospects. Therefore, it might be wise to buy grocery stocks Natural Grocers by Vitamin Cottage (NGVC), Village Super Market (VLGEA), and Marks and Spencer Group (MAKSY), which show extreme promise. Read more.

StockNews.com

What to Do With Tesla (TSLA) and Dongfeng Motor (DNFGY) Shares?

Auto sales are expected to remain strong, thanks to improvements in the supply chain, increasing demand and strong inventories. Against this backdrop, let's evaluate the prospects of Tesla (TSLA) and Dongfeng Motor Group Company (DNFGY). Keep reading….

StockNews.com

Hard drive prices could go up significantly after the rumored 'collapse' of key player — paving the way for growing SSD domination in the storage market

With hard drive shipments collapsing already, supply chain disruption could be a major setback for Seagate and Western Digital

TechRadar

Waycool’s subsidiary CensaNext ties up with YoLa Fresh

”YoLa Fresh, a Moroccan agribusiness marketplace, partners with WayCool's tech subsidiary CensaNext to optimise supply chain, boost efficiency, and reduce waste. This will help YoLa Fresh capitalise on the African fresh produce market's projected $1 trillion growth by 2030. WayCool's tech stack and learnings will help YoLa Fresh achieve its…

The Hindu

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Line mobile messaging app hit by systems breach, thousands of accounts leaked

Users, business partners, and employees all affected by Line breach that happened after a supply chain attack.

TechRadar

Cybersecurity Agencies Warn of Growing DPRK State-Linked Cyber Attacks via Software Supply Chains

The advisory details the sophisticated techniques and tactics employed by DPRK state-linked hackers in carrying out software supply chain attacks, urging organizations worldwide to enhance their cybersecurity measures.

International Business Times UK

3 Software Stocks Showing Promise - Consider Buying Today

Given the increased automation of business processes across several end-use industries and the growing adoption of advanced technologies, the software industry’s prospects appear bright. Thus, it could be wise to invest in quality software stocks Clear Secure (YOU), American Software (AMSWA), and Red Violet (RDVT) for impressive gains. Continue reading….

StockNews.com

Biden touts supply chain progress as holiday shopping gets underway

President Joe Biden touted new initiatives to address supply chain reliability as he highlighted the drop in ships backed up at ports.

Roll Call

North Korean hackers are carrying out even more cyberattacks than previously thought

Three separate campaigns were spotted in the last few months alone, with most being supply chain attacks.

TechRadar

Biden Creates Council And Announces Measures To Strengthen Supply Chain

The initiatives comes after supply chain disruptions led to an acceleration of inflation after the pandemic.

International Business Times

Biden plans to use cold-war era law in attempt to lower US prices

Defense Production Act of 1950, passed to streamline production during Korean war, was last used during Covid pandemic

The Guardian - US

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The Independent UK

Biden to convene new supply chain council and announce 30 steps to strengthen US logistics

President Joe Biden will convene the first meeting of his supply chain resilience council

TechRadar

Microsoft claims CyberLink has been breached by North Korean hackers

Supply chain attack saw CyberLink software abused to drop malware, Microsoft reveals.

Evening Standard

Cyber attacks from North Korea are increasing and more sophisticated, warns UK and South Korea

Intelligence and security chiefs in London and Seoul issued a joint warning about the threat

The Independent UK

Attentive Energy investing $10.6M in supply chain, startups to help New Jersey offshore wind

A company proposing a wind farm off New Jersey is investing $10.6 million to help grow the industry’s supply chain and support related technology startups

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Fortune

How this Danish wind company became public enemy number 1 for Republicans in its ‘biggest pain point’—the U.S.

From bad economics to the ire of Donald Trump, the U.S. has become a pain Orsted could do without.

The Hindu

India, U.S., 12 other IPEF members ink supply chain resilience agreement

India, the U.S. and 12 other members of the Indo-Pacific Economic Framework For Prosperity (IPEF) grouping have signed a supply chain resilience agreement that would provide benefits such as potential shifting of production centres in critical sectors and mitigating risks of economic disruptions from supply chain shocks.

The Independent UK

Disney says it has $40 billion economic impact in Florida as it battles DeSantis in court

Disney has released a study showing its economic impact in Florida at $40.3 billion, directly and indirectly through its supply chain and employee spending

StockNews.com

3 Shipping Stocks Set for a Strong November Performance

As the global logistics sector continues to thrive with growing demand for air freight and cargo services, robust performing shipping stocks Kuehne + Nagel (KHNGY), ZTO Express (ZTO), and FedEx (FDX) might be solid buys for investors this month. Read more.

The Guardian - UK

UK subsidies for offshore windfarms likely to increase amid rising costs

Developers say higher prices across their supply chains mean costs have climbed by about 40%

StockNews.com

NIO (NIO) and Honda Motor (HMC): Which Road Will These Auto Stocks Take Through the End of 2023?

Due to supply chain improvements, auto sales are expected to stay strong. Against this backdrop, let's assess the investment potential of two auto companies, NIO (NIO) and Honda Motor (HMC). Keep reading….

The Conversation

Fresh water is a hidden challenge − and opportunity − for global supply chains

Reports of lengthy shipping delays for vessels traveling through the Panama Canal this year have highlighted the critical but often overlooked role that fresh water plays across global supply chains. Drier than normal conditions in Panama, brought on by El Niño, have left the region drought-stricken and water levels in…

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