Foxconn’s India assembly plans; stock market volatility; McKinsey’s new supply chain focus.
Deals
eSilicon teamed up with Sunflower Mission once again to present 59 university scholarships for engineering and technology students in Vietnam.
Foxconn, the huge Taiwanese contract manufacturer (aka Hon Hai Precision Industry), already announced plans to build a chip plant in Zhuhai, outside of Hong Kong. Now it has developed plans to assemble high-end iPhones in India next year. What’s next?
Cisco will buy Luxtera, which develops silicon photonics technology, for $660 million in cash and equity. The goal is to future-proof networks with massive throughput and to broaden Cisco’s offerings in this area with speeds of up to 400GbE.
Financial
The stock market remains volatile, a concern that most analysts expect will continue into 2019. An ongoing trade war between the United States and China, uncertainty over Brexit, huge corporate and sovereign debt, rising interest rates in the U.S., and softening of demand for DRAM, cryptocurrency mining technology and mobile phones, are enough to leave the market breathless. No wonder investors across the globe are jittery.
Tools
McKinsey & Co. developed a new tool that it claims will help improve on-time delivery in the semiconductor supply chain. The firm says that reliable production requires end-to-end insights across the supply chain, which many companies do not fully understand.
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