Dell, HP say chip shortages will hit PC supplies this year
Dell Technologies Inc and HP Inc reported quarterly revenue that beat Wall Street estimates, as customers continued to shop for personal computers, even as pandemic-led restrictions eased in many parts of the world. Both the companies warned that the ongoing computer chip shortage could impact their ability to meet demand for laptops this year. As per this […]
EU’s carbon border tariff to target steel, cement, power, Bloomberg news says
The European Union plans to impose carbon emission costs on imports of goods including steel, cement and electricity, Bloomberg News reported. The European Commission is due to propose its carbon border tariff policy on July 14. This is a move which is designed to put EU firms on an equal footing with competitors in countries […]
US chip subsidy effort faces pushback over china issues
A series of amendments for a $190 billion U.S. Senate bill aimed at countering China’s technology challenge are in limbo after business groups protested proposals intended to ensure that none of the money finds its way to China or other U.S. rivals. U.S. business’s future operations could be disrupted because of the new regulations or […]