Taiwan’s GlobalWafers, one of the world’s biggest makers of silicon wafers for chips, plans to spend about $5 billion to build a new factory in Texas, The Wall Street Journal and other news outlets reported. The move comes as the U.S. and other countries are scrambling to beef up domestic supply chains amid ongoing global chip shortages that have dealt a serious blow to auto, electronics and...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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