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manufacturing growth

Tech Manufacturing to Expand Through Year-End

High-tech manufacturing is expected to grow for the remainder of the year despite continued inflation and geopolitical unrest. Overall, U.S. manufacturing businesses forecast revenue growth of 9.2 percent for 2022, slightly higher than projections at the end of last year. Few of the challenges faced in 2021 – inflation, materials and component shortages and logistics…

China to Consume 21% of its Domestic Chip Output by 2026

China is a long way from semiconductor self-sufficiency, IC Insights reports. While China-based chip production will represent 21.2 percent of its domestic IC market in 2026, foreign companies such as Samsung, SK Hynix and TSMC are expected to comprise more than 50 percent of IC production in China through that period. The Chinese  government has…

Tech Companies Need Transparency in ESG Reporting

Ever since the U.S Securities and Exchange Commission (SEC) proposed rules governing climate-related disclosures from all public companies on March 21, environmental, social, and governance (ESG) reporting has become a necessary part for technology company corporate boards to address, especially in today’s environmentally and socially conscious world. Whether it’s understanding how the technology company is…