Ever since Deng Xiaoping opened China to the world in the late 1970s, many in the West wanted to see the country succeed, because we thought China — despite its brutal authoritarian political structure — was on a path to a more open economy and society.
“Scared” Chinese manufacturers of Western electronics components are being starved of electricity by their own government, causing some to consider leaving the country — and putting a real pinch on this year’s Christmas shopping.
Some of the largest tech companies have decided to respond to the semiconductor shortage by designing their chips internally. Tech analysts and business people have spoken about the semiconductor shortage and how the coronavirus pandemic has severely drained the resources required to make the chips and parts needed for everyday electronic devices.
Apple CEO Tim Cook will collect the 10th and final installment of a pay deal he received a decade ago in August 2011 when he took the reins former CEO and Apple co-founder Steve Jobs, who died in October 2011.