Temu, a popular online marketplace for cheap consumer goods, has raised prices on most items due to increased import taxes and the upcoming suspension of the de minimis exemption. The exemption, which allows items with a declared value under $800 to be exempt from import taxes, is set to end on May 2nd, subjecting most items to a 145% import tax. As a result, prices on Temu have more than doubled for many items, making it less competitive with US-based retailers. The price increases are expected to have a widespread impact on consumers and US-based companies that rely on Chinese imports, with many predicting significant price increases and reduced buying power.
Read full articleApril 28, 2025 • By Jack Purcher
Pegatron, a key Apple supplier from Taiwan, stated that US President Donald Trump's tariffs are causing confusion among US customers and may lead to shortages of consumer electronics in the US. The company's chairman, T.H. Tung, warned that US store shelves could be empty within two months due to uncertainty and disrupted shipment decisions. Despite this, Pegatron plans to stick to its long-term manufacturing plans, avoiding immediate adjustments in response to short-term tariff changes.
April 28, 2025 • By Chris Bayer
ZDNET provides recommendations based on thorough testing, research, and comparison shopping. Their goal is to deliver accurate information and knowledgeable advice to help readers make informed buying decisions. The article discusses how to optimize a soundbar's performance for better audio quality. Here are five key pointers: 1. **Proper placement**: Position the soundbar directly below the TV, centered and parallel to the screen, and at or near ear level for the most balanced sound. 2. **Room acoustics optimization**: Consider adding soft furnishings like rugs and curtains to reduce sound reflections, and use acoustic panels or diffusers to manage sound reflections and create a more balanced audio environment. 3. **Subwoofer placement**: Place the subwoofer on the floor, preferably in a corner or along a wall, to enhance bass response. Experiment with different locations to find the best spot. 4. **Adjusting settings**: Adjust bass, treble, and other parameters to improve audio quality based on the room's acoustics and listening habits. Experiment with advanced features like Virtual Surround Sound, Dialogue Enhancement, or Bass Boost. 5. **Connection and updates**: Use a wired connection like HDMI or optical cables for stable and lossless audio transmission, and regularly check for software and firmware updates to improve performance and add new features. By following these tips, readers can maximize their soundbar's performance and enjoy a richer, more immersive audio experience.
April 28, 2025 • By Jack Kelly, Senior Contributor, Jack Kelly, Senior Contributor https://www.forbes.com/sites/jackkelly/
The US tech sector is experiencing a mix of innovation and job instability, with 80% of tech workers reporting job satisfaction due to high pay and impact. However, there is growing pessimism, with 65% of tech workers expecting worse conditions due to layoffs and hiring pullbacks. The Bureau of Labor Statistics projects 356,700 annual tech job openings through 2033, driven by growth in AI and fintech. Top employers in the tech sector include NVIDIA, Google, Microsoft, Apple, and Amazon, which offer competitive pay, supportive cultures, and opportunities to work on transformative technologies. Despite the growth, the tech industry is facing challenges, including layoffs, with 50,728 employees let go across 111 tech companies. Companies like Intel, Meta, and STMicro have announced significant job cuts, citing economic shifts, technological advancements, and strategic realignments. The rise of AI and automation has also led to a shift in priorities, with firms investing in AI development and automating tasks previously handled by human workers. The most sought-after jobs in the tech sector include AI engineers, cloud architects, and cybersecurity analysts, with AI engineers earning $150,000-$300,000 plus bonuses and stock. However, work-from-home policies are shrinking, with only 18% of 2025 tech roles being fully remote, and hybrid models dominating. The tech industry is also facing challenges from the 2025 tariffs, which could reduce US consumer purchasing power by $90-143 billion and threaten revenue for hardware giants and e-commerce platforms.
April 28, 2025
In the US, a divide is emerging between low- and high-income consumers. According to first-quarter results from credit card lenders, lower-income earners are reducing spending on non-essentials, while the wealthy continue to spend freely on luxuries like dining out and travel. Synchrony, which provides store cards for retailers like Lowe's and T.J. Maxx, saw a 4% decline in spending, whereas American Express and JPMorgan Chase, which cater to wealthier users, reported 6-7% increases in spending. The split is attributed to lower-income consumers being more economically vulnerable and feeling the effects of inflation and trade policies. As a result, they are being more selective with their spending, focusing on essentials and pulling back on discretionary expenses. In contrast, high-end consumers are insulated from these concerns and continue to spend freely. This divide could have implications for future demand, as consumers may be buying essentials now in anticipation of potential price increases due to tariffs.
April 28, 2025 • By Richard Leadbetter
Sony has released a teardown of the PlayStation 5 Pro, providing insights into the console's engineering and design. The teardown reveals a compact mainboard, a 279mm2 processor, and a range of features such as louvers to minimize fan noise and screws to reduce electromagnetic interference. The design is a tightly integrated system-on-chip, with a focus on efficiency and cost-effectiveness. The PS5 Pro's design is an evolution of the PS4 and PS5, with a lineage that emphasizes customization and consolidation of PC technologies. Looking ahead, there are rumors of a PlayStation 6 console and a handheld device, with a potential 3nm fabrication node and a unified architecture. The next generation of consoles is expected to bring significant technological advancements, including machine learning, but the cost and affordability of these devices remain uncertain.
April 28, 2025 • By Mohit Bhardwaj
China's car market is witnessing a surge in intelligent driving features, with advanced driver-assistance systems (ADAS) becoming a key competitive tool. Almost 60% of cars sold in China last year had level-two ADAS features or above. However, a recent fatal crash involving a Xiaomi car has raised concerns over safety and advertising, prompting the government to intervene. The Ministry of Industry and Information Technology has warned automakers to test systems rigorously, define functional boundaries, and refrain from exaggerated advertising. As a result, carmakers have taken a low profile on autonomous driving functions, emphasizing safety instead. Despite this, the technology continues to progress, with China leading the world in ADAS development, according to a survey of global auto executives.
April 28, 2025 • By Research and Markets
The global machine tending robots market is expected to grow from $9.87 billion in 2024 to $25.59 billion by 2034, at a CAGR of 9.99%. The market is driven by the increasing demand for automation to improve efficiency and reduce operational costs in manufacturing processes. The CNC machine tending segment is expected to dominate the market, with advancements in sensor and control technologies enabling more sophisticated and adaptable machine tending solutions. Key players in the market are developing advanced automation solutions and integrated robotics systems, with significant growth potential in untapped industries and small and medium-sized enterprises. The market faces challenges such as high initial investment and ROI concerns, but opportunities exist in advancements in technology and service models, as well as global supply chain reconfiguration and resilience strategies.
April 28, 2025 • By Research and Markets
The "Ethylene Propylene Diene Monomer Market Report 2025" forecasts the market to grow from $4.5 billion in 2024 to $4.87 billion in 2025 at a 8.4% compound annual growth rate (CAGR). By 2029, the market is expected to reach $7.1 billion at a 9.9% CAGR. The growth is driven by the automotive industry, construction, and infrastructure development, as well as the increasing demand for zero-emission vehicles and sustainable materials. Major companies, such as Dow and Arlanxeo, are focusing on innovative products and expanding production capacities to meet the rising demand. Asia-Pacific was the largest region in the market in 2024, followed by North America. The report covers various applications, including automotive, building, and construction, and provides a five-year historic and ten-year forecast.
April 28, 2025 • By GearTrack
The GearTrack April Cargo Security Index reveals that 54% of US cargo theft incidents in March 2025 occurred in California, Florida, and Texas. California saw a 34% increase in incidents, while Texas and Florida saw a 17% increase. Food, beverages, and household goods were among the top targeted items. Organized theft groups are using new schemes, including forging documents and following freight trains. To combat this, GearTrack's platform will incorporate Verisk CargoNet's RouteScore API, providing route-specific intelligence and protection recommendations. The Index is a collaboration between GearTrack and CargoNet, aiming to equip shippers and logistics providers with intelligence to stay ahead of threats.
April 28, 2025 • By Eric Boehm
The US is bracing for supply chain disruptions due to tariffs on Chinese imports, which could lead to price hikes and shortages as early as next month. The National Retail Federation expects cargo volumes to significantly decline, with some businesses already canceling or delaying orders. Tariffs as high as 145% on certain Chinese imports are making it too expensive for companies to bring goods into the country, and the costs will be passed on to consumers. The Port of Los Angeles expects a 36% drop in foreign vessels, and ocean freight bookings from China to the US are down 60% since the tariffs took effect. The impact of the tariffs will be felt beyond supply chain disruptions, with potential layoffs and stock shortages. The National Retail Federation estimates that overall imports to the US will fall by 20% in the second half of the year if tariffs are maintained near current levels.
April 28, 2025 • By Our Bureau
Reliance Industries is planning to increase its pace of acquisitions, with a potential stake in Haier's Indian unit. The company has been interested in Haier India for some time, and an offer may be made, but pricing is a key factor, with a valuation over $2 billion unlikely. Haier India would be a good fit for Reliance Digital's product portfolio, and the company has been looking for an Indian partner to comply with government regulations. A majority stake in Haier India may be sold to an Indian partner, with several private equity firms also interested.
April 28, 2025 • By Research and Markets
The "Recycled Plastic Resins Market" report forecasts a 6.98% CAGR from 2025 to 2030, reaching $78.023 billion by 2030. The market is driven by sustainability initiatives, circular economies, and demand for recycled polyethylene terephthalate (rPET). Asia-Pacific leads in production, while North America and Europe have the largest demand due to environmental policies. The report analyzes the market by type, process, end-user, and geography, and highlights innovations and partnerships in waste management as crucial for addressing challenges.
April 28, 2025 • By PTI
The provided text appears to be a collection of headlines and stock market updates from ETMarkets, rather than a news article. However, some of the key points mentioned include: * Updates on the Indian stock market, including the Sensex and Nifty * News on various companies, such as Novo Nordisk, Eris, Biocon Biologics, Ather, Mahindra, and UltraTech Cement * Analysis of the insulin market in India and the potential impact of common empanelment of hospitals on health insurance costs * Defence stocks with upside potential of up to 32% * Links to other articles and resources, such as stock tips, budget updates, and expert advice.
April 28, 2025 • By TheLostSwede
The 2024 global semiconductor materials market revenue increased by 3.8% to $67.5 billion. This growth was driven by the recovery of the overall semiconductor market and the increasing demand for advanced materials for high-performance computing and high-bandwidth memory manufacturing. Wafer fabrication materials revenue rose 3.3% to $42.9 billion, while packaging materials revenue grew 4.7% to $24.6 billion. Taiwan was the largest consumer of semiconductor materials, with $20.1 billion in revenue, followed by China and Korea. The Materials Market Data Subscription from SEMI reported these findings, which also included a two-year forecast and historical data for the materials segment.
April 28, 2025 • By James Fallon
China's fashion industry is undergoing a transformation due to economic challenges and external pressures, shifting from a growth model based on scale to one focused on resilience.
April 28, 2025 • By Precedence Research
The global automotive battery market is expected to grow from $83.08 billion in 2024 to $462.10 billion by 2034. This growth is driven by increasing demand for electric vehicles, advancements in battery technology, and government incentives promoting sustainable mobility. The Asia Pacific region dominated the market in 2024, with countries like China, Japan, and South Korea leading in battery production and research. North America is expected to be the fastest-growing region, driven by increasing acceptance of electric vehicles and substantial investments in local battery manufacturing. The lead-acid battery segment currently dominates the market, but the lithium-ion battery segment is expected to grow at the fastest rate during the forecast period. The passenger vehicles segment dominated the market in 2024, but the commercial vehicle segment is projected to grow rapidly due to electrification of fleets. The electric vehicles segment led the market in 2024, but the internal combustion engine segment is likely to expand at a significant rate due to the substantial number of ICE vehicles still in use globally.
April 28, 2025 • By Precedence Research
The direct-to-consumer (DTC) packaging market is expected to experience significant growth, with forecasts predicting hundreds of millions in revenue growth between 2025 and 2034. This growth is driven by the rise of online shopping, social media influence, and the importance of unboxing experiences. DTC packaging refers to the way products are packaged and presented when brands sell and ship directly to customers, without traditional retail channels. Key trends in the DTC packaging market include the use of social media, especially TikTok and Instagram, to create engaging unboxing experiences, and the adoption of eco-friendly materials to appeal to environmentally conscious consumers. The market is also driven by the growing demand for sustainable and premium packaging, with brands prioritizing clean, elegant, and modern designs. The Asia Pacific region held the largest share of the DTC packaging market in 2024, driven by the booming online platform in the region. North America is expected to grow at the fastest rate during the forecast period, driven by the well-established DTC ecosystems and strong consumer preference for online shopping. The paper and paperboard segment dominated the DTC packaging market in 2024, due to its biodegradable, renewable, and recyclable properties. The plastic segment is expected to witness lucrative growth during the forecast period, driven by its superior protection against moisture, contamination, and physical damage. The rigid segment accounted for the largest share of the DTC packaging market in 2024, due to its maximum durability during shipping. The flexible segment is expected to show the fastest growth during the forecast period, driven by its lightweight and cost-effective properties. The food and beverages segment registered its dominance over the global DTC packaging market in 2024, driven by the growing demand for safe, functional, and brandable packaging. The cosmetics and personal care segment is expected to grow with the highest CAGR during the studied years, driven by the increasing demand for aesthetic, branded, and user-friendly packaging. Overall, the DTC packaging market is expected to experience significant growth, driven by the rise of online shopping, social media influence, and the importance of unboxing experiences. Brands are prioritizing sustainable, premium, and functional packaging to appeal to environmentally conscious consumers and create engaging unboxing experiences.
April 28, 2025 • By Mia Sato
The US is experiencing "tariff limbo" due to Donald Trump's sweeping tariffs imposed on various countries. The tariffs have caused economic instability, with the stock market losing around $10 trillion in value. The constant changes to tariff policies have created a culture of anxiety among US trading partners, businesses, and individuals. People are stockpiling goods, such as Italian olive oil and electronics, in anticipation of price increases. Small businesses are also affected, with some adding a "Trump tariff surcharge" to their products. Even billionaires who initially supported Trump's tariffs are now speaking out against them, warning of a potential recession. The tariffs will likely change how Americans shop and what companies produce, with low-income consumers being the most affected. Economists warn that the effects of tariffs are unpredictable and may lead to price increases and unavailability of certain products.
April 28, 2025 • By Rian Howlett
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