Shoppers may face higher prices for smartphones, laptops, and other consumer electronics in 2026 as surging demand from AI data centres tightens the global memory chip supply, manufacturers and industry analysts warn. Tech giants are investing enormous sums to build the hardware that powers AI tools like ChatGPT, creating a bottleneck in the supply of […]
ELECTRONICS
U.S.-China trade war: Trump signals continued tariffs on high-tech goods
President Donald Trump has made it clear that tariffs on electronics will remain in place. He issued this warning to China after the U.S. administration decided to exempt certain high-tech products from retaliatory tariffs. Trump stated that items like smartphones and laptops will still incur a 20% tariff. He highlighted the importance of not allowing […]
Philips takes profit hit from product safety fault
Dutch electronics giant Philips said Monday sales were up for the second quarter, but that profits took a hit from a recall of faulty sleep and respiratory care equipment. The company, which has diversified into healthcare and in March sold off its domestic appliance business, said sales came in at 4.23 billion euros ($5.0 billion) […]