Sunday , 14 June 2026

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China chipmaker mulls overseas buying spree to get mobile tech

  Bloomberg Goodix, a supplier of mobile chips to Amazon.com Inc. and major Chinese smartphone makers, plans to begin shopping abroad for semiconductor and software developers to gain an edge in an increasingly competitive market. The company wants to become the world’s biggest supplier of fingerprint sensors, Chief Executive Officer David Zhang said in an interview at the Consumer Electronics …

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Americans see enduring wage gains as labour market tightens

  Bloomberg After six straight years of annual job gains topping 2 million, America’s labour market is as tight as ever, and it’s entering the next phase: an enduring pickup in wages. Average hourly earnings jumped by 2.9 percent in the 12 months through December, the most since the last recession ended in June 2009, according to the Labor Department’s …

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USA trade deficit widened in November to a 9-month high

  Bloomberg The US trade deficit widened to a nine-month high in November as exports fell and companies and governments imported the most since August 2015. The gap grew by 6.8 percent to $45.2 billion from a revised $42.4 billion in the prior month, Commerce Department figures showed. The November shortfall was in line with the Bloomberg survey median for …

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