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A new study from Juniper Research has found that the total cost of software supply chain cyberattacks against businesses will exceed US$80.6 billion globally by 2026, up from US$45.8 billion in 2023. This growth of 76% reflects increasing risks from absent software supply chain security processes, and the rising complexity of software supply chains overall.
As Wistron is reportedly on its way to selling its Indian manufacturing facility to Tata Group, a consulting firm estimates that the Indian conglomerate may receive a small portion of iPhone 15 orders expected to be launched later in 2023, potentially making Tata the first Indian iPhone assembler.
China-based smartphone brands' shipments are expected to make a recovery in the second quarter, stimulated by robust demand from the 618 shopping festival, with an on-year decline to also shrink to less than 10%, according to DIGITIMES Research's latest figures from the China smartphone industry report.
Asustek Computer, as expected by the market, remained in the red in the first quarter of 2023, but its operating losses narrowed to NT$1.682 billion (US$54.57 million) from NT$3.823 billion of a year earlier, with the prospect it may have a chance to break even in the second quarter.
Hon Hai Precision Industry (Foxconn) expects to see its second-quarter revenue decrease both sequentially and on-year, due to ongoing inventory adjustments, the traditional off-season, and others.