Industry Trends
U.S. Launches National Security Probe into Drone, Polysilicon Imports
Industry Trends
The U.S. Department of Commerce announced on July 14 that the Trump administration has initiated an investigation into imports of drones and polysilicon—a semiconductor material—to assess their impact on U.S. national security. The Section 232 probe, which began quietly on July 1 without public disclosure, could pave the way for higher tariffs on these imports.more
Nvidia and AMD Get U.S. Approval to Resume Chip Sales in China
Industry Trends
Foreign media reports that Nvidia and AMD have received U.S. government support to restart AI chip exports to China. Nvidia announced it will resume selling the China-customized H20 chip and launch a new compliant product, the RTXPRO GPU. CEO Jensen Huang stated in Beijing that the Chinese market is "vital" to the company, with H20 ready: "We are very pleased to ship as soon as possible."more
EU May Withdraw Digital Tax Plan, Easing Pressure on U.S. Tech Giants
Industry Trends
Foreign media reported on July 15 that the European Commission has formally withdrawn its plan to impose a digital tax on major tech companies during the latest budget negotiations. The decision is seen as a key compromise in EU-U.S. trade talks, temporarily relieving U.S. tech giants like Apple and Meta from heavy tax pressures, while the EU paves the way for broader trade agreements by adjusting its fiscal strategy.more
DCSA Unveils 2025-2030 IT Strategy to Strengthen Defense Digital Ecosystem
Industry Trends
The Defense Counterintelligence and Security Agency (DCSA) on July 9 released its 2025-2030 IT Strategic Plan, outlining six core objectives to modernize defense cybersecurity, enhance data-driven decision-making, and foster collaboration with industry and academia. The initiative aims to create a secure digital ecosystem aligned with the Pentagon’s broader digital transformation goals, particularly supporting the Department of Defense’s (DoD) Chief Digital and AI Office (CDAO) in advancing AI integration and governance .more
Industry Trends
SAO PAULO, Brazil, June 25 (News Wire) – Brazil's retail sector staged a recovery in May, with foot traffic at physical stores rising 1.86% year-on-year, marking a significant turnaround from April's 3.99% decline. This rebound was primarily fueled by a robust 3.8% surge in street commerce, according to Seed Digital's Retail Purchase Intent Index (IICV Seed).more
Industry Trends
Online pharmaceutical sales in Russia soared by 35.7% year-on-year in the first quarter of 2025, reaching 139.5 billion rubles, triple the average growth rate of the sector. This marked the first time online drug sales accounted for over 1.15% of the total pharmaceutical market share.more
Global Toy Market to Hit $446B by 2032, Fueled by Tech & Shifting Trends
Industry Trends
The global toy market is poised for steady growth, projected to rise from $316.14 billion in 2024 to $445.97 billion by 2032, at a compound annual growth rate (CAGR) of 4.33%, according to latest insights.more
Amazon Expands Same-Day and Next-Day Delivery to Over 4,000 U.S. Towns and Rural Areas
Industry Trends
On June 24th, Amazon announced a major expansion of its rapid delivery services to more rural regions across the United States, marking a significant step in its efforts to bridge the urban-rural logistics gap. The e-commerce giant revealed plans to offer same-day or next-day delivery to over 4,000 small cities, towns, and rural communities by the end of 2025, bringing faster shipping options to areas that have long faced slower delivery timelines compared to urban centers.more
Industry Trends
June 25 - Indonesia is planning to introduce a new regulation that will require e-commerce platforms such as TikTok Shop, Shopee, and Lazada to withhold 0.5% sales tax from small and medium-sized sellers with annual turnover ranging from 500 million to 4.8 billion Indonesian rupiah (approximately 30,000 to 300,000 US dollars). The move aims to alleviate the country's weak tax revenue and balance competition between physical stores and e-commerce businesses.more
U.S. House Approves Two Crypto Bills to Boost Legitimacy
Industry Trends
On July 17, the U.S. House passed two key crypto bills, marking the first major step toward formal industry regulations. The moves aim to legalize digital assets and pave their way to mainstream financial status.more
Trump's 50% Tariff on Amazon Sparks Fears of Retail Upheaval
Industry Trends
U.S. President Donald Trump has signed an executive order imposing a 50% tariff on all goods sold through Amazon, set to take effect on August 1, 2025. The move, citing Section 301 of the 1974 Trade Act, accuses Amazon of "unfair competitive practices" and "monopolistic behavior."more
Singapore Leads Globally in Cross-Border Shopping Penetration with Strong Consumer Vigor
Industry Trends
Singapore has shown strong momentum in the cross-border e-commerce sector, with a cross-border shopping penetration rate of 69%, ranking first in the world. Data shows that 98% of Singaporean consumers are willing to shop overseas, far exceeding the global average, and 69% of them make cross-border purchases at least once a month.more