The bad news continues for the world’s smartphone manufacturers and their suppliers. And President Trump’s decision to add a 25% tariff on smartphone component imports from China from June 25 is unlikely to help. Morgan Stanley estimate it will add $160 to the current US iPhone XS price of $999, whilst a state-backed Chinese consumer boycott […]
Chemicals and the Economy
Trump’s trade war hits Wall Street as tech downturn begins
President Trump no longer tweets regularly about new record highs for US financial markets. The tweets were a core activity in the first year of his Presidency, when he was still feeling his way into the job. But now, as last week’s sackings of his Secretary of State and National Security Advisor confirm, his focus has returned […]
The digital vortex is coming to a business near you
The average smartphone now has “more computing power than the computers used during the Apollo era to put the first men on the moon.“ The question facing all of us, is “How will this power be used to disrupt our current business? We can already see some of the early impacts from the transformation taking place: □ Most […]
NiTech wins ICIS Innovation Award
Regular readers may remember that the blog is also non-exec chairman of NiTech Solutions, a technology spin-out from the chemical engineering department at Heriot Watt University in Scotland. They will therefore understand its delight that NiTech have won this year’s ICIS Innovation award in the SME (Small/Medium size Enterprise) category. The picture above shows the […]
Definition of a technology start-up
LinkedIn, the online network for chemical and other professionals, was valued at $2bn this week. Reid Hoffman, its founder, gave a brilliant description of what is was like to be part of a technology start-up: his parallel was “throwing yourself off a cliff and trying to assemble a plane on the way down“. As chairman […]
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