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Supply Chain

Apple Expands Broadcom Partnership with $30 Billion U.S. Supply Chain Commitment

Apple announced it will expand its partnership with Broadcom through a more than US$30 billion commitment focused on strengthening its U.S. supply chain. As part of the initiative, Apple will also invest US$1.5 billion in Broadcom's manufacturing facility in Fort Collins, Colorado.

CMA CGM nears $1.4 billion deal for FedEx logistics unit, sources said

French container shipping ​group CMA CGM is nearing a deal ‌to buy FedEx's third-party logistics business for $1.4 billion in cash.

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