The UK's HMRC tax authority announces a 10-year, £175M deal to use London-based Quantexa's AI tech to help identify fraud incidents and fix tax return errors
HM Revenue and Customs has announced a 10-year, £175m deal with the British tech firm Quantexa to provide AI-powered technology to help improve its performance.
CBP data: between April and June 2025, CBP searched 14,899 devices carried by international travelers, up from a record 12,766+ between January and March 2022
Customs and Border Protection agents searched nearly 15,000 devices from April through June of this year, a nearly 17 percent spike …
Customs data shows Foxconn exported $3.2B worth of iPhones from India between March and May, with an average 97% to the US, up from a 2024 average of 50.3%
Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed …
Customs data: China's chip production tool imports totaled nearly $5B in June and July 2023, up 70% YoY from $2.9B, mostly coming from the Netherlands and Japan
Financial Times :
Customs data shows China's chip imports fell 22% YoY during H1 2023 and chipmaking equipment imports fell 23% YoY, suggesting US export restrictions are working
Wall Street Journal :
Customs data: Russia imported $570M worth of US chips from Hong Kong and mainland China from February 24, 2022 to December 31, 2022, despite US sanctions
Nikkei Asia :
Customs data: London-based Mykines shipped ~$1.2B of chips, servers, and other electronics to Russia, at least $982M of which are subject to export restrictions
including mobile phones, laptops, circuit boards and semiconductors — to Russia since February 2022. https://www.ft.com/... Richard Shearman / @dickshearman : Sanctions UK style: ‘Significant control’...
Customs data: London-based Mykines shipped ~$1.2B of chips, servers, and other electronics into Russia, at least $982M of which are subject to export controls
including mobile phones, laptops, circuit boards and semiconductors — to Russia since February 2022. https://www.ft.com/... Richard Shearman / @dickshearman : Sanctions UK style: ‘Significant control’...
Customs data shows China's chip imports fell 15% to 538.4B units in 2022, the first annual drop since at least 2004, after growing 17% in 2021 and 22% in 2020
China's imports of integrated circuits declined in 2022 for the first time in almost two decades.
Customs data: Chinese companies imported $2.3B worth of semiconductor manufacturing machines in November, down 40% YoY and the lowest level since May 2020
Bloomberg : Tweets: @martijnrasser Tweets: Martijn Rasser / @martijnrasser : China's purchases of machines to make computer chips contracted in November to their lowest in more than two years, hammer...