Weekend sourcing-adjacent reading selected by the Global Sources content team.
“The rise of conscious consumers has altered how brands compete, and ethical supply chains have become a source of competitive advantage as brands leverage prestigious certifications such as B Corp status to closely align themselves with mindful consumers who value sustainability, transparency and accountability. But what defines an ethical supply chain and what does it look like in practice?” Jerome Brustlein, COO of jewelry company Fenton, lays out for sourcing professionals how to keep an ethical supply chain on the straight and narrow.
Talk about mind over matter. Imagine typing with your mind, sharing thoughts without speaking or browsing on the internet by just focusing on where you want to go – that’s like telekinesis. One startup, Neurable, is using this brain-computer interface developed by Ramses Alcaide in brain-sensing headphones designed to let users know when they’re most focused and least likely to be productive. Alcaide hopes this brain tech will lead to more breakthroughs that will enable control of phones and other devices sans touch and voice.
India is planning to offer $1 billion to each semiconductor company willing to set up manufacturing units in the country. The current second largest mobile manufacturer in the world after China is determined to take the “Make in India” up a notch by offering cash incentives.
According to a senior government official, locally made chips will be categorized as “trusted sources” and can be used in products ranging from CCTV cameras to 5G equipment. With this new policy, the country is hoping to reduce its dependence on China for chips used in electronics and telecom industry.
Fred Rocafort writes on China Law Blog about the basics of trademarks in the PRC – his “elevator pitch.” Read the whole thing, but here his five key bullet points:
- By far the most important thing to know about the subject is that China is a “first to file” country.
- Hong Kong and Macau (and of course Taiwan) have separate trademark systems from that of Mainland China.
- Companies need to consider exactly what it is that they want to trademark.
- Companies need to take a long-term approach to their China trademark filings.
- Finally, trademark registration in China will almost always be advisable even for companies that are only manufacturing in China.
That’s all for this edition of the Friday links – have a great weekend.