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Photo: Seth James DeMoor / Wikimedia Commons (CC BY 3.0)

Nike plans prune thousands online distributors in China

Nike plans to phase out thousands of online distributors in China starting January, shifting its digital footprint to the company’s official site and app as well as its storefronts on Tmall, JD.com, and Douyin to curb fragmentation and regain pricing control. Executives say the move will provide a single, consistent brand experience and direct consumer journeys, though some analysts warn it could worsen near-term revenue in a region that has already seen declines.

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Intel foundry lands first named external customer Fortinet

{"summary":"Intel secures Fortinet as its first named external silicon customer for a security-focused ASIC, the Fortinet Security Processor 6 (SP6), to be manufactured on the Intel 4 process, highlighting a strategic shift toward external foundry work and potential chiplet-based design for security workloads. Details on production timelines and specifications remain forthcoming, underscoring a broader push to justify capital-expenditure in domestic fabs and expand collaboration with cybersecurity partners.","summary_sources": []}

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