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Top news stories in October

Procurement Pro takes a look at the top news stories from October 2025.

China targets Qualcomm and US Ships

According to a Bloomberg report, China has introduced new port fees on US‑owned and US‑built vessels, alongside an antitrust investigation into Qualcomm, amid escalating tensions ahead of a planned meeting between Presidents Xi Jinping and Donald Trump.

TSMC reports strong Q3 on AI chip demand

Taiwan Semiconductor Manufacturing Company (TSMC) has announced a 30% year-on-year rise in third-quarter revenue, surpassing market expectations as demand for its products surged amid growing interest in artificial intelligence applications.


Dutch government takes control of Nexperia

The Dutch government has taken control of Nexperia, the Chinese-owned semiconductor manufacturer based in the Netherlands, following a ruling by the Dutch Enterprise Chamber and amid escalating geopolitical tensions surrounding technology and trade.

Keysight completes acquisition of Synopsys and Ansys

Keysight Technologies, Inc., announced the completion of its acquisition of the Optical Solutions Group from Synopsys, Inc. and PowerArtist from Ansys, Inc.

These acquisitions complement and expand Keysight’s design engineering software portfolio and computer-aided engineering capabilities, enabling customers to take innovative designs to market faster.

Avnet tops Q1 revenue forecasts

Avnet has made a fast start to its new financial year reporting Q1 revenues of $5.9 billion, up 3.3% year on year and 5.5% sequentially, propelled by strong performances by Farnell and in the Asia region.

Arrow Electronics’ revenues accelerate 13% in Q3

Arrow Electronics revenues grew 13% year over year to $7.71 billion in Q3.

Across the first nine months of its financial year revenues grew 8% to $22.1 billion.

Global component sales advanced 12% year on year to $5.55 billion and 3% in the financial year so far to $15.61 billion.

Temporary reprieve in trade tensions could be short-lived

The long-anticipated meeting between US President Donald Trump and Chinese President Xi Jinping in Busan, South Korea, has sparked cautious optimism across global markets.

Both leaders described the encounter as ‘constructive’ and ‘historic’, though much of the market reaction points to a tactical pause rather than a structural reset in the world’s most powerful economic relationship.

Managing Editor
Paige Hookway is the Managing Editor of Procurement Pro, where she brings over a decade of industry experience to shaping insightful, engaging, and forward-thinking content for the global electronics community. After graduating from the University of Greenwich with a 2:1 in English Literature, Paige blended her love of storytelling with a deep curiosity for technology – carving out a career that champions both innovation and the people behind it. Across her 10+ years in the sector, Paige has developed a strong reputation for uncovering emerging trends, translating complex concepts into accessible insights, and spotlighting the voices shaping the future of engineering. She is particularly passionate about encouraging the next generation of engineers and elevating women in tech narratives that inspire, empower, and drive meaningful change. When she’s not immersed in the latest engineering developments, Paige can be found wrapped up in a blanket with a cup of tea and a good book.