CALBEE (OTC:CBCFF) Stock, Quote.Headers.trade-ideas

Calbee, listed in 2011, is a leader in Japan's snack food industry with nearly 54% of the domestic market. Potato snacks, including chips and the company's original Jagarico and Jagabee potato strips, are a core strength, demonstrated by a dominant 71% share in potato chips. Growth in the Frugra brand, the best-selling cereal product with a 38% share in the domestic cereal market, is the latest growth driver in China. The overseas business, constituting 16% of group sales, has been undergoing restructuring since the partnership with Tingyi and PepsiCo unwound. Apart from China and the U.S., Indonesia and the U.K. are emerging as new growth drivers. Easing competition should end losses in Indonesia while the integration of Calbee U.K. and Seabrook will enhance cost efficiencies.

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The Biden administration announced new rule on foreign chip equipment exports to China, with exemptions for key allies. AI policy, child online safety, and tech transfer also in focus.

Consumer Tech News (Jul 28-Aug 3): Biden Administration New Rule On Chip Export, Trump &amp; Harris Contrasting Views On AI &amp; More

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Japanese snack giant Calbee is collaborating with Silicon Valley-based Pegasus Tech to integrate AI into their snack production process, aiming to develop healthier snacks, streamline production, and innovate business models.

Snack Giant Pairs Up With Silicon Valley: How AI Will Be Used To Make New Potato Chips Among Other Healthier And Greener Treats

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CALBEE (OTC:CBCFF) Stock, Quote.Headers.trade-ideas