News Snapshot:
- Silicon Valley-based Roku is the winner of an unexpected trade war as TV sellers are competing to import Chinese-made “smart” TVs. - Many made in China The TV is equipped with Roku -As a result, streaming technology makers have overtaken Samsung and LG in the North American market for smart TVs or Internet-enabled TVs. - Driven by a surge in smart TV sales, Roku’s stock surged 260% this year. President Donald Trump’s trade war with China is backing Silicon Valley streaming tech provider Roku, but not what the White House intended.Reason: U.S. electronics manufacturers and retailers are competing to...
