T Morning Report | The U.S. initiates Section 337 investigations against companies like Hisense; Oracle launches large-scale layoffs; Three departments hold talks with e-commerce platforms regarding illegal marketing of health products

WealthCoffee · 2026-04-04T00:05:18+00:00

The U.S. International Trade Commission has initiated a Section 337 investigation against Hisense and other companies, involving specific display devices and streaming media players. Additionally, Oracle has announced large-scale layoffs.

WealthCoffee

2026-04-04 00:05:18

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U.S. launches 337 investigation against companies such as Hisense

On April 2, the U.S. International Trade Commission (USITC) announced that it had voted to initiate a “337 investigation” into certain display devices, streaming media players, and their components. The companies targeted in this investigation include multiple companies under Hisense, and it also includes U.S. smart TV and streaming platform company Roku (Roku, Inc.), as well as Purple Tag Media Technology’s companies in Shanghai, Guangdong, China, and in Mexico.

Oracle launches large-scale layoffs

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