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 · 2026-04-03T00:04:43+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

2026-04-03 00:04:43

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The U.S. launches a 337 investigation against Hisense and other companies

On April 2, the U.S. International Trade Commission (USITC) announced that it has voted to initiate a “337 investigation” into certain display devices, streaming media players, and their components. Companies subject to the investigation include multiple companies under Hisense, as well as Roku (Roku, Inc.), a company based in the United States that operates smart TVs and streaming media platforms, and Purple Tag Media Technology, with companies in Shanghai and Guangdong in China, and in Mexico.

Oracle starts large-scale layoffs

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