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...Cook pioneered Apple’s shift of its supply chain from the US to China, establishing manufacturing of its iPhones, AirPods, Macs and iPads in the country....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...At the same time, Apple is diversifying its manufacturing away from China. Tim Cook, Apple’s chief executive, is visiting Vietnam this week as the iPhone maker plans to increase its supply chain there....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...The downturn in the eurozone’s struggling economy is easing, according to a closely tracked business survey, which found a stabilisation of activity at services companies offset a steep decline in manufacturing...
...Throwing more resources at moonshots might be encouraging for those who see Tesla’s car manufacturing business as the stub of a Jetson’s-based investment case but everyone else is likely to be “increasingly...
...Its grip on solar manufacturing is expected to remain largely unchallenged through the end of the decade....
...The US healthcare company said on Friday that it would pay $335 a share in cash to acquire Shockwave, which specialises in manufacturing a catheter-based treatment for patients with calcified arteries....
...Tesla has paused production and evacuated its only European car manufacturing plant after a suspected arson attack on a nearby electricity pylon caused widespread power cuts....
...Its role has been under scrutiny over the past year amid manufacturing problems. Homendy said pilots had reported pressurisation warnings on three flights in the month before the incident....
...In recent months, Beijing has redirected resources to the manufacturing and high-tech sectors....
...As integral to the region’s manufacturing history as the nearby Harland & Wolff shipyard that built the Titanic, the Shorts plant is owned by Spirit AeroSystems, a key supplier to Airbus....
...The move is a blow to Boeing, which has struggled with manufacturing defects on the 737....
...Taiwan Semiconductor Manufacturing Co and Foxconn are not the only Taiwanese tech companies feeling compelled to expand abroad....
...“But since the existing chip manufacturing processes are optimised for EUVs, there will obviously be various difficulties in terms of bringing in new technology.”...
...We got a fresh reminder of this yesterday, with an above-expectations ISM survey showing US manufacturing expanding for the first time in a year and a half....
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
...Its role has been under scrutiny over the past year amid on-going manufacturing problems. Homendy said pilots had reported pressurisation warnings on three flights in the month before the incident....
...Comparing the sensitivities of equity markets to PMI changes, we find Emerging Markets the most sensitive to PMI changes, and that markets in Europe appear more sensitive to shifts in manufacturing PMIs...
...Yet for long-term regulatory and political reasons, component manufacturing might be most optimal when performed in-house....
...(Ethan Wu) One good read More on China’s pivot to manufacturing....
...It was spun out of Boeing in 2005 as the US group looked to shift fixed costs of its manufacturing facilities and labour to the variable cost of procuring parts from a supplier....
...He’s letter comes at a time Brussels and Washington are increasingly concerned about excessive electric vehicle manufacturing capacity in China....
...In the business world, Japan’s manufacturing industry has been roiled by distressing news since around the end of 2023....
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