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...Modi has earmarked billions of dollars’ worth of government subsidies to promote manufacturing, including in critical industries such as EVs, where India’s geopolitical rival China has a strong lead....
...includes a plan to build an “advanced chip packaging” facility, that will bring the US a big step closer to being able to manufacture cutting-edge artificial intelligence chips on home soil.The Korean company...
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...Taiwan Semiconductor Manufacturing Co and Foxconn are not the only Taiwanese tech companies feeling compelled to expand abroad....
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...Duke Energy, a US utility company, said on Wednesday it had disconnected CATL batteries on the military base, Marine Corps Base Camp Lejeune, as a result of the concerns....
...Now the company has resumed one of those projects: increasing in-house manufacturing to shorten delivery times....
...Those rumours intensified after it granted Intel $8.5bn to beef up chip manufacturing in the country....
...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....
...(Ethan Wu) One good read More on China’s pivot to manufacturing....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...It isn’t to Airbus — the A220 only represents about 7 per cent of the company’s annual commercial aircraft revenues,” said Tusa....
...Yet for long-term regulatory and political reasons, component manufacturing might be most optimal when performed in-house....
...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...
...But the machines made by the Dutch tech company are also the most expensive part of the manufacturing process, costing more than $150mn each, and there are long lead times for delivery, giving Canon some...
...Boeing has called a company-wide safety meeting for Tuesday to discuss its response to the incident....
...The move is a blow to Boeing, which has struggled with manufacturing defects on the 737....
...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....
...Its grip on solar manufacturing is expected to remain largely unchallenged through the end of the decade....
...He has spent years tying the company’s fortunes to China and built a supply chain that is heavily dependent on factories in Shenzhen and Zhengzhou — although the company is now trying to diversify manufacturing...
...He’s letter comes at a time Brussels and Washington are increasingly concerned about excessive electric vehicle manufacturing capacity in China....
...They are then shipped to Taiwan, where they are integrated by Taiwan Semiconductor Manufacturing Company into Nvidia’s GPUs alongside other TSMC-made processors....
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