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Initial hopes of 1mn shipments in 2024 launch year dashed by manufacturing problems
...Apple is set to sign its first big order with Luxshare Precision, a competitor to both Foxconn and Taiwan’s Pegatron, according to three people familiar with the situation....
...Cook spent Wednesday meeting Apple’s Chinese suppliers, including the head of electric-car maker BYD and executives from Lens Technology and Changying Precision Technology....
...In the middle, a tangle of financial plumbing makes that happen. The fintech assault has so far succeeded at the start of that chain, helping merchants take payments more cheaply and easily....
Contract manufacturer taking over iPhone assembly factory from Taiwanese rival Pegatron
...Her detailed legal analysis — as well as an in-depth look at the financial plumbing of Musk’s unprecedented pay deal — is the backbone of the specialised Delaware Court of Chancery....
...They must also meet the highest standards of safety, quality, and precision. Two, minimising the environmental impact of our operations. Three, creating new ways to keep Lego bricks in play....
...In the background, the pipes and plumbing that make this possible have grown increasingly complicated and fragmented....
...“We don’t have a crystal ball so it’s difficult to predict with precision,” Musk said on a call with investors and analysts....
...Smart reads Blood in the water Thames Water’s convoluted financial plumbing is unlikely to do it any favours as the indebted utility prepares to explain itself to an angry parliamentary committee, the FT...
...Shenzhen-based Luxshare Precision Industry has won favour and increasing business with the iPhone maker in part by being prepared to test “crazy” ideas in its factories, according to an Apple supply chain...
...But when paired with the vast amounts of customer data that is already enabling targeted advertising, executives say what has so far been a blunt tool can become a precision industry....
...The company’s operating businesses, which span the BNSF railroad, Geico insurer and aircraft parts maker Precision Castparts, reported a 41 per cent rise in profits to $10.8bn....
...Aqueducts, which is of course plumbing that we know. Sanitation. Roads — every time you’re on a road, you can thank a Roman. Social care, that was designed by the Romans....
...There was a bright spot at a unit that has plagued Berkshire: aerospace parts manufacturer Precision Castparts....
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...One AirPod at a time, Chinese supplier Luxshare Precision is taking on the world. The company’s plan to become Apple’s main supplier has almost been achieved....
...The assembly process poses one of the biggest obstacles since layers of cathode–anode cells need to be stacked quickly and with high precision, without damaging the materials....
...In fact, the plumbing of the financial system is extremely complicated. Banks are doing millions of transactions a day. 99.999% of the time, it works out OK....
...His company is working on healthcare deals in Indonesia, as well as precision engineering in Malaysia....
...They provide the hidden plumbing allowing consumers to make mundane everyday transactions with a tap, swipe or click. Their shares have been anything but invisible....
...The impact of higher interest rates and slower economic growth was evident across the businesses, which span the Dairy Queen ice cream purveyor, aeroplane parts manufacturer Precision Castparts and the BNSF...
...In a sign of the potential, last year BHE announced it would develop a manufacturing site powered by renewable energy, with Berkshire-owned metal components group Precision Castparts agreeing to be the first...
...A version of this article was first published by Nikkei Asia on June 22. ©2023 Nikkei Inc. All rights reserved....
...China’s Luxshare Precision, founded by former Foxconn veteran Grace Wang, is making significant inroads in Apple’s supply chain. This attacks the stronghold of Foxconn founder Terry Gou....
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