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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....
...Like a handful of other start-ups, C16 Biosciences is using a process called “precision fermentation” to produce palm oil....
...But since investors need to see a market for their product, its partner is a US firm, Yield10 Bioscience....
...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....
Contract manufacturer taking over iPhone assembly factory from Taiwanese rival Pegatron
...Merck has agreed to buy Prometheus Biosciences for $10.8bn as the US drugmaker bolsters it pipeline ahead of the possible loss of exclusivity over its best-selling cancer drug later this decade....
...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....
...“We don’t have a crystal ball so it’s difficult to predict with precision,” Musk said on a call with investors and analysts....
...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....
...One reason why synthetic tests have not been more widely adopted is a lack of standards on the use of rFC, according to Lonza, the Swiss-based biosciences company which has developed an alternative test....
...There was a bright spot at a unit that has plagued Berkshire: aerospace parts manufacturer Precision Castparts....
...On Sunday, Merck announced that it would acquire Prometheus Biosciences for $10.8bn. It is paying Prometheus shareholders a 72 per cent premium over the three-month average share price....
...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....
...Privately owned Firmenich last year announced a €41bn plan to merge with the Dutch ingredients and bioscience group DSM, which was approved by DSM shareholders in January....
...His company is working on healthcare deals in Indonesia, as well as precision engineering in Malaysia....
...In January 2020, it was forced to abandon its $1.2bn takeover of rival Pacific Biosciences following opposition from regulators....
...Novavax’s Stanley Erck will be replaced by John C Jacobs, most recently chief executive at Harmony Biosciences, this month; CureVac’s Franz-Werner Haas will be succeeded by Alexander Zehnder, a Sanofi veteran...
...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...
...The Future Fund has also taken stakes in advanced materials group Oxford Nanosystems, biotech firm Roslin Technologies, online pharmacy Phlo Technologies, Magnitude Biosciences, a life sciences company,...
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