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Initial hopes of 1mn shipments in 2024 launch year dashed by manufacturing problems
...Oil producers hedge prices in futures and other derivatives markets to guard against price drops and ensure they have cash to fund drilling, debt payments and other expenses....
...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....
...Sales at Precision Castparts, an aeroplane parts manufacturer that supplies Boeing, jumped 10 per cent to $2.5bn....
...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
...In the classroom, he drilled into us an appreciation of poetic precision....
...worked with him as even-keeled and analytical, Abel had already assumed greater responsibility for Berkshire’s businesses since he was promoted to the board in 2018, taking oversight of companies including Precision...
...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....
...Rival Precision Drilling said on a recent call with analysts that it plans to shift rigs north of the border to Canada....
...The UK Labour party has vowed a tougher stance on new oil and gas drilling if it wins power in elections next year, as polls suggest it would. Rivals such as Harbour are looking to diversify abroad....
...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....
...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....
...That cash flow is being ploughed into both drilling and carbon capture technology, including CO₂ sequestration facilities, transport pipelines and storage concentrated along the Gulf of Mexico coast....
...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....
...His company is working on healthcare deals in Indonesia, as well as precision engineering in Malaysia....
...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...
...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....
...A version of this article was first published by Nikkei Asia on June 22. ©2023 Nikkei Inc. All rights reserved....
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