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...The company’s manufacturing processes needed a thorough review, said Clark, adding that its management should put aside concerns about financial performance....
...Chinese companies....
...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....
...He said he had discussed with Li the need for “fair competition . . . equal market access, the protection of intellectual property and the necessity for reliable legal conditions”....
...But the company was ultimately unable to get permission to operate locally....
...They are also worried by the lack of reliable and fast charging networks....
...But the company cannot wait around for tax refund season....
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...“We are hard-pressed to think of any other precedent of a company of Tesla’s size basing its path of success on such binary bets,” writes Barclays, apropos the latest thing:https://twitter.com/elonmusk/status...
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...Now the company has resumed one of those projects: increasing in-house manufacturing to shorten delivery times....
...Saab said that in the long run, companies might have to consider alternative ways of manufacturing critical materials to secure Europe’s “ammunition ecosystem”....
...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....
...Its profitability has historically hinged on the once reliable Japanese yearning to visit the Aloha state and is now suffering as cost concerns have tempered that....
...Taiwan Semiconductor Manufacturing Co and Foxconn are not the only Taiwanese tech companies feeling compelled to expand abroad....
...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....
...Boeing has called a company-wide safety meeting for Tuesday to discuss its response to the incident....
...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...
...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....
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