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...The plans, which remain preliminary in most cases, highlight how global efforts to secure supply chains are forcing companies that play a vital role in manufacturing networks, especially for tech products...
...British officials and their industry advisers have conceded that large-scale manufacturing of cutting-edge chips such as those produced by Taiwan Semiconductor Manufacturing Company or Samsung Electronics...
...India, one of the world’s fastest-growing economies, is earmarking billions of dollars in subsidies for EV manufacturing, renewable technology and electronics that rely on supplies of critical minerals....
...Taiwan Semiconductor Manufacturing Co and Foxconn are not the only Taiwanese tech companies feeling compelled to expand abroad....
...The 1,000-acre site, a $91bn investment by chipmaker SK Hynix, will itself only be one part of a $471bn “mega cluster” at Yongin that will include an investment of 300tn won ($220bn) by Samsung Electronics...
...US statistics show a stunning 15-fold increase in construction of manufacturing facilities for computing and electronics devices....
...Such a sharp rise would push up overall global inflation nearly 1 percentage point, it said....
...Samsung Electronics will produce the latest generation of semiconductors in the US two years ahead of its rival Taiwan Semiconductor Manufacturing Company, in a further boost to President Joe Biden’s efforts...
...Australia’s traditional manufacturing industry has been in sharp decline since the 1970s when the country forged trade relations with China and opened up its economy to imports....
...A new Big Read discusses what’s next as the country tries to reduce its dependence on manufacturing....
...“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 Company has reported an 8.9 per cent increase in net profit for the first quarter of 2024 compared with the same period last year....
...But much of the problem is company specific. Samsung has lagged peers in two of the hottest areas in the industry: chip contract manufacturing and AI chip-related technology....
...They say the electronic components companies that supply several technology, telecoms and defence companies knowingly purchase laundered minerals from Rwanda....
...Widening the scope of its contract manufacturing business beyond its core consumer electronics activities will help margins....
...The country’s benchmark Kospi climbed 1.6 per cent, with Histeel — a steel pipe manufacturing company — leading gains....
...Lee added that Samsung’s lossmaking chip foundry business was still weighing on the company’s earnings, but he expected the contract manufacturing division to turn profitable in the second half of this year...
...bring forward the launch of “more affordable” models of its electric vehicles, helping its stock recover some of its recent losses despite reporting a 9 per cent decline in first-quarter revenue amid a sharp...
...battery manufacturing....
...“Reining them in, by definition, means a sharp reduction in economic activity,” he says....
...“We do not rule out the option to later turn this facility into manufacturing lines for making PCs.” The three companies’ plans for India come amid dramatic policy shifts in the country....
...The export revenues fall in March follows a sharp increase in January and February that was driven by a rebound in the electronics cycle and greater shipments to countries such as Russia....
...Germany’s economy has barely grown since the coronavirus pandemic struck in 2020 after a sharp slowdown in its vast manufacturing sector was exacerbated by a rise in energy prices since Russia’s invasion...
...But workers at one of the region’s most valuable companies, Samsung Electronics, could soon break the mould....
...Nvidia and AMD supplier Kinsus Interconnect Technology is considering building a substrate manufacturing facility in Penang, Malaysia, potentially joining a string of companies moving into the country’s...
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