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...Price pressures also picked up, as services companies passed on higher wage costs....
...But the company was ultimately unable to get permission to operate locally....
...The move is a blow to Boeing, which has struggled with manufacturing defects on the 737....
...Last April, Boeing discovered that Spirit had improperly installed two fittings on the vertical stabiliser on the 737, forcing the jet maker to delay deliveries to customers....
...He had previously said the Model 2 would require a new “revolutionary manufacturing system” at factories in Austin, Texas, as well as in Mexico....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...China dominates manufacturing, making more than half of all electric or plug-in hybrid cars, compared with just 10 per cent of traditional engine-driven vehicles....
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...Analysts are predicting they will show the lowest gross margin since early 2017, when it had just begun manufacturing its first mass-market car, the Model 3....
...Now the company has resumed one of those projects: increasing in-house manufacturing to shorten delivery times....
...Last April, Boeing announced that its supplier, and former subsidiary, Spirit AeroSystems, had improperly installed two fittings on the fuselage of certain models of the 737 Max, delaying deliveries....
...But there haven been other manufacturing problems in recent years....
...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....
...In a statement, Matt van Buren, CBRE’s New York tri-state president, thanked Stacom, saying: “During her more than 20 years here, Darcy drove some of New York’s most iconic transactions and has been a champion...
...Spirit was already under scrutiny for having improperly installed two fittings on 737 Max fuselages and drilling other holes wrongly....
...It shipped Maxes with first improperly installed fittings on the vertical stabiliser, then four months later incorrectly drilled holes in the rear pressure bulkhead....
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...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....
...Taiwan Semiconductor Manufacturing Co and Foxconn are not the only Taiwanese tech companies feeling compelled to expand abroad....
...His ambition is to use the latter to restore the UK’s once proud textile manufacturing industry....
...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....
...“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...
...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....
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