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...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....
...Since the V100 was released, chips have become significantly more advanced, enabling the creation of OpenAI’s ChatGPT....
...Chipmakers Semiconductor Manufacturing International (SMIC), Hua Hong Semiconductor and Huawei, as well as equipment suppliers Naura and Advanced Micro-Fabrication Equipment Inc China, will be among those...
...Yet for long-term regulatory and political reasons, component manufacturing might be most optimal when performed in-house....
...At the same time, though, the concentration of wealth creation at the very top few businesses has increased since 2016. So the structure of the corporate economy may be changing....
...A version of this article was first published by Nikkei Asia on November 23. ©2023 Nikkei Inc. All rights reserved....
...Another frequently asked question was whether geopolitical uncertainty will lead to the creation of a truly diversified supply chain....
...The government announced the creation of the VMIC in 2018 to develop and make vaccines in the UK, as part of efforts to deal with future epidemics....
...Guerrée is excited to be showcasing his sculptural creations in his hometown – and at his favourite Parisian art gallery....
...On either side of its white steeple stand houses and shops with bricked-up windows, no roofs and tropical vegetation sprouting....
...Foxconn, a critical manufacturing partner of Apple, has long been rumoured to harbour aspirations to enter the chip sector....
...With the exception of Roblox, an online gaming and game creation platform, there are few obvious “pure play” holdings....
...The AmBisome supply problem has been exacerbated by the diversion of some manufacturing capacity to produce another Gilead Covid-19 drug, remdesivir....
...Flex The legal team at US diversified manufacturing business Flex has invested heavily in improving contracting processes....
...The relocations will benefit the Vietnam economy through the creation of manufacturing jobs. These should be relatively well-paid for a country where the average annual income was $2,800 in 2020....
...A version of this article was first published by Nikkei Asia on August 25 2022. ©2022 Nikkei Inc. All rights reserved....
...Widodo’s signature “omnibus law” that loosened employment regulations to help job creation has encouraged more foreign investment, as some producers diversify manufacturing away from China....
...So, the entire world’s creation pipeline is digital and then it’s brought to the physical world....
...Beijing, which took possession of Hong Kong in 1997, sees the city — and particularly its global financial services industry — as a linchpin of the Greater Bay Area, an 11-city megalopolis comprising China’s manufacturing...
...That raises the question of how much of the value creation is really the product of the aggressive stimulus policies adopted by western governments....
...Furthermore, the overuse of antibiotics in humans, animals and even plants, combined with poor manufacturing practices and hospital hygiene, has led to a surge in drug-resistant microbes....
...Disguising itself as a mere test about the survival of the fittest, it transcends genres and, like with any original creation worth its salt, you lose the world while it lasts....
...Joe Biden’s top vaccine diplomat has urged Covid-19 vaccine makers in the US to support the development of low-cost manufacturing hubs overseas to boost the production of cheaper jabs for developing countries...
...Straubel, who co-founded Tesla in 2003, was its chief technology officer for 15 years, playing instrumental roles in everything from the creation of Tesla’s first powertrains to building the Gigafactory....
...Merck has already signed a voluntary licensing deal with the Medicines Patent Pool, a UN-backed public organisation, to boost low-cost generic manufacturing for developing countries....
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