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...Alternative asset managers have increasingly been helping companies to hive off large infrastructure assets in need of heavy new investment outside of their balance sheets....
...Samsung and SK operate their own memory chip plants in China, which account for about half of their production capacity....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...The chair, who served as the company’s fifth president until 2021, said the Singapore plant had been playing a key decision-making role in the company’s global operations....
...As Lynch noted, you know more about things you use: an improved website or new gadget is more likely to be on your radar than, say, changing processes at a chemical plant....
...The company was “still convinced that the logistical optimisation of the factory would be a big win for the community”, adding it would “agree on further steps together with all those concerned, on the basis...
...The FT last week reported that Tesla was scouting locations in India for a new EV plant in which it would invest $2bn-$3bn. The company has been through previous rounds of job cuts....
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
...Acter builds electronics plants and clean rooms for tech companies such as Foxconn, Delta Electronics, Wistron and ASE Technology....
...the company as Spirit a year later....
...Spirit’s chief executive told investors recently that visitors to Spirit’s plant would not be able to tell if a particular employee worked at one company or the other....
...The company recently sold its iPhone assembly plant in the country to local conglomerate Tata....
...Wall Street had been expecting the latest quarter to mark a low point in Tesla’s profit margins, following price cuts the company made to stoke demand earlier in the year....
...Shares in Beyond Meat, for instance, surged after its 2019 initial public offering, with the company’s market capitalisation hitting almost $12bn....
...While the company pointed to several issues that blighted the first quarter, including disruption in the Red Sea supply route that forced its Berlin plant to halt production, former executives and analysts...
...of Lee’s excellent journalism in forthcoming editions of this newsletter; for a taste of what to expect, check out her investigation for The American Prospect into safety conditions at a giant TSMC chip plant...
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...MPs challenge government claims China cyber attack was unsuccessful (FT) Indonesia nickel concerns stoked by corruption and land disputes (Nikkei Asia) South Korea’s SK Hynix to build $3.9bn AI chip plant...
...The company has a plant in Nevada and is building a second one in Kansas. Panasonic recently ended its talks with the Oklahoma government about investing in the state....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...Ultimately, the company is planning to quadruple its EV battery capacity annually by 2031, mainly in North America....
...JD Vargas, a partner at EQT, said the expected opening of large plants by companies such as Tesla, Albermarle, Eli Lilly, Chevron and BASF would add to waste infrastructure demand....
...The first deliveries will therefore be for trial periods, with Canon having to convince customers that the effort of integrating the new machines into existing fabrication plants is worthwhile....
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