Category: Logistics

March 19, 2020

China’s Xiaomi had resumed operations for over 80% of its supply chain as of Thursday in the wake of the country’s coronavirus outbreak, the company’s president said. Wang Xiang told an online media briefing that the company was still very […]

March 10, 2020

FRANKFURT — European auto manufacturers have so far defied expectations that supply chain chaos would bring their assembly lines to a standstill. Even after northern Italy, an important node in the global parts network, went into lockdown on Sunday, carmakers […]

March 5, 2020

FRANKFURT/BERLIN — Continental said it would step up cost savings after posting a drop in adjusted profit and a 1.2 billion-euro ($1.3 billion) net loss in 2019 as worldwide vehicle demand slumped. Cost-cut plans will be presented in May because […]

March 5, 2020

Apple’s manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business. The Taiwanese company, which assembles Apple’s iPhones, saw revenue sink 18.1% in […]

February 21, 2020

The coronavirus has had little effect on the semiconductor industry says Omdia – a newly set up tech analyst company formed by IHS Markit and Informa Tech. The semiconductor industry appears to have escaped the direct impact of the coronavirus […]

February 20, 2020

The power of trust is what binds manufacturers and their distribution channel partners to honor their commitments with each other’s best interests. Lately, however, that trust is strained as revenue growth shrinks across the supply chain. According to McKinsey & […]

February 14, 2020

The world’s top-five wafer capacity leaders each had capacity of more than 1,000,000 wafer starts per month at the end of 2019 with the combined capacity of the top five companies representing 53% of total global wafer capacity, says IC […]

February 11, 2020

PALM BEACH, Florida, Feb. 11, 2020 /PRNewswire/ — There is no doubt that the global medical device market has been showing outstanding growth for the last few years and that it will continue to do so in the near future… […]

January 31, 2020

The global manufacturing execution system market is anticipated to witness a surge in its demand due to increase in manufacturing sector and rapid advancement in industrial automation during the forecast period 2017-2025. The industrial and manufacturing sector is experiencing a […]

January 6, 2020

DETROIT — U.S. auto sales declined more than 1 percent in 2019 but topped 17 million for an unprecedented fifth consecutive year. Ford Motor Co., the final automaker to report its results, said its fourth-quarter sales slipped 1.3 percent to […]