Tag: Featured

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 19, 2020

BANGKOK — General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production facilities in the country, a government official said on Wednesday. GM said on Monday it would sell its […]

February 18, 2020

Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China […]

February 17, 2020

(Reuters) – British nanotechnology company Nanoco said on Monday it has filed a patent infringement lawsuit against Samsung Electronics Co and affiliates in a district court in Texas relating to quantum dots. Nanoco, which produces quantum dots that are used […]

February 17, 2020

WASHINGTON (Reuters) – The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC (2330.TW), the world’s largest contract chipmaker, two sources familiar with the matter […]

February 13, 2020

NEW YORK (Reuters) – A federal judge on Wednesday said he was prepared to approve Philadelphia Energy Solutions’ bankruptcy plan which includes the sale of the largest East Coast oil refinery to a Chicago real estate developer for $252 million. […]

February 12, 2020

The U.S. Department of Energy (DOE) announced approximately $187 million in funding, including $48 million of cost share, for 55 projects in 25 states to support innovative advanced manufacturing research and development. These projects address high-impact manufacturing technology, materials, and […]

February 11, 2020

U.S. companies installed fewer robots in 2019 than they did the year before, the first cut back since 2015, as a downturn in manufacturing fueled by trade wars and weaker demand dampened appetite for the machines. Shipments fell to 23,758, […]

February 10, 2020

Below are details on carmakers’ plans (in alphabetical order) as compiled by Reuters: BMW’s China venture with Brilliance said on February 5 the Chinese firm planned to restart production on February 17. Daimler said on February 3 it plans to […]

February 10, 2020

Taiwan’s Foxconn, the world’s largest contract electronics maker, got the green light to restart production in the eastern central Chinese city of Zhengzhou, said the person with direct knowledge of the matter. The company, however, has not yet been allowed […]