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Process, Production

Chip shortages force German carmakers to throttle production even as demand recovers

July 21, 2021

Via: The New York Times

The global semiconductor shortage is disrupting production in the German car industry just as demand rebounds strongly from the pandemic-induced downturn. Automakers Daimler and BMW said this week that the lack of chips had forced assembly lines to slow down […]


Industry Focus Areas, Medical

Medtech funding surges with early-stage deals

July 20, 2021

Via: MedTech Dive

The global healthcare sector attracted equity investment throughout the pandemic, and it is still pouring in. The April-to-June period marked the seventh straight quarter of increased funding, which reached $34.7 billion across nearly 1,600 deals in the period. Last year, […]


Regulations

To Be Successful, the Transition to Electric Vehicles Must Include American Manufacturing Workers

July 20, 2021

Via: Alliance for American Manufacturing

It’s vital that American manufacturing workers have a seat at the table as the United States transitions to an electric vehicle future, policymakers and other experts agreed during a panel discussion on Tuesday. Labor and industry leaders joined both state […]


Energy, Industry Focus Areas

Concentrated solar power and desalination combined

July 19, 2021

Via: Electronics Weekly

It is part of a project called ‘Desolination’, intended to improve the efficiency of both concentrator solar power and desalination. “Not only will improvement be made on the independent systems but also on their coupling taking advantage of the mutual […]


Aerospace & Defense, Industry Focus Areas

Lockheed Martin opens STAR Center manufacturing for Orion spacecraft

July 19, 2021

Via: Electronics Weekly

The STAR Center, says the company, will expand manufacturing, assembly and testing capacity for NASA’s Orion spacecraft programme and support future space exploration. The 55,000 square-foot space – in Titusville, Florida – will be a “digitally-transformed factory of the future” […]


Process, R & D

Servitization in Manufacturing: How to Stay on the Top

July 14, 2021

Via: Manufacturing Tomorrow

In 1980, the concept of servitization was popularized as a way for manufacturers to differentiate themselves from the market competition and become more relevant to the customer’s ongoing needs. Servitization is discussed mainly concerning manufacturing companies, but it can be […]


Process, Production

Taiwan and Korea host 40% of worldwide wafer capacity

July 14, 2021

Via: Electronics Weekly

The report looks at the total installed monthly capacity of fabs located in a region regardless of the headquarters location of the companies that own the fabs. For example, the wafer capacity that Samsung has installed in the U.S. is […]


News

EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC

July 13, 2021

Via: Transport Topics

Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion. The combined entity will get as much as $476 million […]


Aerospace & Defense, Industry Focus Areas, Process, Production

Boeing Faces New Dreamliner Production Problem

July 13, 2021

Via: The Wall Street Journal

A new production problem has surfaced with Boeing Co. ’s 787 Dreamliner, further delaying deliveries of the popular wide-body jets. Boeing expects the newly discovered defect to take at least three weeks to address, people familiar with the matter said. […]


News

1-in-5 manufacturers were victims of a cyberattack in last 12 months

July 12, 2021

Via: Today's Medical Developments

1-in-5 manufacturing companies in the U.S. and U.K. have been victims of a cyberattack in the last 12 months, according to the 2021 Manufacturing Cybersecurity Threat Index released by Morphisec. Of the 1-in-5, nearly a quarter (24%) report that cyberattacks […]