Taiwan’s Vanguard to hasten construction of Singapore factory
Taiwan’s Vanguard International Semiconductor said on Friday (Apr 11) it will speed up construction of its 12-inch wafer fab in ...
Tag: Factory
General Motors Goes for Job Cuts at Its Factory Zero as Carmakers Grapple to ramp up Domestic Production Amid Trump’s Tariffs
General Motors is making a shift in its U.S.-based electric vehicle plans. The company is temporarily laying off 200 employees ...
Apple plans Texas factory for AI servers, 20,000 research jobs
APPLE on Monday (Feb 24) said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to ...
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion eurosSiemens ...
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries ...
STI jumps more than 1% on improved factory activity; bank shares advance
SINGAPORE shares were up more than 1 per cent on Tuesday (Dec 3) afternoon, as China’s central bank reiterated plans ...
EV maker Lion Electric wins temporary creditor relief, halts US factory
ELECTRIC bus manufacturer Lion Electric is temporarily laying off about 400 workers and halting operations at its Illinois factory to ...
GM plans layoffs of two-thirds of workers at Kansas factory
GENERAL Motors (GM) said it will temporarily lay off two-thirds of the workers at its Fairfax assembly plant in Kansas ...
Kirin-backed Indian brewer seeks more clout with new factory
AN Indian craft brewer backed by Japan’s Kirin Holdings wants to overtake entrenched global brands by building a US$70 million ...
VinFast delays launch of US factory, revs up debut of Asian plants
Its move comes amid a price war in the EV market and the rise in China-made EVs, among other factors. ...
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