Factory

Asia: Markets struggle as trade war hits China factory activity
Asia: Markets struggle as trade war hits China factory activity
[HONG KONG] Stocks started limply on Wednesday as investors struggled to match Wall Street’s rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly...
Toyota inks deal for wholly owned Lexus factory in Shanghai
Toyota inks deal for wholly owned Lexus factory in Shanghai
[SHANGHAI] Toyota Motor is set to become only the second carmaker after Tesla to operate a wholly owned factory in China after it formally agreed this week on a...
Vietnam’s VinFast to open India factory June 30, Indonesia plant in October
Vietnam’s VinFast to open India factory June 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028Published Thu, Apr 24, 2025 · 12:24 PM[HANOI] Vietnamese electric vehicle...
Vietnam’s VinFast to open India factory June 30, Indonesia plant in October
Vietnam’s VinFast to open India factory Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028Published Thu, Apr 24, 2025 · 12:24 PM[HANOI] Vietnamese electric vehicle...
Taiwan’s Vanguard to hasten construction of Singapore factory
Taiwan’s Vanguard to hasten construction of Singapore factory
[TAIPEI] Taiwan’s Vanguard International Semiconductor said on Friday (Apr 11) it will speed up construction of its 12-inch wafer fab in Singapore as geopolitical risks prompt customers to seek...
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 at Factory Zero, its Detroit-based plant dedicated to EVs....
Apple plans Texas factory for AI servers, 20,000 research jobs
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 build artificial intelligence servers and will add about 20,000...
Siemens posts better than expected profit despite weakness at factory automation
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 reported better than expected profit for its latest quarter...
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
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 in Zaragoza in northern Spain, they said on Tuesday...
STI jumps more than 1% on improved factory activity; bank shares advance
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 to boost the economy to promote growth in 2025.The...