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Foxconn is offering a signing bonus worth up to US$1,237 to former workers willing to return to its production line in Zhengzhou for the peak season. Apple’s new iPhone 13 line is expected to be launched in the third week of September.
GRUENHEIDE, Germany (Reuters) - Next Thursday, July 1, was supposed to be a day of celebration for Tesla: the opening of its self-styled "gigafactory" in the tranquil German municipality of Gruenheide, just outside Berlin.
FRANKFURT (Reuters) - Growth in Germany's battery sector doubled to 35% last year led by demand for lithium-ion batteries for electric cars, data showed on Wednesday.
China’s factories are turning to automation to upgrade production lines, and at the same time prepare for fewer, higher-skilled workers. Chinese manufacturing companies like Midea have already embraced automation to sharply reduce the number of humans needed.
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Thursday it would invest 171 trillion won ($151.10 billion) in non-memory chips through 2030, raising its previous investment target of 133 trillion won announced in 2019.
SEOUL (Reuters) -Samsung Electronics on Thursday raised its planned investment in non-memory chips to 171 trillion won ($151 billion) through 2030, joining a rush of firms ramping up investments amid a global semiconductor shortage.
(Reuters) -A cyberattack that shut the largest U.S. gasoline pipeline and jeopardized supplies from Gulf Coast refining centers to cities including Washington, D.C., Baltimore and Atlanta put energy security back in the spotlight.
BERLIN (Reuters) - Germany has boomed on the back of globalisation, but now the worldwide web of supply chains that turbo-charged its economy could prove a critical weakness.
LONDON (Reuters) - Matchbox is launching a new series of toy cars based on real-life electric and hybrid vehicles, in a bid to make its miniatures more sustainable and to raise awareness among children of the environmental impact of motoring.
(Reuters) - Minnesota-based Polar Semiconductor makes chips for automakers and is booked beyond capacity. But expanding production lines to help solve a chip shortage that is shutting down car factories around the world is not feasible - in part due to the scarcity of older-style chipmaking machinery.