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TOKYO: Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday.
Tek Seng Holdings' group managing director Loh Kok Beng told StarBiz that the group would spend RM237mil on its existing premise this year to add five more production lines and a facility in Penang Science Park to increase the production capacity to 740MW by the third quarter
HANOI: Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan 15, three sources with knowledge of the matter said.
NEW YORK: Global benchmark Brent crude surged nearly US$2 a barrel on Thursday, lifted by concern about a steep drop in exports from Venezuela and worries the Organization of Petroleum Exporting Countries (Opec) may not raise production at its meeting this month
TAIPEI: Foxconn Technology Group Chairman Terry Gou said the iPhone will go into mass production in India this year, a shift for the largest assembler of Apple Inc.’s handsets that has long concentrated production in China.
KUCHING: South Korea’s Iljin Materials Co Ltd will significantly raise the production of electfoil (electrodeposited copper foil) with the commissioning of its first overseas manufacturing facilities at Sama Jaya Free Industrial Zone here.
KUCHING: WTK Holdings Bhd, which has seen strong growth in its oil palm plantation business, is targeting to raise fresh fruit bunches (FFB) production by about 25% this year.
KUALA LUMPUR: Malaysian palm oil futures hit their highest in three days on Tuesday before falling in the evening on declines in global markets and expectations of rising October production.