Tag
#manufacturing
27 articles
Chinese Exports Fall To Their Lowest Level In 2 Years
In November, Chinese exports decreased at their fastest rate in more than two years. It is the largest drop in outbound shipments from China since February 2020, when a statewide lockdown brought about a halt to economic activity led to a 8.7% drop year over year.
13 Dec 2022
Manufacturers Gradually Moving Out Of China
In order to diversify and increase manufacturing, Apple supplier Foxconn has inked a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City.
23 Aug 2022
Chip Demand Falls Sharply
The semi-conductor chip shortage is easing, according to Hyundai, ABB, and Swedish refrigerator giant Electrolux. This is encouraging for manufacturers following a protracted search for parts.
11 Aug 2022
China's Economy Showing Cracks
Economic pressures on China continue to be a drag on stutturing global economy as China's primary economic pillars release in July showed weaknesses in the manufacturing and crucial real estate industry.
05 Aug 2022
Tesla's Gigafactory On Hold
Tesla revealed plans for its first Gigafactory in Europe near Berlin in late 2019, challenging Germany's conventional car industry titans Volkswagen and Daimler.
28 Feb 2022
Louis Vuitton Scales Up Manufacturing In France
The luxury group's sales, as well as those of its rivals Kering and Richemont, have risen dramatically as a result of rising demand for European fashion and accessories.
23 Feb 2022
Global Manufacturing Picks Up
Manufacturing activity is picking up in the U.S. as the economy re-opens. However, the market is still pressured by a lack of workers, a shortage of key products (semiconductors) and booming commodity prices.
30 Jun 2021
