Consequence for Elon Musk? Biden administration provisionally agrees $6.6 billion loan to Rivian, so it can construct EV factory in Georgia
TECHNOLOGY POWERING BUSINESS
News factory
Samsung Delays ASML Deliveries For Texas Chip Factory – Report
Another worrying development for chip industry after Samsung delays delivery of ASML kit for new factory due to lack of customers
Tesla Gigafactory Near Berlin Saw 500,000 Trees Felled – Report
After repeated clashes with environmentalists, it emerges construction of Tesla gigafactory near Berlin saw 500,000 trees cut down
China’s BYD Signs $1bn Deal For Factory In Turkey
BYD, China's largest electric vehicle (EV) maker, is to setup a manufacturing plant in Turkey, as EU tariff talks falter
Protestors Clash With Police At Tesla Gigafactory In Germany
Hundreds of climate activists clashed with police outside Tesla gigafactory near Berlin, in protest over its expansion plans
Tim Cook Says Apple Considering Factory In Indonesia
CEO Tim Cook during visit to Jakarta says Apple will look into building a manufacturing facility in Indonesia
Apple Doubles iPhone Production In India – Report
Apple now reportedly assembles about 1 in 7 of its iPhones in India, suggesting an accelerating shift from China
TSMC Opens First Factory In Japan
Taiwanese chip giant TSMC celebrates opening of first Japanese factory, in key step in global expansion plans
Google To Manufacture Pixel Smartphones In India – Report
India looks set to begin manufacturing another flagship smartphone, with Google moving Pixel production away from China
TSMC To Build Second Factory In Japan
World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota
Tesla Sued By Californian Counties Amid Hazardous Waste Allegations
Twenty five out of 58 California counties allege Elon Musk's Tesla mishandled hazardous waste at its facilities
Biden Admin To Award $162m To Microchip Tech For US Chip Production
US Commerce Dept to provide $162 million to Microchip Technology to increase chip production in Colorado and Oregon
Israel Agrees $3.2bn Grant For Intel $25 Billion Chip Factory
Intel to make its largest ever single investment in Israel, with a $25 billion chip-making factory in the south of the country
China’s BYD To Construct EV Factory In Hungary
Electric vehicle factory to be constructed in Hungary for China’s BYD, as European EV manufacturing ramps up
Industrial Robot Crushes Man To Death
Rise of the machines? Factory worker at a vegetable packing plant in South Korea killed by industrial robot
Foxconn To Double Jobs, Investment In India In Next 12 Months
Bad news for Beijing? Executive confirms Foxconn is to double its workforce and investment in India by next year
Foxconn Begins iPhone 15 Production In India
Production of Apple iPhone 15 in India is beginning, as Foxconn continues to diversify its supply chain from China
Foxconn Touts ‘Billions’ Of Dollars Investment In India
Apple iPhone maker Foxconn suggests it may invest billions of dollars in India, a month after withdrawing from planned chip fab
TSMC Delays Production At Arizona Fab, Amid Skills Shortage
Production start at vaunted Arizona chip factory pushed back a year by TSMC, due to shortage of skilled workers
Broadcom Signals $1 Billion Investment In Spain
CEO of American Broadcom manufacturer confirms $1 billion investment into EU program to develop chip industry in Spain
Apple Cuts Production For Vision Pro Headset – Report
Sizeable cut to production numbers of Apple's Vision Pro headsets, due to reported problems with its manufacturing
Google Seeks To Move Some Pixel Production To India
Some production of the Pixel smartphone could be moved to India, as Google begins talks with local suppliers and manufacturers
India To Reopen Applications For $10bn Chip Incentives – Report
Bad news for China? India is to reopen application process for $10bn in incentives to build local chip factories
Apple Makes Nearly 7 Percent Of iPhones In India – Report
China move. Indian factories now making nearly 7 percent of all iPhones, with Apple mulling Macbook manufacturing in Thailand
Intel To Optimise Factories For ARM Chip Manufacturing
Agreement will allow Intel Foundry Services to work with ARM to ensure mobile phone chips etc can be made in its chip fabs
TSMC Investment Plans For Taiwan Unchanged – Report
Amid growing concerns about China's intentions for Taiwan, government minister says TSMC local investments remain unchanged
Apple Supplier Pegatron Explores Second Factory In India – Report
Pegatron is reportedly in talks to open a second factory in India, as Apple suppliers continue to diversify production away from China
Samsung To Spend $228 Billion On South Korean Chip Plant
South Korean government announces 'world's largest' chip complex near Seoul. Samsung says it will spend $228 billion
Intel Seeks $5 Billion More In Subsidies For German Chip Plant – Report
Chip giant Intel is reportedly seeking an additional 5 billion euros in subsidies from the German government
Foxconn To Construct Factory In India – Report
Apple's principal iPhone maker Foxconn is to construct a 300-acre factory in India, amid ongoing pivot away from China