Stories tagged “Manufacturing.”
30 stories
Shenzhen has cultivated a unique 50-kilometer hardware belt, concentrating R&D, manufacturing, capital, and talent into an ecosystem that enables rapid product development and intense competition.
Modal Motors, a new startup founded by Michael Van Steenburg, aims to eliminate China's dominance in the electric motor supply chain by developing motors that do not rely on rare-earth magnets.
Bentley has launched its first all-electric SUV, the Torcal, priced from £173,000. It features synthetic engine sounds and aims to attract younger buyers and EV skeptics.
Chancellor John Healey will urge EU finance ministers to include the UK in its "Made in Europe" scheme, designed to protect industries from Chinese competition, to avoid new trade barriers.
Flock, a controversial surveillance camera company, previously claimed its devices were "Made in the USA," but recent marketing materials omit this detail, and its supply chain increasingly relies on international components, raising national security and transparency con…
While a narrative of corporate exodus from Nigeria persists, a less-discussed group of foreign-backed companies is significantly increasing investments, challenging the prevailing perception.
Jaguar Land Rover is in discussions with Nato nations to supply its new Defender military vehicle, aiming to capitalize on increased European defense spending. The company is also bidding for a UK Ministry of Defence contract.
Alstom will build the UK's first battery-electric trains for long-distance routes, creating over 350 jobs at its Derby factory and supporting thousands more in the supply chain.
Skild AI has launched its S1 robot foundation model, enabling robots to learn complex, previously unseen tasks from a single video demonstration without retraining. This in-context learning approach, developed with NVIDIA AI infrastructure, significantly improves robot ad…
Jaguar Land Rover (JLR) will cut 4,000 jobs over the next two years, primarily affecting its UK head office, as it navigates challenges including Chinese competition, US tariffs, and the shift to electric vehicles.
China's intense domestic competition, dubbed "involution," is driving companies to expand globally, leading to record overseas revenues but also sparking international concerns over overcapacity and price dumping.
Jaguar Land Rover plans up to 4,000 redundancies, but Business Secretary Jonathan Reynolds has ruled out government bailouts, emphasizing competitiveness over intervention. The cuts come as JLR battles Trump tariffs and Chinese competition.
Volkswagen's board has approved a plan to cut an additional 50,000 jobs, bringing the total planned reductions to 100,000 by 2030, as part of a major restructuring effort.
Chinese President Xi Jinping's visit to Egypt aims to transform economic ties from trade and infrastructure to industrial investment, addressing a significant trade imbalance.
Global bond markets are experiencing a sell-off, pushing long-term UK borrowing costs to a 28-year high, fueled by rising oil prices and inflation fears. Meanwhile, Shein shares tumbled after its Hong Kong debut.
SK Hynix weighs Japan memory fab partnership to supply AI boom
SK Hynix is exploring a joint venture to manufacture memory chips in Japan, a strategic move to meet the surging demand for AI-related products while managing production costs.
The U.S. has tightened restrictions and imposed tariffs on foreign-made advanced robotic systems and drones, citing national security concerns, primarily targeting Chinese manufacturers.
Africa: Is This The Bandage For Africa's Rising Medical Fabrics Demand?
African manufacturers are increasingly converting locally grown cotton into high-value medical textiles, aiming to reduce reliance on imports and capitalize on a rapidly growing healthcare market.
Elon Musk's SpaceX is building a foundry in Bastrop, Texas, to produce gas turbine blades and vanes in-house, aiming to accelerate natural gas turbine production by up to 18 months to address AI's power grid bottleneck.
Anthropic has launched a research preview of its Model Hardware Standard (MHS), a shared specification enabling AI agents to safely operate diverse physical devices in labs and manufacturing.
The Manufacturers Association of Nigeria (MAN) has called on the Lagos State Government to publish a harmonised tax code aligned with new tax laws to significantly reduce compliance costs for manufacturers.
VIDEO: Okin Biscuits resumes production after 17 years
Okin Biscuits has resumed production after a 17-year hiatus, successfully rehabilitating a key production line. The company also reconnected to the national electricity grid.
Perceptron, a startup founded by former Meta AI scientists, launched Isaac 0.5, an open-weight visual AI model designed to enable robots to perceive, reason, and act in complex industrial environments like factory floors and warehouses.
The RBI's 'State of the Economy' article says the Indian economy is showing resilience amid global uncertainties. Buoyant domestic demand, recovery in manufacturing and services activity, and improving monsoon conditions are providing support to India's growth momentum.
Robots can outrun humans, but can they plug in a cable?
China's humanoid robots have shown they can run quicker than the fastest humans. Now comes the real test: can they also handle packaging and warehouse operations while reliably performing precision tasks like connecting cables.
Chinese robot manufacturers are shifting focus from flashy humanoid demonstrations to practical, wheeled, and conventional robotic designs for industrial deployment, prioritizing efficiency and return on investment.
A humanoid robot in China has broken the world record for the 100-meter dash, set by Jamaican sprinter Usain Bolt in 2009. The robot, built by the Beijing Innovation Center for Robotics, completed the dash in 9.39 seconds, beating Bolt's record of 9.58 seconds. The robot'…
Heidelberger Druckmaschinen reported a 13% decline in sales for the first quarter, with a significant drop in revenue in the EMEA region. The company's Ebitda fell to 1 million euros, and the net loss increased to 32 million euros.
India's Department of Defence Production has released its sixth positive indigenisation list, adding 405 defence items, including components for Su-30MKI jets and T-90 tanks, to be manufactured domestically, aiming to boost self-reliance and generate Rs 3,070 crore in bus…
Ford said its Fathom electric truck, priced at $28,000, will enter prototype production at the overhauled Louisville Assembly Plant in Q1 2027.