Tag: industry
Chinese Automaker BYD Seeks to Acquire Part of Volkswagen’s Iconic Dresden Glass Factory
Chinese carmaker BYD aims to acquire a section of Volkswagen’s renowned Dresden Glass Factory, shut down late last year.
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Palit Confirms Continued Operation of Galax Brand Amid Full Acquisition
Palit clarifies that Galax and its associated brands will remain active following the company’s complete acquisition by Palit.
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Galax Shuts Down, Palit to Take Over Operations and Brand
Galax, famed for its Hall of Fame GeForce GPUs, ceases operations as Palit assumes control and plans to preserve the brand legacy.
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Middle East Conflict Contributes to Shortage of Raw Materials for Printed Circuit Boards
Geopolitical tensions in the Middle East have disrupted petrochemical supplies, affecting the availability of raw materials essential for printed circuit board manufacturing.
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Robots Expected to Dominate New Warehouses by 2030, Reducing Human Labor
By 2030, more than half of new warehouses in advanced markets will prioritize robotic automation over human labor, experts predict.
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Tornado Damages Rivian Factory Ahead of R2 SUV Production
An EF-1 tornado struck Rivian’s Illinois plant, damaging a workshop roof but causing no injuries as the company assesses the impact.
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Samsung’s Texas Chip Factory Nears Full Production Readiness Ahead of Tesla Partnership
Samsung’s new Texas semiconductor facility is about 90% ready for mass production, accelerating after securing a major chip contract with Tesla.
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Russian Microelectronics Manufacturer Element Reports Significant Loss in 2025
Russian microelectronics producer Element faced a 2 billion ruble loss in 2025 due to a sharp decline in industrial demand.
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China’s Semiconductor Investment Triples U.S. Spending Over Past Decade
From 2014 to 2023, China invested roughly $142 billion in semiconductors, surpassing U.S. government spending by more than three times.
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Microsoft Declares Urgent Priority on Copilot AI as Cloud Division Remains Strong
Microsoft ramps up efforts on its Copilot AI amid ongoing stock decline, while its cloud business shows resilience and financials remain steady.
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Intel Targets Major Chip Packaging Contracts with Google and Amazon
Intel seeks to secure billion-dollar chip packaging deals with Google and Amazon at its New Mexico facilities.
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Chinese Chipmakers Hit Record Revenue Amid AI-Driven Surge and Domestic Focus
Chinese semiconductor makers achieved record revenue last year as AI demand and a push for tech independence boost local component reliance.
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