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Manufacturing

Manufacturing
The latest news, analysis and opinion on Manufacturing. In-depth analysis, industry insights and expert opinion.
The Foxconn logo is seen at the Nangang Exhibition Centre in Taipei, Taiwan, October 18, 2022. Photo: AP
Foxconn

Foxconn unit in talks for US$200 million components plant in India’s Tamil Nadu

A Foxconn subsidiary is in talks with India’s Tamil Nadu state to invest up to US$200 million to build a new plant for electronic components in the southern region, two sources with direct knowledge said.

Cybersecurity

Ransomware attacks on industrial firms jumped 87 per cent in 2022

Fifa World Cup 2022

Video | Inside the Pakistani factory making 2022 World Cup footballs

Joe Biden

Video | Biden’s chip-making agenda takes shape at new TSMC plant

Biden tours new Taiwanese chip-making plant in Arizona, fans US-China semiconductor rivalry
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Semiconductors

Former TSMC, SMIC executive Chiang Shang-yi joins Foxconn as top chip adviser

Chiang Shang-yi, 76, who helped TSMC and SMIC become leading wafer foundries, has come out of retirement to join iPhone assembler Foxconn as an adviser to help with its push into semiconductors.

Semiconductors

Apple prepares to get made-in-US chips in pivot from Asia

Apple is preparing to begin sourcing chips for its devices from a TSMC plant under construction in Arizona, marking a major step toward reducing the company’s reliance on Asian production.

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TSMC

Buffett bets US$5 billion on chipmaking with new stake in TSMC

US investor Warren Buffett, who long shied away from the tech industry because he said he did not understand it, has made a US$5 billion bet on chipmaking with a stake in TSMC.

The Taiwan Semiconductor Manufacturing Co logo is seen at the chip maker's headquarters, in Hsinchu, Taiwan, on January 19, 2021. Photo: Reuters
Semiconductors

ASML launches 12 billion euro buy-back, upgrades 2025 forecast

Netherlands-based ASML Holding, a key supplier of chip manufacturing equipment, said it would launch a US$12.2 billion share buy-back programme to run through 2025.

Semiconductors

Japan to invest up to US$500 million to manufacture advanced chips

Japan will invest up to US$500 million in a new semiconductor company led by Sony Group and NEC, as the country rushes to re-establish itself as a lead maker of advanced chips.

Technology

‘Puncture-proof’ airless tyres edge closer to becoming a reality

Instead of being filled with air, a web of spokes gives the tyres a see-through look. The ride is smooth but the grip is not as good as on conventional tyres – and they are noisier.

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A non-pneumatic, or airless, tyre is seen on a Tesla at a presentation by Goodyear in Colmar-Berg, Luxembourg. Photo: AFP
China-Russia relations

‘War has killed orders’: Chinese producers lament loss of Russian business

Beijing has repeatedly said that China would ‘maintain normal trade relations’ with Russia, but the situation on the ground paints a different picture, with a massive drop-off in Russia-bound goods.

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Fewer orders from Russia, coupled with a fear of Western sanctions among Chinese producers, have suppressed the flow of goods between the neighbours. Photo: AFP
China trade

Beijing adviser says ball is in Washington’s court on lifting trade tariffs

Source also urges Chinese companies to ‘maintain normal export channels to the US’ and not abandon the critical market amid geopolitical disputes.

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Shanghai

Shanghai’s lockdown easing doesn’t mean end of shipping snarls

The world’s supply chains have taken a battering this year from China’s zero-Covid policy, which has hampered the production and delivery of everything from bathroom taps to Apple iPhones.

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Coronavirus China

Shanghai heads towards June 1 end of lockdown as Covid-19 cases dip

The end is in sight for one of the largest mass population lockdowns ever undertaken in China, after stop works and standstill orders upended daily lives and strained global supply chains close to breaking point.

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A customer at a supermarket that reopened in Shanghai on May 16, 2022 amid declining infections. Photo: VCG
Japan

Japan manufacturers exit China, Southeast Asia in bid to reshore production

Japan’s government was already supporting relocation of domestic companies’ production bases back to the country. Then the yen took a major tumble.

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Employees work on the Honda Civic production line at a factory in Wuhan that the Japanese carmaker operates as a joint venture with Dongfeng Motor Group. Photo: AFP
China economy

More than a third of Chinese firms hit by overdue payments, which are passed on

Chinese exports in ‘grave situation’, with dwindling cash flow weighing on their bottom line while domestic demand falls amid coronavirus lockdowns.

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Shanghai

April deliveries at Tesla’s Chinese rivals fall as Shanghai locks down

Shrinking deliveries at Nio, Li Auto and Xpeng are dragging on their attempts to catch up with the industry’s bellwether Tesla for supremacy in the world’s largest market for automobiles and smart EVs.

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Shanghai

Taiwan stocks bear the brunt of China’s zero-Covid stranglehold

One in four of the 161 Taiwan-listed companies that suspended production amid ongoing Covid-19 lockdowns in Shanghai and in the neighbouring city of Kunshan in Jiangsu province are in electronics

Employees on the production line of Kent bicycles at Shanghai General Sports in Kunshan on February 22, 2019. Photo: Reuters
Migrant workers in China

‘Factory jobs can’t teach you anything’: China’s migrants seek pastures new

China’s manufacturers are increasingly struggling to recruit workers, as young people turn up their noses at the low wages and lack of advancement opportunities in factory work.

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Semiconductors

Chip-starved firms are scavenging silicon from washing machines

Even major chip equipment makers are struggling to get enough components to fulfil orders, potentially making it more difficult for semiconductor fabs to significantly increase their capacity in the near term.

China-EU relations

China’s EU firms want a say in creating Chengdu-Chongqing economic cluster

Local municipal authorities in the economic circle are implored to establish a task force, address labour-supply problems and be more open and transparent.

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A series of “super projects” in Sichuan province, including Chengdu (pictured), are promoting the development of western China. Photo: Xinhua
Shanghai

Shanghai’s daily new Covid-19 cases decline as standstill order ends

Shanghai has been trying to resume production at 666 key manufacturers, including Tesla and the country’s largest chip maker Semiconductor Manufacturing International Corp oration (SMIC).

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Medical workers from Zhejiang province carried out nucleic acid tests for residents at a COVID-19 testing site in Pudong district in Shanghai on March 28, 2022. Photo: AP
Shanghai

Shanghai’s plan to resume work stalls as staff and parts fall short

Concerned with lost production and struggling to tamp down seething public anger, Shanghai authorities are kicking the restoration of economic order in China’s financial and commercial centre into high gear.

Shanghai

Shanghai factories amble towards reopening as Covid-19 cases drop

As many as 390,000 residents in Shanghai – out of a total population of 25 million -have been infected by the highly transmissible Omicron variant since March 1, with 27,200 showing symptoms.

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Shanghai

China draws up ‘white lists’ to bolster industrial supply chains amid lockdown shocks

By allowing key producers to function as normally as possible, China is aiming to reduce the impact of strict lockdown measures.

Residents line up for nucleic acid tests in Shanghai during a lockdown. Photo: Reuters
China trade

California ports brace for supply-chain ‘hiccups’ from Shanghai lockdowns

If China’s disruptive lockdowns persist, they could fuel global inflation, slow the pace of exports shipped from the ‘world’s factory’, and weaken demand in the world’s largest consumer market, economists say.

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The Port of Oakland has taken steps over the past two years to prepare for coronavirus-related problems. Photo: AFP
China manufacturing

China’s lockdowns of carmaking hubs Shanghai, Changchun disrupt supply chain

While some manufacturers in affected areas are still operating in ‘factory bubbles’, interruptions tend to be more on the logistics side, and hundreds of thousands of automobiles may not be sold this month.

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Apple

Chinese Apple suppliers hit by report that tech giant is cutting output targets

Analysts say it is important that Chinese suppliers to Apple diversify their client base in the future to mitigate over-reliance concerns.

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