ASE expects factory utilization to rebound in 2H23
OSAT ASE Technology (ASE) anticipates a return to 80% plant utilization in the second half of 2023, up from 60% in the first half of the year. After the third quarter, the business will be back on track......»»
Jenny Young and the story of Brooklyn Robot Foundry
“I’m not selling kits; I’m selling a service.” Jenny Young is a mechanical engineer who founded Brooklyn Robot Factory thirteen years ago to bring hands-on learning experiences to kids in schools and afterschool programs. Her.....»»
Jaguar Land Rover treats factory workers to music, luxury work wear
JLR spent two years studying ways to improve working conditions in its plants and found that music helped increase productivity......»»
Toyota"s Tesla-fighting future factory is EV-making tour de force
Toyota is plotting a massive manufacturing overhaul for the electric vehicle era to make its next-gen EVs low cost, lightweight and high tech......»»
A fungus converts cellulose directly into a novel platform chemical
The fungus Talaromyces verruculosus can produce the chemical erythro-isocitric acid directly from cheap plant waste, thus making it interesting for industrial utilization......»»
Finland"s wizards making food out of thin air
At a factory in Finland, the "farmers of the future" are making a new food protein by feeding a microbe air and electricity, proving that protein can be produced without traditional agriculture......»»
Ford is using factory AI to lift quality control results
Ford is feeling the heat from Wall Street to reduce defects and the costly recalls they often incur. Last year, Ford paid $1.9 billion in warranty costs......»»
iPhone 16 battery could last hugely longer, with new design & materials
Battery life is perhaps the most vital part of the iPhone experience. This is what the rumor mill expects will change power-wise with the iPhone 16 and iPhone 16 Pro series.A battery being taken out of an iPhone [Apple]Users often put the importance.....»»
Samsung expects to possibly catch up with last year’s iPhone by sometime next year
Samsung Electronics is set to mass-produce its 3nm Exynos application processors in the latter half of 2024, challenging Apple’s smartphone dominance, and pressuring TSMC and Qualcomm. more….....»»
Nissan pauses and reshapes plans for building U.S. EVs
Nissan will expand the number of battery-powered models produced at its Canton, Miss., factory — adding a fifth model. That vehicle — codenamed PZ1L — is expected to be a compact crossover......»»
Elon Musk reveals when he expects Starship megarocket to fly again
SpaceX boss Elon Musk has shared a timeframe for when he believes its powerful Starship rocket will embark on its fourth test flight......»»
Struggling Our Next Energy taps consultant to help battery maker raise funds
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer rece.....»»
Tesla confirms "one day" shutdown at German factory
Tesla has asked German employees to work from home on Friday when activists plan to protest against expansion plans outside its factory near Berlin......»»
Rivian"s Q1 net loss widens to $1.45B as Illinois plant retools for lower-cost EVs
CEO RJ Scaringe said Rivian had successfully retooled its Normal factory with new robots and new parts suppliers to cut costs and increase line speed. He declined to comment on reported talks with Apple Inc......»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
Penske plans paint factory for special edition Ford Mustangs, Broncos
In addition to low-volume paint operations, the space may also be used for customizing show cars, modifying EV products, addressing quality holds, vehicle retrofit and prototype assembly......»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
Mercedes changes U.S. factory leadership ahead of UAW vote
Federico Kochlowski has replaced Michael Goebel as CEO of Mercedes-Benz U.S. International, which operates the 6,100-employee plant in Vance, Ala......»»