GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
Musk to Tesla and SpaceX workers: Be in the office 40 hours a week or quit
Musk memo: "If you don't show up, we will assume you have resigned." Enlarge / Tesla CEO Elon Musk at the company's manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. (credit: Getty Images | Bloomberg) Elon M.....»»
Shanghai COVID-19 lockdowns see Apple move some iPad production to Vietnam for the first time
The Shanghai COVID-19 lockdowns have caused massive disruption to Apple’s supply chain in China, and the company has reportedly responded by moving some iPad production to Vietnam – the first time it has ever done so. Apple suppliers have also b.....»»
Kia, Stellantis and Ford dealerships sell in 3 states
Morgan Automotive Group, Sandy Sansing Automotive and Max Motors Dealerships acquire stores in the second quarter......»»
SEA roundup: Tesla reportedly to start sales in Thailand
Shortages of semiconductor continue to affect the automotive industry, while Tesla has set up a subsidiary in Thailand, and Indika Energy is building a new EV brand in Indonesia......»»
Workers at Apple supplier Quanta rebel against lockdown in factory in China
Shanghai has been on lockdown for almost two months, due to its worst COVID-19 breakout since 2020. Apple supplier Quanta Computer, located in Shanghai, is facing backlash from mostly low-wage workers demanding more freedom from these lockdown restr.....»»
Quanta MacBook factory workers riot over conditions for second time
Following a previous protest over China coronavirus lockdown conditions, workers at the Quanta MacBook Pro plant in Shanghai have again rioted.The first riot in early May was specifically a clash between workers and authorities enforcing a COVID lock.....»»
Ingrasys showcases environment-friendly liquid cooling solutions for datacenters at Computex 2022
Ingrasys Technology, a subsidiary of Foxconn Industrial Internet (FII), is exhibiting a power-usage effective (PUE) liquid-cooling solution for datacenters at Computex 2022......»»
VisEra gearing up for metalens processing nodes
TSMC subsidiary VisEra Technologies, which offers image sensor foundry, wafer-level testing and wafer-level optical film services, has said it will deepen the development of related processing nodes to manufacture metalenses for AR/VR, mobile devices.....»»
Broadcom To Acquire VMware in Massive $61 Billion Deal
Broadcom has announced it is acquiring VMware in a massive $61 billion deal. From a report: The deal is a combination of cash and stock, with Broadcom assuming $8 billion in VMware debt. With VMware, Broadcom gets more than the core virtualization, w.....»»
Broadcom will pay $61 billion to become the latest company to acquire VMware
Broadcom has spent billions buying up software companies in recent years. Enlarge (credit: VMWare) Chipmaker Broadcom will be acquiring VMware for $61 billion in cash and stock, the companies announced today. Broadcom is best.....»»
WiBase unveils cold chain management solutions at Computex 2022
WiBase Industrial Solutions, a subsidiary of the Wistron Group, is showcasing a smart dash cam system that is able to record data during the transportation of a cold chain at Computex 2022......»»
Broadcom to acquire VMware for $61 billion in cash and stock
Broadcom and VMware announced an agreement under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately $61 billion, based on the closing price of Broadcom common stock.....»»
2022 ASC 100: Auto components suppliers emerge as newcomers
In the latest Asia Supply Chain 100 (ASC100), eight companies are included for the first time: CATL, LGES, Hisense, TCL Electronics, TBEA, China Railway Materials, Renesas, and Universal Scientific Industrial Shanghai, all from China (and Hong Kong).....»»
Toyota to suspend more production due to Shanghai shortages
Toyota's global production plan for June stands at about 850,000 vehicles, a cut of about 100,000 vehicles......»»
Asian Americans armed themselves during the pandemic in response to racial acts, study finds
Asian Americans who experienced increased acts of racism at the start of the COVID-19 pandemic were more likely to acquire firearms and ammunition for self-defense, according to a study by researchers at the University of Michigan and Eastern Michiga.....»»
Take-Two completes its massive Zynga acquisition
Take-Two Interactive closed the deal to acquire mobile game developer Zynga for $12.7 billion......»»
FII sets forth 3R strategies in carbon net zero white paper
Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry, released its first net-zero carbon emission white paper on May 23, pledging a 80% cut on carbon emission from the 2020 basis by 2030, and to realize 100% carbon neurality.....»»
Lear to acquire German supplier in quest for comfort seating dominance
IGB has 7,000 employees at nine manufacturing plants around the world, including one in Windsor, Canada......»»
Apple "Studio Display Pro" delayed until October, according to display analyst
A rumored 27-inch Apple display sporting mini LED technology and ProMotion has reportedly been internally delayed because of production lockdowns in Shanghai.Apple Studio DisplayAccording to Display Supply Chain Consultants analyst Ross Young, the 27.....»»
Ingrasys to unveil innovative modular server at Computex 2022
Ingrasys, a subsidiary of Foxconn Industrial Internet (Fii) and a member of Hon Hai Technology Group (Foxconn), announced that it will make its debut at Computex 2022 to unveil its latest cloud-to-edge solutions that focus on the theme "Your Data, Ou.....»»