VPEC rises as top GaAs epiwafer supplier
Taiwan-based epiwafer maker Visual Photonics Epitaxy (VPEC) has emerged as the world's top supplier of GaAs epiwafers with its market share in the segment surpassing that of British peer IQE by 14-15%, according to industry sources......»»
Hundreds strike at Apple supplier Flex"s plant in India
Workers at the Indian plant of Apple supplier Flex staged a one-day strike over pay, conditions, and the firm's refusal to recognize a union.A Flex facility in India (Source: Flex)Flex makes chargers for Apple and while not the best-known of the Cupe.....»»
SK On inks deal for 34,000 tons of EV battery graphite for North American plants
The deal with Westwater Resources provides the supplier of batteries to Ford, Hyundai and Volkswagen with a local source of the crucial material......»»
Magna Q4 earnings surge despite UAW, EV production headwinds
Magna International Inc., the largest North American parts supplier, on Friday said its fourth-quarter net income surged 185 percent to $271 million from a year earlier thanks to steadier global new-vehicle production......»»
Panasonic inks deal to secure 10,000 tons of graphite for N.A. battery cells
Panasonic Energy entered into an agreement with Australian battery materials supplier Novonix Ltd. that is expected to supply the Japanese battery cell manufacturer with at least 10,000 tons of synthetic graphite, a key material in anodes used in lit.....»»
BorgWarner Q4 earnings, revenue improve, but EV pullback raises concerns
BorgWarner's earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
EV pullback hits BorgWarner revenue, earnings
Supplier BorgWarner's Earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Why Danish consumers keep their electricity company, even though they can save money by switching
Most people keep their electricity supplier, even though it's fast and easy to switch to a cheaper competitor. Now an economist has unraveled what's holding people back—and what could ensure cheaper electricity contracts for Danes......»»
Adient sales fall flat as auto supplier looks at new business opportunities
Adient plc’s revenue stagnated in the first quarter, though its CEO said business performance is improving and margins will, too. The company, which has its North American base in Plymouth, about 27 miles West of Detroit, had sales of $3.66 bill.....»»
Ford posts $526M net loss in Q4 on accounting charge; revenue rises 4%
Ford earned a $14.7 billion profit from its internal combustion and commercial businesses before interest and taxes, while its EV unit lost $4.7 billion......»»
GM supplier Gestamp plans $42.5 million factory, 390 jobs near Detroit
Workers at the factory will weld steel blanks to make assemblies for vehicles. The assemblies will be warehoused and shipped to GM’s Orion Assembly operations......»»
India"s tigers climb high as climate, human pressure rises
Tigers in India have been photographed in high-altitude mountains rarely seen before, with experts suggesting relentless human pressure and a heating climate are driving them from traditional hunting grounds......»»
Ice and fire: Antarctic volcano may hold clues to life on Mars
On Deception Island in Antarctica, steam rises from the beaches, and glaciers dot the black slopes of what is actually an active volcano—a rare clash of ice and fire that provides clues to scientists about what life could look like on Mars......»»
Better days could be ahead for suppliers, but some concerns persist
Supplier outlook could prove a bit brighter as production levels stabilize, interest rate hikes stop and parts makers get more pricing relief from automakers......»»
Toyota supplier Denso cuts forecast after quarterly profit hit by extra costs
Denso cut its operating profit forecast for the financial year to March 31 by 21 percent to $3.38 billion......»»
Uganda pesticide risk rises after AGOA expulsion
Ugandans are at increased risk of diabetes and cancer in the wake of the country's expulsion from a trade pact with the U.S., nutritionists say......»»
Increased temperature difference between day and night could affect all life on Earth, say scientists
Researchers from Chalmers University of Technology, in Sweden, have discovered a change in what scientists already knew about global warming dynamics. It had been widely accepted since the 1950s that global temperature rises were not consistent throu.....»»
Ford commercial chassis order downturn spurs supplier layoffs
The supplier, a certified minority business enterprise, has produced the Ford F-53 motorhome chassis since 1999......»»
OLED iPad Pro screen orders already getting cut, claims questionable rumor
A questionable report from the supply chain says that Apple has already cut iPad Pro OLED screen orders from one supplier down from what was originally requested, leaving the other supplier unaffected.The 12.9-inch 2022 iPad ProThe OLED iPad saga has.....»»
Auto supplier Ineos limits resin production because of cold weather in Texas
Ineos Olefins & Polymers USA, a supplier of key resins and thermoplastics to the auto industry, reportedly limited production of resins it makes at a Texas facility because of mechanical issues caused by freezing temperatures......»»
Constellium finds ‘impure" aluminum a potential aid to automakers
North America has been straining to keep up with growing demand for aluminum. French supplier Constellium is showing that recycled metal can help satisfy the market......»»