Tag: #manufacturing

China's Drive to Overcome Industrial 'Choke Points'

China intensifies efforts to overcome industrial vulnerabilities under "Made in China 2025" for self-sufficiency.

#china, #industry, #technology, #economy, #manufacturing

Federal Reserve Beige Book Highlights Trade-Driven Economic Slowdown

Fed's Beige Book reveals rising costs and slowing growth due to heightened tariffs, affecting sectors like manufacturing and agriculture.

#federalreserve, #tariffs, #economicslowdown, #manufacturing, #agriculture

US Manufacturing Sector Faces Ongoing Decline Amid Escalating Trade Tensions

US manufacturing contracts for third month as tariffs complicate recovery efforts.

#manufacturing, #trade, #tariffs, #economy

U.S. Manufacturing Sector Faces Third Month of Contraction Amid Trade Uncertainties

U.S. manufacturing contracts for third month in May amid trade tensions and supply chain issues, signaling broader economic challenges.

#manufacturing, #trade, #economy, #supplychain, #pmi

TE Connectivity Finalizes $2.3 Billion Acquisition of Richards Manufacturing

TE Connectivity acquires Richards Manufacturing for $2.3B, boosting its role in grid modernization and energy sector growth.

#teconnectivity, #acquisition, #energy, #manufacturing

Eurozone Sees Surprise Business Activity Contraction in May 2025

Eurozone business activity unexpectedly contracts in May 2025, marking a downturn in the services sector.

#eurozone, #businessactivity, #contraction, #servicessector, #manufacturing

Foxconn Invests $1.5 Billion in Indian Subsidiary Amid Apple's Strategic Shift

Foxconn's $1.5B investment in India enhances Apple's manufacturing diversification amid U.S.-China tensions and boosts local economy.

#apple, #foxconn, #india, #manufacturing, #china

NVIDIA to Invest $500 Billion in U.S. AI Chip Manufacturing

NVIDIA plans $500B investment to produce AI chips and supercomputers in the U.S., aligning with CHIPS Act and reducing foreign dependency.

#nvidia, #aichips, #semiconductor, #manufacturing, #usinvestment

Kraft Heinz to Invest $3 Billion to Upgrade U.S. Manufacturing Plants

Kraft Heinz announces a $3B investment to modernize 30 U.S. plants, boosting efficiency amid economic uncertainties.

#kraftheinz, #investment, #manufacturing, #economy

Kraft Heinz Invests $3 Billion to Upgrade U.S. Manufacturing Plants

Kraft Heinz invests $3B to upgrade 30 U.S. plants, boosting efficiency and supporting growth amid economic uncertainties.

#kraftheinz, #investment, #manufacturing, #trade, #foodindustry

Apple to Shift iPhone Assembly to India by 2026 Amid U.S.-China Tensions

Apple plans to assemble all U.S. iPhones in India by 2026, reducing reliance on China amid trade tensions and tariffs.

#apple, #india, #manufacturing, #supply chain, #trade tensions

NVIDIA to Manufacture AI Chips and Supercomputers in the U.S.

NVIDIA shifts production strategy with U.S. manufacturing of AI chips and supercomputers, creating thousands of jobs.

#nvidia, #ai, #technology, #manufacturing, #us