factory

With Tesla batteries and Japan's largest hydrogen tank, Panasonic is testing a factory of the future

With Tesla batteries and Japan’s largest hydrogen tank, Panasonic is testing a factory of the future

As a bullet train speeds by in the background, a tank of liquid hydrogen towers over solar panels and hydrogen fuel cells at Panasonic’s Kusatsu plant in Japan. Combined with a Tesla Megapack storage battery, hydrogen and solar can provide enough electricity to power the site’s Ene-Farm fuel cell plant. Hornyak Team As high-speed trains …

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SK and Hyundai plan electric vehicle battery factory in Georgia, 3,500 jobs

“Hyundai Motor Group and SK On are valued partners and key players in our state’s growing automotive industry,” Kemp said in the statement. A Hyundai representative did not immediately return a message seeking comment. A spokesperson for SK On said the two companies are still reviewing options and discussing details of their cooperation and more …

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The US service industry is picking up;  factory orders are accelerating

The US service industry is picking up; factory orders are accelerating

Activity in the services sector picks up in November Employment rebounds; supplier deliveries are improving Factory orders rise 1.0% in October WASHINGTON, Dec 5 (Reuters) – U.S. service-sector activity unexpectedly accelerated in November, with employment rebounding, offering further evidence of underlying economic dynamics. economy as it prepares for an anticipated recession next year. Monday’s Institute …

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Factory orders from China down 40% in relentless slump in demand

Factory orders from China down 40% in relentless slump in demand

Aerial view of containers stacked at Qinzhou Port on August 15, 2022 in Qinzhou, China’s Guangxi Zhuang Autonomous Region. China Information Service | Getty Images U.S. logistics officials are bracing for delays in the delivery of goods from China in early January due to canceled container ship departures and export transfers by ocean carriers. Carriers …

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Chinese factory activity at lowest since April;  Asian markets are largely on the rise

Chinese factory activity at lowest since April; Mixed Asian markets

Bitcoin Briefly Crosses $17,000 at Highest Levels Since Mid-November Bitcoin price briefly rose above $17,000 during the morning session in Asia for the first time since mid-November. Bitcoin was up 2.2% over the previous 24 hours, according to Coin Metrics and last traded at $16,863.07 per coin. Ether has also risen and is up 4.74% …

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Chinese factory activity at lowest since April;  Asian markets are largely on the rise

Chinese factory activity at lowest since April; Asian markets are largely on the rise

Chinese factory activity beats expectations and contracts for second straight month China’s official manufacturing purchasing managers’ index for November came in at 48, below the 50-point mark that separates growth from contraction. That’s below analysts’ expectations polled by Reuters, who had forecast a reading of 49. October’s PMI was 49.2. PMI readings are sequential and …

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Crypto Company Stunt Brings Giant Musk 'Goat' Statue to Tesla Factory

Crypto Company Stunt Brings Giant Musk ‘Goat’ Statue to Tesla Factory

Comment this story Comment People who have walked around Austin recently may have seen Elon Musk. But not the real person. Instead, they may have seen a sculpture of Musk’s head atop the body of a goat riding a rocket, all attached to a trailer. Complete with what appear to be flames shooting from the …

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Apple has a huge problem with its supplier's iPhone factory in China |  CNN Business

Apple has a huge problem with its supplier’s iPhone factory in China | CNN Business

hong kong CNN Business — A violent uprising by workers at the world’s largest iPhone factory in central China this week further clouds Apple’s strained supply chain and highlights how the country’s tough zero Covid policy is harming to global technology companies. The unrest began last month when workers left the factory campus in Zhengzhou, …

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Foxconn offers to pay workers to leave world's largest iPhone factory after violent protests |  CNN Business

Foxconn offers to pay workers to leave world’s largest iPhone factory after violent protests | CNN Business

hong kong CNN Business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to resign and leave the world’s largest iPhone assembly plant, in a bid to quell protests that have seen hundreds of clashes with security forces in central China compound. The Apple supplier made the offer on Wednesday following dramatic …

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Workers at world's largest iPhone factory in China clash with police, videos show |  CNN Business

Workers at world’s largest iPhone factory in China clash with police, videos show | CNN Business

Beijing/Hong Kong CNN Business — Workers at China’s largest iPhone assembly plant were seen confronting police, some in riot gear, on Wednesday, according to videos shared on social media. Videos show hundreds of workers confronting law enforcement officers, many wearing white hazmat suits, at the Foxconn campus in China’s central city of Zhengzhou. In the …

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