Recent Posts

Tesla brings Shanghai staff to California to help boost output

Tesla Inc is sending engineers and production staff from its recently upgraded Shanghai factory to its plant in Fremont, California, in a bid to boost production at the US facility. The Elon Musk-led carmaker will dispatch staff — in particular automation and control engineers — to assist efforts to increase output in Fremont, where Tesla produces the Model S, X, ...

Read More »

Chinese markets face another volatile week

Chinese markets are facing another volatile week after health officials vowed to “unswervingly” stick to the country’s Covid Zero approach, damping investor optimism that Beijing was working towards easing restrictions. Assets from equities to oil rallied last week on convictions that China is taking concrete steps toward reopening. The Hang Seng China Enterprises Index had its best weekly gain since ...

Read More »

Apple adds new iPhone 14 supplier Pegatron in India in shift from China

Apple Inc.’s Taiwanese contract manufacturer Pegatron Corp. has begun assembling the company’s latest iPhone 14 model in India. That move makes Pegatron the second Apple supplier to produce the iPhone 14 in the country. It comes at a time when Apple’s key iPhone Pro manufacturing hub in the Chinese city of Zhengzhou — operated by Foxconn Technology Group — was ...

Read More »
Send this to a friend