Rappler's latest stories on manufacturers
South African manufacturing drops by half as lockdown bites
Manufacturing production in South Africa decreases by 49.4% in April 2020 compared with April 2019
Chipmaker SMIC plans China's biggest IPO in a decade
Details of the planned offers are released in a statement on Monday, July 6, on the website of the Shanghai exchange, sending the company's Hong Kong-listed stock soaring more than 20% to a record high
U.S. private hiring, manufacturing recover in June 2020 after virus plunge
Data from payroll services firm ADP show private firms in the United States hired 2.4 million workers, while the Institute for Supply Management's manufacturing index jumps to 52.6%
UK car sector warns 1 in 6 jobs in virus danger
Britain's carmakers are ravaged by the coronavirus pandemic, with the sector already shedding more than 6,000 jobs in June 2020
Europe 2020 auto sales to plunge record 25% – industry group
The European Automobile Manufacturers’ Association calls on governments to help the car industry recover and safeguard jobs
U.S. layoffs exceed 40 million but some returning to work
New data also show the United States' gross domestic product fell 5% in the 1st quarter of 2020, slightly worse than the 4.8% drop originally reported
Taiwan chip giant TSMC to build $12 billion U.S. plant
Construction for the TSMC facility in Arizona is set to start in 2021, with production of 5-nanometer chips beginning in 2024
Coronavirus crisis 'devastating' jobs, output – ILO
Tourism and car manufacturing are especially hard-hit, says the International Labour Organization
U.S. Fed warns of worsening economy as virus savages retail, factories
The coronavirus pandemic causes contractions in United States retail sales and manufacturing not seen in decades
Coronavirus calls into question PSA-Fiat Chrysler merger
Preparations continue on the planned merger of PSA and Fiat Chrysler, but the financial terms reportedly need to be reevaluated as a result of the coronavirus pandemic
PSA, Fiat Chrysler join to create world's 4th largest carmaker
The combined PSA-Fiat Chrysler group will have total revenues of nearly 170 billion euros ($190 million) and annual unit sales of some 8.7 million vehicles
Arms sales worldwide up nearly 5%, says new report
The turnover of the 100 biggest arms manufacturers comes to $420 billion, thanks in large part to the US market, says the report from the Stockholm International Peace Research Institute
PSA, Fiat Chrysler unveil merger of equals
The PSA-Fiat Chrysler merger will be achieved via the creation of a parent company in the Netherlands, which would be the world's 4th largest automaker in terms of sales
Giant Taiwan Apple supplier TSMC faces infringement claims
GlobalFoundries says it filed multiple lawsuits in the United States and Germany, alleging infringement of 16 of its patents by Taiwan Semiconductor Manufacturing Company
Fearing no-deal Brexit, UK carmakers slam brakes on investment
New investment in the United Kingdom's automotive industry plummets by 70% in the 1st half of 2019
Skills shortages, labor curbs may hit Singapore manufacturing
As more firms in Singapore shift into fields such as robotics and 3D printing, what are the possible challenges ahead?
Duterte orders Board of Investments to streamline steel industry projects
The Board of Investments will have to ensure that permits for critical steel projects will be issued within 20 days of filing
Volkswagen to cut up to 7,000 jobs at VW brand
The job cuts announced Wednesday, March 13, come on top of an existing restructuring program slashing 21,000 positions worldwide
Nissan cuts forecast in first earnings since Ghosn arrest
The Japanese car manufacturer downgrades its net profit forecast for the fiscal year from 500 billion yen to 410 billion yen
Japanese firm launches new line of robotic parts in Subic Freeport
The Subic-made products of Nidec-Shimpo Corporation will be exported to Spain, the United States, and Germany
Philippines joins Electronica, looks beyond manufacturing
The country showcases its electronics industry to potential investors and buyers, and eyes going beyond semiconductor manufacturing
Chip giant TSMC says WannaCry behind production halt
TSMC says some of its computer systems and equipment in its Taiwan plants were infected on August 3 during software installation. The incident is expected to cause shipment delays and cut third-quarter revenue by 2%.
Toyota investing $1 billion in Grab
(UPDATED) The Japanese automaker plans to expand beyond its core business into the 'mobility' sector
Next-generation chips for upcoming iPhones now in production – report
The new chip could be the first to use a 7-nanometer design, smaller than the 10-nanometer chips in today's flagships
Chinese smartphone maker Xiaomi returns to Philippines
With Xiaomi already dominating the Indian market, it makes a comeback to the Philippines
Ayala-led IMI's net income rises by 21% in acquisition-filled 2017
The global manufacturer's revenue is also up $1.09 billion for 2017, with two major European acquisitions bringing in a combined $193.9 million
Davao fire, Dengvaxia, PH embassy in Israel | Midday wRap
Watch the midday newscast with Mara Cepeda
'Heads must roll over Davao mall fire deaths' – labor groups
(UPDATED) The BPO Industry Employees Network calls the incident a 'massacre of working people who strive hard to earn a living'
IMI hits net income of $24.1M for first 9 months of 2017
The manufacturing arm of the Ayala group sees its two recent acquisitions contribute a combined $136.2 million in revenues
Trump says Tim Cook promised 3 new U.S. plants – report
Analysts say however that moving manufacturing back to US is unlikely for Apple which relies on a dense ecosystem of companies in Asia
San Miguel's latest venture: BMW vehicles
San Miguel Corporation sets up a new unit called SMC Asia Car Distributors Corporation marking its entry into the motoring business
Without efficient public transport, higher auto taxes 'unfair'
It s not going to be fair to the commuting public that we don t have that efficient transport system and yet we are shelling out big amounts in order to buy private vehicles says the Automobile Association of the Philippines
Ayala acquires German auto parts manufacturer
The P1 49 billion investment is part of AC Industrials expansion spree
INFOGRAPHIC: How tax reform hits your favorite drinks
The Philippine Chamber of Food Manufacturers says the excise tax on sugar sweetened beverages in the proposed tax reform package is the highest in the world
Apple starting US tech manufacturing fund with $1B
The tech giant creates a fund to get more people in the US to do advanced manufacturing
3D printing as a means to generate income
The nascent technology has the potential to democratize the manufacturing industry giving rise to independent home based and potentially profitable enterprises
SteelAsia offers to revive defunct National Steel
Local steel bar maker SteelAsia wants to ride the infrastructure boom and offers to revive the thrice privatized National Steel in Iligan City
PH exports fall by 7.5% in November 2016
Socioeconomic Planning Secretary Ernesto Pernia expects a better year for exports in 2017 in anticipation of stronger trade ties with China and Russia
Century Pacific to buy Chinese distribution firms for $2.56M
The acquisition is expected to support the expansion of Century Pacific s international branded segment which is still a small part of its business
Dozens of Bangladesh factories close as workers strike
Bangladesh Garment Manufacturers and Exporters Association president Siddikur Rahman says at least 55 factories will remain close until the Bangladesh government says it is safe to reopen them
Coca-Cola PH plans to invest $1B more in PH
The investment – over a period of 5 years – will help expand its supply chain and commercial footprint in the Philippines
Valenzuela execs, BFP officials, charged over Kentex fire
Investigators say Kentex should have been shut down because of its delinquent status General manager Ong King Guan is also among those charged
Japan big manufacturers' confidence at multi-year low
Sentiment among big manufacturers drops to its lowest levels since Japanese Prime Minister Shinzo Abe kicked off Abenomics in 2013
Ramon Ang to build $300M cement plant in Davao
The manufacturing facility will be able to produce two million tons or 50 million bags of cement per year
Auto, aerospace industries warm up to 3D printing
The technology has not always lived up to sky high hype but leading manufacturers remain bullish over its potential to shake up the factory floor
PH exports fall for 15th straight month in June
All the major commodity groups register declines for the month although exports of petroleum products do see a bump in volume
Nestle to invest P2 billion in new plant for MILO
The new plant is expected to begin production in November 2017
Factory space could boom in next 5 years – real estate expert
Growth rates could double by 2021 but this hinges on whether the government can lower electricity and water costs says the founder of Prime Philippines
Boeing reports $234M loss after unexpected costs
These costs include higher expenses for the KC 46 tanker program and for building the Boeing 787 Dreamliner
Airbus profit lifted by exceptionals
Orders slide by 27 but the plane manufacturer cites brisk sales at this month s Farnborough Airshow
