TSMC evacuates some factory lines after Taiwan's strongest earthquake in 25 years
Taiwan Semiconductor Manufacturing Co evacuated some production lines after a major earthquake hit Taiwan early Wednesday.
Manufacturing asian news
CNBC Daily Open: Projections are not promises
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Singapore's economic losses due to heat stress could nearly double to over $1.5 billion in 2035
Singapore's economic losses due to heat stress could nearly double to $1.64 billion in 2035 from pre-pandemic 2018 due to a decline in labor productivity, a recent study by the National University of Singapore showed.
China needs new strategy to counter US moves on global trade, analysts say
Washington’s efforts to divert international supply chains from China are already making enough of an impact to drive recommendations for a new game plan from analysts and manufacturers, in their view an essential step to counter a fragmentation of trade that is already under way – and likely to worsen in the coming years.
Intel shares fall after company reveals $7 billion operating loss in foundry business
Intel shares fell 4% at one point in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, often called a foundry business, in a SEC filing.
India manufacturing PMI surges to 16-year high ahead of elections
BENGALURU -- India's manufacturing activity surged to a 16-year high in March, underpinning the labor market and boding well for Prime Minister Narendra Modi ahead of general elections expected from later this month.
India wants to become the top manufacturing alternative to China. But first it needs to beat Vietnam
India wants to be the top manufacturer in Asia as companies shift away from China, but first it needs to lower taxes and improve supply chain efficiency if it wants to dethrone Vietnam.
Japan approves additional $3.9 billion in subsidies for chip firm Rapidus to meet semiconductor goals
Japan said Tuesday it has approved up to 590 billion yen ($3.89 billion) in additional subsidies for chipmaker Rapidus Corporation, as the country plays catch up with other nations on semiconductor manufacturing.