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Tesla Said to Run Reduced Output in Shanghai Plant in January: Report
Tesla is said to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to a report. Tesla will reportedly run production for 17 days in January between January 3 to 19 and will stop electric vehicle output from January 20 to 31 for an extended break for Chinese...
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Amid Covid Surge, China Says Medicines In "Adequate Supply"
Amid a rise in COVID-19 cases, the Chinese Foreign Ministry said that they have "expanded production capacity" of medical supplies amid reports of a shortage of fever and cold drugs medicines.
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China Takes Over Medical Supplies Across Country Amid Covid Surge
China has requisitioned medical supplies production across the country as millions struggle to obtain basic drugs and testing kits in the face of a surge in Covid-19 cases.
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iPhone Supplier Foxconn Told to Hire Retired Government Workers in China: Report
Foxconn's iPhone factory in Zhengzhou may say retired soldiers and government workers as employers soon as the local authorities in China's Henan province are urging them to take on stints at the iPhone manufacturing facility, as per Shanghai Securities News. Foxconn declined to comment on the hiring schemes.
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Foxconn Continues Closed Loop Production as China Imposes Lockdown on 600,000 People Around iPhone Plant
Foxconn on Wednesday said that its Zhengzhou park, the largest iPhone manufacturing plant in the world "maintains closed-loop operation", as Chinese authorities imposed lockdowns on 600,000 people in the area surrounding the factory. China is the last major economy committed to a zero-Covid strategy, persisting with snap lockdowns, mass testing and...
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iPhone November Shipments Said to See 30 Percent Slash Due to COVID-19 Woes in Foxconn China Plant
Apple supplier Foxconn's COVID-19 woes at its vast iPhone manufacturing facility in China's Zhengzhou city could slash the site's November iPhone shipments by up to 30 percent, a source with direct knowledge of the matter said.
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Google Pixel Phones May Be Assembled in India Amid China Lockdowns, US Tensions: Report
Google has solicited bids from manufacturers in India to make a part of the company’s estimated annual production of the Pixel smartphones, a report has suggested. It wants to make about 10-20 percent of its phones in India.
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iPhone 14 May Also Be Made in India, Apple Wary About High Standards for Product Secrecy: Report
iPhone 14 models may be manufactured in India to supplement the production in China as Apple looks for an alternative to minimise the impact of US-Sino geopolitical tensions and disrupted economic activity due to COVID restrictions in China.
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Foxconn Predicts Stability in Supply Chain in the Second Half of 2022 as China Eases COVID-19 Restrictions
Taiwan's Foxconn said that the second half of the year is heading "in a better direction" as China’s COVID-19 lockdown appears to be easing. The world's largest contract electronics maker has shown confidence in the stability of their supply chain as the year moves towards the second half.
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PS5 to Overtake PS4 Install Base in Year 4, as Sony Eyes More PC and Mobile PlayStation Titles
Sony said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease, with the PS5 expected to overtake PS4's install base in year four. While PS4 and PS5 titles are expected to make up more than two-thirds of releases in 2022, PC and mobile titles will make up almost half of new games in 2025.
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Tesla Said to Have Halted Production at Shanghai Plant Due to Supply Issues
Tesla has reportedly halted production at its Shanghai plant due to issues with securing parts for its electric vehicles, according to sources. Shanghai is in its sixth week of an intensifying COVID-19 lockdown.
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Brent Crude Falls Over 3% And Crashes To below $100 Per barrel
Brent crude oil fell over 3 per cent to crash below $100 per barrel, following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
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Brent Oil A Whisker Above $100 Per barrel As Crude Markets Extend Losses After Second Straight Weekly Decline
Crude markets started the week on a feeble note following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
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iPhone Supplier Foxconn Resumes Operations in China's Shenzhen Hit by COVID-19
iPhone supplier Foxconn has said that it has resumed normal operations in Shenzhen, the Chinese city hit by a new wave of COVID-19 cases, after creating a bubble for its workers.
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Tesla Says It Is Trying To Keep Production Going At Shanghai Factory
Tesla had suspended production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens measures to curb the country's latest outbreak.
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Tesla Said to Run Reduced Output in Shanghai Plant in January: Report
Tesla is said to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to a report. Tesla will reportedly run production for 17 days in January between January 3 to 19 and will stop electric vehicle output from January 20 to 31 for an extended break for Chinese...
-
Amid Covid Surge, China Says Medicines In "Adequate Supply"
Amid a rise in COVID-19 cases, the Chinese Foreign Ministry said that they have "expanded production capacity" of medical supplies amid reports of a shortage of fever and cold drugs medicines.
-
China Takes Over Medical Supplies Across Country Amid Covid Surge
China has requisitioned medical supplies production across the country as millions struggle to obtain basic drugs and testing kits in the face of a surge in Covid-19 cases.
-
iPhone Supplier Foxconn Told to Hire Retired Government Workers in China: Report
Foxconn's iPhone factory in Zhengzhou may say retired soldiers and government workers as employers soon as the local authorities in China's Henan province are urging them to take on stints at the iPhone manufacturing facility, as per Shanghai Securities News. Foxconn declined to comment on the hiring schemes.
-
Foxconn Continues Closed Loop Production as China Imposes Lockdown on 600,000 People Around iPhone Plant
Foxconn on Wednesday said that its Zhengzhou park, the largest iPhone manufacturing plant in the world "maintains closed-loop operation", as Chinese authorities imposed lockdowns on 600,000 people in the area surrounding the factory. China is the last major economy committed to a zero-Covid strategy, persisting with snap lockdowns, mass testing and...
-
iPhone November Shipments Said to See 30 Percent Slash Due to COVID-19 Woes in Foxconn China Plant
Apple supplier Foxconn's COVID-19 woes at its vast iPhone manufacturing facility in China's Zhengzhou city could slash the site's November iPhone shipments by up to 30 percent, a source with direct knowledge of the matter said.
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Google Pixel Phones May Be Assembled in India Amid China Lockdowns, US Tensions: Report
Google has solicited bids from manufacturers in India to make a part of the company’s estimated annual production of the Pixel smartphones, a report has suggested. It wants to make about 10-20 percent of its phones in India.
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iPhone 14 May Also Be Made in India, Apple Wary About High Standards for Product Secrecy: Report
iPhone 14 models may be manufactured in India to supplement the production in China as Apple looks for an alternative to minimise the impact of US-Sino geopolitical tensions and disrupted economic activity due to COVID restrictions in China.
-
Foxconn Predicts Stability in Supply Chain in the Second Half of 2022 as China Eases COVID-19 Restrictions
Taiwan's Foxconn said that the second half of the year is heading "in a better direction" as China’s COVID-19 lockdown appears to be easing. The world's largest contract electronics maker has shown confidence in the stability of their supply chain as the year moves towards the second half.
-
PS5 to Overtake PS4 Install Base in Year 4, as Sony Eyes More PC and Mobile PlayStation Titles
Sony said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease, with the PS5 expected to overtake PS4's install base in year four. While PS4 and PS5 titles are expected to make up more than two-thirds of releases in 2022, PC and mobile titles will make up almost half of new games in 2025.
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Tesla Said to Have Halted Production at Shanghai Plant Due to Supply Issues
Tesla has reportedly halted production at its Shanghai plant due to issues with securing parts for its electric vehicles, according to sources. Shanghai is in its sixth week of an intensifying COVID-19 lockdown.
-
Brent Crude Falls Over 3% And Crashes To below $100 Per barrel
Brent crude oil fell over 3 per cent to crash below $100 per barrel, following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
-
Brent Oil A Whisker Above $100 Per barrel As Crude Markets Extend Losses After Second Straight Weekly Decline
Crude markets started the week on a feeble note following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
-
iPhone Supplier Foxconn Resumes Operations in China's Shenzhen Hit by COVID-19
iPhone supplier Foxconn has said that it has resumed normal operations in Shenzhen, the Chinese city hit by a new wave of COVID-19 cases, after creating a bubble for its workers.
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Tesla Says It Is Trying To Keep Production Going At Shanghai Factory
Tesla had suspended production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens measures to curb the country's latest outbreak.
