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Keywords: Manufacturing
South Korean President Lee Jae Myung has called for the relocation of a military airbase in Gwangju by mid-2028, seeking to accelerate the development of a major semiconductor manufacturing cluster in the southwestern city. Speaking Monday, Lee instructed the Defence Ministry to advance the relocation......
President Donald Trump has announced more than $2 billion in new investments aimed at expanding mining and critical-mineral production in the United States, alongside more than $180 million in funding dedicated to education, training and workforce development. Speaking at a roundtable at the U.S. Department......
Tesla and SpaceX have announced plans for a major semiconductor manufacturing initiative known as Terafab, a project valued at approximately $16.8 billion that aims to strengthen advanced computing capabilities for future technologies. The planned facility in Texas reflects the growing importance of......
The future of French glassware manufacturer Duralex has entered a new phase as three prospective buyers have formally submitted takeover bids, setting the stage for a competitive process aimed at preserving one of France's most recognizable industrial brands. The list of candidates includes two......
SK Hynix has approved a multi-year investment programme worth approximately $38.3 billion, reinforcing its long-term strategy to expand semiconductor manufacturing capacity and strengthen South Korea's position in the global memory chip industry. The decision marks one of the company's most......
China recorded robust trade growth in July, with both exports and imports rising sharply from a year earlier as strong global demand for technology products—particularly those linked to artificial intelligence—continued to support the country's external sector. The latest customs figures......
Europe's largest bicycle manufacturer, Accell Group, has entered insolvency proceedings in the Netherlands after failing to secure a long-term solution to its financial difficulties, marking a major setback for one of the continent's most prominent cycling companies. The move comes after months......
Italy's manufacturing sector suffered an unexpected setback in June, with official data revealing a sharper-than-anticipated decline in industrial production and raising fresh questions about the strength of the country's economic recovery. Figures released by Italy's national statistics......
Morocco continues to strengthen its reputation as a leading automotive manufacturing hub after Renault Group produced nearly 200,000 vehicles at its factories in Tangier and Casablanca during the first half of 2026. The latest production figures highlight the country's growing role in global vehicle......