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Units of electronics manufacturing giants Intel and Samsung are set to fully resume operations by the end of November after months of social distancing-triggered production disruption. Saigon Hi-Tech Park is helping its tenants, many of which are currently…
Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall Street estimates after Chief Executive Elon Musk asked staff to “go super hardcore” to make a quarter-end delivery push. Tesla has weathered the chip crisis…
The delay in iPhone 13 parts manufacturing in Vietnam is set to improve in mid-October as one key facility could resume production after months of Covid-19 disruption. The facility in southern Vietnam, a key iPhone camera module manufacturing facility in the…
Vietnam targets reducing coal-fired power production by 6 percent this year to prioritize solar and wind energy even as it grapples with limited transmission capacity. This means a cut of 8 billion kilowatt-hours from a projected 126 billion kilowatt-hours of…
Apple and its partners have already moved some iPhone 11 and iPhone XR production to India, and the iPhone 12 could too be manufactured in the region as the company looks to further reduce its dependence on China. iPhone 12 production is soon going to start…
Samsung has rebutted reports it plans to shift part of its smartphone production in Vietnam to India, saying the former will continue to be the group’s major manufacturing base. Samsung Vietnam said in a statement that its smartphone manufacturing factories…
Vietnam’s mask exports fell by nearly 35 percent in July to 154 million units as global demand dwindled. By the end of the month, the country had exported 711 million masks to the U.S., Europe, Singapore, South Korea, and other markets since the Covid-19…
Toyota Vietnam has called back 721 vehicles to fix a bolt issue that could stall operation. The recall, starting Monday, involves 183 Innovas and 538 Fortuners, manufactured between January 21 and May 11. The affected vehicles were equipped with automatic…
Tesla has launched a hiring spree in Shanghai with plans to bring on designers at its China studio and about 1,000 factory workers, job posts show, as the U.S. electric vehicle maker ramps up production in the world’s biggest auto market. The posts on the…
Two weeks ago we told you that Apple’s largest manufacturing partner Foxconn plans to invest the princely sum of $1 billion to increase the production of the iPhone in India. The latter is the second-largest smartphone market in the world after China,…
Toyota Motor will make 2% fewer vehicles globally in August than originally planned, the Japanese automaker said on Tuesday, as output recovers gradually from a steep drop because of the coronavirus pandemic. The company said it aimed to make 15,000 fewer…
Ferrari, on Friday, officially announced the resumption of operations at its Maranello and Modena plants at full capacity, which in-line with its ‘Back on Track’ program. The first car to roll out from the Special Series lines was Ferrari Monza SP2 with a…
Mercedes-Benz maker Daimler has seen business stabilize in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday. Mercedes-Benz delivered a total of approximately 477,400 passenger cars…
Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they hope to restart U.S. and Canadian auto production in May amid the ongoing coronavirus pandemic. The Japanese automaker halted production on March 23 and said it will extend the halt through…
With the coronavirus claiming the life of 490 people and infecting 24,324 at last count, a number of businesses in China have cut back their operations or have closed altogether. This hits Apple right in the solar plexus since the company depends on contract…
German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Hungarian Foreign Minister Peter Szijjarto said on Monday. An Audi representative at the premium carmaker’s Ingolstadt headquarters in…
