FRANKFURT, Aug 21- For German car parts maker ZF Friedrichshafen its attempt to buy U.S. rival TRW will take the company to the front of the grid as the race to make cars ever more intelligent and connected splits the industry into those making commoditised components and system providers which put the driver in the back seat.» Read More
TAIPEI, July 17- Taiwan Semiconductor Manufacturing Co Ltd is likely to lose orders for its next-generation chips from Apple Inc and Qualcomm Inc to rival Samsung Electronics Co Ltd, according to an analyst and Taiwanese media.
TAIPEI, July 16- Taiwan Semiconductor Manufacturing Co Ltd, the world's largest contract chip manufacturer, expects revenue to grow at least a record 20 percent this year thanks to increased demand from smartphone makers like Apple Inc..
NEW DELHI, April 24- Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of its global handset business to Microsoft.
SEOUL, April 24- SK Hynix Inc., the world's second-largest memory chipmaker, expects a strong pickup in memory chip shipments for the second quarter as the launch of new smartphones by manufacturers like Apple Inc. boosts demand.
SEOUL, April 18- Samsung Electronics Co said on Friday it would license its latest chip manufacturing technology to U.S. firm GlobalFoundries, a move that would help it expand production as it vies with bigger rival TSMC for orders from customers like Apple Inc.
TAIPEI, April 14- Taiwan Semiconductor Manufacturing Co Ltd targets record revenue in the second quarter as more of the company's chips are installed in high-end smartphones to power increasingly complex features.
Despite the improvement in the overall jobs picture in the U.S—as non-farm payrolls grew by 195,000 in June—employment in American manufacturing is still bleak.
As firms like Foxconn shift factories away from higher-cost centers, they are discovering that workers in new locations across China are not as abundant as they had expected, prompting multinationals and their suppliers to use millions of teenage students from vocational and technical schools on assembly lines.
Apple CEO Tim Cook confirms the company will relocate production of one product line to the USA.
In another sign the American economy is on the comeback trail, a new survey from KPMG shows optimism is improving among U.S. manufacturing and service industry executives. Executives in both key sectors say the worst is behind us.