Business

Chipmakers' pandemic boom turns to bust as recession looms

Even in an industry famous for its rollercoaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade ...

Contamination disrupts flash chip output at two Japan plants

Operations at two Japanese factories producing flash memory chips have been disrupted by the contamination of industrial materials, chipmaker Kioxia said Thursday, as analysts warned of potential price hikes for the key smartphone ...

Automotive

GM to spend nearly $7B on EV, battery plants in Michigan

General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery ...

Business

Tesla holds 'Giga Fest' at disputed German factory

With a big wheel, music and an appearance by CEO Elon Musk, Tesla pulled out all the stops Saturday to win over opponents of the electric carmaker's controversial new "gigafactory" near Berlin.

Automotive

Chip shortage spurs new wave of car plant closures in Germany

Three automakers announced Thursday new temporary closures of manufacturing sites in Germany over a global shortage of semiconductors, with Opel closing a plant until 2022—the longest such stoppage so far.

page 1 from 5

Factory

A factory (previously manufactory) or manufacturing plant is an industrial building where laborers manufacture goods or supervise machines processing one product into another. Most modern factories have large warehouses or warehouse-like facilities that contain heavy equipment used for assembly line production. Typically, factories gather and concentrate resources: laborers, capital and plant.

This text uses material from Wikipedia, licensed under CC BY-SA