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Low Demand Hits China's Industrial Robot Market in 2024

Tuesday, December 24, 2024

New market research indicates that China’s industrial robot sales are projected to experience the first decline in five years due to low demand in the manufacturing industry. The report attributed that decrease to the “obviously tightening demand”...


India's Domestic Mobile Manufacturing Hits 99.2%

Thursday, December 19, 2024

Around 99 percent of mobile handsets being used in India are domestically manufactured, Minister of State for Electronics and Information Technology Jitin Prasada stated in Parliament on Wednesday.The production of domestic electronics...

Nissan and Honda's Merger to Result in a Slew of Benefits for Renault

Thursday, December 19, 2024

Renault shares surged 6% following reports of potential strategic and financial benefits stemming from merger discussions between Honda and Nissan, Japan's second- and third-largest automakers. Analysts view such a tie-up as having significant imp...

US invests $406 in GlobalWafers for Silicon Wafer Plant Expansions

Wednesday, December 18, 2024

The US Commerce Department announced it has finalized $406 million in government grants to Taiwan's GlobalWafers to substantially increase silicon wafer production in the United States. GlobalWafers announced in 2022 its intention to construct...


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