The iPhone X is the most expensive mobile phone on the market. It is a fact that consumers have largely gotten used to, and many early buyers now acquiesce that the high price is worth it. During Apple’s Q4 earnings call, CEO Tim Cook commented on the price point, saying: “We’re not trying to charge the […]
Tag: manufacturing
Tesla might be having problems, but its latest acquisition shows it’s pushing forward with robot manufacturing (TSLA)
Thomson Reuters Tesla is buying Perbix, an automated-manufacturing company. The deal is the second Tesla has done to automate its systems. The goal, as CEO Elon Musk has said, is to improve the machine that builds the machine. Tesla CEO Elon Musk has a big idea, and the company’s latest acquisition of a Minnesota-based automated […]
India considers tax and policy changes sought by Apple over iPhone manufacturing
(Reuters) – The Indian government is considering exemptions sought by Apple for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion, said on Thursday. The department is a part of India’s commerce and industry ministry. Apple has asked federal government officials for a range […]
Subaru Puts Focus Squarely on Cars as the Company Ends Industrial-Products Manufacturing
– On September 30, Subaru Corporation officially ended the sale and production of its generators, general-purpose engines, and other industrial products. The company has been making engines for use in such products as snowmobiles, agricultural equipment, and all-terrain vehicles, as well as generators and pumps, since 1951, when it first started producing the 540-cc M6 engine. But […]
U.S. FDA warns of problems with EpiPen manufacturing plant
U.S. regulator tells maker of the EpiPen injector device that serious component and product failures have been associated with patient deaths and severe illness. CBC | Health News
China’s manufacturing sector is purring as overseas demand soars
Thomson Reuters Activity levels across China’s manufacturing sector continue to improve. The Caixin-IHS Markit manufacturing Purchasing Managers Index (PMI) rose 0.5 points to 51.6 in August, leaving it at a six-month high. IHS Markit This PMI measures changes in activity levels across China’s manufacturing sector from one month to the next. Anything above 50 signals […]
Trump’s Faux Breakup With His Manufacturing Council
It was a quick turn for 26 hours’ time. On Tuesday morning, President Trump blasted Kenneth Frazier, the chief executive officer of Merck Pharmaceuticals, for leaving a White House advisory council in protest of Trump’s equivocating statement on the white-nationalist violence in Charlottesville. On Wednesday afternoon, after more than half a dozen CEOs joined Frazier […]
4 business leaders left Trump’s manufacturing council following Charlottesville — here’s how the rest of the council responded
AP President Donald Trump’s manufacturing council of business leaders lost three of its members Monday, and a fourth on Tuesday, amid fallout from his handling of the white-supremacist protests in Charlottesville, Virginia, over the weekend. Merck CEO Kenneth Frazier, the only black business leader in the group, was first to resign after Trump initially failed to explicitly […]
Intel and Under Armour are getting a brand boost after their executives walked out of Trump’s manufacturing council
Under Armour The president’s manufacturing council of business leaders lost three of its members Monday, and a fourth on Tuesday. The companies, particularly Under Armour and Intel, are being lauded and actually getting a brand boost on social media. According to data crunched by Brandwatch, 88.6% of the conversation around Intel and 89.4% of the conversation around Under […]
Intel CEO Brian Krzanich quits Trump manufacturing council
Enlarge / Intel CEO Brian Krzanich. (credit: NYU Stern BHR) Intel CEO Brian Krzanich has quit President Donald Trump’s American Manufacturing Council, he announced in a Monday statement. “I resigned to call attention to the serious harm our divided political climate is causing to critical issues, including the serious need to address the decline of American manufacturing,” Krzanich wrote. […]
