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Capacity/Facilities

Apple Aims to Make a Quarter of the World’s iPhones in India

Apple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Appleand its suppliers

Activist Nuns, With Stake in Smith & Wesson, Sue Gun Maker Over AR-15 Rifles

Updated Dec. 5, 2023 3:49 pm ETA group of activist nuns filed an unusual shareholder lawsuit to pressure gun maker Smith & Wessonto drastically change the way it markets, makes and sells its popular version of the AR-15 rifle.The so-called shareholder derivative action, which the nuns filed in Nevada state court Tuesday against publicly traded Smith & Wesson, alleges that company leaders are putting shareholders at risk. They argue the leaders are exposing the company to liability by the way they have made and

Meta’s Threads to Launch in Europe in App’s Biggest Expansion Since Debut

Facebook parent Meta Platforms plans to launch Threads in Europe in December, according to people familiar with the matter. The launch represents Threads’ largest market expansion since its debut in July and signals the social-media company’s commitment to the microblogging service, which rivals that of Elon Musk’s X, formerly known as Twitter. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Facebook parent MetaPlatforms plans to launch Threads in Europe in December,

Our Guide to OpenAI, Sam Altman and What the Heck Happened

Nov. 24, 2023 10:04 am ETIn the past week, Sam Altman was fired as CEO of OpenAI, stumbled in a coup to return and then finally secured his old job at the artificial intelligence company. A team of reporters at The Wall Street Journal has hustled to find out what happened, why, what’s next and what the consequences are for Altman, employees, investors, customers—and the future of AI. Here, please find a selection of our work thus far. Much more to come.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.

Exxon Makes Lithium Play in Long-Term Bet on EV Demand

Exxon Mobilsaid Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030.  The Texas-based oil company’s entrance into the lithium business, first reported by The Wall Street Journal in May, is an effort to reposition itself long-term for the advent of EVs and electrification in the transportation sector, which it dominated for decades as one of the world’s largest fuel makers. Lithium is a key ingredient in making batteries for EVs,

How Chipotle's Founder Is Moving Beyond Burritos

Steve Ells returns to the restaurant industry with a new concept light on meat and long on automation. Steve Ells returns to the restaurant industry with a new concept light on meat and long on automation. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Israel Wants Inexpensive Drones. Chinese, American—It Doesn't Matter.

Executives and financiers are hustling to get off-the-shelf drones to Israel for reconnaissance and rescue. Executives and financiers are hustling to get off-the-shelf drones to Israel for reconnaissance and rescue. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If…

Wegovy Maker Novo Nordisk to Spend $6 Billion Boosting Production Capacity

Novo Nordisk, the Danish pharmaceutical giant that makes the blockbuster Wegovy obesity drug, said it will invest more than $6 billion to boost production capacity.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Novo Nordisk, the Danish pharmaceutical giant that makes the blockbuster Wegovy obesity drug, said it will invest more than $6 billion to boost production capacity.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.

Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push

GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Biden's 'Made in America' Pledge Collides With His Climate Goals

Companies and lawmakers are trying to influence how the government gives out billions in subsidies. Companies and lawmakers are trying to influence how the government gives out billions in subsidies. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner…