factory

Following recent protests at Apple Inc's (NASDAQ: AAPL) iPhone factory in China over strict COVID rules and unpaid dues, the company is quickening the pace of its plans to move production out of the country.  According to a report by the Wall Street Journal, Apple is...

On Sunday, the German labor union Verdi called all employees to strike at seven different Amazon.com, Inc (NASDAQ: AMZN) locations over a pay dispute.  According to a Verdi spokesperson, the duration of the strike is open. Verdi has demanded that the company raise pay in the...

Tesla (NASDAQ: TSLA) CEO Elon Musk hosting thousands of locals at the Tesla’s Germany factory in an Oktoberfest-style event on Saturday.  As many as 9,000 locals attending the event at a small town in Gruenheide. The festival started at 10:00 a.m. local time (08:00 GMT) and...

Tesla Inc.'s (NASDAQ: TSLA) Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, Reuters reports, citing unidentified sources.  What Happened: According to the report, the plant has seen a delivery rush at the end of the July-...

Tesla Inc's (NASDAQ: TSLA) Gigafactory Berlin is under construction, with vehicles scheduled to be completed in the coming months. Earlier in March, Model Y bodies were spotted at the factory, showing some production testing may already be underway.  Now Tesla fan site, Tesmanian,...

Tesla Inc. (NASDAQ: TSLA) on Thursday confirmed that its Shanghai Gigafactory is currently shut down for production, the Nikkei Asian Review reported on Friday (Tokyo time). What Happened The electric vehicle maker however denied earlier reports that suggested the closure was due to a "...

Image Sourced from Pixabay

Nokia (NYSE: NOK) is desperate to unload its manufacturing plant in Chennai, India. How desperate? The phone maker is willing to pay Indian tax authorities $487 million in order to let Microsoft Corp (NASDAQ: MSFT) take over the plant, Bloomberg reported. The transfer is designed to get Nokia...