Tag: global manufacturing
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.Â
Global manufacturing PMI remains in contraction in September— JP Morgan
The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.
Bosch opens semiconductor testing facility in Malaysia
Bosch has opened a new semiconductor test centre in Penang, Malaysia, investing EUR 65 million (AUD 109 million) to create additional capacity within the company’s global manufacturing network to meet the continued high demand for chips and sensors.Â
Global Manufacturing PMI faces further downturn amid slowdown in new orders – JP Morgan
The global manufacturing sector has remained in recession as July saw output fall even more amid the drop in new order intakes, which continued for the thirteenth month in a row, according to the latest Purchasing Manager’s Index (PMI) report from JP Morgan.Â
Global Manufacturing PMI slips further amid new order intakes decline, says JP Morgan
Conditions in the global manufacturing industry have seen a decline in June as output shrinks to contraction, dragged by a decrease in new order intakes, according to the latest global manufacturing PMI report. Â
Queensland nanomaterials company partners with Boeing to develop space applications
Queensland-based nanomaterials company White Graphene Limited is slated to work with global manufacturing giant Boeing after winning the Sustainability in Space Pitch Competition and clinching $100,000 in funding.Â
What AI could mean for modern manufacturers
Now more than ever, manufacturers all around the world are being pushed to test the limits of their current capabilities as they weather multiple disruptive global events, like the COVID-19 pandemic and the war in Ukraine.Â
The gateway to ASEAN: Setting up for business success in Singapore
For businesses seeking to expand and develop an Asian presence, Singapore offers a wealth of possibilities.
ABB secures $80 million in orders from Spanish Stadler
Stadler has placed an order with leading global technology company ABB for energy-efficient propulsion and high-performance battery solutions for high-capacity commuter trains worth roughly...
Global manufacturing PMI: close to decade-high, but supply pressures worsen
Activity in the global manufacturing sector sat close to a decade-high in December 2020, with production and new orders among the strongest seen over...
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
