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IBM pays GlobalFoundries $1.5bn to shed its chip division

American multinational technology and consulting corporation IBM will pay $US1.5 billion ($A1.62 billion) to GlobalFoundries in order to offload its costly chip division, according...
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From cost exposure to cost control: Using energy flexibility to protect margins

Electricity price volatility is reshaping the cost base of Australian manufacturing, challenging long-held assumptions that energy can be treated as a stable operational input.