Tuesday, April 30, 2024

Ficosa and Panasonic formalise alliance

Spanish automotive components supplier Ficosa and Japanese electronics giant Panasonic signed a capital and business alliance on 30 June 2015. The deal was announced on...

Tesla inks deal to secure lithium for $10bn battery gigafactory from Mexico

Tesla has inked a contract with Canadian Bacanora Minerals Ltd and London investment company Rare Earth Minerals for the supply of lithium for its gigafactory that...

Boeing says China will add over 6,300 new aircraft by 2034

The world's largest aerospace company Boeing last week said that the world's most populous country and second-largest economy will need 6,330 new aircraft worth...

BAE Systems pens $50m US Army contract

BAE Systems has received a $50 million contract from the US Army for the continued production of MK 90 Propellant grains. The MK 90 propellant...

IndiGo makes $26bn order for 250 Airbus A320 Neo aircraft

India’s largest airline IndiGo has ordered 250 Airbus A320neo Family aircraft for a total of $26.55 billion, which makes it the global plane maker's...

HTC to cut jobs as part of business “realignment program”

Global technology giant HTC has announced a program of business realignment aimed at generating significant profit growth through a leaner and more agile operating...

GM’s Flint assembly plant to undergo $877m upgrade

General Motors (GM) has announced a $877 million investment over the coming years to transform its oldest assembly plant in North America. The investment will see...

German automotive industry consortium acquires Nokia’s HERE segment 

Finnish multinational technology company Nokia has confirmed the sale of its HERE digital mapping and location services business to a consortium of leading automotive...

Solidscape and Kangshuo Group create largest 3D printing service bureau to support China’s fast...

Solidscape®, Inc. has announced that it has signed a strategic agreement with the Kangshuo Group Co. Ltd for the creation of the largest 3D printing...

Lockheed Martin acquires Black Hawk helicopter maker Sikorsky

Global security and aerospace company Lockheed Martin is set to consolidate its position as the world’s largest military contractor with the $9 billion acquisition...
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Beyond Insights: Building trust into digital transformation technologies

Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.