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manufacturing Archives - ViewusGlobal

#manufacturing (10 Posts)

  • Kia Issues Major Recall: Over 76,000 Cars Affected by Safety Flaw South Korea recalls 76,382 vehicles, including Kia Niro, due to a design flaw affecting airbag deployment and passenger safety.
  • Copper Prices Hit Nine-Month Low as China's Economic Struggle Continues Copper prices hit a nine-month low amid weak Chinese stocks and economic concerns, prompting speculation about stimulus measures from Beijing.
  • China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025 China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
  • iPhone 16 Ban in Indonesia Could Be Lifted Soon After Apple’s Massive Investment Apple plans a $1 billion investment in Indonesia to lift the iPhone 16 sales ban, boosting local production and education initiatives.
  • Apple's AirPods Now Made in India, Phasing Out China Apple begins pilot production of AirPods in India, marking a shift in manufacturing strategy amid rising costs in China.
  • Citigroup Warns: Trump’s Tariff Threat Could Send Copper Prices Crashing Citigroup predicts a bearish copper market, lowering projections due to trade policy concerns and economic risks, projecting $8,750 per ton by 2025.
  • New Trump Era: South Korea’s Tech Industry Faces Risks and Rewards Trump's reelection is expected to significantly impact South Korea's science and technology innovation environment.
  • China's Electric Vehicle Boom Fuels Investment Interest in Battery Sector Despite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
  • Saudi Arabia's Ambitious Shift Towards Automated Manufacturing Saudi Arabia is aiming to reduce its dependence on the oil industry and leap towards becoming a powerhouse in automated manufacturing. According to industry sources on the 24th, Saudi Arabia is striving to restructure its industries around future advanced technologies, reducing its reliance on oil, which accounts for 40% of its Gross Domestic Product (GDP) […]
  • Hyundai, BMW, Kia, and Stellantis Recall 6.9 Million Vehicles: What You Need to Know Due to manufacturing defects, Hyundai, BMW, Kia, and Stellantis Korea are voluntarily recalling over 60,000 vehicles. The Ministry of Land, Infrastructure, and Transport announced on the 7th that 43 models of 69,044 vehicles manufactured, imported, or sold by these companies have been found to have manufacturing defects and will be recalled. Firstly, 22,803 units of […]

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