Summary Companies Reports almost threefold jump in Q1 net profit Order intake down but backlog still over 38 bln euros China sales seen stronger in next nine months AMSTERDAM, April 19 (Reuters) – ASML Holding NV (ASML.AS) beat first-quarter earnings forecasts on Wednesday on continued strong demand for its chip making equipment, but noted some… Continue reading Untitled
Tag: Manufacturing
Volkswagen pumps 1B euros into China electric vehicle center
Auto Shanghai, which is underway this week, is a yearly opportunity for carmakers and auto suppliers to flex their muscles and show their commitment to China, the world’s largest auto market. At this year’s edition, Volkswagen announced that it will invest around one billion euros ($1.1 billion) in a new China center for the development,… Continue reading Volkswagen pumps 1B euros into China electric vehicle center
Hexagon halves quality inspection cycles and enables flexible manufacturing with the PRESTO robotic inspection cell
HANNOVER, Germany, April 18, 2023 /PRNewswire/ — Hexagon’s Manufacturing Intelligence division has launched its new automated robotic inspection cell PRESTO, enabling manufacturers to reduce quality inspection times, increase efficiency, and streamline workflows. PRESTO will enable customers, such as automotive OEMs, to cope with the dynamic demands of the market – such as the shift to… Continue reading Hexagon halves quality inspection cycles and enables flexible manufacturing with the PRESTO robotic inspection cell
A High-Flying Start to 2023 for GO7
First-quarter accomplishments include a new brand launch, partnering with several global airlines and solidifying the leadership team LONDON, MIAMI and TEL AVIV, Israel, April 18, 2023 /PRNewswire/ — GO7, a travel technology company committed to helping travel brands transform their operations by putting power back into their hands, has had a very active start to… Continue reading A High-Flying Start to 2023 for GO7
Smart Factory: MHP is a full-service provider for your digital transformation
Industrial Cloud Solutions (ICS) as a new business area The management and IT consultancy now offers cloud-based products These digital products are bundled in the “Industrial Cloud Solutions” cluster MHP launches two quality assurance tools: Sounce and paint_it At the Porsche plant in Leipzig and the development centre in Weissach, Sounce has already proven its value… Continue reading Smart Factory: MHP is a full-service provider for your digital transformation
Syncron to Present on the High Cost of Neglecting Aftermarket Parts Planning at the Gartner® Supply Chain Symposium/Xpo™ 2023
Syncron is delivering a presentation at this year’s Gartner® Supply Chain Symposium/Xpo™. ORLANDO, Fla., April 18, 2023 /PRNewswire/ — Gartner Supply Chain Symposium/Xpo — Syncron today announced its participation in the upcoming global conference for supply chain leaders, the Gartner Supply Chain Symposium/Xpo 2023, at the Walt Disney World Swan and Dolphin Resort. On May… Continue reading Syncron to Present on the High Cost of Neglecting Aftermarket Parts Planning at the Gartner® Supply Chain Symposium/Xpo™ 2023
Boeing Expands Partnership with Invictus Games to Support Wounded Veterans
BERLIN, April 19, 2023 /PRNewswire/ — Boeing [NYSE: B.A.] is expanding its support of the Invictus Games and the wounded servicemen and women from around the world who compete and inspire. For the first time, the company will serve as the Presenting Partner of Invictus Games Düsseldorf 2023. Continue Reading Invictus Games, Dusseldorf 2023 “The… Continue reading Boeing Expands Partnership with Invictus Games to Support Wounded Veterans
Tesla’s latest price cut brings Model 3 pricing below $40,000
This is the automaker’s sixth price cut for the year. Tesla has slashed its electric vehicles’ prices for the sixth time this year, on the eve of its next earnings report. It has quietly lowered the price for the Model 3, so that the the rear-wheel drive variant now starts at $39,990 or $2,000 less… Continue reading Tesla’s latest price cut brings Model 3 pricing below $40,000
Legend Capital leads $145m round for Chinese battery solutions provider Rongke
Chinese energy storage solutions provider Dalian Rongke Power has raised over 1 billion yuan ($145.4 million) in a Series B round of financing led by Legend Capital, the fund management arm of Legend Holdings. The investment marks the latest bet in the carbon neutrality space by Legend Capital, which manages over 70 billion yuan ($10.2… Continue reading Legend Capital leads $145m round for Chinese battery solutions provider Rongke
@Nissan: Nissan Formula E Team looks to maximize potential at Berlin E-Prix001029
2023/04/19 YOKOHAMA, Japan – Nissan Formula E Team heads to Berlin this weekend for Rounds 7 and 8 of the 2022/23 ABB FIA Formula E World Championship, with Norman Nato and Sacha Fenestraz set to tackle the second double-header of Season 9. Having hosted more E-Prix than any other venue, the 2.355-kilometre Tempelhof Airport Circuit… Continue reading @Nissan: Nissan Formula E Team looks to maximize potential at Berlin E-Prix001029