Samsung Electronics workers begun a three-day strike for better pay, with their union pointing to further action should South Korea’s biggest conglomerate continue to fall short of its demands. The National Samsung Electronics Union (NSEU), whose roughly 30,000 members make up almost a quarter of the firm’s South Korean workforce, also wants an extra day of annual
India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, sources told international media, amid persistent calls for higher tariffs from top producers. India turned net steel importer in the fiscal year that ended in March and the trend continues with its finished steel imports scaling a five-year high in
USA senators attacked the CEO of Boeing for the planemaker’s tarnished safety record, overshadowing his apology to families who lost loved ones in two 737 MAX crashes and acceptance of responsibility after a January mid-air emergency. Chief Executive Dave Calhoun retained his composure under repeated questioning about how much he is paid, Boeing’s safety culture,
The Qatar Industrial Manufacturing Company (QIMC) and the country’s Mesaieed Petrochemical Holding Company (MPHC) have entered a joint venture to set up a $290 million salt factory. The factory, which will have a capacity to produce 1 million tonnes of industrial salt and table salt annually, will cater to the local market while exporting surplus
Chinese planemaker COMAC is eyeing Saudi Arabia as a launch pad for its international ambitions, as the state-owned company steps up efforts to sell overseas and break into a passenger jet market dominated by Western manufacturers. Chairman Dongfeng He visited Saudi Arabia for the first time recently, having welcomed a Saudi delegation to the company’s
The organization that developed the world’s first regenerative and recyclable microplastics water filter, Klar20 showcases a patented smart surface filter technology with an innovative patented biochemical adsorbing coating. This innovative design ensures the capture of microplastics, down to the smallest nanometer. Featuring a 99% microplastics filtration rate and a flow-through design requiring zero water pressure,
Counterfeiting is a major problem for the Indian economy, with an estimated $150 billion in annual losses. The pervasive issue affects many industries, including fashion, electronics, and pharmaceuticals. It causes serious financial losses, and damage to brands, and potentially poses a risk to public health and safety. The Indian government has adopted a multifaceted strategy
Washington has called on China to provide a level playing field for American businesses as Secretary of State Antony Blinken began a visit aimed at resolving a raft of contentious issues that could jeopardise the newly repaired relationship. Blinken’s trip is the latest high-level contact between the two nations that, along with working groups on
US manufacturing grew for the first time in 1.5 years in March as production rebounded sharply and new orders increased, but employment at factories remained subdued amid “sizable layoff activity” and prices for inputs pushed higher. The survey from the Institute for Supply Management (ISM) on Monday suggested the sector, which has been battered by
In 2023, more than 550,000 new robots were installed in factories, according to the International Federation of Robotics. But the vast majority were at large-scale plants, with an estimated 10% of them deployed at small- and medium-sized businesses. It’s these manufacturers that are the target for RobCo, a start-up designing low-cost and modular robots that
