Hyundai, GM EV battery fires linked to cells manufactured in LG factories

Shares in Korean battery maker LG Chem fell to a nine-month low on Friday as investors digested reports linking fires in General Motors Co and Hyundai Motor Co vehicles to LG batteries at at least two factories in Asia . Documents submitted by GM and Hyundai to the US safety regulator show how the two … Read more

Rent-a-Robot: Silicon Valley’s new answer to labor shortages in smaller US factories

Silicon Valley has a new argument for persuading small businesses to automate: rent a robot. Better technology and the need to pay higher salaries to humans has produced an increase in robot sales for large companies across America. But few of these automatons are morphing into smaller factories that are concerned about high start-up costs … Read more

Intel plans to source chip subcomponents from outside factories, details partnerships with TSMC

Intel on Thursday gave new details of its turnaround strategy to source subcomponents of its chips from outside factories, including new details of partnerships with rival Taiwan Semiconductor Manufacturing Company (TSMC). Intel is one of the few remaining semiconductor companies that still designs and manufactures its own chips. But it lost its lead in making … Read more