US Factory Production Falls by the most in Seven Months During September

Production in the United States fell by the most in seven months during September, mostly reflecting a slowdown in the production of motor vehicles as supply chain problems created materials shortages. Industrial production dropped by 1.3 percent in September, whereas …

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Indonesia Negotiating with WHO to Become Global Vaccine Hub

Indonesian Health Minister said Indonesia is negotiating with the World Health Organization (WHO) and six drug companies to become a global vaccine hub.  “We are working with the WHO to be one of the global manufacturing hubs for mRNA,” Health …

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Eurofarma to Produce Pfizer COVID-19 Vaccines

Pfizer and BioNTech announced that Eurofarma Laboratórios SA, a Brazilian biopharmaceutical company, will manufacture COVID-19 vaccines for distribution within Latin America. Eurofarma will manufacture COVID-19 vaccines as part of Pfizer and BioNTech’s global COVID-19 vaccine supply chain and manufacturing network, …

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Mass Evacuations Ordered After Thai Chemical Factory Explodes, Killing 1 Person

Thai Authorities have ordered a mass evacuation after the Ming Dih foam and plastic pellet manufacturing factory located just outside Bangkok near Suvarnabhumi Airport exploded, killing one person and injuring 29 others. The Disaster Prevention and Mitigation Department and Bang …

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Vietnam Foxconn Plants Shut Down due to Local COVID Outbreak

Vietnam’s northern province of Ban Giang ordered four industrial parks, including three that house production facilities for Taiwan’s Foxconn, to temporarily shut down due a COVID-19 outbreak.  The industrial parks will be closed until further notice, the province’s People’s Committee …

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Global Chip Shortage could Last Until 2023 Warns Supplier

German semiconductor supplier Infineon warned on Tuesday that the automotive industry would have to wait until around 2023 before the semiconductor industry could normalize supplies. The automotive industry was the first to experience the effect of semiconductor chip shortages after …

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Gigabyte Technology Faces Boycott in China

Taipei-based computer hardware maker Gigabyte Technology was boycotted in China after mocking Chinese-made goods. “Unlike other brands that have opted for low-cost and low-quality contract manufacturing in China, Gigabyte Technology is committed to producing excellent and high-performing components and laptops. …

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Apple Production at Foxconn Factory in India Cut 50% Due to Pandemic

Production on Apple’s flagship mobile device, the iPhone 12, has dropped by 50% at the Foxconn facility in India due to COVID-19 infections that have crippled their workforce. The Foxconn facility in question is located in Tamil Nadu and is …

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