Latest Electronic parts manufacturing News

'Silicon Heartland' boon for Ohio, but families mourn homes

Jun. 28, 2022 16:04 PM EDT

JOHNSTOWN, Ohio (AP) — When President Joe Biden applauded a decision by Intel Corp. to build a $20 billion semiconductor operation on “1,000 empty acres of land” in Ohio, it didn't sit well with Tressie Corsi. The 85-year-old woman has lived on 7 acres of that land since she...

Musk vows fast fix for new "money furnace" Tesla factories

Jun. 23, 2022 14:11 PM EDT

Tesla CEO Elon Musk described the electric automaker's factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce. In a May 30 interview with a Tesla owners club that...

South Korea launches first satellite with homegrown rocket

Jun. 21, 2022 11:33 AM EDT

SEOUL, South Korea (AP) — South Korea conducted its first successful satellite launch using a domestically developed rocket on Tuesday, officials said, boosting its growing aerospace ambitions and demonstrating it has key technologies needed to launch spy satellites and build larger missiles amid...

Takeaways from AP interview: Biden on inflation, US psyche

Jun. 17, 2022 07:13 AM EDT

WASHINGTON (AP) — President Joe Biden sat down with The Associated Press to discuss the state of the economy, his concerns about the national mood and his commitment to standing up to Russia's aggression in Ukraine. Takeaways from Biden's first news media interview since February:...

EPA: 'Forever chemicals' pose risk even at very low levels

Jun. 15, 2022 17:05 PM EDT

WASHINGTON (AP) — The Environmental Protection Agency is warning that two nonstick and stain-resistant compounds found in drinking water are more dangerous than previously thought and pose health risks even at levels so low they cannot currently be detected. The two compounds,...

South Korean truckers end 8-day strike, return to work

Jun. 14, 2022 22:51 PM EDT

SEOUL, South Korea (AP) — Truckers in South Korea ended an eight-day strike that caused major disruptions to domestic production and cargo transport, their union and the government announced after negotiations Tuesday. Thousands of truckers joined the nationwide strike, calling for...

Five Below, Zendesk fall; Oxford, Signet rise

Jun. 09, 2022 16:28 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Five Below Inc., down $1.86 to $133.51. The discount retailer cut its annual profit and revenue forecasts. Forward Air Corp., down 17 cents to $93.70. ...

French lawmakers pledge support for Taiwan on island visit

Jun. 09, 2022 07:58 AM EDT

TAIPEI, Taiwan (AP) — A French parliamentary delegation pledged support for Taiwan during a meeting Thursday with the president of the self-governing island democracy that China claims as its own territory with no right to diplomatic recognition. Senator Joel Guerriau, vice...

High prices, low inventory, a new norm for car shoppers

Jun. 08, 2022 06:22 AM EDT

Shopping for a new or used car over the last couple of years has become a more challenging endeavor. Because of the COVID-19 pandemic and its after-effects, we’ve had to deal with factory closures, supply chain issues, a worldwide shortage of semiconductor chips, vehicle shortages, price hikes on...

Nissan exec: turnaround plan working, US factories to grow

Jun. 06, 2022 13:48 PM EDT

FARMINGTON HILLS, Mich. (AP) — Two years ago, struggling Nissan Motor Co. announced a restructuring plan to cut costs and revamp its aging model lineup in an effort to rebuild sales as the coronavirus pandemic eased. Jérémie Papin, the company's chairman for the Americas, says...