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Facility Location Planning: Page 9
Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron
The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.
Japanese Carmakers Investing $4.3B in Thailand Over Next Five Years
Toyota and Honda will each invest about $1.44 billion in the country, while Isuzu Motors and Mitsubishi will combine to invest the remaining $1.44 billion.
Samsung Delays Production at New U.S. Factory to 2025, Daily Says
Mass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s foundry business.
Israel Giving Intel $3.2B Grant to Build New Chip Plant
Construction has already begun at the Fab 38 plant, which is due to open in 2028 and operate through 2035.
Tesla Acquires Land in Shanghai to Build Megapack Battery Plant
The company paid $31.13 million for use rights to a 48.7-acre plot near an existing Tesla plant that currently produces Model 3 and Model Y vehicles.
Gebrüder Weiss Opens Third Australian Location
The company said that it is planning to open additional locations in northern and western Australia in order to provide “blanket coverage” for the entire continent.
Orsted to Go Ahead with Building Giant U.K. Offshore Wind Farm
The final investment decision on the 2.9-gigawatt project shows that the offshore wind industry is picking back up after a crisis year.
U.S. Chipmaker to Sell Chinese Factories to Local Company
North Carolina-based Qorvo said that it had signed an agreement to sell its circuit assembly operations in Beijing and Dezhou to the iPhone assembler Luxshare Precision Industry.
World Courier Opening Three New U.S. Transportation Stations
World Courier said the stations will allow the company to expand its capacity to store, handle and transport pharmaceutical products, including those that require cryogenic storage.
Shanshan Considers €1.3B Battery Materials Factory in Finland
Shanghai Shanshan Lithium Battery Material Technology Co. Ltd has reserved a plot to construct a plant in the GigaVaasa industrial zone on the western coast of Finland.
TotalEnergies Building 216 MW Solar Plant in South Africa
The senior vice president of renewables at TotalEnergies, Vincent Stoquart, said that the venue will be made up of a solar plant as well as a 500-megawatt-hour battery storage system.
BMW Investigating Moroccan Miner Following Hazardous Water Claims
BMW has commissioned two investigations into the mine after a German newspaper said toxic arsenic was found in water samples.
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