Apple's legendary profit margins may be challenged if the firm releases its long-rumored low-end iPhone later this year. But the ones really feeling the pinch will be its suppliers. Apple does none of its own production and relies on Asia's contract makers - the biggest of the bunch being Foxconn. Foxconn draws an estimated 60 to 70 percent of its business from work commissioned by Apple.
The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money to strengthen its ailing device manufacturing unit. Sony rejected the plan, but analysts latched onto the idea as a way for Sony to unlock hidden value.
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output. The Federal Reserve said Wednesday that manufacturing output dropped 0.4 percent in April from March. It was the third decline in four months and the biggest since October.
But in the latest sign that there's a clash between what U.S. companies and overseas firms think should be done to solve the issues in Bangladesh, several North American retail groups led by the National Retail Federation on Tuesday said they are working on a separate factory safety plan.
The company, which is based in Mountain View, Calif., made a big splash at last year's conference by staging an elaborate production to highlight the potential of Google Glass — an Internet-connected device and camera that can be worn on a person's face like a pair of spectacles.
The lawsuit says more than 100 drivers have complained to the National Highway Traffic Safety Administration about the V6 EcoBoost rattling or losing power. Ford hasn't recalled any vehicles for the alleged defect, and NHTSA hasn't opened an investigation, which is often the first step in the recall process.
The electric car manufacturer says the bill that passed the Senate unanimously Monday effectively bars it from selling to state residents through its Internet-based model. The bill would require Tesla to go through the state's system of 7,000 franchised dealers by amending the definition of a dealer.
For decades, this dynamic cost estimating software has provided manufacturers a better way to estimate and quote parts more competitively. Version 12 is packed with upgrades and features that further enhance the speed, accuracy and consistency for estimators; as well as a new layer of specialized and unique features for machining and fabrication.
While the benefits of server virtualization at the corporate data center are receiving a great deal of attention, its ability to address lifecycle management issues may make virtualization even more compelling at the manufacturing plant, since implementing virtualization in manufacturing environments moves the technology into the business- and mission-critical realm. But do manufacturers fully grasp the risk versus reward?
Food Manufacturing spoke with Roger Kilmer of the Manufacturing Extension Partnership (MEP) about the importance of maintaining a strong manufacturing presence in the United States, and what resources are available to domestic manufacturers.
For an IT department, working with cloud applications and their providers can present a number of new challenges. Where the IT department previously took a facilitating role that is now transitioning to a coordinating role. In addition, it can be significantly more difficult to control user and access privileges in cloud applications.
An inside look at BMW's North American design lab, where the company works on everything from cars to coffee makers. Designworks is an independent creative agency owned by BMW that is always working on the next generation of cars.
Prices paid by U.S. importers fell in April for the second straight month, pushed lower by another decline in imported petroleum. Falling import prices help keep inflation in check. The Labor Department says import prices fell 0.5 percent last month compared with March, when prices had fallen 0.2 percent.
A unit of Beechcraft Corp. says production will begin this month in Wichita on 35 training aircraft for the military. Beechcraft Defense Co. on Monday announced the signing of a $210 million contract with the Air Force, under the government's Joint Primary Aircraft Training System procurement contract.
The Detroit automaker, which formally opened the giant data storage center in suburban Warren, Michigan, on Monday, said the changes are examples of how it is moving faster to cut costs and serve its customers better by bringing more computer technology inside the company.