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Chinese chipmaker SMIC to invest US$280 million in advanced assembly...
2015-09-17 13:27:22| Semiconductors - Topix.net
Semiconductor Manufacturing International Corp , China's biggest contract manufacturer of integrated circuits, is teaming up with Qualcomm to invest US$280 million in the development of an advanced assembly package line for the country's growing chip industry. Shanghai-based SMIC and a subsidiary of Qualcomm, the world's leading supplier of mobile chips, signed on Wednesday a non-legally binding term sheet to invest in SJ Semiconductor, a specialist in advanced wafer-level packaging and testing based in the eastern coastal province of Jiangsu.
Tags: advanced
million
chinese
assembly
Intel to invest $50 million in quantum computer research
2015-09-04 13:30:07| Extremetech
Intel has announced that it intends to pump more than $50 million into quantum computing research, in partnership with TU Delft, the Netherlands largest technical university.
Tags: research
computer
million
intel
NEWS India's Motherson to invest $150 million in Alabama plant
2015-08-22 06:35:22| Auto Dealers - Topix.net
Indian auto component supplier Samvardhana Motherson Group is investing $150 million in a facility in Alabama to make bumpers, interior panels and other parts for Mercedes Benz, state officials announced Aug. 20. The investment by Noida, India-based SMG is one of two new facilities the company is building worldwide to fill what it calls its "biggest ever order" from the German car maker and its parent Daimler AG, worth $2.45 billion. The Indian firm first announced the investment in May but did not provide details.
Tags: news
million
plant
alabama
GM to invest US$877 million to overhaul Flint, Michigan, truck plant
2015-08-04 17:53:46| Automakers - Topix.net
DETROIT: General Motors Co said on Tuesday it will spend US$877 million to overhaul its pickup truck factory in Flint, Michigan, capping a series of investments to keep production of profitable large pickups and sport utility vehicles rolling through a significant model change expected in 2018. The Flint investment is part of a plan to expand three U.S. truck plants to install new assembly lines, body welding shops and paint operations for future generations of Silverado pickups and SUVs such as the Chevrolet Tahoe and Cadillac Escalade, while still running the operations that build current models.
Tags: million
plant
michigan
truck
Toyota to invest $421 million in Cambridge, Ont. plant
2015-08-03 18:38:24| Canadian Plastics Headlines
Toyota Motor Manufacturing Canada will invest $421 million to launch the next generation Lexus RX 350 and 450h vehicles at its assembly plant in Cambridge, Ont. The federal and Ontario provincial government will partner to provide a total of $100… The post Toyota to invest $421 million in Cambridge, Ont. plant appeared first on Canadian Plastics.
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ont
plant
toyota
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