CPROD

North American companies send in the robots, even as productivity slumps

North American companies send in the robots, even as productivity slumps

Aug 29 (Reuters) – North American companies snapped up a record number of robots in the first half of this year as they struggled to keep factories and warehouses humming in the face of an extremely tight labor market and soaring compensation costs. Companies ordered a record 12,305 machines in the second quarter valued at …

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Chinese chip foundry SMIC to invest $7.5 bln in new fab in Tianjin

Chinese chip foundry SMIC to invest $7.5 bln in new fab in Tianjin

A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen at China International Semiconductor Expo (IC China 2020) following the coronavirus disease (COVID-19) outbreak in Shanghai, China October 14, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 26 (Reuters) – Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) (0981.HK) …

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