The manufacturing sector is experiencing a dramatic turnaround in business, according to figures released by the White House.
President Donald Trump has consistently said he wants the manufacturing sector to grow and has personally intervened to persuade many large manufacturing companies to consider relocating or expanding their operations in the US.
Foxconn, the main manufacturer for Apple’s smartphones and tablet computers, is looking for locations in the US to invest $10 billion into setting up factories, according to a variety of reports in the media.
The company has already earmarked $7 billion for a display panel factory after buying the Sharp electronics company, although it’s not certain where it will be located.
President Donald Trump plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a source briefed on the decision said on Wednesday, a move that promises to deepen a rift with US allies.
White House officials cautioned that details were still being hammered out and that, although close, the decision on withdrawing from the 195-nation accord – agreed to in Paris in 2015 – was not finalized.
US President Barack Obama has appointed General Motors chief executive Mary Barra to a newly created advisory committee on self-driving cars, and critics are already saying she should be the first person to whom the incoming president, Donald Trump, should say: “You’re fired.”
Consumer advocates called on President-elect Donald Trump to make Barra his first firing and remove her as co-chairman of the newly created Department of Transportation Advisory Committee on Automation in Transportation.
In a letter to Trump, Jamie Court, president of Consumer Watchdog, John Simpson, the group’s privacy project director, and Joan Claybrook, chair of Citizens for Reliable and Safe Highways, wrote: “As you know, robot cars, trucks, drones and other technology threaten to replace tens of millions of American jobs, pose a danger to the safety of our roads and public spaces, and come with significant privacy and security threats.
Donald Trump’s election as the next US president is generating a lot of speculation about US-China relations, especially in investment and trade. People are wondering what the implications will be for both Chinese and US companies.
Tech giant Apple looks to have decided to expand its manufacturing operations in the US. The company filed a notification in the Federal Register apparently to that effect.
A statement on the Federal Register website says that Apple already has authority to manufacture within the Mesa, Arizona region. “The new request would add finished products and foreign status materials and components to the scope of authority,” it says.
TechCrunch notes that the statement included a mention of Apple’s plan to build data centre server cabinets, which is not a consumer product Apple sells and, therefore, TechCrunch presumes, would be “used for building out its own data centers”. Continue reading Apple to expand manufacturing in America
President-elect Donald Trump and some of Silicon Valley’s most powerful executives met at his Manhattan tower in the past week, at a summit convened to smooth over frictions after both sides made no secret of their disdain for each other during the election campaign.
The meeting focused chiefly on economic issues, including job creation, lowering taxes and trade dynamics with China, while largely skirting the many disagreements the tech industry has with Trump on matters ranging from immigration to digital privacy, according to a Trump transition team statement.