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5 Ways Automating the Manufacturing Process can Save you Money

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When technological advancements began, the global population worried that it would eliminate the need for employees. That being true, it also brought along easy ways of production and reduction of operational costs.

Manufacturing is an industry that is growing fast and becoming more competitive. Manufacturers keep an eye out for methods that accelerate production, lower costs, and maintain quality.

Automating the manufacturing process can save you business funds in the following ways. [Read more…] about 5 Ways Automating the Manufacturing Process can Save you Money

Big investor dumps all its Rolls-Royce stock

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ValueAct, a San Francisco-based investment company with more than $16 billion of assets under management, has sold all its shares it Rolls-Royce, according to a report on the Financial Times website.

ValueAct is said by Reuters to have at one stage held almost 10 percent of Rolls-Royce entire stock, which currently capitalizes at approximately $6.3 billion.

One of the most famous names in the industry, Rolls-Royce is one of the world’s leading suppliers of aircraft engines. [Read more…] about Big investor dumps all its Rolls-Royce stock

Apple releases robot that takes apart iPhones and saves valuable components

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apple liam robot
The Apple Liam robot deconstructs iPhones and saves components and materials for recycling

Apple has introduced a robot that takes apart discarded iPhones and recycles the valuable components inside, according to a report on the Reuters website.

Liam is reported to have been in development for three years, and will start with disassembling the iPhone 6.

Apple says it will modify the robot so it can handle a variety of devices and recover more of their components and materials.

According to Reuters, the Liam system consists of 29 robotic modules on a single site near Apple’s headquarters in California. It will focus initially on iPhone 6 phones. A second Liam robot is being installed in Europe, Apple said.

Lisa Jackson, Apple’s vice president of environment, policy and social initiatives, said Liam can help push the technology sector toward more recycling, by manufacturers and consumers. “We need more R&D if we are going to realize the idea of a circular economy in electronics,” she said.

Apple made the announcement about Liam the robot at the same time as it launched its new range of technologies, which included a tiny iPhone SE.

Full story at the Reuters.com.