Apple will invest over $1 billion in Indonesia to build two factories, producing AirTags and accessories, aiming to resolve a sales ban and boost local production. This strategic move is part of Apple’s broader plan to diversify its manufacturing base and secure market access in Southeast Asia, despite past challenges in investment negotiations.
The global computer hardware manufacturing market is booming, projected to reach US$ 765.64 billion by 2034, driven by advancements in technology and increasing demand. East Asia dominates the market, with significant contributions from China and South Korea. This Fact.MR report details key market trends, leading players, and future growth projections.
Rivian Automotive (RIVN) is set to receive a potential $6.6 billion loan from the US Department of Energy, significantly expanding its EV manufacturing capacity in Georgia and creating thousands of jobs. This funding will support production of its new midsize SUV and crossover models.
India’s iPhone production is poised for a dramatic surge, potentially doubling to a staggering $30 billion annually, if President Trump’s policies lead to a shift in global supply chains away from China. The move could create hundreds of thousands of jobs and significantly boost India’s role in the iPhone manufacturing landscape.
Following Donald Trump’s victory in the U.S. presidential elections, India finds itself at a crossroads. Trump’s proposed high tariffs on Chinese imports could reshape the global supply chain, potentially creating opportunities for India’s manufacturing sector. However, the potential economic fallout, including a slowdown in global trade and increased inflation, could also negatively impact India’s export economy.
Facing potential tariffs on Chinese imports under President-elect Trump’s policies, Steve Madden Ltd., a major footwear brand, has announced a major shift in its manufacturing strategy. The company plans to cut its Chinese production by half, moving operations to countries like Cambodia, Vietnam, Mexico, and Brazil to avoid potential price hikes and remain competitive.
Following Donald Trump’s election victory, stocks of companies focused on reshoring production to the U.S. surged sharply, fueled by investor optimism about protectionist policies. The American Reshoring ETF (RSHO) jumped over 8% in the week, outperforming broader market indices. Experts predict a reshoring boom driven by the new administration’s focus on strengthening domestic manufacturing and potentially impacting trade relationships with Mexico.
Apple CEO Tim Cook has extended congratulations to President Trump on his re-election victory in the 2024 US elections. Cook expressed optimism about working with the Trump administration to foster innovation and American leadership. The relationship between Cook and Trump has historically been characterized by direct communication and collaboration, particularly during the US-China trade war where Cook actively lobbied against tariffs on Apple products. This partnership is expected to continue under Trump’s second term, potentially leading to increased manufacturing of Apple products on US soil.
The global Hydraulic Cylinder Market is poised for substantial growth, projected to reach US$ 25.82 billion by 2034, driven by rising demand in industrial and mobile equipment sectors. This growth is fueled by advancements in industrial automation, a push for greater productivity and efficiency, and the adoption of smart hydraulic systems.
The global braze alloys market is predicted to grow significantly in the coming years, reaching US$ 3.2 billion by 2031. This growth is driven by several factors, including advancements in brazing technology, increased demand from the automotive and aerospace industries, and the growing importance of joining dissimilar materials. The Asia Pacific region is expected to lead the market due to its strong manufacturing hub and increasing focus on sustainability. This article provides a comprehensive overview of the braze alloys market, exploring its key players, growth drivers, regional trends, and future outlook.
