Monday, May 17, 2021

Samsung Electronics could begin construction of new US chip plant in Q3: Report

Samsung Electronics Co Ltd could begin construction of a planned $17 billion U.S. chip plant in the third quarter of this year with a target to be operational in 2024, a South Korean newspaper reported.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...