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Tag Archives: Manufacture

Update: Tesla Model 3 sales top 325,000 in first week

Update: Electric vehicle manufacture Tesla has had a fantastic week. Just seven days after the official unveiling of its Model 3, much-more-affordable electric car, it's taken in over 325,000 pre-orders, which if all go through eventually, will earn it more than $14 billion (£10 billion). This comes just a few …

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Space X shows off mass-rocket production

Space X is ramping up production of its Falcon 9 rocket and to prove it, it showcased an image on its Instagram account of as many as five of the iconic boosters currently being constructed at its facilities. This comes just a few weeks after Space X COO, Gwynne Shotwell, …

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Apple pushes for new environmental schemes in China

China and Apple are two very different entities, but neither is particularly well known for their environmental practices. One has some of the highest pollution rates in the world and the other has regularly been found using unsafe chemicals and business practices in its production facilities – most often located …

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Foxconn confirms bribery investigation

Foxconn

Foxconn has confirmed that it is currently undergoing an internal investigation, as well as one from the Chinese police forces, into whether staff at the company took bribes from suppliers. So far one man has been detained, with the Taiwanese manufacturer apparently investigating a further 10 individuals. According to Next …

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Foxconn shares soar on iPhone rumours

Foxconn

Foxconn share prices have jumped by a huge 31.9 per cent after rumours began circulating that the electronics manufacturer would be producing the next iPhone, winning a big contract bidding war with other potentials. This despite the fact that just two weeks ago it admitted to using child labour. This …

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