China, Netherlands Resolve Nexperia Chip Dispute
The Netherlands suspends takeover of Chinese-owned Nexperia in goodwill gesture. China welcomes move as first step to resolve semiconductor supply chain tensions. Read latest developments.
Category : Search result: semiconductor manufacturing
Dutch suspend Nexperia takeover in China goodwill move
The Netherlands has suspended its proposed takeover of Chinese-owned chip maker Nexperia as a goodwill gesture toward Beijing. Learn how this decision affects global chip supply chains.
MAN: High Energy Costs, Taxes Hurt Niger Delta Factories
MAN highlights crippling energy costs and multiple taxes hindering Niger Delta manufacturing. The association urges a blue economy focus for sustainable industrial growth. Read more.
Samsung Plans $310 Billion AI Investment Over 5 Years
Samsung announces massive $310 billion investment to power AI expansion, including new semiconductor plants and data centers. Discover how this impacts global tech landscape.
Samsung to invest $310 billion in AI expansion
Samsung unveils a massive $310 billion investment plan focused on AI technology, including new semiconductor plants and data centers. Discover how this shapes global tech competition.
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Alstom's Profits Surge on Global Rail Demand
French rail giant Alstom posts a net income of €220 million in H1 2025-2026, driven by strong global demand for trains and infrastructure. Revenue growth forecast upgraded.
Steel & Defence Ministries Sign Military Hardware MOU
Nigeria's Ministry of Steel Development and Ministry of Defence sign landmark agreement for military hardware production at Ajaokuta Steel Company, boosting national security and local manufacturing.
Northern Industries Back 15% Power Tariff Hike
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
Beta Glass Invests ₦85M in Nigerian Communities
Leading glass and packaging manufacturer Beta Glass PLC has made significant investments in community development while generating massive economic value for Nigeria's economy through job creation and local content.
IVM Boss: Banking Bottlenecks Hurt Nigerian Manufacturers
IVM's Managing Director Mitchell Elegbe advocates for strengthened local content policy while highlighting banking sector challenges crippling Nigerian manufacturers' competitiveness.
Imo State Revives Aluminium Company with ₦500M
Imo State Government injects ₦500 million to resuscitate the moribund Inyishi Aluminium Company, creating jobs and boosting local manufacturing in Southeast Nigeria.
Nigeria gets €6.3M EU-UNICEF health production deal
Federal Government partners with European Union and UNICEF in groundbreaking €6.3 million initiative to boost local manufacturing of essential health commodities and reduce import dependency.
Nigeria signs €6.3M health production deal with EU-UNICEF
Federal Government signs landmark agreement to strengthen local manufacturing of essential health commodities, reducing import dependency and creating jobs.
Northern Industrialists Support 15% Electricity Tariff Hike
Major northern industrial groups endorse controversial electricity tariff increase, arguing it will stabilize Nigeria's power sector and attract critical investment despite consumer concerns.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Nigeria to Privatize Refineries in Historic Agreement
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
CAP Plc Advocates Sustainable Paint Manufacturing in Nigeria
Chemical and Allied Products Plc leads Nigeria's paint industry toward safer, environmentally conscious manufacturing practices while maintaining quality standards.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
Edo State to Begin Local Drug Production in 2026
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
South Korea Triples AI Budget to ₩2.5 Trillion
South Korea makes massive move in global tech race, allocating ₩2.5 trillion for AI development in 2026 budget. Major push for semiconductor industry and AI safety research.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
EU, France invest €10.2M in Nigeria pharma sector
Massive €10.2 million investment aims to boost local drug manufacturing, reduce import dependency, and create thousands of jobs in Nigeria's healthcare sector.
Dangote Cement Employee Exposes Salary Breakdown
A Nigerian man's viral post revealing his alleged salary structure at Dangote Cement has sparked nationwide debate about workers' compensation in major manufacturing companies.
EU & France Invest €10.2M in Nigeria Pharma Industry
Breaking: European Union and France launch massive €10.2 million investment to transform Nigeria's local drug manufacturing capacity and healthcare security.
China Exempts Nexperia From Dutch Semiconductor Export Ban
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
Nigeria's Printing Industry Battles Survival Crisis
Lagos Chamber of Commerce intervenes as Nigeria's printing sector faces existential threat from rising production costs, forex volatility, and power challenges. Key stakeholders gather for crucial dialogue.
NVIDIA Supplies 260,000 AI Chips to South Korea
NVIDIA is shipping 260,000 cutting-edge AI chips to South Korea in a strategic power move that's set to revolutionize the country's artificial intelligence sector and global tech competition.
Tinubu Boosts Local Medicine Manufacturing in Nigeria
President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.
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