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Knowledge management. Follow this topic. See All Topics. Innovation Sponsor Content. Ely David A. Leaders may mean well when they tout the economic payoffs of hiring more women and people of color, but there is no research support for the notion that
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Stay informed every day with Yahoo Finance's free Fully Briefed newsletter. Japanese chip manufacturer Renesas said Tuesday it could take three to four months to restore full capacity after a factory fire that threatens to worsen a global chip shortage. The fire on March 19 came with car makers already battling semiconductor supply problems, in part because of increased demand for chips from manufacturers of laptops, tablets and gaming devices. Renesas Electronics controls about 35 percent of the market for automotive semiconductors and saw square metres 6, square feet of factory floor damaged in the blaze. The company originally assessed the fire as having damaged 11 machines but in fact 23 need to be replaced, CEO Hidetoshi Shibata told reporters. He said 11 replacement machines would be delivered by the end of April, with seven more expected in May or June, but it was unknown when the other five would arrive. Renesas hopes to restart operations at the factory unit producing mm wafers -- a key piece of tech for modern cars -- in around a month.
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BEIJING Reuters - China on Thursday announced a slew of measures supporting industries such as drugs, new energy vehicles, gaming and aerospace in the southern province of Hainan, as part of moves to build a testing ground there for economic reforms. Last June, China gave the status of a "free trade port" to Hainan, which it aims to make fully functional by , building an offshore center of trade and finance to streamline the flow of commodities, capital and talent. Travel flows have surged to Hainan, known for its sandy beaches and resort-lined coast, as Chinese travellers unable to go abroad because of the COVID pandemic splurged domestically since last year. Authorities will support Hainan to build charging stations and battery swapping facilities across the island for NEVs and push for the application of autonomous driving technology, the National Development and Reform Commission NDRC said in a statement on its website. China will support Hainan to develop online sales of prescription drugs and encourage firms - both domestic and foreign - to develop new drugs there, the NDRC said, adding that it will push for an international centre for transplantation sciences in the southern province.
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Financial management. Follow this topic. See All Topics. Forecasting Magazine Article.
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