Keywords: Manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, is intensifying its production to meet soaring demand for artificial intelligence (AI) chips. Operating around the clock, TSMC is rapidly scaling its advanced technology offerings, including the 2-nanometer (nm) process......
Morocco’s Industry and Commerce Minister, Ryad Mezzour, has announced a significant achievement in the country’s industrial development. As of 2024, high- and medium-high-technology industries contribute over 50% of Morocco’s industrial added value, surpassing a key goal set for 2035......
Morocco’s appetite for industrial equipment has surged over the past decade, reflecting the country’s growing transformation into a high-tech, industrialized economy. The value of imported industrial equipment climbed from MAD 77 billion in 2014 to nearly MAD 179 billion in 2024, marking......
Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......
Boeing has officially launched a $1 billion expansion project at its North Charleston facility in South Carolina, aiming to double production capacity for its popular 787 Dreamliner. The aerospace giant's move comes as it seeks to meet surging global demand for long-haul aircraft and maintain its......
Austria’s Hirschmann Automotive has officially opened a new factory in Oujda Technopole, located in Morocco’s Oriental region. The facility, spanning 22,200 square meters, is part of the “Cleantech” industrial acceleration zone and represents an investment of MAD 180 million.......
Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......
Morocco is set to bolster its aerospace sector with plans to produce its first aircraft engine by 2027 or 2028, marking a significant milestone in the country’s industrial development. Minister of Industry Ryad Mezzour attributed this advancement to King Mohammed VI’s vision and Morocco’s......
Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......
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