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Chinese solar panel maker plans US factory in win for Biden clean-energy push
Chinese solar panel maker plans US factory in win for Biden clean-energy push
  • Beijing-based JA Solar plans US factory in Phoenix, Arizona to allow US customers to access its products
  • New plant will be able to produce 2GW of solar panels annually when fully operational in the fourth quarter this year: statement
12 Jan 2023 - 11:19AM
President Joe Biden walks past solar panels while touring the Plymouth Area Renewable Energy Initiative in June 2019. Photo: Reuters
Business of climate change

Chinese solar panel maker plans US factory in win for Biden clean-energy push

12 Jan 2023 - 11:19AM
  • Beijing-based JA Solar plans US factory in Phoenix, Arizona to allow US customers to access its products
  • New plant will be able to produce 2GW of solar panels annually when fully operational in the fourth quarter this year: statement
A South Korean naitonal flag and a Samsung flag flutter outside the company’s Seocho building in Seoul in October 2022. Photo: AFP

Samsung profit slumps by most in decade on weak demand for memory chips

Profit slumped last quarter by the most in more than a decade as memory chip prices crashed. Samsung may have to rein in capital expenditure to conserve cash, Citigroup says.

6 Jan 2023 - 10:03AM
The National Development and Reform Commission (NDRC) met with a delegation of US business representatives this week in a bid to restore market confidence. Photo: Reuters

China meets with US firms as it seeks to restore confidence, boost growth

China’s top economic planning agency met with US multinationals including ExxonMobil, Boeing, Cargill and Emerson Electric this week, signalling it is eager to restore market confidence after the 20th party congress.

19 Nov 2022 - 1:37AM
This file photo taken on May 6, 2022 shows a man walking past the Foxconn headquarters in New Taipei City, Taiwan. Photo: AFP

Foxconn woos fleeing workers with US$70 subsidy as exodus hits iPhone capacity

Foxconn is offering workers who fled its Zhengzhou compound a subsidy of US$70 to return to work as the world’s largest iPhone factory tries to limit fallout from a Covid-19 lockdown.

8 Nov 2022 - 2:48PM
This file photo taken on November 10, 2020 shows the Apple logo at a company store in Bangkok. Photo: AFP

Apple warns of iPhone delays due to Covid chaos at Foxconn’s Zhengzhou factory

Apple has broken its silence on the Covid-19 chaos at the Foxconn plant in Zhengzhou, saying production and holiday shipments of the iPhone 14 Pro and Pro Max lines will be affected.

7 Nov 2022 - 11:39AM
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