News roundup: reshoring, 5G innovation & the supply chain

Manufacturing news roundup: 5G excellence, reshoring to steady the supply chain, print services manufacturing technology & digital factories

5G innovation between manufacturers Verizon & Deloitte

Verizon brings its 5G excellence to Deloitte in a collaborative innovation for the manufacturing sector & the development of smart factory solutions.

 

Manufacturing hub Guangzhou future projects worth $945bn

Guangzhou is China’s southern manufacturing hotspot & has projects worth US$945bn planned for its post-pandemic future, including vehicle manufacturing.

 

Japan’s reshoring plans to steady manufacturing supply chain

Japan advances its reshoring plans to boost the semiconductor supply chain and advance its manufacturing capabilities, as IBM & Rapidus stand firm.

 

Barclays: manufacturing inactivity & the oil barrel downside

Barclays has warned of a US$15-$25 oil barrel downside, due to a decrease in manufacturing activity caused by COVID-19 & Russia’s invasion of Ukraine

 

Xerox acquires print services manufacturer Advanced UK

IT consultancy Xerox has acquired print services provider Advanced UK, in a move that will transform print manufacturing technology.

 

Hexagon invests in Divergent Technologies digital factories

Digital reality solutions company Hexagon has invested in Divergent Technologies, the first modular digital factory in the automotive industry.

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