US chipmaker Wolfspeed yesterday announced plans to invest $3bn in a semiconductor plant in the western German state of Saarland. The factory, which Wolfspeed says will be the largest and…

Philippines rebar giant SteelAsia and China’s BaoSteel will join forces to build a $2bn factory in the Philippines capable of producing 3 million tons of molten steel, the company said.…

Taiwanese chip maker TSMC will more than triple its investment in Phoenix, Arizona from $12bn announced in 2020 to $40bn by adding a second factory (called a “fab”) to produce…

German auto-maker Volkswagen has given the green light to a €2bn electric vehicle (EV) plant at its home base of Wolfsburg-Warmenau in Lower Saxony.