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On September 4th, Polish Deputy Prime Minister and Defense Minister Kosiniak Kamesz stated on the 3rd that, in light of recent activity by Russian military aircraft, Poland has decided to further strengthen its airspace defenses and increase the frequency of operations by its air force fighter jets and military helicopters. On the same day, Poland announced temporary airspace restrictions from September 10th to December 9th in parts of the countrys eastern region, primarily affecting low-altitude flights; civilian airliners flying normally at higher altitudes will not be affected. The Polish military stated that these measures aim to ensure greater operational space for its air defense systems in order to respond quickly to potential security threats.On September 4th, the Israel Defense Forces (IDF) stated on the 3rd that it had recently launched an operation in the Ali Taher Ridge area of southern Lebanon, achieving "operational control" over both above-ground and underground areas and clearing Hezbollah militants hiding in two underground tunnels. The IDF stated that the operation to dispose of this underground facility is ongoing and that it will continue operations in the so-called "safe zone" in southern Lebanon.Japans total household spending rose 0.5% month-on-month in July, below the expected 2.6% and the previous months -6.4%.Japans household spending in July fell 3.6% year-on-year, compared to a forecast of -1.6% and a previous reading of -3.30%.Artificial Intelligence: 1. Meta adjusts AI performance evaluation standards, removing token usage as a metric. 2. OpenAI releases GPT-6 Astra model, claiming it may be close to achieving AGI. 3. Nvidia agrees to acquire Hugging Face for $12.9303 billion. 4. OpenAI will convene its security head and plans to release a cybersecurity-related announcement. 5. Several AI platforms, including OpenAI, Claude, and Grok, experienced service anomalies. Integrated Circuits (Chips): 1. Texas Instruments raises prices for the third time this year. 2. Samsung will add 1,612 pieces of equipment to its chip factory in Vietnam. 3. Analysts: Samsungs HBM market share surged in the second quarter of this year, narrowing the gap with SK Hynix. 4. Korea Electric Power Corporation plans to collect 25 trillion won in advance from Samsung and SK Hynix for electricity fees to fund the construction of a semiconductor power grid. Other: 1. Smart ring manufacturer Ora files for a US IPO. 2. Nvidias RTX Spark Windows PC will be available in October 2026. 3. Tesla: Cybercab, the self-driving electric car, has officially begun operations in Austin, USA.

Italian Brake Maker Brembo Plans to Expand in northern Mexico

Charlie Brooks

Dec 16, 2022 10:52

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Italian luxury brakes manufacturer Brembo, which supplies Tesla (NASDAQ:TSLA), Ferrari (NYSE:RACE), and other automakers, wants to expand one of its operations in the northern Mexican state of Nuevo Leon, government officials announced Thursday.


Since 2015, the firm has been operating in the Texas-bordering state of Nuevo Leon, where it employs 1,150 individuals at its Escobedo location, according to a statement from the governor's office.


According to a source familiar with the subject, Brembo now intends to increase the capacity of this facility, with a target opening date of the second quarter of 2023. The corporation also has a satellite facility in Apodaca, a neighboring city.


"What they are doing with brakes and new digital braking systems is remarkable," said Nuevo Leon Governor Samuel Garcia during an event with Brembo officials in Italy, during a trip during which he visited with executives from many auto firms and spoke with the Pope.


Brembo failed to reply promptly to a request for comment.


Elon Musk, the chief executive officer of Tesla, visited Nuevo Leon in October, and Reuters has been told by sources that the business is contemplating investing there.


Milenio, a Mexican news network, said this week that Tesla might reveal its intentions at the beginning of 2023. A request for comment was not met with a quick response from Tesla.