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IBM pays GlobalFoundries $1.5bn to shed its chip division

American multinational technology and consulting corporation IBM will pay $US1.5 billion ($A1.62 billion) to GlobalFoundries in order to offload its costly chip division, according...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.