Capex booms as companies prepare for consumer surge
Hong Kong | Global companies from noodle makers to semiconductor giants are spending on new plants and machinery in ways they haven’t done for years.
On the supply side, blockages brought on by the COVID-19 pandemic are forcing businesses to invest in new production facilities; calls for a cleaner environment are spurring spending on electric vehicles, batteries and alternative energy; and the big semiconductor crunch has prompted a wave of investment.
Bloomberg
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