1 Samsung Electronics will expand chip production capacity next year
According to South Korean media reports, Samsung Electronics plans to increase chip production capacity at its largest semiconductor factory next year despite an expected economic slowdown. In stark contrast, Samsung Electronics' rivals have cut back on investment due to falling demand and a glut of chips.
analyst has said that Samsung sticking to its investment plan may help it gain share in the memory chip market and support its stock price when demand recovers. The Seoul Economic Daily reported, citing unnamed industry sources, that Samsung plans to expand its P3 factory in Pyeongtaek, South Korea, to add 12-inch wafer production capacity for DRAM memory chips.
Source: South Korea's "Seoul Economic Daily", British Reuters
2 Russia is ready to resume natural gas supply to Europe
Russian Deputy Prime Minister Novak said on Sunday that Moscow is ready to resume natural gas supply to Europe through the Yamal-Europe pipeline. Novak pointed out in his latest speech that "as natural gas shortages persist, the European market remains important and we have every opportunity to restore supply."
The "Yamal-Europe Pipeline" starts from Russia in the east and passes through Belarus and Poland , transporting natural gas to Germany. However, since December 18, 2021, because Poland gave up purchasing natural gas from Russia and instead used natural gas stored in Germany, the Poland-Germany section of the "Yamal-Europe" pipeline has been in a state of reverse transmission - gas transmission from Germany to Poland.
Source: British Reuters
3 Bloomberg has no intention to acquire Dow Jones or the "Washington Post "
A Bloomberg spokesman said on Twitter that Bloomberg has no intention to acquire Dow Jones or the "Washington Post". A spokesman for the company said: "We have not had conversations with anyone or any organization about an acquisition." Billionaire owner Michael Bloomberg retweeted the tweet. News website Axios reported on Friday, citing people familiar with the matter, that Bloomberg was interested in acquiring Dow Jones, the parent company of the Wall Street Journal, from Rupert Murdoch's News Group, or the Washington Post from Jeff Bezos, the owner of Amazon.com. A spokesman for The Washington Post said on Friday that the Post was not for sale.
Source: UK Reuters
4 Boeing and COMAC cooperate to develop sustainable aircraft cabin materials
On December 26, Boeing and Commercial Aircraft Corporation of China Co., Ltd. (COMAC) announced that the two companies are collaborating on a sustainable development project to develop and test ramie fiber reinforced polylactic acid-based composites (RRP) that can be used to produce civil aircraft cabin components. Compared with traditional plastics used to manufacture civil aircraft cabin components, RRP has the advantages of light weight, high strength, and 100% biodegradability.
This project is specifically implemented by the COMAC-Boeing Sustainable Aviation Technology Center. The R&D team has produced a small batch of aircraft seat trays made of RRP for testing. According to experts involved in the project, the tray table has passed flammability and overload tests and has been evaluated in the real flight environment of Boeing's 2022 "Environmental Demonstration Aircraft".
Source: China Aviation News Network
5
invested 150 billion, Changan Automobile established a technology company
In order to accelerate the improvement of technological innovation capabilities and transform into a technology company, Changan Automobile established Changan Technology Company on December 25. According to the plan, in the next ten years, Changan will invest a total of 200 billion yuan to build Changan Automobile. In particular, with Changan Technology as the center, it will invest a total of more than 150 billion yuan in the new automobile technology industry chain , build a technological innovation team of more than 10,000 people, develop a super vehicle intelligent platform, create a new intelligent experience, lay out controllers and other technological industries, and achieve a technological industry scale of hundreds of billions.
Relying on the macro vision goal, by 2030, Changan Automobile will achieve overall group sales of 5.5 million vehicles, of which 3.5 million vehicles will be sold under the Changan brand, making it one of the top ten auto companies in the world. New energy sales will reach 2.1 million vehicles, accounting for 60%, and overseas sales will reach 1.05 million vehicles, accounting for 30%.
Source: Changan Automobile
