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Chinese Yangtze Memory Technologies may be left without American personnel Chinese Yangtze Memory Technologies may be left without American personnel


Chinese Yangtze Memory Technologies may be left without American personnel. US companies recall employees



It seems that the US continues to “tighten the screws” against Chinese companies. U.S. suppliers have begun to transfer personnel who previously worked at the enterprises of the Chinese company Yangtze Memory Technologies Co. to other sites. (YMTC). It is a leading manufacturer of memory chips in China.

Chinese Yangtze Memory Technologies may be left without American personnel.  US companies recall employees

In addition, US companies are suspending business activity in China and supporting existing equipment and production lines. So far, nothing has been officially announced, but the media reported that the process is already underway.

As noted, the cooperation refused, in particular, Applied Materials. This company manufactures equipment for the production of chips and often sends its employees to customer-owned facilities. But now the entire staff is being recalled.

The company also cut its sales forecast for the current quarter by about $400 million. This is due to the fact that more than 27% of sales come from China. Meanwhile, Applied Materials expects many of its clients to be multinationals so they won’t be affected by the new US restrictions.

Note that dozens of employees of American companies work at YMTC factories, and they themselves are located in Hubei province. YMTC is the largest manufacturer of memory chips in China as a whole. On a global scale, its share is about 6%. If the restrictions are in place long enough, it will cut China off from high-tech manufacturing.

Note that the US Department of Commerce has previously imposed sanctions against dozens of Chinese companies. However, some companies with production facilities in China continue to operate without restrictions. These are, for example, Intel and the South Korean memory manufacturer SK Hynix, as well as Samsung and some others.

We also note that many experts say that excessively strict export controls can hit American industry, depriving it of money to create innovative products.

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Fiat may resurrect the Fiat 600 and Multipla, but only the names will remain



Fiat may resurrect the Fiat 600 and Multipla but only

According to Autopassioneitaliana, Fiat is thinking about reviving the Fiat 600 and Multipla models. At the same time, the Italians plan to reorganize the lineup and bring more crossovers to the market, as the demand for this type of vehicle is still growing.

In autumn 2023, Fiat wants to launch a 4m long, 1.52m high compact crossover on the CMP platform, which will have petrol, hybrid and electric powertrains. According to reports, the model will be called Fiat 600 (the electric version will be called 600e) and will be produced in Poland.

The second crossover will also be based on the CMP platform. Groupe PSA developed this platform in 2018 and the first model built on this platform was the DS3. This was followed by the Opel Mokka, Peugeot 2008 and the new Jeep Avenger.

Fiat may resurrect the Fiat 600 and Multipla, but only the names will remain

1994 Fiat Multipla

The crossover will be called the Multipla and will be built in Turkey as Fiat moves production of the electric Doblo and Doblo to Spain and frees up production facilities. Other sources mention that the Fiat Multipla may be produced in Slovakia, in Trnava, where Peugeot and Citroen models were produced until now. Multipla will appear in 2024.

Fiat is also reportedly planning to build a successor to the Punto. The Italians used to have a small class model called Argo available only in South America. Using the same CMP platform, the Italians want to develop a new model for the South American market and for Europe.

The new model will be called Panda in Europe and will retain the Argo name in South America.

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Foxconn simultaneously asked employees to leave “iPhone city” for $1400 and stay for even more rewards



Foxconn simultaneously asked employees to leave iPhone city for 1400

Foxconn, also known as Hon Hai Precision Industry Co., said over the weekend that it will increase to more than $1,800 per month in December and January for permanent employees, including those who joined the company in November.

Foxconn’s generosity comes from the company’s desire to restore assembly as quickly as possible after weeks of Covid restrictions, culminating in last week’s riots. The Zhengzhou campus, which has more than 200,000 employees, assembles the vast majority of iPhone Pro models.

As we reported, the company offered each protester about $1,400 to quit and leave the plant. A Reuters source familiar with the situation confirmed that more than 20,000 workers agreed to Foxconn’s offer.

Foxconn simultaneously asked employees to leave

Apple said it is working closely with Foxconn to restore production to its previous pace, and both companies have expressed their commitment to keeping workers safe.

Earlier this month, analysts at Morgan Stanley slashed their estimates for the current-quarter iPhone Pro release by 6 million units. In a worst-case scenario, if extended lockdowns affect assembly in Zhengzhou, Foxconn risks losing up to 36% of iPhone revenue, or 20% of total sales for the quarter.

Previously known insider Ben Geskin posted a video showing clashes between workers and security at the Foxconn plant.

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The whole Xiaomi 13 series has IP68 protection. The official poster contains the release date



The whole Xiaomi 13 series has IP68 protection The official

The well-known insider Ice Universe, who regularly shares exclusive information about the latest in the mobile industry, has published a new Xiaomi 13 poster containing valuable information.

First, it says that the smartphone will meet the degree of protection against dust and moisture IP68. Secondly, the poster confirms the earlier information that Xiaomi 13 will be presented on December 1 this year, that is, on Thursday.

The whole Xiaomi 13 series has IP68 protection.  The official poster contains the release date

All Mi 13 series supports IP68! I am very happy that Xiaomi is moving forward with the addition of wireless charging, IP68, great cameras and screens, modern design and a more user-friendly MIUI 14.

ice universe

A few hours earlier, Ice Universe published a new image of the flagship smartphone Xiaomi 13, which will receive a flat screen with a narrow frame around the entire perimeter. On the sides and top, the width of the frame will be 1.61 mm, and at the bottom of the screen it will have a width of 1.81 mm. In this case, the effective display area will be 93.3%.

Ice Universe was the first to accurately talk about the new trend of smartphones with waterfall screens, the notch in the iPhone X, the new design of the iPhone 14 and Samsung’s 200-megapixel image sensor. Recently, he was the first to accurately report that Redmi Note 12 Pro + will receive a 200-megapixel main camera. Exclusive information about new products is leaked to him by sources in the research and development department of the South Korean giant.

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