Monday , April 19 2021
Home / South China Morning Post / Troubled Chinese semiconductor plant has ‘no plans’ to resume operations, 240 lose their jobs

Troubled Chinese semiconductor plant has ‘no plans’ to resume operations, 240 lose their jobs

Summary:
[unable to retrieve full-text content]Hundreds of people are set to lose their jobs at a semiconductor manufacturing plant in Wuhan that was once touted as part of the country’s plans to become a self-sufficient chip maker, according to Chinese media reports.Employees at Wuhan Hongxin Semiconductor Manufacturing Co (HSMC) – intended as a US billion state-of-the-art facility – were “asked to resign” by the end of play on Monday via a WeChat message, Caixin Media reported on Saturday.The factory, in central China’s Hubei province,…

Topics:
Cissy Zhou considers the following as important:

This could be interesting, too:

Tyler Durden writes Former Temple Business School Dean Charged Federally For Manipulating School Ranking Data

Tyler Durden writes Biden Blames Russia For The Exact Same “Interference” That US Corporate Media Is Guilty Of

Tyler Durden writes Another “Explosive Eruption” Detected At St. Vincent Volcano In Eastern Caribbean

Tyler Durden writes “It’s Totally Insane. Someone Made A Million On Dogecoin With His Stimulus Check”

[unable to retrieve full-text content]
Hundreds of people are set to lose their jobs at a semiconductor manufacturing plant in Wuhan that was once touted as part of the country’s plans to become a self-sufficient chip maker, according to Chinese media reports.Employees at Wuhan Hongxin Semiconductor Manufacturing Co (HSMC) – intended as a US$20 billion state-of-the-art facility – were “asked to resign” by the end of play on Monday via a WeChat message, Caixin Media reported on Saturday.The factory, in central China’s Hubei province,…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.