Promoting High-Quality Development of the Environmental Protection Equipment Manufacturing Industry: 2027 and 2030 Goals and Detailed Explanation of 12 Policy Measures
Promoting High-Quality Development of the Environmental Protection Equipment Manufacturing Industry: 2027 and 2030 Goals and Detailed Explanation of 12 Policy MeasuresOn March 14th, the Ministry of Industry and Information Technology (MIIT), the Ministry of Ecology and Environment, and the State Administration for Market Regulation jointly issued the "Several Opinions on Promoting the High-Quality Development of the Environmental Protection Equipment Manufacturing Industry" (hereinafter referred to as the "Opinions"), outlining the direction for high-quality development of China's environmental protection equipment manufacturing industry and proposing a specific action plan. This document aims to enhance the competitiveness of China's environmental protection equipment manufacturing industry and drive its comprehensive upgrade from traditional pollution control to green, low-carbon, and circular development...
Microchip Technology Accelerates Restructuring: Premature Arizona Fab Closure and Mass Layoffs
Microchip Technology Accelerates Restructuring: Premature Arizona Fab Closure and Mass LayoffsMicrochip Technology recently announced a series of additional restructuring measures aimed at reducing costs and right-sizing its manufacturing operations, which will have a profound impact on the company's future operations and strategy. Central to this restructuring is the early closure of its Tempe, Arizona wafer fabrication plant (Fab2) and significant layoffs across multiple locations, further highlighting the challenging conditions currently facing the global semiconductor industry...