Micron Acquires Powerchip Fab for 18B to Expand DRAM Output

Micron Acquires Powerchip Fab for 18B to Expand DRAM Output

Micron Technology plans to acquire a Fab from Powerchip Semiconductor Manufacturing Corp. (PSMC) for $1.8 billion, aiming to increase DRAM capacity and address the growing demand in the memory chip market. The acquisition adopts an "asset acquisition + strategic partnership" model, with PSMC transitioning into a foundry partner for Micron. The transaction is subject to regulatory approval and, if successful, will strengthen Micron's market position and provide a new cooperation paradigm for the semiconductor industry. This move signifies Micron's commitment to expanding its manufacturing capabilities.

GM Invests 1 Billion in Mexico Manufacturing Expansion

GM Invests 1 Billion in Mexico Manufacturing Expansion

General Motors announced a $1 billion investment in its Mexican manufacturing operations over the next two years. This investment aims to strengthen GM's position in the Mexican market, meet domestic demand, and reinforce its long-term commitment to Mexico. The move reflects GM's recognition of Mexico's importance in the global automotive supply chain and its strategic response to the ongoing transformation and upgrading of the global automotive industry. This investment will likely focus on improving production capabilities and potentially introducing new models for the Mexican market.

China Mandates Thirdparty Verification for 16 Product Categories Under CCC Overhaul

China Mandates Thirdparty Verification for 16 Product Categories Under CCC Overhaul

The State Administration for Market Regulation announced that 16 categories of CCC-certified products will transition from self-declaration to mandatory third-party certification. This aims to strengthen product quality supervision, raise market access standards, protect consumer rights, and promote healthy industry development. Businesses should closely monitor the official catalog, stay informed about the new regulations, and prepare for the certification process. This change emphasizes stricter quality control and independent verification for these product categories, ensuring greater consumer confidence and a more reliable market environment.

Russia Extends Capital Controls to 2026 Impacting Sinorussian Trade

Russia Extends Capital Controls to 2026 Impacting Sinorussian Trade

Russia has extended its capital controls until the end of 2026 to counter external sanctions and stabilize its domestic economy. The new regulations clarify prohibited transaction scopes, but mainstream China-Russia cooperation remains unaffected, with key projects potentially receiving prioritized approval. Chinese companies should review their cooperation models, retain approval documents, and leverage bilateral mechanisms to mitigate risks and seize cooperation opportunities. Careful due diligence regarding sanctioned entities and understanding evolving regulations are crucial for navigating the compliance landscape and ensuring continued successful partnerships.

Guide to Customs Compliance on Royalties and License Fees

Guide to Customs Compliance on Royalties and License Fees

The World Customs Organization has released new advisory opinions focusing on key customs valuation issues such as royalties, license fees, and trademark usage. The opinions clarify that royalty income tax should be included in customs valuation, emphasize that valuation of goods with own trademarks requires case-by-case analysis, and explain the principles for handling mixed royalties. Businesses should thoroughly understand the regulations, meticulously record transaction information, and consult with professionals to ensure customs valuation compliance. This helps avoid potential penalties and ensures accurate import/export declarations.

Uschina Shipping Routes Face Capacity and Pricing Challenges

Uschina Shipping Routes Face Capacity and Pricing Challenges

US ocean freight routes are vital for global trade, particularly supporting US-China trade. This article analyzes route distribution, characteristics, price determinants, and selection strategies, highlighting the impact of digital transformation on the maritime industry. Businesses need to pay attention to new trade trends and optimize ocean shipping strategies to ensure efficient and safe cargo transportation. The analysis emphasizes the importance of adapting to evolving market conditions and leveraging technology for competitive advantage in the dynamic landscape of US-China trade via ocean freight.

WCO Aids Asiapacific Customs in Tackling Plastic Waste

WCO Aids Asiapacific Customs in Tackling Plastic Waste

The World Customs Organization (WCO) assists Asia-Pacific customs in enhancing plastic waste management capabilities through virtual diagnostic missions, tailored implementation plans, and regional workshops, addressing cross-border plastic waste challenges. The Basel Convention amendment's entry into force marks a new phase in global plastic waste governance. Data empowerment will improve the precision and effectiveness of plastic waste management, fostering a cleaner and more sustainable future. These efforts highlight the importance of international collaboration and innovative approaches to tackle the growing problem of plastic pollution.

Comoros Streamlines Customs with WCO Support to Boost Trade

Comoros Streamlines Customs with WCO Support to Boost Trade

The World Customs Organization (WCO) supports Comoros in acceding to the Revised Kyoto Convention (RKC), which aims to streamline customs procedures and promote trade facilitation. Through national workshops and expert support, the WCO assists Comoros in assessing gaps, developing action plans, and communicating with high-level government officials. This ensures Comoros meets the conditions for joining the RKC by June 2019, embracing a new era of global economy. The initiative helps Comoros modernize its customs practices and integrate more effectively into the international trading system.

Enhancing Consumer Experience Optimizing Omnichannel Supply Chain Strategies for Fastmoving Consumer Goods

Enhancing Consumer Experience Optimizing Omnichannel Supply Chain Strategies for Fastmoving Consumer Goods

The consumer goods industry is facing a rapidly changing market environment, requiring companies to optimize their supply chains to enhance resilience and responsiveness. Integrated logistics solutions can ensure timely delivery amidst global disruptions while minimizing costs and the impact of raw material shortages, aiding businesses in achieving long-term sustainable development.

Douyin Shops mall Recommendation Boosts Singleproduct Traffic

Douyin Shops mall Recommendation Boosts Singleproduct Traffic

This article provides an in-depth analysis of the "Mall Recommendation Analysis" feature in Douyin Shop, offering merchants a precise product selection strategy based on platform big data. By analyzing exposed products, learning from and differentiating product selection, and paying attention to product entry into the pool, it helps merchants efficiently acquire organic traffic and improve store performance. It also emphasizes the importance of multi-channel product selection and product optimization, aiming to help merchants stand out in the competitive e-commerce environment. This feature empowers businesses to make data-driven decisions for optimal product choices.