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To: Maurice Winn who wrote (141877)	6/1/2018 6:04:41 PM
From: TobagoJack	Respond to of 219648

on the trade front, now that qcom is nearly out of the fire, micron is tee-ed up for the rendering board 1929 situation may be straight ahead ... trade ... currency ... etc bloomberg.com Micron Says It’s Being Investigated by Chinese Regulatory Agents Ian KingJune 2, 2018, 1:03 AM GMT+8 Micron Technology Inc., the largest U.S. maker of computer memory chips, said Chinese regulatory authority representatives visited its offices in that country, potentially opening another front in a growing trade dispute between the world’s two largest economies. “Micron confirms that China’s State Administration for Market Regulation authorities visited Micron’s China sales offices on May 31 seeking certain information,” the Boise, Idaho-based company said in an emailed statement Friday. “Micron is cooperating with Chinese officials.” China is the largest maker for semiconductors yet isn’t home to even one of the top 10 producers of the crucial electronic components. The memory chip market has been increasingly concentrated in the hands of Micron and its two Korean rivals, Samsung Electronics Co. and SK Hynix Inc. who have enjoyed record profits from the devices that are essential to everything from supercomputers to smartphones over the last year. Chinese media reported that Samsung and SK Hynix also received visits from local regulators seeking information. Neither Korean company responded to requests for confirmation and comment. Local media reported that visits may have been sparked by concern about continued price increases for memory chips. Micron shares were up 1.3 percent, to $58.35 at 12:40 p.m. in New York. Micron got about half of its sales from China last year, according to data compiled by Bloomberg. China has been spending heavily on attempts to boost its domestic supply of semiconductors and lessen a bill that has exceeded the cost of oil imports. China and the U.S. are caught up in negotiations over the fate of ZTE Corp., China’s second-largest telecommunications equipment maker. The company has been banned from vital purchases of American technology after being caught violating sanctions against sales to Iran. The moratorium has all but shuttered ZTE because it depends on U.S. components -- such as Qualcomm Inc. chips -- to build its smartphones. Meanwhile San Diego-based Qualcomm, the world’s largest maker of phone chips, is waiting for approval of its acquisition of NXP Semiconductors NV from Chinese regulators. The deal was scheduled to be closed by the end of 2017.

To: Maurice Winn who wrote (141877)	6/5/2018 9:04:24 PM
From: Elroy Jetson	Respond to of 219648

As the Ten-Year-Leases on A-380 aircraft expire, there's no second-hand buyers so they're recycled for parts - uk.reuters.com The decision by Dortmund-based Dr Peters Group deals a fresh blow to the planemaker’s efforts to maintain market interest in the double-decker, barely 10 years after it went into service hailed by heads of state as a symbol of European ambition. “Psychologically it is not good for Airbus, but this is a very large aircraft with a very small second-hand market,” said UK-based aerospace analyst Howard Wheeldon. Despite strong reviews for its quiet and spacious cabin, demand for the 544-seater has fallen as many airlines drop the industry’s largest four-engined aircraft in favour of smaller twin-engined ones that are more efficient, and easier to fill. The A490. “It’s too big. There was a battle for airline fashions and it lost out,” Wheeldon said. Former Singapore Airlines Airbus A380s stored at the French recycling firm "Tarmac Aerosave" in Azereix near Tarbes, France Airbus says the iconic jet will hopefully prove itself eventually as travel demand saturates airport capacity at major cities. “We can’t comment on the decision by Dr Peters, which is the owner of the aircraft,” an Airbus spokesman said. “We remain confident in the secondary market for the A380 and the potential to extend the operator base.” Singapore Airlines launched A380 services amid fanfare in December 2007, but returned the first two aircraft to their German financiers when leases expired some 10 years later. The two discarded aircraft were repainted and flown to Tarbes in the French Pyrenees to be stored, and since then their fate has been uncertain as their owner looked for other takers. “After extensive as well as intensive negotiations with various airlines such as British Airways, HiFly and IranAir, Dr Peters Group has decided to sell the aircraft components and will recommend this approach to its investors,” the company said in a statement emailed to Reuters. Airbus has been working for months to try to stimulate a second-hand market for the A380 to encourage new airlines to take the risk of investing in the plane, knowing the asset would be worth the right amount when they decide to sell it on. When it was launched, the A380 boasted highly customised interiors to help airlines promote a luxury feel, but the cost of replacing such bespoke fittings is now seen as a handicap. “The problem is the cost of reconfiguration. It is $40 million (£30 million) or more per plane,” a senior industry source said. PARTS RAID The planes will not be scrapped entirely, but their huge frames will be combed for valuable components such as landing gears and electronics, a Dr Peters official told Reuters. Their engines have already been removed and leased back to manufacturer Rolls-Royce for use as spares. U.S.-based VAS Aero Services will be responsible for extracting and selling parts. Dr Peters said the deal would yield a positive return for investors in funds used to finance the jets. It operates a number of boutique funds targeted at wealthy individuals and has two more A380s in Singapore that could face the same fate. While dismantling the first two passenger-carrying A380s will embarrass Airbus and dismay the plane’s 3,800 workers, later examples of the flagship jet may not be as vulnerable. Early copies of a new plane tend to be less efficient and Singapore Airlines recently ordered some new A380s. However, overall demand is thinner than Airbus expected, forcing it to slow production to a trickle while looking for more business. Still, Emirates, the largest A380 customer, is keeping faith with the jet which brings millions of passengers a year through its Dubai hub and is associated with the airline’s global brand. Throwing the loss-making programme a lifeline for a decade, Emirates recently ordered up leases on up to 36 more A380s and set out plans on Tuesday to install 56 Premium Economy seats.