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Rolls-Royce to deliver 70 mtu engines to support semiconductor industry in China

Rolls-Royce (RR.L) will provide 70 of its mtu Series 4000 engines, produced in Yulin by MTU Yuchai Power, the Chinese Joint Venture with Yuchai Diesel, for use in generator sets that will be packaged and distributed by emergency power systems provider Hefei Calsion Electric System Co., Ltd. The gensets will be installed at multiple semiconductor manufacturing locations in China to ensure that chip production is not affected by power failures.

The rapid expansion of information technology applications such as artificial intelligence, cloud computing, big data and Internet of Things (IoT), has resulted in growing market demand for semiconductor products. In recent years, Chinese semiconductor enterprises have experienced a significant growth period due to the acceleration of domestic insourcing and the upgrade of industrial technologies.

The guarantee of continuous power supply is critical for semiconductor factories, as the manufacturing process is very sensitive. The products on the production line are at risk of being scrapped after even a few minutes of power disruption. The mtu engine-powered generator sets installed by Calsion will provide uninterrupted switching between diesel engines and grid power to deliver continuous loading capacity under high load conditions, helping to ensure the stable operation of production lines and special process systems such as safety, clean room, and cooling and pure water systems.

As the leader of semiconductor power system solutions, Hefei Calsion Electric System Co., Ltd.  specializes in the R&D, manufacturing, marketing and services of generator sets, and has R&D centers, modern production bases and first-class test systems. Its original semiconductor power system solution has won a market share of more than 70% of the domestic semiconductor industry emergency power system solution-based projects in China. It is a strategic partner and designated OEM manufacturer of Rolls-Royce in China, as the two parties have maintained close cooperation for 18 years.

GlobalFoundries to Expand Capacities, Build a Fab in China

JetBlue Announces Update on Negotiations with TWU

JetBlue (NASDAQ: JBLU) today announced it has reached a tentative agreement with the Transport Workers Union (TWU), regarding the process toward a contract for JetBlue’s inflight crewmembers.

The agreement is subject to a ratification process which includes final documentation, review, and consideration by JetBlue’s TWU leadership team before being distributed to inflight crewmembers for a final vote.

Ed Baklor, vice president inflight, JetBlue, said: “We are pleased to come to this tentative agreement and look forward to bringing the contract to a vote with our inflight crewmembers. Thank you to both negotiating committees for their efforts over the past two years to reach this agreement.”

Ian Deason, head of customer experience, said: “I want to thank our amazing inflight crewmembers for their commitment to safety and for continuing to always deliver the best experience in the skies during this especially challenging time for our industry.”

Wynn Resorts Extends Benefits for All North American Employees

  • I always love to read stories about the generosity of great corporations. Especially during times when self-centered politicians love to bash them so that they can profit from the potential graft a pending victory can bring. -WB

PRNewswire/ — Wynn Resorts (Nasdaq: WYNN), the world’s leading resort company based in Las Vegas, Nevada, announced today that the Company will extend paying all salaried, hourly and part-time employees through May 15, for a total of 60 days of payroll continuance. The Company decided to take this action as part of its shared responsibility for the health and safety of its employees, their families and the Las Vegas and Greater Boston communities during this pandemic.

Payroll coverage will include more than 15,000 current Wynn and Encore employees.  For tipped employees, it includes the average tip compliance rate or distributed tips/tokes since the beginning of the year. 

“It is our shared responsibility to follow the direction of health and safety professionals to stay home, and limit social contact,” said Wynn Resorts CEO Matt Maddox.  “We owe it to each other, our families and to our community.”

For more information on Wynn’s health and safety measures, please visit www.WynnInfo.com.

The Encore Boston Harbor Casino in Everett seen from Somerville. (Jesse Costa/WBUR)