U.S. considering blocking sale of GE engines for China’s passenger plane: sources

According to sources familiar with the matter at hand, the U.S. government is weighing options which include stopping General Electric Co from continuing to supply engines for China’s passenger jet. The development will cast a shadow of uncertainty over China’s efforts to enter the civil aviation market. The potential restriction on the sale of plane…

U.S. planemaker Gulfstream unveils flagship G700 long-range jet

The Gulfstream G700 poses a direct challenge to Bombardier’s Global 7500. Gulfstream, a U.S. planemaker unveiled its widely-expected G700 long-range jet in a direct challenge to Bombardier Inc’s Global 7500 flagship aircraft. Gulfstream Aerospace, a unit of General Dynamics Corp, stated the G700 would be powered by Rolls-Royce Holdings PLC’s Pearl 700 engines. It expects…

TCMC to invest $1.3 billion into its R&D facility in Hsinchu science park

TCMC, the world’s biggest contract chipmakers plans on sinking in $1.3 billion in R&D to research future technologies. On Friday, a spokesman for the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co, stated it is planning to plough in $13.50 billion (T$400 billion) to help expand its research and development capacity for future technologies. Clarifying…