Chinese Investors to Buy German Semiconductor Company Aixtron

A group of Chinese investors has offered €6 a share to buy Aixtron, valuing the German supplier of semiconductor equipment at about €670m, in the latest case of a mainland acquisition of a western industrial company.

Aixtron, which makes equipment used in LED lighting, said on Monday that it had agreed to a takeover by Grand Chip Investment, the German arm of Fujian Grand Chip Investment Fund. The Chinese group is controlled by Zhendong Liu, a Chinese businessman who owns 51 per cent of the fund. Xiamen Bohao Investment owns the remaining 49 per cent.

Under the terms of the agreement, Aixtron shareholders will be offered €6 in cash for an ordinary share, nearly 24 per cent more than Aixtron’s closing share price of €4.86 a share on Friday. The deal represents a 51 per cent premium over Aixtron’s three-month weighted average share price. Shares in the German equipment maker rose by more than 16 per cent on Monday after news of the agreement.

Semiconductor

Aixtron said its legal domicile and headquarters would remain in Herzogenrath, Germany. It added that chief executive Martin Goetzeler and Bernd Schulte, chief operating officer, would remain in their jobs at the company.

Grand Chip Investment is expected to appoint four representatives to the Aixtron’s six-member supervisory board once the deal is complete. The takeover is still subject to shareholder approval and certain regulatory conditions being met.

Kim Schindelhauer, Aixtron chairman, said on Monday that the board members “fully support this transaction as it provides immediate value to our shareholders while also enabling Aixtron to bring their new products to market”.

The disappointing first-quarter results came just four months after the equipment maker suffered its worst day in 16 years upon losing its largest customer. Last December, Aixtron said Chinese client Sanan Optoelectronics had cancelled its orders, forcing Aixtron to cut its full-year sales guidance and sending shares down as much as 43 per cent in a single day.

Ammonium metatungstate used as the raw material of thin film substrate for semiconductor device will improve its property. Thin film grows on the substrate, the substrate material properties and characteristics of the substrate surface has a big impact on the film, because the film thickness is between nanometers to microns, the substrate surface is required for high flatness; The combination of film and the substrate is also a very important aspect, if the lattice mismatch, at the beginning of the film formation stage will form a long transition area. The wide application of semiconductor device makes ammonium metatungstate has a prospect market and is becoming an important material in emerging industry.

Chinese Plunged Platinum Demand Makes Tungsten Gold-Plated Products Popular

Platinum is a kind of precious metal with pure white appearance, which has always been welcomed by people. Platinum is very rare, so its value is far higher than gold, it also exists as a "luxury" in many people’s eyes. But in recent years the price of platinum has been on the decline, its price is even lower than gold. The domestic market demand for platinum also plunged, making platinum jewelry "hard to find."
 
China is a big consumer of platinum jewelry in the world, according to statistics, in 2015, due to the decline of the Chinese platinum jewelry purchases, the global platinum jewelry demand fell by 4%. Since platinum jewelry prices are falling, but why demand is much less of it? The reason is that although platinum is rare than gold, but it does not have hedging value as gold. Since 2015, the international platinum trading price is much lower than gold, but in the Chinese consumer market, the retail price has been high, which many consumers feel "suffer." Meanwhile, as China's slowing economic growth and the impact of corruption, many people changed their consumer behaviors, for such expensive consumer demand also significantly reduced.
 
Platinum’s demand Plunged, while tungsten gold-plated products are very popular. Tungsten gold-plated products, as name suggested that are manufactured by tungsten alloy and then do gold plating on its surface after, which can be used as handicrafts, collections or business gifts, such as tungsten gold-plated bars, tungsten gold plated coins, tungsten gold-plated rings, necklaces, etc. Tungsten gold-plated products can be plated with gold, silver, as well as platinum; so that makes tungsten gold-plated products have the equally attractive appearances like real gold, silver or platinum’s products. Because of the unique high-density, good corrosion resistance and wear resistance of tungsten alloy, tungsten gold-plated products are very durable, and the price is also appropriate. Therefore, as highly cost-effective products, tungsten gold-plated products are more and more popular. But our tungsten gold-plated products are merely used as ornamental, collectors and gifts; they can not be used to do illegal things. It requires us to be vigilant when purchasing precious metals products.
platinum ring and tungsten gold-plated bar

ICBC Acquired Barclay’s Coffer Accelerated International M&A

The full name of ICBC is South Africa's Standard Bank and Industrial Commercial Bank of China, which is the overseas subsidiary of ICBC. According to foreign media reports, recently, ICBC Standard Bank and Barclays Bank have agreed terms to acquire its coffer in London, the acquisition plan expected to be completed in July. It is reported that Barclay’s coffer is one of Europe's largest capacity coffers, people call it mini "Fort Knox," which can store about 2,000 tons of gold. Fort Knox, located in the Kentucky of the United States, it is the most important military training base of the US armored forces, but also the gold storage place of the US, which is the most heavily secured place in the US. Thus, Barclays coffer also has a very tight security system.
 
ICBC is China's largest trading bank of precious metals; we can see that ICBC has never stopped his footsteps of entering the international market from 2008 until today. In 2008, ICBC Standard Bank took stakes in Standard Bank, and becoming their largest shareholder; in 2012, it has made acquisition of Argentina Standard Bank; in 2015, it cost $ 770 million by acquisition of 60% right of Standard Bank Public Limited Company; in Jan. 2016, it acquired the lease right to the London coffer of Deutsche Bank, and after then, it became a clearing member of the London precious metals liquidation of the company. Now ICBC has acquired the Barclays coffer. These initiatives show its international M&A actions, which are all for its own development. These initiatives will also make ICBC plays a greater influence in international commodities trading and pricing. Standard Bank and ICBC also said that they are hoping to become one of the largest Chinese banks in precious metals market.
 
ICBC and Barclay’s coffer

 

Will Thorium Tungsten Electrode Withdraw from Market?

Thorium tungsten electrode is mainly used in DC negative electrode or carbon, stainless steel, nickel alloy, titanium alloy and other positive electrodes. Due to its good operating performance, even if it is suffer from overload current, it still in good operating. However, when AC welding electrodes by thoriated wolfram electrode, welding should be in a fast speed, and users should be careful to avoid direct current soldering react before AC soldering. When AC welding, ball balled will not melt, so its effect is not as good as a liquid ball.

thorium tungsten electrodeThorium is used as the main ingredients for thoriated tungsten electrode which exists in mineral in the form of the chemical compounds, and emits α particle. Mass of emitted α particles is much larger than that of the electron, atoms of material will ionize and lose energy by the time the α particle go through it, so its penetration ability is poor, its range is only a few centimeters in the air, as long as a piece of paper or healthy skin to block. Nevertheless, once they are inhaled or injected, it would be very dangerous, which can directly damage cells, tissues of giblets.

China is so far the only country in the world to produce radioactive tungsten electrodes. However, radioactive element is a physical carcinogen, which is likely to bring out gene mutations, resulting in that a normal proto-oncogene and anti-oncogene have mutation, finally cause the cancer cells. Due to varying degrees of radioactive contamination in its production and application, thoriated wolfram electrode withdraw from market is only a matter of time. China has stepped up the controls on thorium mining in a year and a half ago, prohibiting mining the thorium. Thus resulting in the production of material of thoriated wolfram electrode is not enough, the supply is not adequate to the demand, and price rose sharply. In addition, currently ranked second usage is cerium tungsten electrode, which does not produce radioactive contamination, and belongs to green products, it only need a very small current that it can easily arcing, and dimensional arc current is relatively small. At low current DC conditions, cerium tungsten electrode enjoys a great popular in the world. On the other hand, thorium is a potential nuclear fuel which is widely distributed in the earth's crust, and it is a promising energy materials in the future.

 

Upward Gold Price Increases Gold Fraud, Silver Scam Fooled Many People

Recently, people had seemed to be taken by surprise by the plummeted steel price, but the international gold price has shown upward trend. According to foreign media reports, JP Morgan Chase recently said the previous fall gold price is a healthy correction, under the current negative interest rate environment; the gold has performed well, and can raise a lot. And they said, in this year, gold price is expected to rush $ 1,400 / ounce level. Goldman Sachs also said that net speculative positions of gold have increased, and gold investment attraction is significant. The upward gold price also brings some other investment issues. The gold fraud such as “gold rimming silver" also or "gold rimming tungsten" is not uncommon. There is a businessman recently encountered such gold fraud. His partner gave him a number of gold which is worth 2.68 million Yuan as pawn of lending money, but afterwards he found that all of the gold is "the gold rimming silver", the outer was coated with three millimeters thickness of gold, and there was silver inner. In addition to bullion, gold bar fraud, many gold coins, crafts and even jewelry etc. all have the adulteration problems.
 
While the fake gold fraud is in upgrading trend and the other side, many people fell into the "high returns" silver scam. Recently, the High Court was rejected the involved 6 criminals’ appeal for their silver scam which caused more than 100 people deceived and involved up to 9 million Yuan, and affirmed the verdict of the first trial, that is to sentence the 29-year-old man, He Gang to life imprisonment, the other five accomplices were sentenced 4 to 13 years in prison. He Gang together with five other people fabricated the silver trading scam online in the name of his company during 2013-2014, which had resulted in 60 people suffered great loss, the amount could be up to more than 900 million Yuan.
 
We've heard a lot of fake gold fraud, and even some foreign banks' reserves gold are total tungsten gold plated bars. In fact tungsten gold-plated bars which made of tungsten alloy are just used for the purposes of collection or souvenir or gift. The tungsten gold plated products provided by Chinatungsten are also just for play and appreciation only and can not act as gold, nor can not be used for doing illegal things. Whether it is gold fraud or silver scam, our law will not be tolerated. And the thing we can do is only to polish our eyes, so that would not be exploited by criminals.
 
fake gold

Global Steel Price’s Decline Lead to Anemic Market Trading

The global steel price endures a continuous decline due to the overcapacity impact of global steel recently, which makes so many steel operators couldn’t afford. The index of Chinese domestic steel production in April is more than 10 percentage points, which making a substantial increase in steel production, and then resulting in steel prices decline. The demand of steel is insufficient to support such a large surplus of steel, so the global steel industry is facing the "Waterloo." Now the sentiment of business-to-bearish in steel market continued to spread, so that leads to steel market trading anemically. Europe imputed the problem of European plight of steel industry to China; they thought it was the lack of response efforts of China on the production and export of steel. Chinese Foreign Ministry spokesman responded that the steel overcapacity reflected a global problem, and China had taken early action and measures to resolve the problem for showing China's determination to solve the surplus of steel production.
 
According to foreign media reported, due to the impact of decline of global steel prices, the Spanish carrier is also facing the unsellable dilemma. The scrap recycling businessman has no interests in this carrier. The global steel overcapacity problem can not be mitigated in the short term; it also means that steel prices will continue to follow the downward trend in May. The decline of steel price also resulted in market trading anemically, and in order to liquidation timely, many businesses cut the steel prices which will also further accelerate the decline of steel prices. Whether the steel prices can return, it mainly depends on whether the insufficient effective demand caused by the global economic recession can be effectively addressed.
 
steel

Tungsten Oxide Smart Glass in Popular Culture

In tungsten oxide smart glass, the electrochromic material changes its opacity: it changes between a colored, translucent state (usually blue) and a transparent state. A burst of electricity is required for changing its opacity, but once the change has been effected, no electricity is needed for maintaining the particular shade which has been reached. Darkening occurs from the edges, moving inward, and is a slow process, ranging from many seconds to several minutes depending on window size.

Electrochromic glass provides visibility even in the darkened state and thus preserves visible contact with the outside environment. It has been used in small-scale applications such as rearview mirrors. Electrochromic technology also finds use in indoor applications, for example, for protection of objects under the glass of museum display cases and picture frame glass from the damaging effects of the UV and visible wavelengths of artificial light.

Glass Coating Window

Tungsten oxide smart glass with electrochromic property has not only been applied in our daily life, but becomes popular in culture like movie and TV series in recent years.

1.The 1982 film Blade Runner contains an early depiction of smart glass in a scene in which a room is darkened with a smart glass-like shade so Rick Deckard, played by Harrison Ford, can administer a polygraph-style test to determine whether Rachael, portrayed by Sean Young, is an organic robot known as a replicant.

2.The 1993 film Philadelphia features a scene in which a large conference room in the middle of the law firm has walls of glass on three sides. Jason Robards says, "Bill, will you get the windows?", and a switch is thrown, and all the windows immediately become translucent, so that no one can see them firing Tom Hanks' character.

3.Smart glass is seen in the 2002 motion picture The Sum of all Fears, in which Jack Ryan, played by Ben Affleck, is ushered into a secret room in the Pentagon, the windows of which whiten over as the door is shut.

4.Smart glass can be seen in the third season of the television series 24, where Jack Bauer changed the visibility to frosted glass to conceal the view as he was injecting heroin.

5.Smart glass is mentioned in Season Three, Episode Five of CSI:Miami, entitled "Legal", in which a young lady working undercover to expose underage drinking is murdered in a room shielded by what Ryan Wolfe refers to as "intelligent glass", where closing the door completes an electrical circuit, making the glass frost over and become opaque. The episode first aired in 2004.

6.Smart glass is seen in the television series Lie To Me with the interrogation/interview room at the Lightman Group offices consisting of what amounts to a room-sized box within a larger room, with smart glass walls. The walls appear to be white and opaque most of the time, but can be rendered clear to reveal those observing a subject from the outside.

7.Smart glass was featured in 2005 video game Tom Clancy's Splinter Cell: Chaos Theory in a fifth mission Displace International, enabling the main character to quickly switch between on and off modes with his OCP pistol attachment.

8.Smart glass is seen in use in White Collar season 1 episode 8 "Hard Sell" when Neal comes to tell Daniel Reed that Avery plans to betray him. Daniel flips a switch and his office window becomes frosted over, preventing Avery from peeking inside while they talk.

9.Smart glass was featured in the 2012 James Bond movie Skyfall, revealing Raoul Silva to M after he's captured.

10.Smart glass was used in the bathroom in the Real World: Austin.

11.Dimmable smart glass was featured in the 2014 film, Captain America: The Winter Soldier, in the S.H.I.E.L.D. office in Washington, D.C.

12.Smart glass was featured in the 2014 animated feature Big Hero 6, used by Tadashi Hamada for his office.
 

 

Wi-Fi Enabled Tungsten Oxide Smart Window Film

Curtains have been around for many years without much improvement. The small advances that have been made, such as motorized shades and smart glass, can be extremely expensive and complex to install. Latest, the smart glass window Wi-Fi enabled has been invented. According to the manufacturer, this kind of film maybe revolutionizes the industry of windows and curtains.

smart film
 
So, you may ask: what is digital shade? Digital shade (or smart film) is a technology that allows the color of the film to go from transparent to non-transparent when you apply a current through it, also the level of transparency is able to control. The tungsten oxide smart glass window film with Wi-Fi will give you the option for privacy on demand by adjusting the amount of light traveling through your glass window; and with the multi-purpose, it can used in the commercial, home use, such as meeting rooms, offices, living room, dining room and bathrooms.
 
The tungsten oxide smart film is based on digital shading technology that allows the color of the film to go from non-transparent to transparent when you apply a current through it. It brings you no need to replace your windows or glass partition as it can be retro-fit onto any glass surface in your living room, bathroom, office or any other glass surface you choose. The disadvantage is that once installed, it may cause a slight affect on the general appearance and clarity of the windows. The most interesting is that the film is Wi-Fi enabled which makes it really simple to use and operate, that means you can control the film from anywhere in your home or office just at a touch of the button.
 
With the property of electrochromic, tungsten trioxide has been the ideal adjustment electro-optical material and it can be made into tungsten trioxide film which is the electrochromic layer of the smart film.
 
Let us image, in the near future, we will not need the cloth curtains, no longer sorrow for the insulation and privacy, and our life will be simple with the tungsten oxide smart glass window film. 

 

3D Printing Technology Applied for Aero-engine

It is said that large-scale 3D printing technology has been approved by the national acceptance, which indicates the large-scale 3D printing technology shall be applied for the research and production of printing size to the largest high-precision metal parts, such as aero-engines, etc.

It is predicted that such a large 3D printing technology is the most important application of critical engine components in the future, such as metal blades of aero-engines, space rocket fuel pump turbine and other processing requirements of high precision and complex machining of metal parts, including the material of tungsten heavy alloy, aluminum alloy, magnesium alloy, etc. A one-time high-precision molding will be shortened exponentially, so large-scale 3D printing technology is widely used in aero-engine, especially now aerospace equipment requires light weight but high reliability, longer cycle life and lower cost, etc.

At present, Chinese large-scale 3D laser printing technology is a kind of molding technology lying automatic by the metal powder accompanying with the laser melting, simply similar to playing candle. However, subject to the efficiency issue, the large-scale 3D printing technology is still only in the experimental stage but has not been dragged into batch production. Anyway, China has abundant of resource of metal, such as tungsten heavy alloy, aluminum alloy, magnesium alloy, etc., there will be no problem for them to be the leading edge in 3D printing technology. Nowadays, China has made considerable great success in using 3D printing technology for more than 20 products including aero-engines, rocket engines, launch vehicles, satellites, missiles, etc.

3D printing technology applied for aero-engine

3D printing technology applied for aero-engine

 

 

Xiamen University Class 86 Alumni Recall the Glory Days, Tungsten Ring Witnesses Homecoming

 Xiamen University class 86 alumni  Xiamen University class 86 alumni

There is a lyric that sings: the water took time story away, and changed you and me. This song took many people’s green years, and also changed many faces. Those summer that decorated with braided hair and uniforms skirt, those long streets that the white shoes ever run, those talking and laughing sounded on daddy’s bicycles and those days you tenderly smiled to me when Phoenix flower fallen on your shoulders. All of these had been caught in the pages of heavy books, and soak in the time of formalin became the most permanent specimens in our hearts.

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