The price war among Chinese TV manufacturers which has been raging for nearly four years is finally approaching a truce. The first company to cease fire was Le Holdings Co Ltd. On Monday, the company announced it would raise the prices of ...
Tags: TV, LCD panels
Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...
Tags: Samsung, Auto Parts
Minnesota based Hormel Foods has launched a virtual reality powered platform for customers to explore and purchase Black Label bacon. Named as ‘The Black Market’, the new platform is said to provide a multisensory bacon ...
Tags: Hormel Foods, bacon
After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing ...
Polaris Industries has entered into an agreement to acquire Transamerican Auto Parts (TAP), a manufacturer of off-road Jeep and truck accessories, for $665m. After adjusting for the $115m estimated net present value of future tax ...
Tags: Polaris Industries, Auto Parts
US based Hispanic refrigerated foods company Del Real Foods has received an undisclosed investment from an affiliated private equity fund of Palladium Equity Partners. Del Real will utilize the investment to take its products into new ...
Tags: Del Real Foods, investment, Palladium Equity
Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, today announced the addition of a new HotSpot Plus LED Driver & Emergency System with bottom side leads and studs (BLS) ...
Taiwan-made bathroom furniture with high quality and functionality, along with competitive prices, can help buyers to ride on U.S.’s bullish realty market. With U.S.'s realty and job markets continuously on the mend to sustain ...
Tags: bathroom furniture
Carbonated mixers maker Q Drinks has entered into a national partnership with Breakthru Beverage Group. The partnership gives Q Drinks the same powerful level of distribution and promotion channels in liquor stores, bars, restaurants, and ...
According to the 2016 Chinese LED Chip and Package Industry Market Report by LEDinside, a division of TrendForce, the market scale of China’s LED package reaches 2% year on year (YoY) growth at US $8.8 billion in 2015. The COB LED ...
Bevolution Group, the portfolio company of Highlander Partners announced that it has acquired Dr. Smoothie Brands. Dr. Smoothie's on-trend, authentic product portfolio enjoys strong brand equity, serving customers in the coffee house, ...
Flavours Place, an online marketplace selling coffee and tea collections, will now allow users to buy exotic coffee and tea blends directly from farms using Bitcoin. Flavours Place is dedicated to all the coffee and tea lovers and ...
Automotive and energy storage firm Tesla Motors has offered to acquire SolarCity for about $2.86bn. Tesla Motors CEO Elon Musk is the major shareholder in both the companies with 19% in Tesla and 22% in SolarCity. The company is ...
Tags: Tesla Motors, electric vehicles
Fulham Company Group, a leading supplier of lighting components and electronics for commercial and specialty applications, has signed a definitive agreement to acquire certain assets of the LED Driver business of Lumotech, based in Alkmaar, ...
China's smartphone shipments declined 5% on year in the first quarter of 2016, according to Strategy Analytics. About 104.9 million smartphones were shipped to the China market in the first quarter of 2016, down from 109.8 million units ...
Tags: Smartphone, China market, smartphone market