US-based Cloud Packaging Solutions has unveiled new Hydroforma 165 soluble pod machine at the Interpack event in Germany. The next-generation Hydroforma machine includes new patented features, which will allow packaged goods companies to ...
Tags: Cloud Packaging, Pod Machine
South Korean automobile manufacturer Kia Motors is set to enter the Indian car market by investing $1.1bn to build its first factory in the country. The company signed a memorandum of understanding (MOU) with the State Government of ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA and Xiamen-based San’an Optoelectronics Co Ltd (China's largest producer of full-color ultra-high-brightness LED epiwafers and chips) are forming a joint venture ...
OLED panels and TFT-LCD panels took up 27% and 73% respectively of display panels used in smartphones in 2014, but the proportion for OLED panels will exceed 40% in 2017 due to Apple's adoption for new iPhone and further rise to 58% in ...
Tags: Smartphones, OLED, LCD
In view of fast growing demand for LED automotive lighting in the China market, some Taiwan-based LED packaging service providers and LED automotive lighting module makers have been competing for orders there, according to industry sources. ...
Tags: LED packaging, LED devices
Pernod Ricard has completed the sale of Domecq brandies and wines to Bodega Las Copas, a joint venture between Emperador Group and González Byass, for €81m. The sale includes Pernod Ricard’s portfolio of brandies ...
Tags: Pernod Ricard, Wines
Pac Machinery has installed new bag-making capital equipment at its Converting Technology division in Milwaukee, US. The installation is a part of the company’s effort to support growing demand for custom pre-opened bags on a roll ...
At Semicon China 2017, executives at chip giant Intel, IC packager Advanced Semiconductor Engineering, equipment vendors ASML, Lam Research and Tokyo Electron (TEL), and nano-electronics research institute Imec talked about innovation to ...
Tags: IC, Semiconductor, IC Industry
China-based panel makers, in view of fast growing demand, will set up or expand production capacities for AMOLED panels, with eight factories to be completed or expanded in 2020, according to Photonics Industry & Technology Development ...
Tags: AMOLED panels, glass substrate, Display
Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
China's mechanical industry developed rapidly last year, buoyed by the fast-growing auto and electrical appliance segments, China Machinery Industry Federation said Thursday. The auto sub-sector contributed nearly 60 percent of the ...
LED packaging service provider Unity Opto Technology expects smart lighting, high-end backlighting and infrared (IR) applications to drive business growth and hike overall gross margin by 3-5pp in 2017, according to company chairman Wu ...
Tags: LED Lighting, IR Devices
Canadian label and packaging maker CCL Industries has signed an agreement to acquire Innovia Group, a UK-based manufacturer of specialty co-extruded, bi-axially oriented polypropylene (BOPP) films for C$1.13bn ($842m). Innovia Group, a ...
Tags: CCL Industries, polypropylene, BOPP films
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive