For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...
Co-founder of Kids Industries Gary Pope talks the transition of TV advertising to digital. 65 years ago, the first TV ad for toys aired in the US: 45 seconds of advertising history that led to the sale of 100m Mr and Mrs Potato Heads. ...
Tags: Kids Industries
Flexible packaging products manufacturer Bemis is planning to close two manufacturing facilities and separately cut about 300 jobs as part of its measures to reduce cost structure. The company unveiled its restructuring and cost savings ...
Tags: Flexible packaging, packaging
Spending on RF high-power semiconductors for the wireless infrastructure markets continues to flatten out in 2017, despite the fact that the overall market hit well over $1.4bn in 2016, according to ABI Research. While certain market and ...
Tags: GaN, High-Power Semiconductor
Further uncertainty surrounding the general election results is expected to fuel further decrease in spending and sales. Consumer spending in May has dropped for the first time in four years, with the uncertainty from last week’s ...
Tags: Consumer Spending
Pepsi has announced the launch of its newest limited-edition beverage, Pepsi Fire. Beginning May 22, Pepsi Fire – the refreshing cola with a cinnamon flavored twist – will be available in stores nationwide for an eight-week ...
Over the three months to April, non-food retail rose by 0.3 per cent while online sales of non-food products were up by 8.2 per cent over the same period. In store sales fell 1.3 per cent. UK retail sales have registered their biggest ...
Tags: Late Easter
Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
Toyota is spending $1.33bn at its Kentucky manufacturing facility as part of its plan to invest $10bn in the US over the next five years. The move adds to the $530m invested in 2013 to support the production of Lexus. With the present ...
US-based Embark has unveiled its self-driving truck technology to the public. The company—which gained approval by the State of Nevada earlier this year to begin testing its truck on public roads—has created a technology that ...
Tags: Self-Driving Truck, Embark
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as technical elements put pressure on the precious metal. The most active gold contract for April delivery fell 4.9 U.S. dollars, or 0.39 percent, to ...
Tags: Gold futures, precious metal
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
DGBAS reports Taiwan’s 2017 GDP growth forecast to stand at a three-year high of 1.92 percent, with annual export to show the strongest increase of 8.5 percent in the past six years (photo courtesy of UDN.com). In light of the ...
Tags: GDP growth
The major problems facing China's agricultural sector are structural ones, mainly on the supply side, according to the document by the Central Committee of the Communist Party of China and the State Council. The document calls for ...
China's retail sales of consumer goods, a key indicator of consumption, grew 10.4 percent year on year in 2016, the same as the first three quarters, official data showed Friday. Retail sales grew 9.6 percent year on year after deducting ...
Tags: consumer goods, catering industry