Capacity expansion by Chinese LED chip makers has resulted in a supply glut, with this year's LED chip supply-demand ratio reaching 22%, according to the latest '2015 Global LED Industry Supply and Demand Database Report' by LEDinside (a ...
Tags: LED Chip, MOCVD Capacity
Team Sportia Ab of Sweden and its majority owner SGN Sportia of Finland have joined Sport 2000 International, greatly extending the reach of Europe's second largest buying group for sporting goods retailers in the Nordic countries. Team ...
Tags: Team Sportia, fitness, unning and bicycling
Arla has floated two joint ventures in Nigeria and Senegal in Africa, as part of its strategy to extend its network outside the European Union. The company has tied up with local partners - Tolaram in Nigeria and Attieh Group in Senegal - ...
Tags: Arla, Dairy Products, powdered milk products
For second-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a fifth consecutive quarterly revenue increase, ...
Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, ...
Tags: agricultural machinery, tractor
According to its 2015 Chinese LED Industry Market Report, LEDinside, a division of TrendForce, finds the scale of the Chinese LED package market for 2014 reached US$8.6 billion and grew by 19% annually. The general lighting market has been ...
Tags: LED Package, LED Chip
The New York City administration has begun implementing ban on expanded polystyrene (EPS) foams used for making cups, bowls, plates, takeout containers, and trays for being non-recyclable. Announced by the New York administration in ...
Tags: Polystyrene Foams, polystyrene
Italian chocolate producer Ferrero has agreed to acquire Thorntons, in a cross-border deal that values the British chocolate maker at around $177.7m. Ferrero will make the transaction through its subsidiary Ferholding, which has been ...
Plastic packaging and coatings company Coveris Holdings has acquired Elldex Packaging Solutions, a division of Hellaby Holdings, with packaging businesses in New Zealand and Australia. Elldex manufactures and imports HDPE and LDPE ...
Tags: Hellaby's Packaging, Packaging
With 10.8 per cent annual growth, supply chain management (SCM) and procurement applications outpaced most software markets to total US$9.9 billion in 2014, according to Gartner. The SCM and procurement software market experienced solid ...
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
Federal Treasurer Joe Hockey last night handed down the government’s 2015 – 2016 budget with some surprises and minor wins for some people in the food sector. The government has stepped away from the harsher politically ...
Tags: Federal Budget, food sector
Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
Posted in Medical Device Business by Chris Newmarker on April 3, 2015 Robert Cascella was previously CEO of Hologic. He joins Philips as the Dutch multinational increasingly focuses on what it calls HealthTech. Robert Cascella, who ...
Tags: Philips, LED components, Medicine
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining