US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Ford has unveiled the second of 13 new electrified vehicles the company plans to introduce in the next five years. The industry’s first pursuit-rated hybrid police car, the all-new Ford Police Responder Hybrid Sedan, is part of a ...
Tags: Ford, Hybrid Police Car
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
Cosmo Films has unveiled plans to install a new production line at its Waluj plant site in Aurangabad, located in the Indian state of Maharashtra. Cosmo Films will invest up to Rs250crores ($37m) to build the new production line, which ...
Tags: Cosmo Films, polyester
Honda has unveiled NueV, a pure-electric concept car with automated ride-sharing capabilities at the Geneva Motor Show in Switzerland. The concept car has a built-in smart engine, which Honda claims can learn from its driver. The ...
Tags: Honda, Concept Car, Geneva Motor Show
Press manufacturer Schuler Group and Japanese firm TMC have teamed up to help meet the increasing demand for “Drawing and Wall Ironing (DWI) Bottle Cans” as premium packaging. The DWI is used in the production of light ...
Tags: Aluminum Bottle, Machinery
Private equity firm Swander Pace Capital has acquired Passport Food Group, a manufacturer and distributor of globally-flavored foods to foodservice and retail sectors in North America. Passport Food Group (Passport), was previously owned ...
Tags: Passport Food, foods
The hustle and bustle of Hong Kong makes this city alive, and the same energy and excitement is clearly felt at the Hong Kong Lighting Fair 2017. Here are some of the highlights and booming trends that LEDinside observed. LED Filament ...
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
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
Cambridge Nanotherm Ltd of Haverhill, Suffolk, UK, a producer of nanoceramic thermal management technology, says that its Nanotherm LC thermal management solution addresses the unique needs of chip-scale packaged (CSP) LEDs. CSP LEDs have ...
The iPhone 8 is expected to arrive towards the end of the year, and at this rate, the leaks and rumours will ensure very little is left to the imagination by the time it arrives. So why not add another report to the mix? This time, Nikkei ...
Tags: OLED Panels, iPhone
US-based PPG has opened a nearly $3m expansion for packaging coatings manufacturing at its Oak Creek facility in Wisconsin. As part of the expansion project, the firm added a new 3,300ft² facility to produce food-can coatings to help ...
Tags: PPG, packaging coatings
VPK Packaging is investing €20m to improve both the quality and capacity of the firm's corrugated packagin solutions, in response to growing customer demand. A brand new corrugator and an additional boxmaker were already brought into ...
Tags: VPK Packaging, Packaging
Switzerland based packaging firm Tetra Pak has launched two new portion size packages to meet the demands of the on-the-go beverage market. The new packages, the Tetra Prisma Aseptic 200 and 250 Edge with DreamCap 26, are designed to ...
Tags: Tetra Pak, Packages, Beverage Market