According to a Bloomberg report, Apple’s secret facility in Taiwan is working on display technology, most likely OLED panels. The lab in Longtan employed around 50 engineers and other workers are creating new screens for devices ...
Tags: Apple, OLED panels, LG Display
China's emerging industrial sectors, inspired by technological innovation and innovative policies, have developed rapidly in 2015. The boom in telecommunication, high-tech manufacturing, e-commerce, new energy and other emerging ...
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
Osram announced by raising the share of semiconductor sales from the global general lighting market could help it reduce the total cost of producing chips for LEDs at its new factory to be opened in Malaysia, reported Bloomberg. The LED ...
Tags: Osram, LED chip, general lighting
Hudson Valley Lighting®, a leader in classic, contemporary and transitional lighting fixtures for more than 20 years, is proud to announce that esteemed, award-winning, New York-based interior designer, Jamie Drake has signed a ...
According to the data compiled by NPD, U.S. watch sales fell to a seven-year low in June 2015. Retailers sold $375 million timepieces during June, 11% less than one year ago. It is the worst decline since 2008, unit sales dropped 14 %. ...
Tags: Apple Watch, sapphire
Analysts at the consultancy company IHS are predicting a 25 per cent rise in global demand for photovoltaics in 2015, with the emergence of the Indian market set to contribute strongly for the first time. “While 2014 remained a ...
Tags: PV Market, solar panels, solar PV
Samsung Electronics, the world’s leading producer of semiconductor and display solutions, formally opened the doors to its new Device Solutions America headquarters here, setting the stage for a new wave of innovation across the ...
Tags: Samsung Electronics, Silicon Valley, Semiconductor Headquarters
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
Singapore-based commodity major Olam International is keen to make acquisitions of up to SGD$2.72bn ($1.4bn) as it plans to benefit from the dip in prices of agricultural commodities. Olam CEO Sunny Verghese was quoted by Bloomberg as ...
Tags: Olam, agricultural commodities, cocoa, nuts, wheat
Nestle is planning to invest more than UAH100m ($4.5m) in the development of its facility in Ukraine this year. The investment will entail installation of a production line at Torchyn factory. The company recently has also installed ...
Tags: Nestle, Ukraine, confectionery firm
KitKat is set to become the first global chocolate brand to use only sustainably sourced cocoa in the manufacture of all its products. This move comes as the confectionery industry faces allegations over employing child labor in cocoa ...
British multinational alcoholic beverages company Diageo is trialling non-alcoholic beer Guinness Zero in Indonesia. Non-alcoholic beer has gained traction in Indonesia following the government's ban on sale of beer in convenience stores ...
Tags: Alcoholic Beer, Chinese cuisine
Japan's integrated beverages company Kirin is reportedly planning to acquire 55% stake in Myanmar Brewery from Singapore-based beverage producer Fraser and Neave (F&N) for $560m. Reuters cited sources familiar with the matter as saying ...
Tags: beverage, beverage manufacture, Kirin, company acquisition
US-based consumer products firm Jarden is inching towards sealing a $1.35bn deal for acquiring disposable plastic cups, plates and cutlery maker Waddington Group. Jarden, which has outshone bidders in the last few days, reached an ...
Tags: consumer products, plastic cups, plastic plates, plates bags