For full-year fiscal 2017 (to end-April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $1449.3m, up 14.7% on fiscal 2016’s $1263.2m. However, for fiscal ...
Tags: Finisar, Datacom product
German industrial packaging firm Mauser Group is investing $10m in a new packaging facility in Geismar, Louisiana, US. Mauser USA will operate the 40,000ft² packaging and logistics facility, close to the company’s major clients ...
Tags: industrial packaging, packaging
Hyundai Motor has unveiled its latest subcompact SUV, the Kona, which will go on sale in Korea later this month. The new SUV will be introduced in Europe in August and the US market in December. Kona will join the company’s ...
Tags: Hyundai, Compact SUV
The award-winning zombie shooter is coming to PlayStation VR on June 27, Vertigo Games has announced. Having already been released on Oculus Rift and HTC Vive in December 2016, the undead VR outing is now shambling onto consoles. ...
Tags: PlayStation VR, zombie shooter
Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...
Tags: Packaging, special items
Thai Containers Group (TCG), a joint venture between Rengo and SCG Packaging Public Company, has acquired an 80% interest in PT Indocorr Packaging Cikarang. PT Indocorr, which operates in eastern Jakarta, produces corrugated packaging ...
Tags: Rengo, Corrugated Packaging
Icelandic Group has confirmed its intentions to divest its UK operations, Seachill, which supplies chilled fish to the country's retail market. The company's board has decided to start a sale process for Seachill, which had sales of ...
Tags: Icelandic Group, Seafood
Last year, OnePlus 3 and OnePlus 3T owners began complaining of a touch latency issue on their handsets, which prompted the company's co-founder, Carl Pei, to respond via Twitter. Pei responded to the feedback by saying the focus was on ...
In December we learned Microsoft was planning to bring its Cortana digital assistant to smart speakers, with the first device revealed to be a speaker from third-party firm Harman Kardon. The speaker is set to debut this year, but it ...
Tags: Cortana Speaker, smart speakers
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
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
CCL Industries has purchased two European direct-to-consumer and software-powered online digital printing businesses to support its Avery unit. The company has acquired Goed Gemerkt B.V. and Goed Gewerkt B.V. (Goed Gemerkt) privately ...
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
The silence from Motorola has been deafening when it comes its next Moto X smartphone, but today we finally got to see some new leaked images of the device. One particular Google+ user (Jerry Yin) claims to have procured four photos that ...
Tags: 2017 Moto X, Motorola
UAE-based Amira Nature Foods has acquired a portfolio of packaged specialty rice brands from Euro Basmati in Germany for an undisclosed price. The acquired brands include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari which have ...
Tags: Amira Nature Foods, rice