China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
In the first six months of this year, Taiwan exported US$10.12 billion of machinery, including US$1.64 billion of machine tools, both of which representing year-to-year decreases, with the total export inching down 0.4 percent and the ...
Tags: machinery exports, machine tools
The Hurun Luxury Consumer Price Index, an annual study that gauges levels of top-end individual spending in China, has contracted for the first time in eight years. The LCPI 2015 dropped 1.8 percent year-on-year, said wealth researcher ...
Japanese automotive giant Toyota may shelve its plan to promote its luxury Lexus brand in China, thanks to slowdown in the country’s automobile sector coupled with a weaker yen. With China's automobile market registering a growth ...
Tags: automobile manufacture, Toyota, car promotion, Lexus
China’s LED package market grew 19% Year-on-Year (YoY) to US $8.6 billion in 2014, according to LEDinside’s 2015 Global Sapphire and LED Chip Market Report. The lighting market has been the major growth momentum for the ...
Tags: LED package, LED Chip, LED products, LED applications
In the nine months to May 31, 2015, sales soared 23.9 per cent year over year at Japanese apparel marketer retailer Fast Retailing Group, which has in its portfolio clothing brands like Uniqlo, etc. In the period between September and May ...
Teijin Group's fibre product converting company, Teijin Frontier has developed a new, highly comfortable and functional polyester material that achieves the pile structure of toweling. “The material made from 100 per cent ...
Tags: Polyester Fabric, Teijin Polyester Fabric Shows, Toweling
The Japan Toy Association has revealed a nine per cent increase in toy sales for fiscal 2014, driven by sales of toys inspired by the hit video game franchise The Japanese toy market is celebrating its best sales in a decade for fiscal ...
Tags: Toy Sales, Yo Kai Watch
Taiwanese semiconductor company United Microelectronics Corporation (UMC) has introduced UMC Auto technology platform for the IC companies involved in designing chips for automotive applications. The new platform consists of a range of ...
Tags: semiconductor, UMC Auto technology
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
Industry executives forecast the consolidated revenue of machine-tool maker Tongtai Machine & Tool Co., Ltd. of Taiwan to rise over 20 percent year on year to NT$10 billion (US$322.58 million) by the end of this year, basing such optimistic ...
Tags: machine-tool, Tongtai Machine&Tool
In the six months to February 2015, revenue surged 24.2 per cent, while operating profit zoomed 40.2 per cent, both from a year ago periods, at Japanese apparel marketer Fast Retailing. Fast Retailing which owns the Uniqlo brand, said ...
Tags: Fast Retailing, Uniqlo Japan, Apparel
Taiwan-based crystalline silicon solar cell makers have lowered quotes for PERC (passivated emitter and rear cell) monocrystalline models from US$0.49/W at the beginning of 2015 to US$0.45/W currently due to lower-than-expected demand, ...
Tags: Solar Cells, Crystalline Silicon
Some China-based PV module makers have lowered OEM quotes for PV modules with power-generating output of 250-255W to US$0.50-0.52/W to maintain orders from Japan-based vendors, according to industry sources in Taiwan. The price reductions ...
Tags: PV Module, OEM prices, LED Lights