Nokia sold 7.4 million Lumia smartphones in the second quarter, its best yet for sales of the Windows Phone devices, but still made a net loss. Net sales totalled a!5.70 billion (US$7.48 billion), down 24 percent year-on-year. The company ...
Tags: Lumia Smartphones, Nokia
While the European Union (EU) and China are still in negotiations toward settlement of the dumping of China-produced PV modules, Taiwan-based crystalline silicon solar cell makers hope that the EU imposes higher anti-dumping tariff rates ...
Tags: China, EU, PV Modules, Solar Cell
NHTSA Administrator David Strickland At the Consumer Reports "Fuel Economy: Now and in the Future" event last week, the theme was easy to spot: No matter what kind of car you want, you can find one today that gets good gas mileage. And ...
Tags: Car, Fuel Economy Event
Consumers who buy the fuel-efficient new cars that will roll out to meet tough new fuel economy standards will save thousands of dollars over the life of the vehicles, according to a new report released today by Consumer Reports. Fuel ...
Chinese textile industry is facing new problems and it requires transformation and upgradation of industrial equipments and techniques, the Chief engineer of Ministry of Industry and Information Technology, Zhu Hongren said in a meeting ...
Tags: Textile industry, cotton
Spy Inc. reported overall first-quarter sales of $9 million, up 11 percent from $8.1 million a year earlier, and narrowed its net loss as the eyewear supplier’s Happy Lens Collection got off to strong launch. Income from operations ...
Tags: Spy, Transportation, Sales
Major Chinese purified terephthalic acid makers offered down their paraxylene feedstock Monday as the May PX Asia contract price failed to settle at the end of April. The PX ACP, negotiated monthly between four PX producers and five PTA ...
Tags: PTA, PX Feedstock, ACP
Specialist meat packing business Hilton Food Group is benefiting from its "broad geographic reach" despite the tough economic conditions, said City analyst Pamure Gordon. Hilton's wide geographic spread is helping to mitigate the full ...
Tags: Meat Packer, Hilton, Food
The Northwest European styrene monomer benchmark has climber $137.50/mt or 8.9% from a year-to-date low of $1,537.50/mt on April 22 to $1,675/mt FOB ARA Tuesday, Platts data showed. The rally was due to a combination of increasing demand ...
Tags: NWE Styrene, styrene monomer
Advanced Micro Devices reported a 31 percent drop in revenue for the first quarter as it continues to battle a weak PC market and lackluster demand for its chips. Sales in AMD's Computing Solutions group, which makes processors for PCs ...
Tags: CPU, Computer Products, PC
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
US carmaker General Motors will invest about EUR4bn in European subsidiary Opel through 2016 to assist in launching new models, restore profit and raise market share in the region. Majority of the investment will be aimed at developing ...
LED epitaxial wafer and chip maker Epistar has obtained orders with shipments scheduled through the end of May and therefore expects consolidated revenues for the second quarter to significantly increase sequentially, according to company ...
Tags: LED makers, LED, LED chip
The Government of India has approved Revival, Reform and Restructuring (RRR) Package for Handloom Sector in November 2011, to waive off the overdue loans of primary weavers cooperatives, other weavers organizations and individual weavers ...
Tags: handloom, weavers, Handloom Proposal Package
The UK market was at its seasonal low in February, although one should avoid any undue gloom…demand was entirely in line with expectations. Indeed, it may surprise you to note that January was actually up some 8% up on the same month ...
Tags: Raj Bhardwaj, Recycled Containerboard Prices, Head of Steam