Lenovo has announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenues were US$12.2 billion, a 6% decrease year-on-year. Third quarter pre-tax income was US$101 million, a 68% decline year-on-year. Net income ...
Tags: Lenovo, smart devices
ODM Quanta Computer shipped 2.7 million notebooks in January, declining 30.8% on month but rising 17.4% on year, according to the company. Quanta expects notebook shipments in the first quarter of 2017 to decrease about 20%. Quanta on ...
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
LED packaging service provider Unity Opto Technology expects smart lighting, high-end backlighting and infrared (IR) applications to drive business growth and hike overall gross margin by 3-5pp in 2017, according to company chairman Wu ...
Tags: LED Lighting, IR Devices
Kush Bottles, a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, reported financial results for its first fiscal quarter ended 30 November 2016. First Quarter Fiscal 2017 Financial ...
Tags: Kush Bottles, packaging
Sazerac has acquired the Popcorn Sutton Distillery in Newport, Tennessee, for an undisclosed sum. The acquisition allows Sazerac to enter Tennessee whisky market. In an interview to Mail Online, Sazerac’s spokeswoman Amy Preske ...
Tags: whisky, whisky market
Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...
Tags: Film Industry, Turning Point
Daimler continues to grow its share of the Mexican truck market, in large part due to a strengthening of the dealer network. The company now controls 36.2% of the Class 8 market in Mexico, up about 7.8% compared to last year, according to ...
China's e-sports games revenues are expected to exceed CNY50 billion (US$7.3 billion) for 2016, up more than 50% from 2015 thanks to the increasing popularity of tournaments as more organizers and players jump on the bandwagon, according to ...
Tags: e-sports games, e-sports industry
“This is an excellent addition to our deep-water portfolio – a key growth theme for Shell’s world-wide upstream business,” said Andrew Brown, Shell’s Upstream International Director. “It’s also good ...
Tags: First Oil, Deep-Water Project
North American provider of packaging and specialty products Supremex has acquired all of the assets of Durabox Paper, a Canadian manufacturer of specialty corrugated paper boxes. Founded in 2002, Durabox Paper serves customers primarily ...
Tags: packaging, Durabox Paper
A recently published Digitimes Research Special Report notes that combined revenues from Taiwan-based makers' server motherboards, servers, storage and network equipment are expected to grow to NT$558.5 billion (US$17.45 billion) in 2016 ...
Tags: Server, Motherboards
Taiwanese LED chip manufacturers that successfully transitioned from blue LEDs to red LEDs have set new revenue records from their budding AlInGaN LED business. Those that chose to lower blue LED revenue have improved international ...
Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
CTI Industries, a manufacturer and marketer of novelty balloon products, flexible packaging and storage products, home container and organizing products and laminated films, announced results of operations for the third quarter 2016. For ...
Tags: CTI Industries, flexible packaging