China's manufacturing sector is gradually gaining strength and paving the way for a steady economy, two surveys showed Friday, though mixed signals remain in areas including new orders. China's official Purchasing Managers' Index (PMI) ...
Few fleet managers will be surprised to learn that a modern lift truck can collect data about every facet of its operation, well beyond the simple hour meter. Many are familiar with the concept that microprocessors onboard even the most ...
Tags: Lift Truck
Due to the prolonged downturn in demand, the Europe's second-largest steel producer Tata Steel might cut around 500 jobs to restructure the part of its British business that supplies the construction and engineering industries. This mainly ...
Tags: steel, Construction
Shunfeng Photovoltaic International, a China-based maker of solar-grade crystalline silicon wafers, cells and PV modules, has reportedly obtained permission from China's authorities to acquire Suntech Power (Wuxi), the flagship subsidiary ...
BASF SE, the world's largest chemical company by sales, reported a sharp increase in profits in the third quarter on Friday, but warned that exchange-rate fluctuations will dent earnings growth in the fourth quarter. The Ludwigshafen, ...
Tags: Exchange Rates, BASF
When asked about his views for the LED industry in the next few years, B.J. Lee Epistar chairman said during an interview at LEDforum 2013 that he expects to see steady revenue growth for the company and the continual restructure of the LED ...
Tags: LED industry, Industry Trends
Thomson Reuters CTO James Powell claimed that as a major provider of electronic information his organisation has been managing big data for more than two decades. "The term is overused, but we've been a big data organisation for more than ...
Tags: Computer Products, software
On October 15, the Chinese government announced on its website that China is to focus on restructuring the iron and steel industry in the provinces of Shandong, Hebei, and Liaoning, and in certain other provinces. Accordingly, concentrating ...
Tags: Metallurgy, Mineral, Energy, Restructure Steel
The recent commercial history of market research organisation Nielsen is a good example of how expectations and capabilities have changed radically in the world of analytics. Retailers employing Nielsen to provide services such as retail ...
Tags: Computer Products, software
In recent years, TV has shifted from LED to OLED technology, while High Definition (HD) is moving towards Ultra High Definition (UHD), indicating restructure of the global TV industry. Korean manufacturers that are currently the ...
American wine and spirits company Brown-Forman is set to restructure its Asia Pacific (APAC) area into two new regions, beginning 1 November 2013. Under the new plan, the company's existing APAC region will be divided into the Australia, ...
This week Walmart has pushed LED manufacturers into hot water as it releases a US$ 9 LED bulb line, while German manufacturer Osram slashed 900 jobs in the U.S. as part of its restructure plan. Goldman Sachs on the other hand has remained ...
Tags: LED Lighting, Walmart
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, has announced underwhelming financial results for its fourth-quarter and fiscal year 2013 (ended 29 June). ...
Tags: Oclaro, Electrical, Electronics, optical communications
China Great Wall Computer Shenzhen Co., Ltd. (SZSE: 000066) and Shenzhen Kaifa Technology Co., Ltd. (SZSE: 000021) revealed that they have received notices from controlling shareholder Great Wall Technology Co., Ltd (Great Wall Tech and ...
Tags: Electrical, Electronics
China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy