China's slowing power consumption and falling railway freight are signs of progress in economic restructuring, rather than evidence of failing industry, the statistics chief said on Thursday. Power use and rail freight are two major ...
Tags: power consumption, railway freight
Two of the best known Taiwanese personal computer (PC) vendors, Acer Inc. and Asustek Computer Inc. (Asus), are aggressively targeting the mobile-device market, especially the smartphone segment, by launching several new cellphone models in ...
Tags: PC Vendors, Smartphone
Quiksilver, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved a variety of First Day Motions related to its voluntary Chapter 11 restructuring. Collectively, the orders granted by the ...
Tags: Quiksilver, Roxy, DC
The Ministry of Trade and Industry of Ghana will begin the task of restructuring the apparel industry to attract investors, and build a sustainable source of foreign exchange inflows. As a part of the revamping process, the Ministry plans ...
Tags: Apparel Industry, apparel
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
NYSE listed Avery Dennison, a marketer of labeling, packaging materials and solutions reported a 6 per cent year over year slip in sales in the three months to June 30, 2015. An Avery Dennison press release informed that net sales ...
Tags: packaging materials, label
Renewable energy statistics, viewed in isolation, sketch a misleading picture of wind and solar energy growth in China. According to the Energy Information Agency, China's total installed wind and solar electricity capacity was 7% in ...
Tags: Renewable energy, Solar Power
Campbell Soup is planning to reformulate its products as part of its business restructuring strategy to bolster its core business. The company plans to remove ingredients such as added MSG from its existing range of condensed soups for ...
Tags: healty food, organic food
BASF will form a global business unit (GBU) combining all of its pigments activities effective January 2016. In the second half of 2016, BASF intends to carve out its pigments business and establish separate legal entities. With sales of ...
Tags: Pigments, azo pigments, dyes
Pump manufacturer Concentric AB will lay off 34 staff as part of its plan to restructure its new manufacturing unit in Chivilcoy, Argentina, in the wake of drooping demand in commercial vehicle market in South America. The entire one-off ...
Tags: Pump, commercial vehicle
Net revenues slipped 6 per cent year over year on a reported basis at denim jeans marketer Levi Strauss & Co. for the second quarter ended May 31, 2015. Net revenues declined six per cent to $1.01 billion on a reported basis in the second ...
Tags: Levi Strauss, denim jeans
According to its 2015 Chinese LED Industry Market Report, LEDinside, a division of TrendForce, finds the scale of the Chinese LED package market for 2014 reached US$8.6 billion and grew by 19% annually. The general lighting market has been ...
Tags: LED Package, LED Chip
Hilco Capital disclosed that it had acquired Canadian travel hat designer and manufacturer, Tilley Endurables, for an undisclosed sum. Hilco, a London, England-based firm that specializes in investing in distressed assets and ...
President Gurbanguly Berdimuhammadov of Turkmenistan has said that the main purpose of restructuring in the textile industry is to increase the manufacturing of competitive products and attract investments, according to the country’s ...
Tags: textile manufacture, knitwear, garments, casual wear