German automaker Volkswagen is set to use quantum computing to simulate industrially relevant molecules for the development of batteries for electric vehicles. The experts have successfully simulated molecules such as lithium-hydrogen and ...
Tags: Volkswagen, Quantum Computing
Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
Food testing services provider Eurofins Scientific has acquired Institut Nehring, a food testing laboratory in the German market. Institut Nehring was established in 1905; today the company is well-known in the German market thanks to its ...
Tags: Eurofins, Food Testing Lab
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
Mercedes-Benz has started the production of the new S-Class at its plant in Sindelfingen, Germany. For the official start-up of the luxury saloon in the Mercedes-Benz plant Sindelfingen, an S 560 4MATIC (fuel consumption, ...
Tags: Mercedes-Benz, ultrasonic sensors
Samsung Electronics Co., Ltd., the world leader in advanced memory technology, announced today that it has begun mass producing the industry’s first 10-nanometer (nm) class* , 8-gigabit (Gb) DDR4 (double-data-rate-4) DRAM chips and ...
Tags: Samsung, 10nm-class DRAM, DDR4
Spun-off from ITT Corporation in October 2011, Xylem Inc. was formed from ITT's separate water businesses and now operates as a global water technology organization. The company was organized into the five areas of transport, treatment, ...
Tags: Xylem, ITT, Patrick Decker
Luxtera, the global leader in Silicon Photonics solutions, today announces the hiring of Brad Byk as Vice President of Worldwide Sales and Kelly Perez as Vice President of Finance. Luxtera will leverage their considerable experience and ...
Tags: OEM, Luxtera, Senior Executives
Mercedes-Benz said that it would be investing $1.3bn in its Tuscaloosa plant in Alabama to increase production of its next generation SUVs. The investment is expected to allow the company to be more flexible and efficient in the ...
Revenues in the first fiscal quarter ended March 29, 2015 slid 12.8 per cent year over year at Checkpoint Systems, a developer of solutions for the retail industry like loss prevention, etc. According to a Checkpoint press release, its ...
In 2014, Spanish apparel brand Mango clocked revenues of €2.01 billion, up 9.3 per cent over 2013, with 82 per cent of sales coming from overseas markets and the rest from Spain. Online turnover now accounts for 9.1 per cent of ...
Tags: Mango, Spanish apparel brand
Clayton Beale, Axalta Coating Systems IT Manager, Supply Chain and Logistics Systems-North America, shared his perspectives as a presenter during the SAP for Chemicals conference in c, Georgia last week. Technology professionals from a ...
Tags: Chemicals Conference, industry, Construction
Epistar Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC ) held Board of Directors’ meetings today and approved a sale of TSMC Solid State Lighting (TSMC SSL) shares. Epistar will acquire all shares of TSMC SSL held by TSMC and ...
Southeast Asian online retailer, Lazada has raised €200 million in a new funding round led by Singapore investment company Temasek . In a statement, Lazada said Temasek joined existing investors including Verlinvest, Kinnevik and ...
Tags: Online Retailer, Apparel
Mothercare plc, the largest UK specialist retailer in its segment, said it will raise some £100 million through a rights issue and which will be £95 million, net of expenses. The rights issue is a fully underwritten 9 for 10 ...
Tags: Mothercare