The infrared (IR) LED market will exceed $1bn by 2024, as shipments rise from over $400m in 2017 then at a compound annual growth rate (CAGR) of over 15% between 2018 and 2024, forecasts a report by Global Market Insights Inc that covers ...
Tags: LED market, IR LED
For second-quarter 2018, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $157.8m, down slightly on $158.6m last quarter but up 40.6% on $112.2m a year ago. ...
Spar Austria has introduced reusable bags for fruit and vegetables, as part of its efforts to reduce the use of plastic bags. Spar, through its hypermarket division Interspar, has launched new polyester net bags with a drawstring for ...
Tags: Spar Austria, reusable bags
Hyundai CRADLE, the venture capital wing of Hyundai Motor has invested in Metawave to help develop smart automotive radar platforms. Hyundai autonomous vehicles will be equipped with next-generation radar systems. Metawave uses adaptive ...
Tags: Autonomous Vehicles, Hyundai
OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...
Tags: OFD Foods, dried food
Unilever’s UK tea brand PG Tips said that it will make its tea bags with new plant-based material that is 100% renewable and biodegradable. The move is part of the company's plan to enhance the impact of products on the environment ...
German automaker Volkswagen is set to showcase its new product, ID Vizzion, an electric car with a driving range of 665km, at Geneva International Motor Show to be held between 8 and 18 March 2018. With self-driving capabilities, ID ...
Tags: Volkswagen, Electric Car
In stand I-2 (hall 2) at GSMA’s Mobile World Congress (MWC2018) in Barcelona, Spain (26 February – 1 March), Skyworks Solutions Inc of Woburn, MA, USA (which makes analog and mixed-signal semiconductors) has launched its first ...
Tags: Skyworks, Wireless Communications
Universal Laser Systems has expanded its laser material processing systems with the addition of ULTRA Platform Series ULTRA platform-based laser systems are designed and ideally suited for precision laser cutting, laser ablation, and ...
Tags: Universal Laser Systems, lasers
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
UK-based frozen food supplier Iceland Foods has committed to eliminate plastic packaging from all of its own brand products within next five years. The move follows a recent decision made by the UK Prime Minister Theresa May to eradicate ...
Tags: frozen food, plastic packaging
In booth #AD14 at the North American International Auto Show’s AutoMobili-D 2018 in Detroit, MI, USA (14-21 January), Osram Opto Semiconductors GmbH of Regensburg, Germany is demonstrating how its high-power 905nm-wavelength infrared ...
Tags: Osram, LiDAR, driver assistance systems
RPC Zeller Plastik Zell has developed a new closure for personal care and pharmaceutical applications. Part of the screw-on Classic range of polypropylene hinge tube closures, the new closure is available with a size of 25mm and matt ...
Boxes and Packaging has designed new packaging for UK-based online craft beer retailer Beer Hawk, helping to deal with Christmas seasonal demand. Boxes and Packaging (Doncaster) or B&P Doncaster has designed an array of gift and transit ...
Tags: Boxes, Packaging, Christmas Packaging
Enevate has announced HD-Energy Technology for Electric Vehicles (EVs) which features extreme fast charging in only 5 minutes with high energy density and long driving range that adds up to 240 miles (390 km)—or up to 50 miles (80 km) ...
Tags: Enevate, Fast Charge Battery, EV