US spice firm McCormick & Co. has agreed a deal to buy Chinese bouillon maker Wuhan Asia-Pacific Condiments Co. The CNY900m (US$141.5m) deal will add bouillon to McCormick's Chinese portfolio, which includes spices, seasoning blends and ...
Tags: bouillon firm, Condiments, spices, seasoning blends, sauces
ecVision,the leading supply chain collaboration platform provider for retail,announced today its plans to exhibit and demonstrate supply chain collaboration platform functionality for retailers and manufacturers at the National Retail ...
Foxconn will instantly fire any employee found to have been responsible for the breaching laws China based contract electronics maker Foxconn has admitted to have employed 14 to 16 year old student interns its Chinese facility. Foxconn ...
Tags: Foxconn, internal investigation, China's labour law, Foxconn policy
McCormick & Co. today (27 September) upped its forecast for annual earnings on the back of a better tax rate and also reported an increase in third-quarter profits. The US spice manufacturer said it now sees its full-year earnings per ...
Tags: Earnings, profits, net sales, Operating income
As LG has been contracted to supply 60% of the LCD screens used in iPad minis, TSMT is tantamount to filling most of iPad minis need for backlight light bars with LG's contracts. AU Optronics Corp. (AUO) supplies the remaining 40% of the ...
Tags: TSMT, LG, LED Light Bar PCB Contract
Move over Burj Khalifa,a group in China has its eye set on building the next world's tallest skyscraper,and they plan to do it in just 90 days.Called Sky City Changsha,the tower envisioned for central China's Hunan province could rise ...
Tags: China, Burj Khalifa, skyscraper, construction
According to latest data released by the Ministry of Railways, China's railway fixed asset investment totaled CNY 425.2 billion in the first ten months of this year, 0.89% lower than the same period of 2011. But investment grew fast in ...
Tags: investment plan, railway infrastructure projects, demand for steel
Taipei, Oct. 1, 2012 (CENS)--LED chipmaker Optotech Corp. has branched out into the packaging sector in the second half this year as the first step of its plan to enlarge market share in LED industry. Founded around 30 years ago, the ...
Taipei, Oct. 1, 2012 (CENS)--The Ministry of Economic Affairs (MOEA) publicized yesterday (Sept. 30) the latest evaluation report on investment-environment risk released by BERI (Business Environment Risk Intelligence), showing that of the ...
In late November, Hanbao Cold Rolled Plant of Handan Steel Group, a subsidiary of Hebei Steel Group, successfully delivered 150,000 tonnes of CR sheet to Europe. The shipments include 3,300 tonnes of CR340LA and CR380L etc low-alloy ...
Tags: cold rolled plant, auto producers, low-alloy high-strength steel
CANADA approved China's biggest ever foreign takeover, the USD 15.1 billion bid by CNOOC Ltd for energy company Nexen Inc, after the Chinese giant agreed to various conditions, but drew a line in the sand against future purchases by state ...
Tags: foreign investment framework, employment, capital investments
Non-consolidated revenue of Hon Hai Precision,Taiwan's leading manufacturer,jumped 27.58%sequentially to NT$351.733 billion in November,a performance far exceeding market expectation,reported the company yesterday(Nov.10).Institutional ...
Tags: Hon Hai Precision, revenue, consumer electronics, computer products
German automaker BMW said that a new president has been named to lead BMW's business in China. Mr Karsten Engel now president of BMW Group Germany, will become BMW's China head in the first quarter of next year, replacing Mr Christoph ...
Although Taiwan Semiconductor Manufacturing Co.'s(TSMC's)consolidated net sales for November sank around 11.4%from October,to NT$44.2 billion,industry executives estimated the foundry giant's revenue for the fourth quarter to exceed its ...
Tags: Semiconductor, TSMC, foundry, sales
CG Drives & Automation releases first products since its acquisition as Emotron by Crompton Greaves in India The first new products from the new formation are the IP20/21 version of Emotron FDU/VFX AC drives and the Emotron TSA ...