State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
Platts office in Singapore will be closed on Tuesday, November 10, 2015 for the Deepavali holiday and there will be no East of Suez tanker or Asia-Pacific dry bulk assessments on those days. Dry Freight Wire will not be published. ...
The differential between the WTI frontline swap and the Dubai swap is at its widest since mid-January, possibly opening up arbitrage opportunities for imports into the US, Platts data showed. The December Dubai swap was trading at a ...
Tags: WTI frontline swap, Dubai swap, crude
There will be 7.5 million smart meters installed in Japan, including replacement of conventional electric meters, in 2015, hiking 104.9% on year, according to Japan's Ministry of Economy, Trade and industry (METI). Japan will liberalize ...
Tags: Digitimes Research, Japan, press release, research extras
Lighting vendor Tons Lightology had 10-15% of consolidated revenues for first-half 2015 coming from own-brand device sales and aims to increase the revenue proportion to 15-20% in the second half and over 20% in 2016, according to the ...
Tags: sales, Tons, Lightology
HTC has reported revenues of NT$8.95 billion (US$276.8 million) for October, up 25.92% on month but down 43.2% on year. The October figures were the company's highest in six months. For the first 10 months of 2015, revenues amounted to ...
Tags: HIT, HTC, revenues, smartphone
Despite recent rebounding shipments of consumer notebooks due to replenishing inventories, global demand is still weak and therefore shipments are likely to significantly drop after the 2015 year-end holidays, especially since the first ...
IC distributor WPG expects its revenues to decline 4-6% to NT$129-135 billion (US$3.99-4.18 billion) in the fourth quarter of 2015 with a gross margin of 3.95-4.1% and an operating margin of 1.4-1.6%. WPG also reported net profits of ...
Tags: 4Q15, IC distributor, revenues, WPG
Rollouts of new smartphone models will stimulate demand for mobile DRAM memory in the fourth quarter of 2015, with the chip prices falling at a slower pace, according to DRAMeXchange. With the peak season for smartphone shipments ...
Tags: 4Q15, DRAM, mobile DRAM, SK Hynix
Wistron has announced its third-quarter financial results, reporting a drop in net profit by 54.7% on year to reach only NT$657 million (US$20.26 million) due to exchange losses from selling its service center in the Netherlands. Compared ...
Hard disk drive (HDD) makers Western Digital and Seagate have announced their financial results for the third quarter and both makers are seeing their PC business revenue contributions weaken. PC HDDs only contributed about 34% of Western ...
Tags: HDD, PC, Seagate, storage, Western Digital
Manufacturer and consumer demand for Ultra HD (4K) TVs remains strong, including 4K TV, wide viewing angle (WCG), high dynamic range (HDR) and other high-definition picture performance improvements. Despite overall sluggishness in LCD TV ...
October average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market decreased 9.7% on month to CNY29.8 (US$4.7), while that for 9W models (equivalent to 60W incandescent ones) rose 1.9% to CNY36.9, ...
Tags: China market, DIGITIMES, Digitimes Research
Sony has opened a store in the Breeze Center shopping mall in Taipei, Taiwan, and will mainly demonstrate its mid-range and high-end products including Bravia TVs, tablets, smartphones, wearables, digital cameras and headphones. Seeing ...
Tags: Bravia, digital camera, smartphone, Sony
Acer, in line with promoting its Build Your Own Cloud (BYOC) business, has established joint-venture venture capital of CNY100 million (US$15.75 million) in Chongqing City, western China, with Acer holding a 30% stake and Taiwan-based ODM ...
Tags: Acer, BYOC, venture capital