Islamabad: Pakistan cut interest rates by a greater-than-forecast 1.5 percentage points, seeking to bolster faltering growth with the first reduction since 2011 after inflation slowed to a more than two-year low. The State Bank of Pakistan ...
Tags: market view, cement
Cisco today announced its fourth quarter and fiscal year results for 2012, showing a rise in both sales and the resulting income. Sales for the quarter rose a modest 4% year-on-year to reach $11.7bn, but over the entire year Cisco ...
Tags: Cisco, network solutions, datacentre solutions, software
For full-year fiscal 2012 (ended 24 June), Cree Inc of Durham, NC, USA has reported revenue of $1.16bn, up 18% on $988m for fiscal 2011. This consisted of $757m for LED products (components, chips and materials), $335m for lighting products ...
China-focused infant formula firm Synutra International has cut its full-year sales and profits guidance following a weaker-than-expected first quarter. For the three months to the end of June, Synutra saw net sales rise by 22.5% to ...
The German laser company Trumpf is to supply the car maker BMW with 14 of its “TruDisk” lasers, with shipments scheduled to begin this October. Trumpf says that the laser units will feature a variety of beam ...
In the presence of high-ranking representatives of the Jiangsu province, OSRAM AG today laid the foundation of its new plant in the Chinese city of Wuxi. In doing so, the company is taking the next step in expanding its activities in China, ...
Tags: LED Package
LED lighting manufacturer Cree has released its financial results for 2012. The results show that the US company increased its revenues from $243m to $306.8m in the fourth quarter of 2012, an improvement of 26 per cent. For the full ...
Tags: LED lighting
The Cabinet Office claims that a "ruthless approach" to "eradicating wasteful spending" across central government has helped generate £104m in savings in IT spending out of more than £5.5bn in total efficiency savings it claims ...
Tags: The Cabinet Office, National IT platform, Francis Maude, ERG
Titan Machinery Inc. closed on the previously announced acquisition of Curly Olney’s, Inc., which consists of two Case IH dealerships located in McCook and Imperial, Nebraska. In addition, the company opened two new Case IH ...
Tags: marketview, agricultural equipment, construction equipment
Cree has announced revenue of$306.8 million for its fourth quarter of fiscal 2012,ended June 24,2012.This represents a 26%increase compared to revenue of$243.0 million reported for the fourth quarter of fiscal 2011 and an 8%increase ...
Tags: North America, Cree, Financial, GAAP, LED
LED lighting manufacturer Cree has released its financial results for 2012.The results show that the US company increased its revenues from$243m to$306.8m in the fourth quarter of 2012,an improvement of 26 per cent. For the full ...
Tags: Cree, LED, GAAP, Rudd Lighting
GT Advanced Technologies Inc. reported results for the second quarter of calendar year 2012, which ended June 30, 2012. Effective April 16, 2012, the company changed its fiscal year-end to December 31. The second quarter of calendar 2012 ...
Tags: LED, GT Advanced Technologies
Thanks to a solid order backlog and positive currency translation effects,revenue was up ten percent compared to the third quarter of fiscal 2011.On the other hand,new orders were down 23 percent due to a substantially lower volume from ...
The hand tools manufacturers in Punjab are pinning hope over setting up of the state-of-the-art socket wrench manufacturing unit and a continuous bright hardening and tempering plant at a common facility centre (CFC) called ‘The ...
Tags: Market View, hand tool
For second-quarter 2012,GigOptix Inc of San Jose,CA,USA(a fabless supplier of semiconductor and optical components including modulator and laser drivers and transimpedance amplifier ICs based on III-V materials)has reported an 11th ...
Tags: GigOptix Inc, secondQuarter 2012