Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
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
Food Lion has issued a recall of all code dates of its Food Lion brand Homestyle Buttermilk Biscuits after being notified by its manufacturer that the product may have been contaminated with listeria monocytogenes. While there have been ...
The global market for radio-frequency (RF) power semiconductor devices – spanning silicon (LDMOS), gallium arsenide (GaAs) and gallium nitride (GaN) – will increase at a compound annual growth rate (CAGR) of nearly 12% during ...
Tags: Semiconductor
Prices of mainstream packaged LED products in China were generally stable in December, with no obvious fluctuation in either the high-power or mid-power segments, but prices are expected to fall in first-quarter 2018, reports LEDinside (a ...
Tags: LED market, LED products
The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
LG Electronics (LG) is collaborating with Here Technologies to provide a next-generation telematics solution for autonomous vehicles. The solution will integrate LG’s advanced telematics technology with high-precision map data and ...
Tags: LG Electronics, Autonomous Cars
Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
Nissan will start full production of the new Nissan LEAF at its Smyrna vehicle assembly plant to enhance its global leadership in zero-emission electric vehicles. The next-generation LEAF, unveiled yesterday, will feature greater range, ...
Tags: Nissan, Smyrna vehicle
Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...
Tags: Tokyo Motor Show, Daimler
Automotive drivetrain supplier Dana has inaugurated a new axle production facility in Toledo, Ohio, at the site that was initially home to Willys-Overland Motors, which had developed the original Jeep. The 300,000 sq. ft. facility was ...
Tags: Jeep Wrangler, Jeep
© Semiconductor Today Magazine / Juno Publishing The ultraviolet light-emitting diode (UV LED) market is growing at a compound annual growth rate (CAGR) of 24.8% from $178.4m in 2016 to $1311.7m by 2025, reckons market research firm ...
Tags: UV LEDs, LED market
The 115th United States Congress has passed the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which reduces the federal excise tax for breweries, wineries and distilled spirits producers. Under the bill, the federal excise tax ...
Tags: Craft Beverage, Tax Reform Act
DS Smith Recycling is calling for a more sustainable festive season with the launch of its Christmas recycling guidelines. With Christmas cards, wrapping paper, and packaging all heading home with us this Christmas, it’s important ...
Tags: DS Smith Recycling, Recycling
Of 3.1 million tons of PET bottles and containers placed in Europe last year, a 59.8% (1.88 million tons) of them were collected and 1.77 million tons have been recycled, according to a survey by Petcore Europe. The survey revealed that ...
Tags: PET bottles, containers