Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in ...
Tags: MLS, IC Semiconductor, LED display
Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
Publicly-listed organic infant food producer Bellamy’s has entered into a multi-million dollar agreement with dairy producer Fonterra. The strategic agreement has been made for five years and Fonterra Oceania Managing Director ...
Tags: cheese, whey, nutritionals
Nestle has recommenced production of Maggi Noodles at all of its facilities in India, in an effort to make up for the lost time that cost the company Rs 4.5bn ($67.4m) when it was banned for five months due to excessive presence of lead in ...
Tags: Nestle, Maggi Noodles
The UN global climate negotiations in Paris starting Monday are likely to drive further investment in renewable energy, prompt a switch to electrification in heating and transport and further curb coal-fired power, Swiss bank UBS said in a ...
Tags: coal-fired power, decarbonized economy, wind, solar
The India market’s demands for star labelled efficient products has doubled with falling prices and increased participation of private companies, as the country follows its commitment to lower carbon footprint ahead of climate change ...
Tags: LED Lamp, LED luminaires, LED streetlights
Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...
Tags: auto market, SUVs
Nora Lighting recently donated nearly 100 lighting fixtures to Habitat for Humanity of Greater Los Angeles “ReStores,” the social enterprise arm of the charitable organization. With more than 800 stores through the U.S. and ...
Tags: Nora Lighting, lighting fixtures
South African food firm Tiger Brands has withdrawn its financial support to its Nigerian arm Dangote Flour Mills (DFM), after it launched a review of its investment in the pasta and flour maker, which is struggling with losses. Tiger ...
Tags: pasta, flour, Flour Mills
iFixit recent teardown of iPod touch 6 revealed the absence of sapphire covered lens, reported Apple Insider. Despite upgrading the rear camera resolution to 8 megapixel, making it more comparable to the iPhone 6, the scratch resilient ...
Tags: Apple, iPod touch 6, Sapphire Covered Lens
Dick's Sporting Goods reported adjusted earnings per share rose 10 percent in the third quarter, coming in at the lower end of its guidance. Same-store sales inched up 0.4 percent. The retailer also lowered its EPS and same-store guidance ...
Tags: Dick, Sporting Goods, athletic footwear
Australian leading walnut producer Webster Limited yesterday announced that a ‘nut set issue’ will likely impact the company’s 2016 crop yield. Although Webster says the impact on the 2016 yield is still being assessed, ...
Tags: Webster, nut, walnut cropS
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market