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
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
Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly. The lighting industry is entering a ...
Tags: Opple Lighting, OEM models, LED lighting
Aucksun’s financial statement for first half of 2015 revealed, the company’s revenue rose 9.73% from a year earlier in 2Q15 to RMB 732 million (US$ 126 million), with RMB 137 million net profit, translating into 31.27% ...
Tags: Aucksun, LED lighting, LED chips
Top Taiwanese LED manufacturers Everlight and Epistar revenues for second quarter of 2015 were impacted by trending low LED prices on the market, according to a China Times report. Even though Epistar revenues made a turnaround in second ...
Chinese LED manufacturers Auckson Opto and Unilumen financial results in 2Q15 was polarize. Auckson net profits plummeted, in stark contrast Unilumen’s revenues nearly doubled, reported Chinese-language report Security Times. ...
Tags: Auckson, LED products, LED displays
Up to 80% of the Chinese companies listed on the Over-the-Counter Bulletin board (OTCBB) reported significant revenue growth as of Aug. 3, 2015, according to LEDinside observations. Four LED companies listed on the OTCBB reported an ...
Tags: LED lighting, LED industry
As of Aug. 21, 2015, 14 Chinese manufacturers have released their financial results for the first half of 2015. Some have become more profitable, while others have continued to incur heavy losses. LEDinside takes a closer look into these ...
Chile's CAP Mineria's net profits in the first nine months of the year fell 83% to $17.3 million as lower iron ore prices cut income despite higher shipments and record production, according to results late Friday. The company, the mining ...
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
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 ...
Chinese sapphire maker Aurora announced last week, it would be investing RMB 40 million (US $6.32 million) in a new investment management arm to integrate investments in the sapphire supply chain, according to a report from China Securities ...
Tags: sapphire, Aurora, sapphire ingot
According to the semi-annual report by Dongfeng Motor on 29 Aug.2015, the operation income of this builder adds up to 7.8 billion Yuan RMB, year-on-year growth of 12.95% down in the first half of 2015. During this period, it sells vehicles ...
Tags: Dongfeng Motor, diesel engines
According to the semi-annual report by Dongfeng Motor on 29 Aug.2015, the operation income of this builder adds up to 7.8 billion Yuan RMB, year-on-year growth of 12.95% down in the first half of 2015. During this period, it sells vehicles ...
Tags: Dongfeng Motor, Light Trucks
Xidelang Holdings (XDL), China-based manufacturer of sports and leisure wear, has signed an agreement to acquire the entire existing business and undertakings of Jinjiang Yangsen Garments Company, including all of its assets and certain ...
Tags: sports wear, leisure wear