Apple’s developments in the market are a hot topic in the technology industry, market rumors that next generation iPhones would be using OLED displays ushered in a large wave of investments in the sector in China. OLED, which was a ...
China's Baosteel Group will have dual headquarters following its merger with smaller rival Wuhan Iron and Steel (Group) Corp, according to Shanghai-based newspaper The Paper. The newly merged steel giant will have headquarters in both ...
AptarGroup has announced quarter results for this year. Third quarter results For the quarter ended September 30, 2016, reported sales increased 1% to $590 million from $586 million a year ago. Excluding the negative impact from changes ...
Tags: AptarGroup, Packaging
Krones, a manufacturer of filling and packaging technology, continued its stable growth in the first three quarters of 2016. Despite economic uncertainties and intense competition, revenue improved 4.8% year-on-year from €2,270.7 ...
The growth of power use in China, a key barometer of economic activity, continued to accelerate in the first ten months due to more consumption by the service sector, official data showed Friday. Power consumption grew 4.8 percent year on ...
Jiangxi Luye Auto Lighting launched the first automotive lighting LED module plant in Nanchang Optical Valley in China, reported Xinhua. The LED automotive module manufacturing facility values RMB 500 million (US $72.97 million) in total, ...
Tags: Auto Lighting, LED Lighting
Hyundai Motor has unveiled plans to construct a hub for big data at the Guian New Area – China’s national epicenter for big data. Starting operations in June 2017, the new facility will be Hyundai Motor’s first overseas ...
Tags: Hyundai Motor, Big Data Center
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Startbucks has introduced Nitro Cold Brew at the China World Trade Centre Starbucks store in Beijing. This is the first locaion in China and outside of US and Canada where Nitro Cold Brew was introduced. The introduction of Nitro Cold ...
Tags: Starbucks, Nitro Cold Brew
After being steady for two consecutive months, prices of LED light bulbs began to drop noticeably in China during October, according to LEDinside, a division of TrendForce. Branded light bulb vendors operating in the Chinese market begin ...
Tags: LED Light Bulbs, LED Light
Australian packaging company Amcor has acquired China-based Hebei Qite Packing for around RMB185m ($28m). The acquisition will allow Amcor to expand its flexible packaging operations in the Northern China region. Hebei Qite, which ...
Denmark’s food processing firm Danish Crown is planning to setup a processing and retail product facility in Shanghai, China as part of its 2021 strategy. The company plans to invest about DKK300m ($43.9m) for the plant, which will ...
Tags: Danish Crown, Processing Facility
Irish dairy products firm Ornua has announced to invest €10m to expand its Neukirchen-Vluyn, production facility in Germany. The investment is aimed at meeting the growing demand for its Kerrygold products in Germany. The expansion ...
Tags: dairy products, German Facility