Ride-hailing company Lyft has reportedly raised $500m in a new round of funding that valued the company at about $7.5bn. Uber's rival has been trying to raise investment for some time to enter new markets. In the first quarter of this ...
Tags: Lyft, Ride-hailing
The McLaren F1 team has revealed it will be 3D printing “race-ready” parts at next weekend’s Bahrain Grand Prix. In a first for the world’s most illustrious motorsport, McLaren Racing says it’ll have an ...
The hustle and bustle of Hong Kong makes this city alive, and the same energy and excitement is clearly felt at the Hong Kong Lighting Fair 2017. Here are some of the highlights and booming trends that LEDinside observed. LED Filament ...
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
In view of fast growing demand for LED automotive lighting in the China market, some Taiwan-based LED packaging service providers and LED automotive lighting module makers have been competing for orders there, according to industry sources. ...
Tags: LED packaging, LED devices
Apple is supposedly planning to release a new generation of the Apple Watch later this year. According to a report by industry news site Digitimes, Apple is working with suppliers to release the “upcoming next-generation Apple ...
Tags: Apple Watch 3, Apple
US-based PPG has opened a nearly $3m expansion for packaging coatings manufacturing at its Oak Creek facility in Wisconsin. As part of the expansion project, the firm added a new 3,300ft² facility to produce food-can coatings to help ...
Tags: PPG, packaging coatings
Print solutions provider, Kodak has launched a new Flexo Packaging Technology Center in Shanghai, China. The center is intended to allow customers and others from the print industry to see and discuss demonstrations of the Kodak Flexcel ...
Tags: Kodak, Flexo Packaging
Ford Motor has announced to launch Mondeo Energi vehicle in China next year, as part of its new electrification strategy for the country. Mondeo Energi will be Ford’s first plug-in hybrid to be manufactured by Changan Ford joint ...
Tags: Ford Motor, Plug-in Hybrid
Despite seeing an on-year drop of 11.2% to achieve consolidated revenues of NT$893.98 billion (US$29.59 billion) in 2016, Quanta Computer still managed to become profitable with profits reaching NT$46.59 billion, up 0.4%, on gross margins ...
China reported growth in both import and export of toys in 2016, which fortified the country's status as a major manufacturer and consumer of toys, a report published Thursday said. Last year, China exported toys valued at 33.7 billion ...
Tags: toy, Light Industry
Compal Electronics expects to ship 40 million notebooks and desktops in 2017, growing 10% on year, company president Ray Chen said at a March 28 investors conference. PC shipments in first-quarter 2017 will decrease 15% sequentially and ...
Tags: Compal Electronics, desktops
China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...
Tags: Oil Product, Crude Oil
Swiss specialty chemicals firm Clariant is strengthening its collaboration with Gettel High-Tech Materials on biaxially oriented polypropylene (BOPP) manufacturing in China. The companies will jointly promote additives and liquid feeding ...
Tags: chemicals, High-Tech Materials
New Zealand exporters will soon be allowed to send chilled meat to China under a new agreement signed by the two countries. Significant revenues are expected to be made by the New Zealand meat sector following a Memorandum of Cooperation ...
Tags: chilled meat, frozen meat