Bough Lin, chairman of Siliconware Precision Industries (SPIL), has predicted that the semiconductor market is unlikely to return to its seasonal growth pattern until the third quarter of 2015. A seasonal pick-up in demand usually starts ...
Sysco Canada has agreed to acquire foodservice distributor Tannis Trading for an undisclosed amount. Headquartered in Ottawa, Canada, Tannis Trading supplies food products to the food service industry. It offers institutional food ...
Tags: Sysco Canada, foodservice
ThyssenKrupp has opened a new automotive steering components plant in Puebla, Mexico. The facility complements ThyssenKrupp's existing plants that produce components for the automotive industry in Mexico. The company's products include ...
Lenovo Group, the world's largest personal computer maker, is targeting 40 percent of the PC market in China and revenue of $10 billion in the 2015 fiscal year, said Yang Yuanqing, the company's chairman and CEO. Yang said at the Lenovo ...
Revenues for franchise brands, boys and pre-school categories all increased. Hasbro has reported that net revenues for the first quarter 2015 increased five per cent to $713.5 million versus $679.5 million in 2014. Excluding a ...
Kona Brewing Company has announced plans to invest $15mn for expansion of its brewery operations in Hawaii, US. The expansion plans include construction of a new 30,000ft2 brewery that would boost Kona's annual brewing capacity to ...
Tags: Kona Brewing, brewery operations
Take the average corn farm in Illinois. From 2010 to 2013, about $1,000 was a reasonable expectation for gross revenue per acre. Since then, the grain markets have tanked, taking with them a good chunk of that revenue potential to the ...
Tags: Corn Gross, grain markets
TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
Volkswagen has secured a €400m loan from the Export Development Canada (EDC), to facilitate expansion of its operations in southern US and Mexico. The financing will allow the automotive giant to offer business opportunities to small ...
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
BASF has partnered with Guangdong Yinfan Chemistry, to produce automotive refinish coatings and paints in China. Under the partnership, the companies will use BASF's formulas and technologies to produce automotive refinish coatings at ...
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth
In 2014, Spanish apparel brand Mango clocked revenues of €2.01 billion, up 9.3 per cent over 2013, with 82 per cent of sales coming from overseas markets and the rest from Spain. Online turnover now accounts for 9.1 per cent of ...
Tags: Mango, Spanish apparel brand
Akzo Nobel N.V. has reported a solid first quarter with positive developments in all three Business Areas despite a challenging market environment. First quarter operating income increased 42 percent to €306 million, reflecting the ...
Tags: AkzoNobel, Specialty Chemicals
Chinese sports brands plan to invest more in overseas market.Guirenniao Sportswear Co, the Chinese sports apparel maker, hopes to have a tie-up with Best of You Sports SA, also known as BOY, to develop new business opportunities in the ...