After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...
China-based solar-grade polysilicon maker Tebian Electric Apparatus had net profit of CNY1.811 billion (US$294 million) for 2014 hiking on year by 31.49%, while fellow maker Daqo New Energy saw operations swing from net loss of US$70.9 ...
Demand for all types of lighting products in the Japan market in 2015 is estimated at a total value of JPY646 billion (US$5.39 billion) and LED lighting will account for 78.6% (penetration), according to Digitimes Research. Viewing that ...
Tags: LED Lighting, LED high bay lamps
Johnson Controls and Yanfeng Automotive Trim Systems have agreed to form a joint venture (JV) to supply automotive interiors. Named Yanfeng Automotive Interiors, the JV is said to become the largest automotive interiors company in the ...
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
ThyssenKrupp has reportedly approached BNP Paribas to find a suitable buyer for its automotive contract assembly business. The automotive systems unit produces axle systems for car makers, It generates revenues of around €1bn. ...
Tags: ThyssenKrupp, Automotive
Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
Scientech has reported March consolidated revenues increased 69.3% sequentially to NT$313 million (US$10 million). Scientech's cumulative 2015 revenues through March reached NT$671 million, rising 22.5% from a year ago. Sales of ...
SemiLEDs, a developer and manufacturer of LED chips and LED components, announced its revenues for the second quarter of fiscal 2015 were US$4.6 million, a 56% increase compared to US$2.9 million in the first quarter of fiscal 2015. GAAP ...
Tags: SemiLEDs, LED chips, LED components
LED chip maker Tyntek has reported gross margin of 21.8% for the first quarter of 2015, the highest quarterly level in the past 10 years. Tyntek posted consolidated revenues of NT$861 million (US$27.3 million), pre-tax profit of NT$99 ...
Tags: LED chip, Tyntek, communication devices
The LED industry is now fully embracing the fast-growing lighting market as (based on revenues) LED lighting has become the largest sector among LED applications, surpassing LCD backlighting in 2014, and is expected to be the major driver ...
Tags: LEDs MOCVD, LED Chip
A recent study by ASSOCHAM-Deloitte has found that e-commerce encompassing an increasing range of economic activities such as retail, travel, tourism, food and beverages, has emerged as India’s new sunrise industry and is set to notch ...
Tags: E-Commerce, Sun-Rise Industry, home markets
There is neither doubt nor dispute that the last financial year tested the grit and resourcefulness of the packaging industry. Tetra Pak achieved a 1.7% in sales nonetheless. Tetra Pak’s ‘challenging year’, the ...
Tags: Tetra Pak, packaging industry
Lite-On Technology has reported revenues of NT$18.19 billion (US$585.73 million) for March, up 26% sequentially and unchanged from a year earlier. Revenues for the first quarter of 2015 totaled NT$51.55 billion, or at the same level of a ...
Tags: Lite-on Technology, LED lighting
The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion