Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
IC demand for tablet PCs has been weak prompting more chip suppliers to phase out their tablet-IC businesses, according to sources at Taiwan-based IC design houses. The rising popularity of large-size smartphones has had an adverse impact ...
Tags: Tablet PCs, Smartphones
Coles has reported a $1.78 billion profit before interest and tax for the financial year ended 30 June 2015, up 6.6 per cent on the 2014 financial year. Turnover revenue for Coles was $38.20 billion and return on capital was 11 per ...
Tags: hardware chain, Chemical
In the first six months of this year, Taiwan exported US$10.12 billion of machinery, including US$1.64 billion of machine tools, both of which representing year-to-year decreases, with the total export inching down 0.4 percent and the ...
Tags: machinery exports, machine tools
Wal-Mart Stores, Inc. has announced that it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global e-commerce in Asia, will lead ...
Amazon India, India’s largest online store has tied up with Best Deal TV, India’s first celebrity driven 24x7 home shopping channel. “This first of its kind tie-up gives customers an opportunity to buy a variety of ...
Tags: Amazon India, online shopping, beauty and lifestyle, textile
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
In the 2015/16 season, world cotton imports may recover modestly, increasing 2 per cent to 7.7 million tons with imports outside of China rising by 3 per cent to 6.1 million tons. In 2011/12, Chinese imports more than doubled from the ...
Coles has seen success but there is a lot more hard work ahead according to Managing Director John Durkan. Speaking at a strategy briefing day last week, Durkhan looked back on the wins and losses over the last year for the supermarket. ...
Tags: Coles, in-house brands
Taiwan server players such as Inventec, Mitac International and AIC are optimistic about China's server market and have been accelerating their expansion into the market, while Quanta Computer is reportedly planning to form a deeper ...
Tags: server players, server market
According to the International Cotton Advisory Committee (ICAC), excess cotton stocks held outside China are likely to keep international cotton prices down in 2015-16. Stocks outside China are projected to surge 26 per cent to 9.4 ...
Tags: Cotton Price, Textile
One of the oldest ways to fertilise crops was “slash and burn” agriculture, where tropical forests are intentionally levelled and burned to create open space and nutrients for crops. In the US, this month’s innovation ...
Tags: Low Cost Fertiliser, Fertiliser
French sporting goods retailer Decathlon reported price cuts, a broader selection and omnichannel initiatives helped it post its second highest sales growth in a decade in 2014. At Decathlon France, net sales increased 4.33 percent, ...
Tags: Decathlon, Sporting Goods
Thinking of adding a patio or deck to extend your home's living space? Concrete decks and patios have a well-deserved reputation as being easy on the budget. But their affordability is not their only virtue. Outdoor concrete installations ...
Tags: Concrete Decks, Patios
Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...
Tags: Commodity Imports, raw materials