In line with the Financial Results for the first half of 2013 HC SemiTek recently released, its total revenue is 112 million Yuan, decrease of 40.42 percent compared to the same period of last year. The net profit attributable to ...
The oversupply of LED die still exists; however, the demand for LED lighting fixture is expected to achieve explosive growth in next year under the great support of lighting equipment factories in the mainland China, highly anticipated next ...
Tags: Epistar, LED Lighting
I-Chiun's shipments of backlight modules used in direct-type LED TVs were down in May 2013 largely due to a slowdown in TV demand in the China market, according to industry sources. Shipments reached between 600,000-700,000 units in May, ...
Tags: LED TV, Backlight Module
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
US investment banking and securities firm Goldman Sachs Group has disposed of its 75% stake in the Bermuda-based insurance and reinsurance company Ariel Re, for an undisclosed sum. Sources familiar with the matter were quoted by the ...
Tags: investment banking, stake, insurance
Indian automobile manufacturer Mahindra & Mahindra (M&M) is planning to invest about KRW80bn ($74m) in its South Korean subsidiary SsangYong Motor (SMC) to secure investment funds. SsangYong Motor has approved a third party allotment to ...
Tags: automobile manufacturer, Mahindra&Mahindra, SsangYong Motor
Egypt's largest steel producer EZZ Steel has denied media reports suggesting that the company is planning a capital increase to finance its direct reduced iron (DRI) project in Suez, underscoring that the project will continue to receive ...
Tags: EZZ Steel, steel producer, Suez DRI plant
Rabee Securities Iraq Stock Exchange (ISX) market report Please click here to download a table of listed companies and their associated ticker codes. ID1,580 / $1,709 (-2.1%) (weekly change). The number of week traded shares was ...
Tags: Iraq, Stock Market, Report
Reportedly ArcelorMittal has planned to merge ThyssenKrupp's world-class plant in southern US state of Alabama. Mr.Mittal was asked with analysts about the possible deal after ArcelorMittal unveiled plans for a capital increase worth ...
Tags: ArcelorMittal, Alabama, ThyssenKrupp, US
Reuters reported that General Motors and PSA Peugeot Citroen scrapped plans for a joint mid size car program, narrowing the scope for vehicle sharing within their nascent alliance while adding engine cooperation. The automakers in a ...
Tags: General Motors, PSA Peugeot Citroen, plans, car program
Kobe Steel Ltd announced that Shinko Wire Company, Ltd and Suncall Corporation will take equity stakes in its 100% owned steel wire company in China, Kobelco Spring Wire (Foshan) Co Ltd The equity stakes will enable Kobe Wire and Suncall ...
Tags: Kobe Steel, Steel, Shinko Wire Company, Wire
Pfleiderer AG filed an insolvency plan with the Düsseldorf District Court on 3 August 2012. Drafted in recent months, the plan indicates that original capital measures will take effect after all with a number of changes. These measures ...
Tags: Pfleiderer AG, nsolvency, Düsseldorf, plan
Medical technology company MagForce is planning to raise approximately€33.5m as part of its restructuring plan to safeguard its long-term existence. Under the restructuring plan approved the company's Supervisory Board,MagForce's ...
Lenzing AG, global market leader in the production of man-made cellulose fibers, has successfully issued and placed a German Private Placement (Schuldschein) to the amount of EUR 200 mn (senior debt, unsecured) on the debt capital market. ...
Tags: Lenzing AG, cellulose fiber, debt capital market, transaction
Brazilian iron ore mining company MMX SA announced that on December 3rd,the Board of directors of MMX approved a capital increase of approximately BRL 1.4 billion,upon private subscription of new common,registered,book entry shares of no ...
Tags: MMX SA, iron ore mining, capital increase