The latest quarterly Online Retail Report from eWAY has revealed Sydneysiders are now the biggest online spenders in Australia, overtaking Melbourne by 5.7 per cent, and spending more than double the amount per transaction. According to ...
Tags: online spenders, Sydneysiders
The global market for laser materials processing systems reached a volume of US$ 11.6 billion in 2014. According to a preliminary analysis of 2014 data produced by Optech Consulting, based in Taegerwilen, Switzerland, that figure is up 8% ...
Tags: laser systems, fiber lasers, semiconductors
For third-quarter 2015, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $140.7m, up 51% on $93.3m a year ago although up only 7% on $131.4m last quarter (which was the ...
Tags: LED market, LCD TVs
On May 1, the Communication Meeting between the Import Exhibition Area of the Canton Fair and Guangdong Free Trade Zone was held in the Exhibition Hall of the Canton Fair. The meeting was attended by officials from the Consulates of ...
Tags: Guangdong Free Trade Zone, the high-end loudspeaker, beer, milk powder
China's economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics (NBS) announced on Monday. In the first three quarters of the ...
Tags: China's GDP, interest rate
As the Inventor and Manufacturer of the world’s most advanced LED Light Engines, Global Tech LED announced today it has filed a lawsuit against Hilumz USA and other entities for infringement of one its patents entitled “LED ...
Tags: LED bulb, patent infringement lawsuit, Gkibak TechHilmuz
The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
IIC-Intersport International Corporation has signed a license agreement for the territory of Ukraine with Epicentr K. This agreement exclusively allows Epicentr K to open Intersport stores in Ukraine, sell Intersport’s private label ...
Tags: IIC-Intersport, Epicentr K, sporting
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...
Tags: foreign exchange, Gap, Currency Impact
For second-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $7.1m, down 51% on $14.5m a ...
Tags: Mobile Market, LED light, LED bulb
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC