Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
Wei Ying-chung, a major stakeholder of Ting Hsin International Group, and four other executives were indicted by prosecutors in Taiwan for selling cooking oil that was contaminated with animal feed. If convicted, Ying-chung will face ...
Tags: cooking oil, animal feed, Agriculture
Mondelez International, the maker of Oreo biscuits and Cadbury's chocolate, posted a 11% decline in earnings in the third-quarter of fiscal 2014 compared to the same period a year ago, as a result of weaker revenues and higher expenses. ...
Stronger demand for on-highway markets and distributor acquisitions in North America resulted in a 15-percent increase in revenue year-over-year for Cummins. Cummins reported $4.9 billion in revenue in the third quarter of 2014. Net ...
Tags: on-highway markets, Cummins
China makers are continuing to slash pricing for camera modules used in smartphones, with pricing expected to drop as much as 15-20% on year during the second half of 2014. Demand for the modules has slowed down in China following ...
Tags: Handset Camera, camera modules, smartphones
Low-priced, high-specification handsets are continuing to be focus for handset vendors in China, with Xiaomi, Coolpad and Huawei Device expected to push segment in 2015 in order to combat competition from international vendors. ...
Japanese companies TDK and Toray Industries are streamlining their fund transfers to and from China to cut costs, a move many other businesses are expected to follow now that the Chinese government has eased financial regulations. ...
Tags: TDK, Toray Industries
Consumer goods suppliers continue to report growing business challenges. Yes, money is tight and market conditions are changing. But a new report from Honeywell has found that millions of dollars can be saved by evaluating and improving ...
Tags: Suppliers, Challenges, Packaging
There is no surprise that cost reductions top the high-tech supply chain executives ranking of the three biggest issues or projects for 2014, according to the Annual North American Hi-Tech & Electronics Report from eyefortransport. The ...
Tags: Cost, Electrical, Electronics
Routine street lighting maintenance has been axed in Derbyshire, following huge budget cuts. Derbyshire County Council said it can only afford to replace 12,000 street lights in the next financial year, following a £775,000 cut to ...
Tags: Street Lights, Lights, Lighting
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has introduced the Apex Gas Mixing System for point-of-use gas mixing. The system generates precise binary gas mixtures on a single platform for ...
Tags: Gas Mixing System, Veeco
Alcatel-Lucent's revenue remained flat during the first quarter, although the company made a smaller loss than a year earlier. Sales for the quarter totalled €3.1 billion (US$4.29 billion as of 31 March, the last day of the period ...
Tags: Computer Products, Cellphone, IT
Indian steelmaker Essar Steel has announced that it is merging its steel processing center and distribution unit with Essar Hypermart, its retail chain for steel, in order to cut costs, expand its business reach and deliver products to ...
Tags: Essar Steel, steelmaker
Multi-touch Technology: Intuitive Functionality Advances AutomationRichard Clark, Product Manager, InduSoft Multi-touch HMI takes HMI visualization to the next level to improve performance, enhance safety, and cut costs. Most industrial ...
Tags: Industrial Equipment, Components