Tecno, the historic brand founded in the 1950s by the Borsani brothers and led by Giuliano Mosconi since 2010, acquires a majority stake in Zanotta, one of Italian design’s most well-loved and important companies since the 1950s. ...
Tags: Tecno, office furniture
Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment ...
Tags: Industrial Robot, Robot
Swedish furniture brand IKEA is set to innovate its way further into the design world with a micro-festival opening during Salone del Mobile in Milan from April 4 to 9. After partnering up with Ilse Crawford, Form Us With Love, Tom Dixon ...
The Chinese market has started to hold bids for power plants in February. Judging from the winning prices, modules prices have declined. The winning price for 5MW of Hanwha’s 280W mono-Si modules reached RMB 2.91/W (US$ 0.362/W) and ...
Tags: multi-Si wafers, polysilicon
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
The toy firm revealed the news in its 2016 year-end earnings report. Hasbro has revealed plans to cut its gender categories in all of its future revenue reports. The company detailed the decision within its 2016 year-end earnings ...
Tags: Hasbro, emerging brands
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Daimler and Uber have entered into an agreement with an intent to cooperate on the supply and operation of autonomous vehicles. Under the terms of the cooperation Daimler plans to introduce self-driving vehicles also on Uber’s ...
Tags: Daimler, Self-Driving Vehicles
General Motors (GM) and Honda are investing $85m each into a joint venture (JV) that intends to start mass production of hydrogen fuel cells by 2020. The JV, Fuel Cell System Manufacturing, will operate within GM's existing battery pack ...
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
Swedish start-up Ximantis has entered into the autonomous vehicles and Advanced Driver Assistance Systems (ADAS) software platform, with its Stochastic Re-construction module. This module, in direct communication with the vehicle's ...
Sports car maker McLaren Automotive is building a £50m chassis factory in South Yorkshire, UK, creating 200 jobs. The facility will be built at the University of Sheffield's Advanced Manufacturing Research Centre (AMRC) at Catcliffe ...
Tags: McLaren, Sports car
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
The majority of Chinese people believe that home produced products have made great progress over the past decade, according to a survey conducted by China Youth Daily. In the survey of 2000 netizens, 65.1 percent of respondents say mobile ...
Tags: High-Tech Products, mobile phones