Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
Chinese home appliance makers are giving dimensions of reality to the "Internet Plus" strategy championed by Premier Li Keqiang. Slowly but surely, they are pressing ahead with the task of integrating Internet technologies with their ...
First-tier China-based PV module makers have been setting up PERC (passivated emitter and rear cell) solar cell production lines to meet growing demand for high-efficiency PV modules in the China market, with an estimated total annual ...
Tags: Solar Cell, PV modules
Chinese start-up smartphone maker Smartisan has released its higher-end handset, the T2 smartphone, in Beijing. The T2 features a 4.95 inches screen, and the on-off switch has been replaced with a touch button. Tuesday's launch also ...
Tags: Smartisan
Tongtai continues to build sales of aircraft-making machine tools. (Pictured is group chairman, R.X. Yen)The Tongtai Group of Taiwan estimates machine tools for making aircraft parts to rise to account for 10 percent of its revenue by 2016, ...
Tags: Tongtai, aircraft parts, Manufacturing
China's largest rolling stock manufacturer CRRC Corp. has developed a new generation of super graphene capacitors that can power electric buses with higher efficiency and for a longer period. The train maker has produced two types of ...
Tags: New Super Capacitors
Chinese tech companies are making good on President Xi Jinping's promise that China will provide investment and technical support to expand Internet access in developing countries. They are busy advertising international projects and ...
Tags: China's Race
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that affiliates of GaAs Labs LLC has raised its offer to acquire the firm from $0.35 per share in cash (announced on 11 November) to $0.48 ...
US based auto parts maker LKQ has entered into an agreement to acquire Rhiag-Inter Auto Parts for €1.04bn to expand its presence in European market. Rhiag-Inter Auto Parts is pan-European business-to-business distributor of ...
Tags: LKQ, Rhiag-Inter Auto Parts, Auto
A listed Chinese herbal medicine maker on Thursday said its compound flu formula has received approval from the U.S. Food and Drug Administration (FDA) for clinical tests. The decision has paved the way for Chinese herbal medicine to ...
Tags: Chinese Herbal Medicine, FDA
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has received multiple orders from a leading foundry in Asia for its Precision Surface Processing (PSP) WaferStorm system (a platform that provides ...
Tags: Veeco Wet processing, Veeco Instruments Inc, Electronics
Luxury car maker BMW's China Automotive Trading is going to recall Mini Cooper models in the country due to concerns over a fault with the power steering system. The recall will involve at least 620 vehicles sold on the Chinese mainland ...
Tags: BMW, Mini Coopers
Uber has announced a partnership with a major Chinese auto maker. The San Francisco-based company says it will work with Guangzhou Automobile Group in areas including investment, sales, marketing and promoting new energy vehicles. Terms ...
Tags: Uber, Guangzhou Automobile Group
Pride Manufacturing Corp., a leading manufacturer of golf cleat systems, golf tees and related consumable golf accessories and wood products, has been sold to Medalist Corp., the maker of golf club components and other sporting goods. ...
Tags: Pride Manufacturing Corp, golf cleat systems, Sporting Goods