To cope with increasing price competition in the blue LED segment, Taiwan-based LED packaging firms are shifting the focus of their production to infrared (IR) and sensing devices, reports Digitimes. China’s largest LED packaging ...
Tags: LED market, LED chips
OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...
Tags: OptiGroup, industrial packaging
Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...
Tags: Tokyo Motor Show, Daimler
Mahindra Automotive North America (MANA) has inaugurated a new North American headquarters and manufacturing facility, the first such new OEM facility in Southeast Michigan in over 25 years. The expansion is part of a $230 million ...
Tags: off-highway vehicle
© Semiconductor Today Magazine / Juno Publishing The ultraviolet light-emitting diode (UV LED) market is growing at a compound annual growth rate (CAGR) of 24.8% from $178.4m in 2016 to $1311.7m by 2025, reckons market research firm ...
Tags: UV LEDs, LED market
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack
Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
UPM Raflatac is launching a new visual sample book to showcase its premium label materials for wine, spirits, and craft beverages. Designed in collaboration with a team from SGA Corporate & Packaging Design led by chief designer Giacomo ...
Flint Group has increased the prices of its packaging inks products due to incremental cost escalation forces. Further to announcements made in March 2017, it has become clear that the raw material markets for many components within Flint ...
Tags: Flint Group, Packaging Inks
Molson Coors UK and Ireland has entered into a partnership deal with China Resources Snow Beer (CRSB), which gives the brand exclusive rights to distribute Snow beer to the UK market. As per the agreement, Molson Coors UK will have the ...
Tags: Molson Coors, Beer
Covestro is committed to continually improving the performance and safety of its products and setting new standards in industrial hygiene. Responsible handling of chemical substances has always been necessary for avoiding health risks. ...
Tags: Covestro, Adhesive Raw Materials
Infiniti has unveiled its new 2019 QX50 mid-size crossover, which is built on an all-new platform, featuring a front-engine, front-wheel-drive-based layout. The engineering design of the vehicle offers new standards of refinement and ...
Tags: Infiniti, Los Angeles Auto Show
Flint Group has opened a new facility in the cosmopolitan district of Beylikduzu, in Istanbul, Turkey for its packaging division. Located 13km from the main container terminal on the European side of Turkey, the new 3800m² Beylikduzu ...
Tags: Flint Group, packaging
The China LED lighting market will exceed $24bn by end 2024, forecasts Renub Research in a new report. Escalating urbanization, price cuts and local energy savings targets are making the technology more tempting. China’s lighting ...
Tags: LED market, LED lighting