The enterprise wearable market is experiencing a shift from wrist-worn devices to body- and head-worn wearables. ABI Research forecasts enterprise wearable shipments will grow from 30 million shipments in 2016 to nearly 147 million in 2021 ...
Tags: wearable market, VR headsets
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
On december 16, Dongfeng Commercial Vehicle Company held 2017 Distributors Conference in Wuhan. In the conference, Dongfeng increased the target of market share to 15%. In terms of the target, Dongfeng has four upgrade of all the series ...
Tags: Dongfeng
UK-based Route 1 Print has installed Friedheim International’s two Palamides Alpha 500plus mobile stacking machines. The installation is part of Route 1 Print’s efforts to continue its investment program. The firm intends to ...
Tags: Route 1 Print, Packaging
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
CTI Industries, a manufacturer and marketer of foil balloons, vacuum sealing systems, latex balloons, printed and laminated films, and home organization products, will purchase two new foil balloon converting machines. The machines are on ...
Tags: CTI Industries, foil balloons
Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...
Tags: Greener Energy, clean energy
Sazerac has acquired the Popcorn Sutton Distillery in Newport, Tennessee, for an undisclosed sum. The acquisition allows Sazerac to enter Tennessee whisky market. In an interview to Mail Online, Sazerac’s spokeswoman Amy Preske ...
Tags: whisky, whisky market
London-based print specialist Kingswood iOptus augmented its wide-format digital print offering with the purchase of an EFI VUTEk GS3250LX Pro LED superwide-format printer and an EFI H1625 LED wideformat printer. Each complements the ...
Videojet Technologies has introduced new 100W fiber laser marking system for high-speed beverage, pharmaceutical and extrusion manufacturers. The new Videojet 7610 fiber laser marking system has been developed to be used for marking ...
Tags: Videojet, Laser Marking System
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
A new study by Technavio has revealed that increase in demand for craft beers will boost the beer market in Europe through 2020. Europe's beer market is anticipated to increase at a steady compound annual growth rate (CAGR) of over 1% ...
Tags: Craft Beer, Beer
Canadian industrial technology firm EnWave has bagged a contract from Bonduelle to increase the productivity of the latter’s 120kW Radiant Energy Vacuum (REV) machinery. Bonduelle is a French based global processor of frozen ...
Tags: Energy Vacuum, REV Machiney
The ranking list of Guangxi Top 100 Innovation Enterprises was issued recently. As the first list for regional innovation enterprises issued by China, it comprehensively considers the innovation capability of Guangxi enterprises through ...
Tags: Yuchai Machinery, diesel engine