PepsiCo has announced plans to open its sixth manufacturing plant in China, in a bid to drive its growth in the market. The facility in the province of Wuhan has the capacity to produce 15,000 tonnes of Lay's branded potato chips ...
Tags: manufacturing plant, Pepsico, Food Manufacturing, foods facility
Engineering, electronics and high-tech giant Siemens AG of Munich, Germany has announced its intention to spin-off 80.5% of its subsidiary Osram (the world's second biggest lighting manufacturer, whose subsidiary Osram Opto Semiconductors ...
Tags: Siemens, Osram, approval, transaction, massive reshuffle
Siemens has announced its intention to spin-off 80.5% of its subsidiary Osram. The plan requires approval of at least three-quarters of voters at Siemens’ Annual Shareholders' Meeting on 23 January. If approved, the transaction ...
Tags: Europe Osram, Siemens, LED assembly plant, transaction
New facility is largest abroad investment on a semiconductor facility South Korean technology giant Samsung has begun the construction of $7bn memory chips manufacturing facility in North Western China's Xi'an region. Being ...
Generational use of spas, the overall impact of spas on hotels and the increasing significance of the male spa -goer are among key topics discussed in "Emerging Global Spa Trends," a new Hilton Hotels & Resorts released by Hilton Hotels & ...
Tags: Eforea, Eforea spa, Hilton, Hilton Hotels&Resorts, Hilton spa, luxury spa
PPR group is increasing its portfolio of luxury brands in the jewellery segment and its presence on the Chinese market by acquiring a majority stake in the Chinese fine jewellery brand Qeelin.The transaction should be finalized in January ...
Tags: PPR group, jewellery segment, luxury brands, Qeelin
Rosneft President Igor Sechin Tuesday met Chinese Vice Premier Wang Qishan to discuss the terms of an intergovernmental agreement to build and operate a refining and petrochemical complex in China's Tianjin, the state-owned Russian oil ...
Tags: intergovernmental agreement, refining and petrochemical complex
German producer of rigid films Kl ckner Pentaplast Group is all set to add to its global production capacity in Asia, the US and Europe with an investment of $51.8m. The expansion includes facilities in Suzhou, China; Cotia, Brazil; and ...
Tags: Film Capacity, shrink-label films, packaging applications
Given the accelerated transformation of the lighting market to semiconductor based products, Osram is pushing forward the entered path of its corporate reorganization. The company had already initiated a comprehensive corporate program in ...
Tags: LED, Osram, lighting, semiconductor based, lighting sector
British luxury car manufacturer Jaguar Land Rover and Chinese automaker Chery Automobile have begun construction on a new manufacturing facility, as part of a CNY 10.9bn ($1.73bn) joint venture (JV) project, in east China's Jiangsu ...
Tags: luxury car, Jaguar Land Rover, Chery Automobile, joint venture
French carmaker Renault has signed a framework agreement with China's Dongfeng Motor Group to produce cars, including electric car and SUV, in the country by 2014. The deal is expected to be concluded by the end of this year and provide ...
Tags: Renault, ctric car, SUV, Nissan Motor
Italian sports car manufacturer Lamborghini has recalled certain model year 2004 - 2006 Gallardo Coupe and Spyder vehicles due to fire risks. The recall affects about 1500 Gallardo Coupe and Spyder autos which were built from May 2003 ...
Tags: sports car, Spyder vehicles, Gallardo Coupe, recallling, fire risks
German sports car manufacturer Porsche has reported 12.6% rise in its vehicle sales during September 2012 to 11,888 vehicles compared to the same month in 2011. From January to September 2012, the company's worldwide sales increased 14.7% ...
Tags: sports car, Porsche, vehicle sales, Sales up
French carmaker Renault has unveiled its new Talisman sedan at the 2012 Beijing auto show being held in China. The new sedan will be offered with V6 engine in 2.5 litre and 3.5 litre displacements. The 2.5 litre engine will generate ...
IDG News Service-Nokia said its new Lumia 620 handset is its most affordable Windows Phone 8 smartphone yet,priced$249 when bought without a contract. In addition to the Lumia 620,Nokia also announced its first Windows Phone handset for ...
Tags: Nokia, Lumia 620, Windows Phone