Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the third quarter and the first nine months of the current year. According to its financial results, Sandvik's net profit for the third ...
US-based Nate's Food is expanding its production capacity to 24 million cans annually, in a move to cater to the increasing demand for its products from grocery stores. The expansion is expected to generate $75m in revenues annually. ...
Tags: Nate's Food, pancake, waffle
India-based Parksons Packaging will be adding two additional Rapida 106 sheetfed offset presses manufactured by Koenig and Bauer (KBA) to their facilities to increase production capacity. Apart from the two current orders, Parksons has ...
China-based LED makers' production capacity expansion in the first half of 2014 has since resulted in oversupply, forcing them to reduce quotes to compete for orders in the fourth quarter. Taiwan-based competitors will follow suit in ...
Retail sales volumes continued to grow in the year to October, with another strong rise expected in the month ahead, according to the CBI. The CBI’s latest monthly Distributive Trades Survey of 124 firms showed a third successive ...
Tags: High Street Sales, Furnishing
For its fiscal first-quarter 2015 (ended 28 September 2014), Cree Inc of Durham, NC, USA has reported revenue of $427.7m, up 9% on $391m a year ago but down 2% on $436.3m last quarter (and below the $440-465m forecasted in mid-August). ...
ABB’s focus on profitable organic growth and the related strategic initiatives resulted in a strong order increase across all regions in the third quarter. Total orders3 rose to $11.2 billion, boosted by large orders (above $15 ...
Tags: ABB, Electronics
For the first nine months of 2014 (to end-September), Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported a 10% drop in revenue year-on-year ...
PV conductive paste maker Giga Solar Materials began shipments of front-side and back-side PV silver pastes in 2013 and expects to ship 240 tonnes of the PV materials in 2014, seven times the volume of 2013 and accounting for about 20% of ...
Tags: conductive paste, Solar Materials
China makers are continuing to slash pricing for camera modules used in smartphones, with pricing expected to drop as much as 15-20% on year during the second half of 2014. Demand for the modules has slowed down in China following ...
Tags: Handset Camera, camera modules, smartphones
LED driver and analog IC maker Silergy expects its sales to remain brisk in the fourth quarter of 2014 after its revenues hit a record high of NT$326 million (US$10.73 million) in September thanks to the release of new IC parts for IoT, ...
Tags: LED Driver, analog IC
Italian manufacturer of weaving machines, spare parts and services, Itema S.p.A said it is exhibiting at IGATEX 2014, which began in Lahore – Pakistan on October 21 and runs through October 24. Itema is taking part in the trade show ...
Tags: weaving, weaving machines
Taiwan's leading machine-tool makers reported strong sales in Q3 this year mostly thanks to increasing demand from China, the United States and European Union. Goodway Machine Corp. had consolidated revenue of NT$1.9 billion (US$64.9 ...
Tags: Machine Tool, Processing Machinery
OSAKA — Japan’s major electronic components producers, such as Murata Manufacturing and TDK, have been handling record-high order volumes, propelled by Apple’s new iPhone. Orders at six major Japanese manufacturers ...
Tags: Japan, Volumes, Electronics
Samsung Electronics will reportedly withdraw from the global LED lighting market due to low-price pressure from China-based makers, while Taiwan-based TSMC Solid State Lighting will reportedly cease operations, according to industry ...
Tags: LED Lighting, Samsung, Lighting