With a GDP of over RMB 60 trillion, China's economy has again achieved a more than seven percent growth, which can't be equaled elsewhere in the world. Also, 100 of the world's latest top 500 companies are from China. Do these facts leave ...
Tags: Salary, job, China's job market
A poster of the fantasy movie Monster Hunt [File photo] The Chinese film industry has experienced new highs this year, with several breakthrough domestic works proving hits across the country and breaking the box office records time after ...
Since the beginning of the year, the Ministry of Commerce has been sticking to the keynote of seeking progress in stability, adapting to the new normal of economic development actively, and following the goals of “stabilizing the ...
Tags: Foreign Investment, scale, speed, quality
On November 2, the official of the Foreign Assistance Department of the Ministry of Commerce made comments on the emergency aid materials provided by the Chinese government to Afghanistan for combating the earthquake. On October 26, a ...
The LED industry has seen bulb prices nose-dive in recent years. When Walmart sold its 60W LED bulb two years ago for under $9, it was considered at the time an “aggressive pricing strategy.” But the same GE 60W LED bulb prices ...
Tags: LED bulbs, smart lighting, lower pricing
LEd Display industry in China started in the early 1990s. And it developed rapidly and steadily all the time. Since entering the 21st century, it made growth of 15-20% every year. In 2014, China’s LED display industry maintained ...
Tags: LED Display, LED Screen, Chipshow
Moderate economic growth in 2015 has become the “new norm” for the stabilizing Chinese economy. With the Chinese government introducing industry restructures, explosive economic growth has become history. Gone are the good days ...
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market
A small Chinese LED manufacturer Zhongshan Sover Lighting Company (Sover) patent infringement plaintiff filed against four leading industry players in China has been compared to as the battle between an ant and the elephant. Many company ...
Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly. The lighting industry is entering a ...
Tags: Opple Lighting, OEM models, LED lighting
Chinese LED manufacturer Mason Technologies intends to acquire OML Technology for RMB 30 million (US $4.8 million). According to Mason Technologies, about RMB 28.2 million will be used to increase capital, while RMB 27.1 million will be ...
Tags: Mason Technologies, OML Technology, lighting
Aucksun’s financial statement for first half of 2015 revealed, the company’s revenue rose 9.73% from a year earlier in 2Q15 to RMB 732 million (US$ 126 million), with RMB 137 million net profit, translating into 31.27% ...
Tags: Aucksun, LED lighting, LED chips
Chinese LED manufacturer Honglitronic recently announced the company will release 300 million non-public offering shares to raise RMB 725 million (US $116 million). The purposes of this round of financing is mainly for the construction of ...
Tags: Honglitronic, LED packaging products, automobile lighting
In October, China purchased a fleet of firefighting vehicles with a total value of 294 million RMB, sanitation vehicles with a total value of 219 million RMB, and special vehicle with a total value of 119 million RMB. It is also mentioning ...
Tags: firefighting vehicles, sanitation vehicles, special vehicles
Chinese LED manufacturers Auckson Opto and Unilumen financial results in 2Q15 was polarize. Auckson net profits plummeted, in stark contrast Unilumen’s revenues nearly doubled, reported Chinese-language report Security Times. ...
Tags: Auckson, LED products, LED displays