Medtronic has seen its fair share of bad patent news of late. Last year, the company agreed to pony up more than $1 billion to settle patent litigation with Edwards Lifesciences. Now, the company stands to lose out on a significant cash ...
Tags: Medtronic, Medical Device
TriLumina Corp of Albuquerque, NM, USA, which provides illumination solutions based on vertical-cavity surface-emitting laser (VCSEL) arrays for automotive laser radar (LiDAR) and sensing platforms, has closed an $8.5m Series A round of ...
After two tough years of stagnation, in 2014 the power semiconductor device market returned to growth, rising by 8.4% to $11.5bn, according to the report 'Status of the Power Electronics Industry (February 2015 edition)' from Yole ...
Tetra Pak’s new automated pasteuriser makes prepared food fast. It switches between hot- and ambient-filled products readily. It moves from one recipe to another with just a push of a button. It can be used for sauces, dressings, ...
Tags: Tetra Pak, Prepared Food
Madura Lifestyle managed premium apparel brand Allen Solly, which has been growing at a CAGR of 34 per cent since the last three years, is eyeing sales of Rs 1,000 crore for the 2015-16 fiscal. According to media reports, Allen Solly ...
Tags: Apparel, Allen Solly
U.S. jewelry and watch sales across all channels fell 1.9 percent year on year to $4.55 billion in January, according to preliminary figures. Data revealed that jewelry sales fell 1.6 percent to $4 billion, while sales of watches ...
For full-year 2014, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $508.2m, up 10.7% on $459m for 2013. 5N Plus provides purified metals such as bismuth, gallium, ...
Tags: 5N Plus, Commodity Pricing
For the fourth fiscal quarter ended January 31, 2015, Wal-Mart Stores, Inc, the biggest global retailer posted a 1.4 per cent year over year hike in consolidated net sales. Consolidated net sales for the fourth quarter amounted to $130.7 ...
Tags: Wal-Mart, e-commerce
According to new data from IDC, large format printer (LFP) shipments grew 3.5% in 2014 when compared to 2013 while revenues declined by less than 1%. Product mix changes and some very aggressive price promotions were responsible for the ...
Tags: Large Format Printer, Printer
Global smartphone revenue grew 20% year-on-year to a record $115bn in fourth-quarter 2014 as unit sales rose 19% to almost 346 million (totalling over 1.2bn in full-year 2014), according to market research firm GfK. In Q4/2014, all ...
Tags: Smartphone shipments, Smartphone
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2014 of $392.9m, up 18% on $331.7m in 2013. Fourth-quarter 2014 revenue was $113.6m, up 22% on $93.3m last ...
Whereas 2014 was a challenging year for lighting products (with most traditional technology suppliers reporting declining quarterly revenues for lamps and luminaires), many LED-only manufacturers saw their revenues rise, says market ...
Tags: LED Lighting, Traditional Lighting
The global nanocoatings market revenue is expected to reach USD 8.17 billion by 2020, according to a new study by Grand View Research, Inc. Nanocoatings are being extensively used as a substitute to conventional polymer coatings in ...
Tags: Nanocoatings, Medical application
Chinese chocolate market would see a $4.3bn growth by 2019, a 60% increase from $2.7bn in 2014, says chocolate manufacturer Hershey. Hershey president Bert Alfonso told Reuters that the growth will be driven by demand from the growing ...
Tags: Chocolate Market, Chocolate
Australian drinks company Coca-Cola Amatil Ltd’s underlying profit declined by a quarter (25.3%) to AUD375.5m ($292.8m) in the 12 months ending December due to drop in volumes of soft drinks. The firm's core brands saw dip in sales ...