Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
Molson Coors UK and Ireland has entered into a partnership deal with China Resources Snow Beer (CRSB), which gives the brand exclusive rights to distribute Snow beer to the UK market. As per the agreement, Molson Coors UK will have the ...
Tags: Molson Coors, Beer
Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has received an order for multiple AIX 2800G4-TM MOCVD cluster tools from Chinese optoelectronic manufacturer Xiamen Changelight Co Ltd to expand its production ...
Tags: LED Capacity, cluster tools
SPTS Technologies Ltd of Newport, Wales, UK (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has won an ...
Tags: SPTS, GaN-on-SiC, LED
Toyota Motor Corporation (Toyota) announced that it will roll out an electric vehicle under the Toyota brand in the Chinese market in 2020, and that the scope of a fuel-cell vehicle feasibility study will be expanded to cover commercial ...
Tags: Toyota Motor, electric vehicle
German automaker Volkswagen is planning to invest more than €10bn by 2025 for the development and production of electric cars and plug-in hybrid cars in China. The investment will be made by Volkswagen Group China and its joint ...
Tags: Volkswagen, Electric Cars
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
A consortium of Chinese investors, which includes Changchun Lianxin Investment Consulting and Shanghai Ground Food Tech, has acquired Brownes Dairy through Australia Zhiran. Brownes was sold by its current owner Archer Capital, a private ...
Tags: dairy products, milk
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
Total global LED chip production capacity has entered a new peak expansionary phase in 2017, according to the latest LED market supply and demand analysis by LEDinside (a division of TrendForce). This recent surge of capacity expansion has ...
Tags: LED market, LED Chip
The high-brightness LED market will rise at a compound annual growth rate (CAGR) of 10% during 2016-2023, forecasts Occams Business Research and Consulting in its report ‘Global High Brightness LED Market Research Report Insights, ...
Tags: LED market, LED components
After narrowly missing out on entering IHS Markit’s top 10 for 2016 and first-quarter 2017, Nationstar (whose primary markets are lighting and signage) has broken into the top-10 ranking for packaged LED firms for Q2/2017, according ...
Tags: LED market, Packaged LED