Japanese automotive giant Toyota may shelve its plan to promote its luxury Lexus brand in China, thanks to slowdown in the country’s automobile sector coupled with a weaker yen. With China's automobile market registering a growth ...
Tags: automobile manufacture, Toyota, car promotion, Lexus
Prices for mobile DRAM memory are set to fall substantially due to excess smartphone inventory, according to sources at memory makers. Disappointing smartphone sales have led to high levels of inventory in the supply chain, said the ...
Tags: mobile DRAM, smartphone
Although many brand vendors have launched wearable products, orders for wearable devices may not be sufficient to drive growth for related component suppliers. The vendors have many different devices and each of them needs only a small ...
Tags: Wearable Devices, Smartphone, Mobile Device
Falling product ASPs and gross margins are set to erode Taiwan's fabless IC firms' profitability in 2015, according to industry sources. Foundry chipmakers have seen their production capacities stay loose thus far in 2015, said the ...
Tags: fabless IC, IC industry
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
China's net imports of LPG fell to 729,789 mt in May after rising for four months in a row. The imports fell 23% from 944,603 mt in April, data released Thursday by the General Administration of Customs showed. Net imports of LPG, ...
Tags: LPG Imports, Net butane
The Presidents’ Meeting that took place in Tel Aviv this week highlighted five challenges facing the diamond industry, but the issue of profitability was the most pressing. Constituents of the World Federation of Diamond Bourses ...
Tags: diamond industry, mining
Richard Eden, senior analyst (Power Semiconductors) at market research firm IHS Technology, attended the recent PCIM (Power Conversion Intelligent Motion) Europe 2015 tradeshow in Nuremberg, Germany (19-21 May), and in a Research Note has ...
Tags: GaN SiC, Power electronics
Chinese shares rose to the highest level in seven years in volatile trade as bets that MSCI Inc will include mainland shares in its indexes overshadowed weaker shipments data. The ChiNext index of smaller and startup companies tumbled 4.67 ...
World demand for silicones is forecast to rise 5.7 percent per year to $19.3 billion in 2019. The pace of growth in value terms will be in line with that seen over the 2009-2014 period, largely due to an improved outlook for silicone ...
Tags: Silicones, World Demand
For the first quarter of 2015, orders received by the Italian textile machinery manufacturers grew 8 per cent over the same period of the previous year. “This was mainly driven thanks to a positive performance in foreign ...
Tags: Textile Machinery, foreign markets
Intrawest Resorts Holdings, Inc. reported total skier visits increased 26.8 percent in the fiscal third quarter ended March 31 compared to the prior year period, or 2.6 percent on a same-store basis. Lift revenue increased 21.1 percent ...
Tags: Intrawest, Sports Wear
U.S. jewelry and watch sales across all channels fell 1.7 percent year on year to $5.386 billion in March, as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales dropped 1.5 percent to ...
Tags: jewelry, watch sales
Capacity utilization rates at 8-inch wafer fabs have fallen at a faster-than-expected pace recently prompting foundry houses to lower their quotes, according to sources at Taiwan-based IC design houses. LCD driver IC suppliers have cut ...
Tags: LCD Driver, Analog ICs
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income