Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
IC demand from China's smartphone market is showing signs of a pick-up, as inventories at non-Apple vendors ease, according to sources at Taiwan-based IC design houses. Strong sales of Apple's iPhone 6 devices in China resulted in excess ...
U.S. jewelry and watch sales across all channels were basically flat, or down 0.2 percent year on year, at $6.188 billion in February, according to preliminary figures. Data revealed that jewelry sales were unchanged from one year ago at ...
Tags: jewelry sales, watch sales
GCiS China Strategic Research estimates that the domestic market of flame retardant chemical in China is valued at nearly RMB 6.8 Bn, or roughly USD 1.1 Bn, as of the year end of 2014. The study finds that the market will continue to thrive ...
Tags: Flame Retardant, Chemicals
Global diamond jewelry demand rose 2.9 percent year on year to $81.4 billion in 2014, according to industry insight data published by De Beers on Friday. The research sets a new high for global demand, but also represents the slowest growth ...
Tags: diamond jewelry, jewelry demand
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
Sharp decline in orders led to sales at advanced weaving technology manufacturer Picanol Group plunging 25 per cent in 2014 as against in 2013. In a press release, Picanol said it realised a consolidated turnover of €418.2 million in ...
Turkey has imposed an additional 50 per cent customs duty on Pakistani handmade carpets, which can have tumultuous impact, since Turkey is the second biggest importer of Pakistani handmade carpets. The imposition of the duty comes ...
Tags: Handmade Carpets, Carpets
China's auto industry saw total sales drop by 0.22 percent to 1.59 million units in February, the first year-on-year drop in two years, data from an industry association showed Tuesday. Sales of passenger cars increased 6.42 percent ...
Tags: auto industry, passenger cars
China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...
Tags: Dipping Imports, February exports
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
Zhejiang University in China and University of Cambridge in the UK have jointly developed ultraviolet light-emitting diodes (UV-LEDs) based on metal-semiconductor Schottky junctions between silver nanowires (AgNWs) and gallium nitride (GaN) ...
China's economy is likely to grow at a medium-to-high rate under the "new normal", Economic Daily reported Justin Yifu Lin, a member of China's 12th CPPCC as saying on Monday. Under the "new normal", China has both the conditions and the ...
Tags: medium-to-high rate, new normal
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 ...
As it enters into February, the off-season market before the long Chinese New Year vacation leads spot prices of certain solar PV products such as polysilicon, wafer and PV cells to drop. Prices of PV modules remain relatively flat because ...
Tags: Solar PV, Solar Cell