LiteOn global consolidated revenue for October reached NT $19.45 billion (US $66 million), a growth of 9 percent compared with last October. The company’s core businesses including power solutions and camera modules both reached ...
Leotek Electronics, a Lite-On Technology subsidiary, has entered the residential LED lighting market in Taiwan with a goal of attaining a market share of 10% for LED light bulbs by the end of 2014, according to New Business Development CEO ...
GT Advanced Technology (GTAT) announced that it has entered into a multi-year supply agreement with Apple Inc. to provide sapphire substrate materials for US $578 million (NT $17 billion). Feeling the effect, Chinese sapphire substrate ...
Tags: Apple, sapphire substrate
The widening gap between milk demand and supply will lead to a shortage totaling about 15 to 20 percent of China's market value in 2017, or 66 billion yuan ($10.75 billion), a report has said. Driven by increasing consumption and deeper ...
Tags: Milk Market, Milk Demand
As the Hungarian branch of Dab, the new factory is strategically important for Eastern markets and will provide new production power for the Italian company group. The Dab company group opened its almost 5000 m2 production facility on 29 ...
Japan’s Sumitomo Corporation has indicated to join purchase agreement with Press Metal Berhad (PMB) for sharing in the second phase of the aluminum smelting project in Sarawak, Malaysia. PMB is the leading integrated aluminum company ...
Tags: Aluminum Smelters, Mineral
UAE government attempts to reform its steel import regulation so as to stop dumping of steel products from overseas. So far, UAE is looking for expanding its steel market share. However, the consumption of steel rebar around 55% comes from ...
Tags: Steel Imports, Mineral
UAE-based steel producer Conares has announced that it plans to reach full capacity production at its rebar mill in November due to the substantial increase in both domestic and export demand mainly supported by the improving situation in ...
Tags: Rebar Mill, Mineral
US-based beef processor Cargill will begin labeling its ground beef products that contain finely textured beef in response to customers’ complaints of containing pink slime additive. Starting early 2014, the company's label on ...
Tags: Cargill, Beef Products
Honduras-based Grupo Karim's — a vertical manufacturer of private-label products with yarn spinning, chemicals and apparel manufacturing operations in Mexico, Central America and the Caribbean — has acquired Cone Denim Mills ...
Tags: Textile, cotton, synthetic sportswear, jeans, twill bottoms
Epistar, the largest Taiwan-based LED epitaxial wafer and chip maker, saw its operation in the third quarter of 2013 swing to a small net loss of NT$83.4 million (US$2.8 million) due to a non-operating loss of NT$281 million, according to ...
San’an has recently released their 3Q13 financial report. The first three quarters of the year saw a revenue of RMB 2.63 billion (US $431 million), a YoY growth of 11.86 percent. Gross profit margin was RMB 761 million, a YoY growth ...
Tags: LED Market, Chip
French dairy major Danone has partnered with Russian firm Babaev’s Damate, in a move to expand its presence in the country. The company will invest in the construction of several milk farms in Bashkortostan and Tyumen regions of ...
Tags: Milk Farms, Danone
A Russian business delegation went on a fact-finding tour to Vietnam's central Binh Dinh province late last week to have a better look at the Nhon Hoi Oil Refinery Complex, which will be built in the locality, state-run Vietnam News Agency ...
Tags: Metallurgy, Mineral, Energy, oil
China has put in place application criteria for 2014 molybdenum, tin, and indium export quotas, according to information posted on the Ministry of Commerce website Monday. For moly, companies that have been allotted export quotas for 2013 ...
Tags: molybdenum, tin, indium, Metallurgy, Mineral