Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
The global aluminium aerosol cans market saw 5.4 billion aluminium cans produced in 2015, repeating the previous year’s record result. The International Organisation of Aluminium Aerosol Container Manufacturers' secretary general ...
Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Navitas Semiconductor Inc of El Segundo, CA, USA has launched its first products, which are claimed to be the industry's first gallium nitride (GaN) power ICs. Navitas was founded in 2013, and in 2014 investment firm MalibuIQ licensed the ...
Tags: GaN, Power electronics
Machine vision uses machines to measure and judge instead of human eyes. Typical machine vision systems can be divided into PCB machine vision system and embedded machine vision system (smart cameras). In 2015, the global machine vision ...
L.L.Bean announced its fiscal 2015 sales were flat as well as its intention to pay performance bonuses to employees. For the fiscal year ending February 28, 2016, L.L.Bean reported annual net sales of $1.6 billion, essentially level with ...
Power management company Eaton today announced that the home field of the Vanderbilt University men’s baseball team, Hawkins Field in Nashville, Tennessee, has installed an advanced light-emitting diode (LED) system designed to ...
Tags: Vanderbilt university, LED system, Eaton
From January to October in 2015, Latvia’s imports & exports volume was USD 22.04 billion, down 18.3% by year according to Eurostat. The exports volume was USD 10.04 billion, down 17.7% and imports volume was USD 12 billion, down ...
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has announced its line-up of fiber-optic transceivers designed to drive the data-center transition from 40Gb/s to 100Gb/s and ...
Tags: Oclaro, Transition, OFC
We’re drawing closer to Apple’s big March 21 launch event, and new details are arriving faster than ever. Apple’s next tablet could be the priciest 9.7-inch device the company has ever released. A 9to5mac report claims ...
Automobile majors have reached an agreement to include automatic emergency braking in almost all the vehicles in the US by September 2022. The agreement by 20 auto majors has been announced by the US Department of Transportation's ...
Ford announced that its new 2017 Escape will feature driver-assist technology which can help in keeping drivers in their respective lanes, maintain speed limit and distance on the highway and helps to park in tight spaces. The new Escape, ...
Tags: Ford, Driver-assist technology, SYNC 3, Apple CarPlay, Android Auto
The plan to launch China's first crude oil futures contract is facing more roadblocks as the Shanghai International Energy Exchange, or INE, comes under government review, a senior official close to the matter said Monday. "The target ...
Tags: Crude Futures, Crude Oil
In the battle for content dominance, big money tends to win out. Netflix has committed an impressive $90 million to producing a cop movie starring Will Smith. The streaming service giant is said to have won the deal for Bright after ...
Tags: Netflix, Will Smith, Cop movie