American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
Voith Paper has been commissioned to rebuild the headboxes and shoe presses of Jianhui PM 3 and PM 4 as well as Jinzhou PM 3 and PM 4 in China. Voith Paper, Huazhang Technology, Jianhui Paper and Jinzhou Paper have signed an agreement to ...
Tags: Voith Paper, paper formation
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
Huawei is likely to outpace Apple to become the second largest smartphone vendor globally in the third quarter of 2017 as sales of China-based vendor's high-end P- and M-series as well as the more affordable Honor-branded models have ...
Tags: Huawei, Smartphone
For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...
For fiscal first-quarter 2018 (ended 1 July 2017), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $639.9m, down slightly on ...
Tags: Qorvo, IDP product
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Moretto, which provides automation technology for the plastic processing industry, is expanding its activities globally with the opening of three new branches in China, India and Russia. Three markets where Moretto’s technology has ...
Tags: Moretto, plastic processing
For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
Coloredge, the largest provider of visual marketing solutions for upscale brands and retailers, announced that it has extended its large-format printing operations to China. The new expansion reflects Coloredge's commitment to scaling ...
Tags: Coloredge, visual marketing
Valmet has secured an order to supply EVO-56 defibrator system to Chinese firm Chiping County Senqiang MDF, which belongs to Sensen group. The new defibrator system will produce 30 tons per hour bone dry (bd) unresinated fiber. It will ...
DuPont and other medical packaging and sterilization suppliers are participating at 2017 Medtec China in September. The rapid development of the medical industry brings with it increasingly demanding requirements with regards to aseptic ...
Tags: DuPont, Medical Packaging
Wireless Inc. Asia research & development manager Morino Ebizo has said that his team has completed trials of a new way to transmit power to appliances as they move closer and further from its original source. The application of a ...
Tags: Electric Cars, Charging Cars
Finnish packaging company Huhtamaki has agreed to acquire International Paper’s foodservice packaging operations in China for €15m. The acquisition will include two manufacturing units in Shanghai and Tianjin, which employ ...
Tags: Huhtamaki, Foodservice Packaging
As demand for LED end devices has resumed growth amid shortages of LED chip supply, China's LED makers have recently begun expanding their capacities and local governments are also planning new subsidy and investment programs to assist the ...
Tags: LED chip, LED packaging