China has imposed fine of $202m on twelve Japanese car parts makers for allegedly price-fixing. The ruling came after Chinese regulators raided foreign companies including Mitsubishi Electric, Sumitomo Electric, Audi, BMW, Daimler, and ...
Tags: Car, Fines, Auto Parts
AkzoNobel broke ground on its new Decorative Paints site in Chengdu, capital city of Sichuan Province, China. The facility is part of an investment in excess of €50 million to build manufacturing facilities for both Powder Coatings and ...
BELLEVUE, WA — Truck manufacturer Paccar announced a nine-percent increase in profit in the second quarter of 2014 and Paccar Parts is building a new distribution center in Washington. "This new facility will more than double the ...
Tags: Profit, Paccar, Auto Parts
Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
IQMS Backing from the leading technology growth equity firm, Technology Crossover Ventures, highlights IQMS' leadership position and technology innovation in the manufacturing ERP software market PASO ROBLES, CALIF. – IQMS, a ...
In the second quarter of the current year, Sinarsky Pipe Works, a subsidiary of Russia's largest pipe producer TMK, recorded a net loss of RUB 36 million ($0.996 million), against a net profit of RUB 2.4 million ($0.066 million) in the ...
Tags: Sinarsky Pipe Works, Loss, Energy
On August 20, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first half of the current year. Accordingly, Masteel's operating revenues for the period in question amounted to ...
The “Xiami Effect” of China is strongly blowing the sails of the Korean smartphone component industry. Component supplies to local smartphone manufacturers in China are surging, especially from Samsung Electro-Mechanics and LG ...
Tags: Xiaomi Effect, Component Industry
Ecommerce sales accounted for 6.3% of total revenue at DICK'S Sporting Goods, Inc., the largest U.S. based full-line omni-channel sporting, including apparel goods retailer in the second quarter ended August 2, 2014, up from 5.6% in the ...
Tags: Dick's Sporting, apparel goods
Turkey's leading steel pipe producer Borusan Mannesmann Boru has announced its financial results for the second quarter and the first half this year, posting a net profit of TRY 18.2 million ($8.4 million) in the second quarter, rising from ...
Tags: Borusan Mannesmann, Results, Energy
For second-quarter 2014, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, rebounding by 5% from €43.9m last quarter (which had been down 14% on the previous quarter) and up 2% on €45.3m ...
Tags: Aixtron, MOCVD, Electronics
Despite strong growth in the gallium arsenide device market, GaAs bulk substrate manufacturers saw both production and revenues decline for the second consecutive year, according to the Strategy Analytics Advanced Semiconductor Applications ...
Different from many company’s overseas strategy with just roadmap and timetables, Weichai Power has clearly overseas market plans: their sales revenues in overseas markets will make one third in five to ten years from now. Weichai ...
Tags: Weichai Power, Markets, Transportation
Sales revenues of Weichai Power increased dramatically in the first half year since accounting KION Group. And the net profits for the shareholders are 3.54 to 4.17 billion Yuan, up 70%-100% over last year. According to related investment ...
Tags: Sales, Increase, Transportation
Hande Axle made breakthrough in Southeast Asia as they were ordered 2000 sets axles and they entered the customers supply chains formally, according to the news on July 16, 2014. Half of the orders have been delivered and Hande Axle will ...
Tags: Hande Axle, Breakthrough, Transportation