Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
Noribachi, a leading U.S.-based custom LED manufacturer and Samsung Electronics, a global leader in advanced component solutions, announced establishment of a major partnership. This broad partnership will draw upon the technology and ...
Tags: Samsung, Noribachi, business strategy, partnership
Everlight Chairman Robert Yeh recently refuted market rumors in Taiwan claiming the company’s decision to use Chinese manufacturers LED chips in its products has impacted Epistar’s revenue performance, according to a UDN report. ...
Tags: Everlight, Epistar, LED chip supplier
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
GE announced recently the creation of Current, a startup that combines energy hardware with a digital backbone to make power simpler and more efficient for customers. The company, which is backed by GE’s balance sheet, brings ...
Tags: GE, Business Strategy, spin-off, Current
G-III Apparel Group, Ltd. reported second quarter earnings doubled to $12.4 million, or 27 cents a share, from $6.2 million, or 14 cents, a year ago. Driven by robust wholesale and retail performance, net sales increased 12 percent to $474 ...
Tags: G-III Apparel, sports business, outerwear, dresses, sportswear, swimwear
AkzoNobel plans to invest more than €1.3 million to build a pilot plant for coating resins at its Performance Coatings site located in Felling, UK. The state-of-the-art facility - which will create three new jobs and safeguard a ...
Tags: AkzoNobe, Performance Coatings
Raging price wars in the LED industry urged many manufacturers to veer away from low entry level products, and invest their resources in more profitable niche markets. Some of these markets include IR LED, UV LED, automotive lighting, grow ...
Tags: LED industry, IR LED, UV LED
Orora Limited was recognised in the Best Process Innovation category at the 2015 BRW Most Innovative Companies Awards in Sydney this week. This is Orora's second year to be considered as one of the 50 most innovative companies in ...
Tags: packaging carriage, packaging technology, packaging material
More than three quarters of consumers surveyed by Tetra Pak said their decision to select a beverage brand depended largely on whether its packaging was environmentally sound. The new study, commissioned by Tetra Pak's Environment ...
Tags: Eco-Friendly Bottles, Tetra Pak
HexaTech Inc of Morrisville, NC, USA, which manufactures aluminium nitride (AlN) substrates and is developing long-life UV-C LEDs and high-voltage power devices, has signed a broad, strategic agreement with Okaya & Co Ltd of Nagoya, Japan, ...
Tags: UV-C LED, LED products
Toyota Motor Corporation (TMC), Sumitomo Mitsui Banking Corporation (SMBC), and SPARX Group (SPARX Group) have signed a memorandum of understanding to consider the establishment of a new investment fund aiming to encourage innovation and ...
Tags: automobile manufacture, vehicle technology, intelligent technology
Beverage packaging that scores on the environmental front is influencing the purchase decision of consumers, finds a survey undertaken for Tetra Pak in 12 countries. According to Environment Research 2015, 75% of the respondents said that ...
The 2015 edition of the annual Euratex Convention will be devoted to sustainable innovation in the textile and clothing industry. The Convention will be organised by the European apparel and textile confederation (Euratex) and its Italian ...
Tags: textile manfacture, apparel and clothing, clothing manufacture
As one of 30 finalists at the UK Royal Society of Chemistry's Emerging Technologies Competition 2015 in London on 29 June, Seren Photonics Ltd of Pencoed Technology Park, UK was awarded third place in the 'Materials' category for its ...
Tags: Seren's technology, LED