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
Leyard announced recently it will acquire Guangzhou Leafun Culture Science and Technology and Glux Visual Effect Tech. Leyard is to acquire 100% of Guangzhou Leafun Culture Science and Technology’s shares with cash and 99% of Glux ...
Tags: LED Manufacturers, Leyard, Acquisition
The scale of China’s LED package market is projected to expand 16% year on year to RMB 61.4 billion in 2015, according to the latest Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of Chinese LED ...
Tags: led, package, acquisitions
Leading U.S. LED manufacturer Cree announced earlier this month, it will be rebranding its power and RF business as Wolfspeed. In an exclusive interview with LEDinside analyst and assistant manager Joanne Wu, Cree co-founder and CTO John ...
Tags: Cree, Wolfspeed, RF and power business, Market Branding
Today, The Climate Group, which is hosting its annual Climate Week NYC, called on every single city and utility around the world to schedule the switch of their street lighting to LED by 2025 and launched its new major global campaign LED = ...
Tags: government policy, LED streetlight upgrade, The Climate Group
Luxtera, the global leader in Silicon Photonics solutions, today announces the hiring of Brad Byk as Vice President of Worldwide Sales and Kelly Perez as Vice President of Finance. Luxtera will leverage their considerable experience and ...
Tags: OEM, Luxtera, Senior Executives
Plessey announced today that it is to carry out a major expansion of the company’s LED manufacturing facility in Plymouth, England, after securing a GBP 30 million ($50 million) loan from Deutsche Bank AG to finance the expansion. ...
Taiwanese LED chip manufacturer Yang Hwa Technology owner Shih-Hsiung Chan was detained by police on Sept. 11, 2015 for suspected accounting fraud and market manipulation, according to a report by China Times. In mid-June, Chan was ...
Tags: insider trading, Yang Hwa Technology, market manipulation
Nearly four per cent of global launches recorded by Innova Market Insights in the financial year ending the 30 June 2015 used a protein marketing claim. The claims were either ‘high-in-protein’ claims or ...
Tags: Innova, Dairy products, protein
Bunge North America, the North American operating arm of Bunge Limited, has acquired Whole Harvest Foods, a refiner and packager of expeller pressed commercial cooking oil. Whole Harvest Foods products, which including frying oils, pan ...
Tags: Bunge, frying oils, cottonseed, soy oils
Orbis Corporation has launched a new plastic, reusable corrugated box PlastiCorr for existing automated packaging lines. The new PlastiCorr comes with patented Enfold technology, which allows the reusability of the plastic corrugated ...
Tags: Orbis, corrugated box, reusable packaging
China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics. The move, announced on Thursday, is being viewed by Beijing-based ...
Tags: IMF, Economic Statistics
Crown Paper Group has completed the acquisition of Montebello Container, an independent corrugated sheet manufacturer based in Southern California, US. Montebello president Anthony Salcido and vice-president John Salcido will continue ...
Tags: Crown Paper, corrugated sheet, sheet feeder, Container
Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, therefore chalked up a 54-percent growth in pretax ...
Tags: raw material, global market, coking coal, iron ore
The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...