In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
The Valspar Corporation has reported fiscal third quarter 2015 net sales of $1.15 billion, a decrease of 7 percent over the prior year. Total volume was flat as growth in the Coatings segment was offset by the expected decline in the Paints ...
Tags: Valspar, Paints segment
Asahi Kasei completed its acquisition of Polypore International. On February 23, 2015, Asahi Kasei announced a definitive merger agreement to acquire Polypore through a US subsidiary. This acquisition was completed on August 26, 2015, US ...
Tags: Asahi Kasei, Polypore
Despite the recent stock market crashes around the world on the heels of China devaluing the yuan, Reserve Bank of India Governor Raghuram Rajan has said he doesn't believe that there's a financial crisis looming. "Based on what I've seen ...
The world's biggest silicon wafer foundry Taiwan Semiconductor Manufacturing Co Inc (TSMC) says that its subsidiary TSMC Solar Ltd - which was founded in 2009 to make copper indium gallium diselenide (CIGS) photovoltaic modules - will cease ...
Coles has reported a $1.78 billion profit before interest and tax for the financial year ended 30 June 2015, up 6.6 per cent on the 2014 financial year. Turnover revenue for Coles was $38.20 billion and return on capital was 11 per ...
Tags: hardware chain, Chemical
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
PPG Industries announced that it has reached a definitive agreement to acquire the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises. The transaction is expected to close in the third quarter, ...
Revenues for the three months to June 30, 2015 climbed 11.4 per cent over the three months to March 31, 2015 at Kordsa Global, a Turkish producer of industrial yarn and cord fabric. Kordsa Global's revenues amounted to TRY 869 million in ...
Tags: industrial yarn, fabric
Every 30 seconds, global e-commerce industry generates over $1.2 million revenue with Facebook, Pinterest and Twitter contributing $5,483, $4,504 and $4,308 respectively, according to an ASSOCHAM-Deloitte joint study. The study found that ...
Global nutraceuticals market is expected to cross $262.9 billion by 2020 from the current level of $182.6 billion growing at compound annual growth rate (CAGR) of about 8 per cent according to the joint study brought out by The Associated ...
Global LED chip demand and supply condition is gradually reaching an equilibrium, and easing the industry’s oversupply situation, according to a Qianjia.com report that quoted an electronic component industry report by UBS. Lighting ...
Tags: LED industry, LED lighting
Briscoe Group Limited, the New Zealand company making a hostile bid for the 150-store Kathmandu outdoor specialty chain, announced unaudited sales reached NZ$124.2 million ($88 mm) for the 13 week period ended July 26, an increase of 6.47 ...
Tags: sports products, homeware
Lear Corporation, a global supplier of automotive seating and electrical distribution systems, has announced that it has acquired intellectual property and technology from Autonet Mobile, a Santa Rosa, California-based developer of software ...
Affinia Group has inked a definitive merger pact to sell its global filtration operations to Germany-based Mann+Hummel, exclusive of its South America business. Though Mann + Hummel remained tightlipped about the terms, a regulatory ...
Tags: automobile manufacture, Affinia Group, comapny acquisition