China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
China aims to build a world-class utility tunnel network by 2020 to improve urban planning and achieve quality growth, according to the State Council, China's cabinet. The tunnels will help solve the problems of "road zippers" and ...
Tags: tunnel network, heating cables
Using grain bins as a marketing strategy has a lot of appeal this year, as the farm markets hover at or below cost-of-production levels. Some farmers choose to use storage to help capture higher cash basis prices later in the season or to ...
Tags: Grain Storage, soybeans
Seeka Kiwifruit Industries has agreed to acquire Australian company Bunbartha Fruit Packers in a A$22m($16.1m) deal. The acquisition covers Bunbartha Fruit Packers' kiwifruit and orcharding business and its associated entities including ...
For fiscal third-quarter 2015 (to end-June), Emcore Corp of Alhambra, CA, USA (which provides compound semiconductor-based chip-level devices, optical components, subsystems and systems for broadband and specialty fiber-optics markets) has ...
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
For second-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a fifth consecutive quarterly revenue increase, ...
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip
GfK’s UK Consumer Confidence Index decreased three points to 4 in July. Joe Staton, head of market dynamics at GfK, says: “Concerns about the general economic situation in the UK for the next 12 months appear to be weighing ...
Tags: Consumer Confidence, Furniture
US-based CC Industries has purchased closure liner manufacturer Selig Sealing Products from Behrman Capital. Selig supplies highly engineered closure liners for food, beverage, pharmaceutical, healthcare, personal care and industrial ...
Tags: food, beverage, Selig Sealing Products
Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
According to the report 'GaN and SiC for power electronics applications' from Yole Développement, in 2014 the silicon carbide (SiC) chip business was worth more than $133m, with power factor correction (PFC) and photovoltaics (PV) ...
Tags: SiC Market, power electronics
NYSE listed Avery Dennison, a marketer of labeling, packaging materials and solutions reported a 6 per cent year over year slip in sales in the three months to June 30, 2015. An Avery Dennison press release informed that net sales ...
Tags: packaging materials, label
For the second quarter ended June 30, 2015, apparel sales at German sports goods and sportswear marketer Puma were broadly flat at € 263.3 million from the same quarter of previous year. “This is against high comparables in the ...
Tags: sports goods, sportswear
Renewable energy statistics, viewed in isolation, sketch a misleading picture of wind and solar energy growth in China. According to the Energy Information Agency, China's total installed wind and solar electricity capacity was 7% in ...
Tags: Renewable energy, Solar Power