India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
For full-year fiscal 2015 (ending 2 October), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported record revenue of $3.26bn, up 42% on fiscal 2014's $2.29bn. For the fiscal ...
Tags: Skyworks, semiconductors
For its fiscal second-quarter 2016 (ended 3 October 2015), Qorvo Inc, which provides core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, has reported revenue of $708.3m, up 5.2% on $673.6m last ...
Tags: Qorvo, RFMD, TriQuint Semiconductor, Mobile Products
Panasonic aims to increase its European lighting revenue in 2018, reported Kyodo News. The plan is to raise lighting revenue in Europe from JYP 30 billion (US $330 million) in 2014 to JYP 36 billion by 2018. Panasonic analyzed there is ...
Tags: Panasonic, European market, Lighting Revenue
Intertape Polymer has acquired pressure sensitive adhesive tapes producer RJM Manufacturing (TaraTape), effective 2 November this year. The acquisition is valued at around $11m and it was financed with funds from the company's revolving ...
Tags: Polymer, Adhesive Tapes
It's hard to escape the positive vibe that is currently circulating within the optics industry. As well as publishing record results in quarter one, many of the industry's big hitters have also published encouraging growth forecasts for ...
Tags: optics industry, cosmetic medical systems, semiconductor tools
Financial results posted by leading chip manufacturer Intel and key lithography system supplier ASML suggest that demand in the microelectronics industry – a key sector for laser companies – is to remain strong. Following ...
Tags: ASML, microelectronics industry, laser
For third-quarter 2015, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, hybrid photonic
Osram’s transformation is making further progress: the company has agreed to sell its 13.5% stake in the Chinese company Foshan Electrical and Lighting (Felco) to a subsidiary of Guangdong Rising Assets Management With this move, ...
For third-quarter 2015, AXT Inc of Fremont, CA, USA, which makes gallium arsenide (GaAs, indium phosphide (InP) and germanium (Ge) substrates and raw materials, has reported revenue of $18.4m, down 12.4% on $21m last quarter and down 20% on ...
The US deficit, down from the $1 trillion-plus levels of Obama's first four years and a $483 billion gap in fiscal 2014, will stay largely flat in 2016, then begin to march upward due to rising costs for debt and caring for fast-retiring ...
Tags: budget deficit, tax rates
Under the background that China’s economy entered into the new normal, new technologies, commercial formats and business modes in the service outsourcing industry sprung up, the role of innovation in development was even more ...
Tags: service outsourcing industry, Belt and Road Initiatives, foreign trade
On January 15, 2015, the journal Qiushi published a signed article by Minister of Commerce Gao Hucheng, titled “Grasp the World Situation and Promote the Level of Opening—Understanding of Studying and Implementing Important ...
Schott has developed a chemically strengthened glass cartridge that is up to three times more resistant to breakage. Schott has developed a chemically strengthened glass cartridge that is up to three times more resistant to breakage. The ...
Tags: Schott, strengthened glass cartridge, break-resistant packaging
Recently, the General Office of the State Council issued the Guiding Opinions on Accelerating the Development of the Financial Leasing Industry (hereinafter referred to as the Guiding Opinions), to comprehensively and systematically ...
Tags: financial leasing industry, economic structure adjustment