Ireland-based nutrition company Glanbia and its joint venture partners in Southwest Cheese are planning a $140m expansion of cheese production plant in Clovis, New Mexico. The expansion is intended to increase milk processing capacity by ...
The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
HTC has reported revenues of NT$8.95 billion (US$276.8 million) for October, up 25.92% on month but down 43.2% on year. The October figures were the company's highest in six months. For the first 10 months of 2015, revenues amounted to ...
Tags: HIT, HTC, revenues, smartphone
Despite recent rebounding shipments of consumer notebooks due to replenishing inventories, global demand is still weak and therefore shipments are likely to significantly drop after the 2015 year-end holidays, especially since the first ...
IC distributor WPG expects its revenues to decline 4-6% to NT$129-135 billion (US$3.99-4.18 billion) in the fourth quarter of 2015 with a gross margin of 3.95-4.1% and an operating margin of 1.4-1.6%. WPG also reported net profits of ...
Tags: 4Q15, IC distributor, revenues, WPG
Rollouts of new smartphone models will stimulate demand for mobile DRAM memory in the fourth quarter of 2015, with the chip prices falling at a slower pace, according to DRAMeXchange. With the peak season for smartphone shipments ...
Tags: 4Q15, DRAM, mobile DRAM, SK Hynix
Wistron has announced its third-quarter financial results, reporting a drop in net profit by 54.7% on year to reach only NT$657 million (US$20.26 million) due to exchange losses from selling its service center in the Netherlands. Compared ...
Touch panel maker TPK has announced net loss of NT$19.4 billion (US$600 million), or loss per share of NT$55.15 for the third quarter of 2015. The operating loss was primarily attributable to one-off asset impairment charges on ...
Tags: 3Q15, loss, touch panel, TPK
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
Pricing pressures and a varied international outlook are still facts of life for industrial laser vendors, but overall demand remained in line with expectations during the first quarter of 2014. The regular survey of vendors carried ...
Tags: laser vendors, fiber lasers, semiconductor
US-based food company B&G Foods has completed the acquisition of frozen and canned vegetable Green Giant and Le Sueur brands from General Mills for $765m in cash. The deal also covers inventory adjustment at closing worth $58m. B&G ...
Tags: B&G Foods, General Mills
The global market for laser materials processing systems reached a volume of US$ 11.6 billion in 2014. According to a preliminary analysis of 2014 data produced by Optech Consulting, based in Taegerwilen, Switzerland, that figure is up 8% ...
Tags: laser systems, fiber lasers, semiconductors
China's top economic planner on Wednesday stressed the importance of boosting investment in the fourth quarter of 2015. Increasing investment and stabilizing growth are priorities for the fourth quarter, according to a statement by the ...
Tags: NDRC, top economic planner