Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
China's industrial profits for the first two months of the year declined 4.2 percent year on year, narrowing from the 8-percent decrease seen last December. Profits of Chinese industrial businesses hit 745.24 billion yuan (121.5 billion ...
China's State Council pledged Wednesday to boost the implementation of the "Made in China 2025" strategy, which will upgrade the manufacturing sector. Accelerated industrialization is supported by the manufacturing sector, according to a ...
C&H Garments which has set up a Rwandan garment manufacturing unit recently signed a memorandum of understanding (MoU) with Rwanda Development Board and Fairtrade Africa. In collaboration with Fairtrade, C&H plans to establish a ...
Tags: C&H Garments, garment
Pearl River Delta cities spend big on updating manufacturing model, reports Qiu Quanlin. An increasing number of companies in Dongguan and Foshan - two major manufacturing cities in the Pearl River Delta in Guangdong province - have been ...
Tags: Smart Equipment, Robot Technology
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
China is emerging as an engineering powerhouse and has great potential to produce top-notch engineering solutions that will make significant impact globally, said Lord John Browne, Chairman of the Trustees of the Queen Elizabeth Prize for ...
Hardide Coatings, Inc., a UK-based provider of advanced surface coating technology, has today announced investment in a new Virginia manufacturing plant worth approximagely $7 million. The investment will see Hardide Coatings expand ...
Tags: surface coating technology, gas, aerospace, Construction
China's governments and industries have been making efforts to develop robots but there has been a lack of direction for the development in terms of application. There were 36,560 robots sold in the China market in 2013, growing 60% on ...
Tags: Robot Development, Robots
With the implementation of the Developing Country (DC) Preferences by the Australian Government from 1 January 2015, garments made in Fiji now have improved access to the Australian market. The DC Preferences replaces the earlier South ...
Tags: raw materials, textile, clothing, footwear industry, Apparel
Chinese manufacturers signalled weaker growth momentum at the end of 2014, fresh evidence of headwinds facing the Chinese economy, a recent HSBC report showed. After adjusting for seasonal factors, the HSBC Purchasing Managers' Index ...
Tags: Manufacturing Activity
Foreign direct investment (FDI) inflows into India have surged by around 25 per cent from a year ago, in the April-October period of the current fiscal year. In the seven months to October 2014, FDI rose some 25 per cent from $13.82 ...
Tags: pharmaceuticals, oil, gas, petrochemicals, Textile
The Vietnamese retailer Canifa, in collaboration with the Australia-based international wool textile organization The Woolmark Company, has launched its first-ever collection of Woolmark-certified clothing. Following the sell-out success ...
China saw high-technology manufacturing companies surge from 2008 to 2013, a signal of progress in economic structure adjustment, official data showed on Tuesday. There were 26,894 large high-tech manufacturing companies by the end of ...
SoftWear Automation, a developer of robotic sewing technologies for the apparel industry said it completed a $3 million Series A round of financing from CTW Venture Partners. Alongside, KP Reddy, partner at CTW Venture has also been ...
Tags: Sewing Technologies, Softwear Bags, Apparel