Lenovo has announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenues were US$12.2 billion, a 6% decrease year-on-year. Third quarter pre-tax income was US$101 million, a 68% decline year-on-year. Net income ...
Tags: Lenovo, smart devices
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share. The model will be equipped with competitive ...
Tags: High-End SUV, Great Wall, SUV
ODM Quanta Computer shipped 2.7 million notebooks in January, declining 30.8% on month but rising 17.4% on year, according to the company. Quanta expects notebook shipments in the first quarter of 2017 to decrease about 20%. Quanta on ...
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
Clearwater Paper reported financial results for the fourth quarter of 2016. The company reported net sales of $425.6 million for the fourth quarter of 2016, down 1.4% compared to net sales of $431.6 million for the fourth quarter of 2015 ...
Tags: Clearwater Paper
Graphic Packaging Holding Company, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for fourth quarter 2016 of $34.9m , or $0.11 per share, based upon 317.9 million weighted average ...
Tags: Graphic Packaging, Packaging
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Ford Motor is launching a new project designed to help enhance air quality in London as the automaker accelerates its electrification plans with 13 new global electrified vehicles due for introduction in the next five years. The project, ...
Tags: Ford, Commercial Vans
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
Ford has unveiled new Mustang, which offers sleeker design, more advanced technology and enhanced performance. Ford partnered with its ambassador of Service, Dwayne ‘The Rock’ Johnson, to introduce the new Mustang – the ...
The PSA Group and the CK Birla Group have sign joint-venture (JV) agreements to produce and sell vehicles and components in India by 2020. The ceremony of signature lays the foundation for a long term partnership between the two Groups ...
Tags: PSA Group, CK Birla Group
Because of weak demand for all-in-one PCs, worldwide all-in-one ((AIO) PC shipments fell 4.8% on year to total only 12.11 million units in 2016, the third consecutive year of on-year declines. However, the shipment volume is expected to ...
Tags: All-in-One PC, PC
With AMD ready to release Ryzen CPUs and Vega GPUs, sources from the upstream supply chain expect the PC industry to stabilize and see a less than 5% on-year shipment drop in 2017, while PC and related component sales in the first quarter ...
Tags: PC Industry, CPU