Last year, the exports of electric light source and lighting fixture in Xiamen reached US $ 800 million. The export of high-end products in Xiamen was the first and the industrial chain in Xiamen was the most complete in China. Reporters ...
Tags: LED Enterprises, Xiamen Government, Breakthrough, LED
Microsoft is close to another restructuring that could see several senior managers moved sideways or leaving the company as it reduces its number of business units from eight to four. The restructuring is being prepared by a small group ...
Tags: Microsoft, Restructuring, Senior Manager
China Premier Li Keqiang chaired a State Council executive meeting on June 19, studying the deployment of policies and measures to support economic restructuring, transformation and upgrading. The meeting studies and nailed down policies ...
Tags: economy, private capital
Lite-On Technology announced on June 19 that the Board has approved to appoint Mr. Danny Liao, the CEO of Lite-On IT, to serve as CEO of New Business Development of Lite-On Group, mainly responsible for the Group's long-term growth strategy ...
Tags: Danny Liao, CEO, New Business Development, Lite-On Group
The solar market seemed promising for South Korea-based big enterprises such as Samsung, LG, and Hyundai. However, continuous loss has pushed these firms to modify the business strategies. LG Siltron has given up on the production of ...
Petrobras, in compliance with the provision in the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or CVM) Rule No. 358, of January 3, 2002, announces that its Board of Directors approved the ...
IBM has cut about 1,300 employees and more lay-offs are possible, according to an employee organisation. The news comes from Alliance@IBM, which has been a reliable source of news about job actions at the company. IBM typically ...
Siemens has started talks with private-equity firms about the sale of its share in Nokia Siemens Networks, The Wall Street Journal reported on Friday. The German company's 50% share of Nokia Siemens Networks (NSN) could be worth more than ...
Tags: Siemens, Nokia, Networking Venture
Ailing Japanese TV maker Sharp says it will try to break into a host of new industries, from industrial cleaning robots to raising strawberries, to supplement its core LCD business. At an open house at its research facility in Nara, ...
Finnish packaging company Huhtamaki Oyj has initiated efficiency enhancing measures in an attempt to improve the competitiveness of its Foodservice Europe-Asia-Oceania business segment. The company initiated employee cooperation ...
Tags: Finnish packaging, Huhtamaki
Glass for Europe, an association made up of Europe’s flat glass manufacturers, has issued a statement related to the European Commission’s (EC) anti-subsidy investigation into imports of solar glass from China. In the statement, ...
Brazilian meat producer JBS has agreed to acquire local poultry and pork producer Seara Brasil, which is owned by Marfrig Alimentos, in a deal worth BRL5.85bn ($2.72bn) including the assumption of outstanding debt. As part of the deal, ...
China Taiping Insurance Group has injected its core assets into its Hong Kong-listed unit for a long-planned overall listing in Hong Kong. China Taiping Insurance Group announced a restructuring and name change as part of its efforts to ...
Tags: Insurance, HK Listing
Christopher & Banks Corporation, a specialty women's apparel retailer, reported results for the thirteen week period ended May 4, 2013. Results for the Thirteen Week Period Ended May 4, 2013 Same-store sales increased 23.4%, as compared ...
Tags: Christopher&Banks, Apparel
Solvay announces that it plans to reinforce its position as a world leader in soda ash and improve the activity's long-term profitability by reducing its 2012 European cost base by €100 million per year as of 2016. Solvay will focus ...