Another wave of industry restructuring is expected to occur in Taiwan and China as LED lighting penetration rates continue to rise, according to Chinese-language Apple Daily report. LEDinside and Photonics Industry and Technology ...
Tags: LED Industry, LED Lighting
With Gartner predicting the rise of sales of security software, one of the top security software houses, Symantec, appears to be struggling in the market it should be dominating. The firm’s latest quarterly results for the third ...
Tags: security software, Security Market
Philips’ lighting division achieved total sales of €8,442 million in 2013, with LEDs accounting for 34 per cent of overall lighting sales in the final quarter. Releasing its Q4 results, the Dutch manufacturing giant revealed ...
Tags: Philips, LED, Lighting division, Lumileds and Automotive
United States Steel Corporation (US Steel) has reported a net loss of $122 million for the fourth quarter of 2013, compared to a net loss of $50 million in the same quarter of 2012. Adjusted net income for the fourth quarter of 2013 was $38 ...
Tags: Net Loss, US, Steel Corporation
Medtech giant St. Jude Medical announced a major reorganization and leadership changes on Tuesday. The Little Canada, MN–based company says its two operating divisions will be integrated into one research and development ...
Comparable sales growth combined with increased profitability in first quarter LED-based business (SSL) with revenue share of one third for the first time Osram confirms outlook for full fiscal year In a still challenging environment, ...
Tags: Osram, profit growth, projector module
Lenovo is once again restructuring its operations, this time to create two new business groups devoted to its enterprise products and to developing a software ecosystem. A few days after announcing its plan to buy IBM’s x86 server ...
Kimberly-Clark Corporation reported year-end 2013 results and provided its 2014 outlook and related key planning assumptions. Executive Summary Fourth quarter 2013 net sales of $5.3 billion were even with the year-ago period. ...
In Q4 Unipetrol Group posted operational profit EBITDA LIFO of CZK 252m. Due to lower petrochemical and refinery production sales, as well as refining margins, revenues of the Company decreased by 5% y/y and in Q4 amounted at CZK 25.070 bn. ...
Tags: Unipetrol Group, Textile
Zurich, Switzerland, Jan. 22, 2014 – ABB said its fourth-quarter 2013 results were adversely impacted mainly by charges for storm-related project delays and some operational issues in the Power Systems (PS) division. Additional ...
Outgoing Acer MD Charles Chung (right) with Andrew Bosch. Acer Australia and New Zealand has announced the appointment of a new managing director for the local subsidiary, following news that the current MD is set to retire due to health ...
Tags: Acer, technology future, MD, Charles Chung
New Sunbeam CEO Karen Hope is still settling in as the head of the Botany-based small appliance brand and the sheer magnitude of the job in front of her is only now revealing itself. Having joined the famous Australian small brand ...
Tags: Sumbeam, Karen Hope, Apparel Group, GUD
St. Jude Medical, Inc. (NYSE: STJ) today reported sales and net earnings for the fourth quarter and full year ended Dec. 28, 2013. Fourth quarter highlights: Net sales increased by approximately 6 percent on a constant-currency basis ...
Tags: CRM, AF, Neuromodulation, St.Jude Medical
Dorel Industries Inc. will close its assembly and testing facility in Bedford, PA. and layoff 100 employees as part of a global restructuring of its Recreational/Leisure segment announced Thursday morning. The segment owns the Cannondale, ...
Tags: Sporting Goods, Recreation
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy