Shipment of 3D printers in the Chinese market is expected to reach 160,000 units in 2016, outperforming the U.S. market, market research firm IDC said on Tuesday. Mo Minyi, an analyst with IDC China, said despite sales' volume, China will ...
Tags: 3D Printers
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
Taiwan's machine-tool makers have entered into an alliance with the island's aircraft builders and a government-backed laboratory to develop intelligent industrial technology to sharpen their machine tool capability to manufacture aircraft, ...
Tags: aircraft-building, intelligent industrial, Processing Machinery
Traditional Chinese medicine makers are expanding their presence in the global markets in a big way, as the government reiterated its support to further strengthen the sector. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, the ...
Tags: Traditional Chinese medicine, Overseas Markets, medicine
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
British clothing and food retailer Marks & Spencer has opened its first store in Beijing, located in the CBD area. Costas Antimissaris, International Director of the retailer, says their strategy is to focus on big cities. "Our strategy ...
Tags: Marks&Spencer, food retailer, clothing
The Japanese government is set to announce a record-high budget of some 96.7 trillion yen (798 billion U.S. dollars) for the next fiscal year to cope with the nation's dire demographic circumstances and related welfare costs, government ...
Tags: Japanese Gov, Budget
Sales of Huawei smartphones have grown 125 percent year-on-year in Central, Eastern, and Northern European regions. 3.5 million units have been delivered, an increase of over 110 percent compared with a year ago. Meantime, sales revenue ...
Tags: Smartphone, Huawei, Sales
Revenue from the sale of China's national liquor, Maotai, has been on the rise through the first 11 months, despite the government's continued frugality campaign. The Kweichow Moutai Group is reporting a 4-percent rise in revenues through ...
Tags: Kweichow Moutai, exhibition, Revenue
Nautilus Inc., a maker of home fitness equipment, promoted Jeff Collins to vice president, general manager retail. In his new role, Collins will continue leading the company’s strategic initiative to grow the retail channel ...
Tags: Nautilus Inc., Sporting, Recreation
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
McRae Industries, Inc., the maker of military, work and western boots, reported consolidated net revenues for the first quarter of fiscal 2016 of $31.7 million as compared to $29.2 million for the first quarter of fiscal 2015. Net earnings ...
Tags: McRae Industries, Inc., footwear brandes, Sporting Goods
In an update on current trading and confirms its expectations for full-year 2015, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it is on track to achieve year-on-year revenue growth, with second-half revenue ...
Tags: IQE, epiwafer foundry, Electronics
Japanese UV LED manufacturer Nikkiso is collaborating with Formosa Plastics Group to build the world’s largest UV LED factory in Taiwan, reported Japanese media Nikkei. The UV LED factory will be entering mass volume production ...
Tags: UV LED, fluorescent UV lamps