LED manufacturers had an especially tough year in 2015. Despite rising LED lighting market demands, and large scale replacements of traditional luminaires, the oversupply situation in the market has caused average sales price (ASP) of LEDs ...
Tags: LED Industry, LED package
South Korean carmaker Hyundai Motor is looking to launch Sonata plug-in hybrid electric vehicle (PHEV) sometime between October and November this year to seize the driver’s seat in the eco-friendly domain in the country. "We plan to ...
Tags: Hyundai, Sonata Phev, 2015-End
Volvo Cars has stopped the production of XC90 SUV variant at its factory in Torslanda, Gotaland County, Sweden to accommodate production of the next-generation of the XC90. The company said it will continue XC90 production at its new ...
Tags: Volvo Cars, XC90 SUV, Auto Parts
Garment manufacturers from Hong Kong have entered into an agreement to set up their first industrial park in Myanmar, reports the South China Morning Post. The apparel park would be set up on 200 hectare area in Yangon, the former ...
Chinese raw milk producer YuanShengTai Dairy Farm (YST) has raised $425m through initial public offering (IPO) in Hong Kong. Headquartered in Qiqihar, China, YST produces and sells premium raw milk to dairy products manufacturers, ...
Tags: Yuanshengtai Dairy
Japanese tiremaker Bridgestone has unveiled plans to ramp up production at its facility Pune, Maharashtra, India, by 2015-end, with an investment of INR26bn ($421.2m). Bridgestone India operations managing director Tomio Fukuzumi was ...
Tags: Bridgestone, Tire Production
A super large gold mine discovered in Xinjiang recently has been in detailed survey stage and is predicted to come into production at 2015 end. The mine is expected to produce 3 tons of gold and 5,000 tons of copper annually, with potential ...
Tags: Metallurgy, Mineral, Energy, Gold Mine
Business Standard reported that NPCIL-Nalco Power Company Limited a JV between Nalco and NPCIL to set up nuclear plants will raise a term loan of up to INR 1,500 crore over the next three months to fund the construction of power generation ...