Krones, a manufacturer of filling and packaging technology, continued its stable growth in the first three quarters of 2016. Despite economic uncertainties and intense competition, revenue improved 4.8% year-on-year from €2,270.7 ...
Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
For full-year fiscal 2016 (ended 26 June), Cree Inc of Durham, NC, USA has reported revenue of $1.62bn, down slightly on $1.63bn for fiscal 2015, as growth in commercial lighting and stable LED revenue was offset by lower consumer lighting ...
Tags: Cree Inc, revenue report, LED products
Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market
Unity Opto’s consolidated revenue in July dropped 37.4% YoY to NT $500 million (US $15.79 million), according to a UDN report. Compared to June, revenues in July were down 16.6%, the company stated. Low LED bulb prices in the ...
Tags: Unity Opto, LED bulb, LED lighting
Although Advanced Semiconductor Engineering Inc. (ASE), reportedly the world's No.1 pure IC assembler, posted reduced earnings in the second quarter, the company remains upbeat about its business outlook for the third quarter due to having ...
Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...
Tags: auto parts, auto accessories
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into a definitive agreement to sell its ...
FGL Sports' retail sales and same store sales were both up 8.6 percent in the fiscal first quarter ended April, 4 as same store sales at its flagship Sport Chek chain grew 8.7 percent, according to financial results released Thursday ...
Tags: FGL Sports, Canadian Tire
Industry executives forecast the consolidated revenue of machine-tool maker Tongtai Machine & Tool Co., Ltd. of Taiwan to rise over 20 percent year on year to NT$10 billion (US$322.58 million) by the end of this year, basing such optimistic ...
Tags: machine-tool, Tongtai Machine&Tool
Hiwin Technologies Corp., a major Taiwan-based manufacturer of linear guide ways and ball screws, reported revenue of NT$15.08 billion (US$471.25 million) throughout 2014, rising 21.3% from 2013's NT$12.44 billion (US$388.81 million) to ...
Chairman Jimmy Chu of the Fair Friend Ent. Group (FFG) announced that his company will enter into alliance with Aerospace Industrial Development Corp. (AIDC) to develop and manufacture composite materials for aircrafts. FFG, Taiwan's ...
Tags: manufacture composite materials, aircrafts, Manufacturing
Goodway Machine Corp. and Tongtai Machine & Tool Co., Ltd. are expected to join the NT$10 billion (US$322.58 million at US$1:NT$31) revenue club of Taiwan's machine-tool sector in Taiwan with consolidated revenue in 2015. Only a handful ...
Tags: machine-tool sector, Manufacturing
LED Epitaxial wafer and chip maker Epistar expects its consolidated revenues for December to increase significantly on month mainly due to orders from China-based LCD TV vendors with urgent shipments to meet peak demand before the 2015 ...
Tags: LED Epitaxial wafer, chip maker, LCD TV backlighting, Lights