Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment ...
Tags: Industrial Robot, Robot
Lenovo has announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenues were US$12.2 billion, a 6% decrease year-on-year. Third quarter pre-tax income was US$101 million, a 68% decline year-on-year. Net income ...
Tags: Lenovo, smart devices
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
Crown Holdings announced that Gerard Gifford has been appointed as executive vice president and chief operating officer effective 01 April 2017. In this new role, Mr. Gifford will continue to report to Timothy J. Donahue, President and ...
Tags: Crown Holdings, Beverage Packaging
Asia apparel expo-berlin is a major sourcing tradeshow for apparel production and the prime business event for european brands to meet with asian clothing manufacturers and garment suppliers in the centre of europe - in berlin. If ...
Tags: Footprints
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Ford Motor is launching a new project designed to help enhance air quality in London as the automaker accelerates its electrification plans with 13 new global electrified vehicles due for introduction in the next five years. The project, ...
Tags: Ford, Commercial Vans
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
Intersil has unveiled the ISL78693, a 3.6V single-cell battery charger that extends the life of Lithium Iron Phosphate (LiFePO4) batteries used in automotive emergency call (eCall) systems. The ISL78693 battery charger offers up to 4x ...
Tags: Intersil, Battery Charger
With AMD ready to release Ryzen CPUs and Vega GPUs, sources from the upstream supply chain expect the PC industry to stabilize and see a less than 5% on-year shipment drop in 2017, while PC and related component sales in the first quarter ...
Tags: PC Industry, CPU
What would be your prediction for lighting in 10 years’ time? Majority of commercial members won’t be supplying commodity type luminaires but in order to prosper will need to adapt to the need for more specialist products or ...
Tags: Lighting Industry, Lighting
China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
The Asian butadiene-naphtha price spread hit a seven-year high of $2,557.38/mt CFR last Friday amid extremely tight supply globally and strong demand for downstream products such as styrene-butadiene-rubber, SB latex and ...
Tags: Butadiene Naphtha, styrene
LED packaging service provider Unity Opto Technology expects smart lighting, high-end backlighting and infrared (IR) applications to drive business growth and hike overall gross margin by 3-5pp in 2017, according to company chairman Wu ...
Tags: LED Lighting, IR Devices