Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that, for first-half 2017, it expects revenue of about £70m, reflecting increased sales in each of its three primary markets. “All business units have ...
China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year. Analysts said the low consumer ...
Tags: retail inflation, vegetables, food prices
Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
China's producer price index (PPI), which measures costs for goods at the factory gate, beat market expectations to reach a five-year high in November, official data showed Friday. The reading rose 3.3 percent year on year, the highest ...
Tags: PPI
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
The company revealed that Stretch Armstrong and its major product lines have all performed well. Character Options has announced its latest trading statement, revealing that the board expects to deliver results for the year ended August ...
DFS has reported a continued strong performance in its H2, with revenue up 7% YOY, and also up 7% for the whole financial year. In light of this, the retailer expects to deliver a record performance this year, with results towards the upper ...
ScS has seen momentum continue since its 9th June trading update, with total LFL sales order intake having increased by 14.8% for the 53 weeks ended 30th July. As a result, the group expects to report profits in line with current market ...
Tags: ScS, EU referendum campaign
China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...
Tags: steel oversupply, steel
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
Digital coated papers producer, Verso has introduced specialized line of digital coated papers for production inkjet presses, expanding the commercial Sterling Ultra line. The new line of product, known as Sterling Ultra TrueJet, ...
Tags: Ultra Truejet, Verso
When it comes to pricing and market expectations, 2015 was another tough competitive year for packaged LED vendors, with challenges in both backlighting and lighting, comments Jamie Fox (principal analyst for Lighting and LEDs at IHS ...
Tags: LED market, Packaged Led Maker, Samsung
Suppliers in the PC and handset supply chains have begun to worry about piling up inventories of parts and components as current demand for PC and handset products has been falling short of market expectations, according to industry ...
Tags: PC, Handset, smartphone