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Looking Towards Global Horizons
Aug 17, 2016Atlas Copco’s purchase of Italian manufacturer Varisco has enhanced its position in the pumps business and dewatering applications. We discover what Varisco brings to the group and how the Portable Energy division intends to move ...
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Swedish Telecom Equipment Maker Ericsson Signs Patent License Agreement with Apple
Dec 22, 2015Swedish telecom equipment maker Ericsson has signed a patent license agreement with Apple. Financial details have not been revealed. Meanwhile, Ericsson has estimated that its overall revenues from intellectual property rights this year ...
Tags: Ericsson, Apple, patent license
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Prabhat Dairy to Allocate $27.9m to Pare Down Debt
Sep 1, 2015India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders
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PV Systems Markets Heats up Due to Growing Demands
May 16, 2015China’s domestic PV demand continues to rise in May. Hence, the leading PV companies are now expanding their businesses into the downstream sector, focusing on PV system in particular. This in turn drives the capacity expansion ...
Tags: PV Systems, PV Moudle
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Philips Makes Wise Move Selling Lumileds Stake
Apr 15, 2015Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
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Niching 2014 Profits Set a Record in 3-Year
Apr 1, 2015IC packaging material and tool distributor Niching Industrial has posted net profits of NT$61.37 million (US$1.96 million) in 2014, up 116% on year and hitting a 3-year high. The earnings translated into a net EPS of NT$1.57. Niching ...
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LEDs Are Expected to Become The Lighting Technology of Choice Within The Next 10 Years
Dec 3, 2014The ongoing transition from fluorescent to LED lighting technologies amounts to a significant disruption for the lighting industry, potentially changing the methods by which lighting is provided and sold to customers. While conventional ...
Tags: LED Luminaires, Lights
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Performance Lacrosse Group Has Received Notification About NOCSAE
Nov 25, 2014Performance Lacrosse Group Inc., a subsidiary of Performance Sports Group Ltd. that owns Maverik Lacrosse and Cascade Helmets, has received notification that the National Operating Committee on Standards for Athletic Equipment (NOCSAE) will ...
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Finisar Reported Its Eighth Consecutive Quarter of Sequential Revenue Growth
Sep 9, 2014For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
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Tyson Foods Has Received Approval From The Antitrust Division of DOJ
Aug 29, 2014US-based meat producer Tyson Foods has received approval from the antitrust division of the US Department of Justice (DOJ) for its previously announced $8.5bn purchase of Hillshire Brands. DOJ said that Tyson Foods has agreed to sell its ...
Tags: Tyson Foods, DOJ, Food
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OEM Component Supplier Meritor Has Posted Profits
May 29, 2014OEM component supplier Meritor has posted profits through the first two fiscal quarters this year after 2013 resulted in losses. Overall, sales were up $54 million compared to the same period in 2013 — a six-percent sales gain, ...
Tags: OEM component, Meritor
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The Number Represents an on-Year Decline, Down From 140 Million in 2013
May 22, 2014LCD monitor shipments are expected to reach 135 million units in 2014, according to market observers. The number represents an on-year decline, down from 140 million in 2013. TPV is expected to hold a 37.4% share in 2014 followed by ...
Tags: LCD Monitor, LCD
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Lite-On Reports That Its Fourth-Quarter 2013 Consolidated Sales Reached NT$59.36 Billion
Apr 3, 2014Lite-On Technology has reported that its fourth-quarter 2013 consolidated sales reached NT$59.36 billion (US$1.95 billion), up 12% on year and 4% on quarter, hitting a 10-quarter record high. Net profits were NT$2.52 billion, up 9% on year ...
Tags: Lite-On Technology, LED lighting
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Lextar Has Reported It Consolidated Revenues for The Q4 of 2013 Reached NT$3.32 Billion
Mar 10, 2014Lextar Electronics has reported it consolidated revenues for the fourth quarter of 2013 reached NT$3.32 billion (US$109.55 million). The company's consolidated gross margin was 10.1%, while net profit for the fourth quarter was NT$33 ...
Tags: Lights, Lighting, Electronics, LED, LED Lighting
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Symantec Appears to Be Struggling in The Market It Should Be Dominating
Feb 8, 2014With Gartner predicting the rise of sales of security software, one of the top security software houses, Symantec, appears to be struggling in the market it should be dominating. The firm’s latest quarterly results for the third ...
Tags: security software, Security Market