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China Solar Poly-Si Wafer Makers Lower Capacity
Sep 15, 2016Some China-based solar-grade polycrystalline silicon wafer makers, in view of high inventory levels due to weak demand, have decreased the utilization of production capacities from 80-100% originally to 50-60%, according to industry ...
Tags: silicon wafer, PV
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Unsecured Creditors Objects to Sports Authority's Plan
Apr 5, 2016The unsecured creditors committee in the Sports Authority’s bankruptcy case has filed a strong objection to the retailer’s proposed DIP financing package. The committee, representing largely vendors and landlords, called it a ...
Tags: Sports Authority, DIP
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Why Is Spotify Paying Out $21 Million?
Mar 21, 2016Working out how to divvy up capital in the music industry is challenging, but Spotify’s making progress. Spotify is set to pay out an impressive $21 million to artists and publishers in unpaid royalties. The market-leading ...
Tags: Spotify, Artists, publishers, Computing
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Official of the Department of Foreign Assistance Comments on the Foreign Assistance Measures Announced by President Xi Jinping at the UN 70th Anniversary Summits
Nov 25, 2015On October 3, Official of the Department of Foreign Assistance made comments on the foreign assistance measures announced by President Xi Jinping at the UN 70th anniversary summits. The official said that, in the end of September, ...
Tags: UN 70th anniversary summits, foreign assistance measures
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Painful Situations Be Unavoidable in Mature Phase
Oct 15, 2015“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
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Epistar Rumored to Raise Number of Layoffs
Oct 14, 2015Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
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LEDinside:LED Chip Market Sees Oversupply as China Accounts for 47% of Global MOCVD Capacity
Oct 14, 2015According to the latest 2015 Global LED Industry Supply and Demand Database Report by LEDinside, a division of TrendForce, capacity expansion efforts of Chinese LED chip manufacturers have resulted a supply glut with this year’s LED ...
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LED Chip Market Sees Oversupply as China Accounts for 47% of Global MOCVD Capacity
Sep 23, 2015Capacity expansion by Chinese LED chip makers has resulted in a supply glut, with this year's LED chip supply-demand ratio reaching 22%, according to the latest '2015 Global LED Industry Supply and Demand Database Report' by LEDinside (a ...
Tags: LED Chip, MOCVD Capacity
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African Mine
Apr 21, 2015State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone. Shandong Steel had earlier acquired a 25 percent ...
Tags: Steel Firm, Iron Group, Steel Group
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Karmaloop Begun a Formal Restructuring and Set a Sales Auction Process
Mar 27, 2015Karmaloop Inc., a 15 year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, has begun a formal restructuring and set a sales auction process. The restructuring and new ...
Tags: Karmaloop Inc, Brand val, Sporting Goods
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Credit Cards Are Widely Used in China in 2014
Feb 17, 2015Chinese people used more credit cards last year, fresh evidence that the nation's traditionally frugal residents are looking for credit cards for everyday purchases. Chinese banks issued a total number of 455 million credit cards by the ...
Tags: Credit Cards, card holders
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CA Has Announced The Pricing of Its Offering of $55m of 6.00% Convertible Senior Notes
Feb 15, 2015Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has announced the pricing of its offering of $55m of 6.00% convertible senior notes due 2020. The notes will be offered and ...
Tags: components, modules, optical communications
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The Wet Seal Said It Was Closing 338 Retail Stores or Around 66 Per Cent
Jan 9, 2015Specialty womenswear retailer, The Wet Seal said it was closing 338 retail stores or around 66 per cent of its store count, effective on or about January 7, 2015. The apparel retailer decided to close the stores after assessing its ...
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Only Five Per Cent of All Monument Valley Downloads on Android Were Paid for
Jan 6, 2015Developer ustwo has revealed only five per cent of all Monument Valley downloads on Android were paid for. Monument Valley was one of the break out mobile hits of 2014, earning itself a spot in Apple’s 2014 Awards list. But ...
Tags: Android, CES, Consumer Electronics
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DoL Found Widespread Violations in Paying Wages in Southern California Garment Industry
Nov 18, 2014The United States Department of Labour (DoL) has found widespread violations by employers in paying wages to workers in the Southern California garment industry. In fiscal year 2014, DoL’s Wage and Hour Division conducted 221 ...
Tags: unpaid wage, minimum wage, Apparel