industry

The Chinese mainland now accounts for 41 percent of global semiconductor consumption market, an increase of 3 percentage points from the previous year, thanks to its increasing share of the global production of electronic devices such as mobile phones and computers, Pricewaterhou...
Google on Wednesday unveiled boutiques.com, a shopping site designed to help users find clothes and other items that suit their personal tastes. Different from how people buy cameras and other so-called "hard goods," fashion shopping is about discovering something that fits their ...
Apple Inc. on Wednesday announced that Ronald Sugar, former chief executive officer (CEO) of Northrop Grumman, has joined its board of directors. Sugar served as chairman and CEO at Northrop Grumman from 2003 until his retirement in 2010 from the aerospace and defense technology ...
Lee Jae-yong, current chief operating officer (COO) and son of Samsung chief Lee Kun-hee, is about to be promoted to be president of Samsung Electronics, the chairman told local reporters Wednesday. According to media reports, Chairman Lee Kun-hee, when asked by reporters, said ...
Major Chinese refineries' refining margins for Oman crude, a representative of imported crude, climbed in late November, due to lower feedstock costs. On the basis of integrated oil products wholesale prices on Nov 24, the theoretical margins for refining Oman crude was Yuan 1...
p>China's LPG imports in October plunged by 64% from the previous month to 166,797mt, showed data from the General Administration of Customs. The sharp decline was mainly because of sufficient supply of homemade LPG and moderate-to-hefty stocks held by LPG importers, market ...
Autodesk Inc plans to expand sales of 2D and 3D design software in China in core industries including construction, manufacturing and media sectors and banks on its biggest single research center in Shanghai to develop products tailored for the Chinese market as well as globally, ...
The online commerce operator Alibaba.com Ltd, partly owned by billionaire George Soros, is seeking to further improve the security and quality capabilities of its merchants, a move that will enhance revenue as it expects to make $200 billion this year from the business-to...
Norwegian energy company Statoil said Monday it found major risks with drilling at the Gullfaks oil and gas field, echoing a government report. The Petroleum Safety Authority Norway said in its most recent report that planning and drilling operations at the oil and gas field were ...
Asian PX prices on Monday declined. Prices fell as the regional buying pulse floundered. Softer global energy rates, a decline in prices of Isomer MX and a slide in downstream PTA together weighed down bearishly on spot PX prices. FOB Korea prices of PX were assessed down at the ...
China's largest online video website, Youku, is racing with arch rival Tudou to float shares in the United States as severe competition requires more spending on patented content and Internet bandwidth. Beijing-based Youku yesterday filed the application for an initial public ...
Dell Inc, the world's third-biggest maker of personal computers, plans to ship China-made computers directly to customers in Taiwan by the end of November, a senior Dell official said Monday. Taiwan-bound products will come out of Dell's flagship center in Xiamen, which includes ...
Bangkok - Indorama Ventures has signed a definitive agreement to acquire Invista's polyethylene terephthalate (PET) polymer and resins production units in Spartanburg, S.C., and Queretaro, Mexico, for $420-million less certain assumed liabilities. The planned acquisition involves ...
China Great Wall Industry Corporation (CGWIC) agreed Tuesday to buy 20 rockets and eight telecommunications satellites from two Chinese technological institutes Tuesday. CGWIC, China's only satellite launcher for overseas customers and its sole satellite exporter, will buy 20 ...
Asia's phthalic anhydride producers were unable to use an arbitrage opportunity to sell their product into the US even as a difference of about $220/mt developed between the price in Asia and the US, industry sources said this week. Last Thursday, PA was assessed at $1,210/mt CFR ...
Chilean plastics producer Sigdopack halved its losses in the third quarter of the year to $4.2 million, compared with $8.7 million in the same period of last year, parent company Sigdo Koppers said in its latest quarterly results released late Monday. The company, which produces ...
Despite generally downbeat market predictions for 2011, some analysts, such as Henry Wu, head of China equity research at Nomura Securities, are bucking the trend by predicting a rebound, expecting a boost from undervalued banking and property shares despite inflationary risk and ...
China's telecommunications fee and consumer complaints declined in the first eight months of this year, indicating the sector was becoming more competitive and transparent, the industry regulator said. From January to August, the telecommunications fee dropped 11.4 percent year...
Even a large appreciation of the yuan will not substantively reduce China's trade surplus with the United States, as US operations in China are the major source of the bilateral trade imbalance, said a vice-minister of commerce on Wednesday. "Any adjustment to the yuan exchange ...
China's Internet industry will see more companies float IPOs in the US, and the trend is expected to continue, as the industry maintains its record of strong growth, analysts said Monday. "It is not that easy for Internet companies to go public domestically, since authorities ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...