Yingli Green signs fourth-quarter supply deal with Czech Republic's CTP InvestAugust 26th, 2009 Yingli Green signs supply deal with CTP InvestWASHINGTON — Solar cell maker Yingli Green Energy Holding Co. and CTP Invest spol, a Czech-based commercial property developer have signed a supply agreement.
BHEL, BEL to float joint venture for solar panels facilitySeptember 1st, 2009 BANGALORE - State-run Bharat Heavy Electricals Ltd (BHEL) and Bharat Electronics Ltd (BEL) will form a Rs.20 billion (Rs.2000 crore) joint venture by March 2010 to manufacture 250mw solar photovoltaic (PV) production facility for processing silicon wafers, solar cells and PV modules, a top company official said Tuesday. "The joint venture with 50:50 equity holding will be set up where abundant power will be available.
Toyota to invest Rs.8 bn more in India plantJune 24th, 2009 BANGALORE - Japanese auto major Toyota Motor Corporation (TMC) will invest an additional Rs.8 billion ($165 million) in its Indian joint venture with the Kirloskar group to expand capacity of its Bangalore plant and roll out a small car for the domestic market, Karnataka Industry Minister Murugesh R. Nirani said Wednesday.
GM investing more than $21M at Flint plant to build 2011 Chevrolet light-duty crew cab truckSeptember 21st, 2009 GM investing $21 million in Flint Assembly plantFLINT, Mich. — General Motors Co.
BlackBerry posts $643 mn profitJune 20th, 2009 TORONTO - BlackBerry maker Research In Motion (RIM) has reported a profit of $643 million for the first quarter of the year, compared to $518.3 million posted during the previous quarter. However, its quarterly revenue was slightly dwon at $3.42 billion from $3.46 billion in the previous quarter.
Samsung India targets 25 percent turnover growthFebruary 4th, 2009 CHENNAI - Consumer durables major Samsung India Electronics Ltd, which reported a turnover of $1.7 billion in 2008, is targeting 25 percent growth this year, a top official said here Thursday. 'We don't see any serious slowdown in our sales owing to the economic slowdown.
Coinstar sells gumball and video game business to focus on Redbox DVD kiosks and coin changersSeptember 9th, 2009 Coinstar sells gumball and video game businessBELLEVUE, Wash. — Coinstar Inc., the owner of the DVD vendor Redbox, said on Wednesday that it has closed the sale of its business of coin-operated gumball machines, children's rides, and video games.
Bismuth-based crystalline material can boost solar cell efficiency, chip designFebruary 21st, 2009 WASHINGTON - Physicists have discovered unusual electronic properties in a material that has potential to improve solar cell efficiency and computer chip design. They determined that a crystal made of bismuth, iron and oxygen can perform an electronic feat typically not feasible with conventional semiconductors.
Motorola sells fiber-to-the-node product line, terms not disclosedJuly 8th, 2009 Motorola sells fiber-to-the-node product lineSCHAUMBURG, Ill. — Motorola Inc.
Toyota to suspend production at Japanese line amid plans to lower annual outputAugust 26th, 2009 Toyota to cut production capacity at Japan factoryTOKYO — Toyota Motor Corp. said Wednesday it plans to cut production capacity at one of its factories in Japan.
With new material, invisibility cloaks near realityMarch 14th, 2009 WASHINGTON - Researchers have created a light-bending material that could be the key to high-powered optics, ultra-efficient solar cells and even invisibility cloaks, a la Harry Potter's indispensable tool. Nanophotonics scientist Naomi Halas and graduate student Nikolay Mirin at Rice University in Houston, Texas created a metamaterial that collects light from any direction and emits it in a single direction.
AP Source: GM to assemble Volt batteries at new factory south of Detroit, creating 100 jobsJuly 17th, 2009 AP Source: GM to open battery plant near DetroitDETROIT — A person briefed on the decision says General Motors Corp. will build battery packs for the Chevrolet Volt electric car at a facility south of Detroit.
Supertex shares rise after analyst upgrades stock to 'buy;' Samsung LED TV demand is driverSeptember 15th, 2009 Supertex shares rise after analyst upgradeNEW YORK — Shares of chip maker Supertex Inc. were up more than 5 percent Tuesday after an analyst upgraded the stock to "buy" based on its position as the sole supplier of drivers for Samsung Electronics Co.
Nokia to plant sapling for every old handset returnedDecember 30th, 2008 BANGALORE - Global telecom major Nokia India will plant a sapling for every old mobile handset or accessory deposited with its dealers or customer care centres in this tech hub from Jan 1, the company said Wednesday. 'We want to educate mobile users on the importance of recycling e-waste.
Nikon seeks lower import duties in IndiaJune 11th, 2009 NEW DELHI - Digital imaging products manufacturer Nikon Corp is hoping for a reduction in countervailing duty and additional duty in the 2009-10 budget to enable it stay more competitive against grey market products being sold in India. "Sales as much as 30 percent are impacted due to cheaper alternatives in the black market.
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