13 Nov 2023 Amid the slowdown in domestic manufacturing industry affected by macroeconomic uncertainties, demand for CNC machine tools were sluggish as customers suffered insufficient rate of operation, Precision Tsugami (China) (PTC) 1H24 revenue decreased by 32.1% YoY to Rmb1.5bn.
13 Nov 2023 According to the latest data from MIIT, China’s telecom business revenue steadily grew 6.8% YoY to Rmb1,281.3bn in 9M23. New businesses (IPTV, IDC, big data, Cloud computing, and IoT) remained key growth momentum for telecom industry. In
09 Nov 2023 Pentamaster’s 3Q23 revenue increased 16.1% YoY from MYR155.6m in 3Q22 to MYR180.7m. Automated Test Equipment (ATE) segment revenue declined 3.3% YoY to MYR98.6m due to longer project lead time and revenue recognition varied quarter by quarter. Factory
30 Oct 2023 US GDP rose at a 4.9% annualized pace in the third quarter, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had been looking for a
17 Oct 2023 Anta announced its 3Q23 operational results, with retail sales of Anta brand up by HSD YoY, in which Anta core grew by HSD YoY while Anta Kids up by LSD YoY. In terms of sales channel, offline
16 Oct 2023 A string of Chinese industrial firms, ranging from construction machinery, infrastructure machinery and industrial machinery are going global through expanding their footprint in recent years. Despite the uncertainties and challenges in the global market, more and more
03 Oct 2023 China’s official manufacturing purchasing managers’ index (PMI) rose to 50.2 from 49.7 in August, the first time it has indicated expansion since March, according to the National Bureau of Statistics on Saturday. A PMI reading above 50
18 Sep 2023 Chinese catering industry is anticipated to grew by 18% YoY to Rmb5,178m in 2023, and with the social restrictions lifted earlier this year, the industry already rebounded by 21% YoY to Rmb2,433bn in 1H23. Hotpot industry is
18 Sep 2023 Chinese catering industry is anticipated to grew by 18% YoY to Rmb5,178m in 2023, and with the social restrictions lifted earlier this year, the industry already rebounded by 21% YoY to Rmb2,433bn in 1H23. Hotpot industry is
07 Sep 2023 Channel Micron’s 1H23 revenue plunged by 43% YoY to Rmb144.2m. Cleanroom wall and ceiling systems sales lowered by 45% YoY to Rmb130.3m on decreasing semiconductor factory investment in China due to US-China trade tensions. Cleanroom equipment segment
