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Kenya: Mumias Sugar Books Sh4.6 Billion Annual Loss

2015-10-01 09:26:33| Sugar Industry News

Mumias Sugar has almost doubled its loss to Sh 4.6 billion in the 12 months to June 2015 blaming closure of factory and poor sugarcane delivered for the poor result.

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Annual Revenue for Drone Tech for T&D Expected to Reach $4.1 Billion by 2024

2015-09-30 17:05:00| Transmission & Distribution World

A new report examines the market for drone and robotics technologies for transmission and distribution read more

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Three Weeks Into New Job, Fortum CEO Faces $10 Billion Question

2015-09-30 09:13:09| Appliances - Topix.net

One of Pekka Lundmark's first jobs as Fortum Oyj's new chief executive officer is to decide how to spend the $9.7 billion cash pile at Finland's richest company. Lundmark took over the helm at the utility on Sept.

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Deft Touch With iPhone Screens Made This Entrepreneur $7 Billion

2015-09-30 08:12:56| Electronics - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Every time you've swiped the screen on a new iPhone or entered keystrokes on your Galaxy, you may have helped make Yeung is the founder and chief executive of Hong Kong-based Biel Crystal Manufactory Ltd., one of the biggest suppliers of cover glass to Samsung Electronics Co., the world's two leading smartphone manufacturers.

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iPhone Screens Made This Hidden Entrepreneur $7 Billion

2015-09-30 06:27:55| Semiconductors - Topix.net

Every time you've swiped the screen on a new iPhone or entered keystrokes on your Galaxy, you may have helped make Yeung is the founder and chief executive of Hong Kong-based Biel Crystal Manufactory Ltd., one of the biggest suppliers of cover glass to Samsung Electronics Co., the world's two leading smartphone manufacturers. His control of the closely held business and ability to fend off competitors such as publicly traded Lens Technology Co., has given Yeung a net worth of $7.2 billion, according to the "In the field of cover glass, Biel has always been the market leader," said Terry Yu, a Shanghai-based analyst at IHS Technology.

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