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Tag: china
Apple revenues fall 15%, as iPhone, China sales drop
2016-07-26 22:46:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues of USD 42.2 billion for its fiscal third quarter to June, down from USD 49.6 billion a year ago and towards the high end of its outlook of USD 41-43 billion. The company's gross margin dipped to 38 percent from 39.7 percent in the year-earlier period, also coming in at the end of expectations. Net profit fell to USD 7.8 billion or USD 1.42 per share, from USD 10.7 billion or USD 1.85 per share. Apple CEO Tim cook said the results "reflect stronger customer demand and business performance than anticipated at the start of the quarter" and a successful launch of the iPhone SE. The launch of the cheaper iPhone led to a 23 percent year-on-year drop in revenues from smartphones to USD 24.0 billion, on a 15 percent fall in unit sales to 40.4 million. Compared to the previous quarter, iPhone revenues fell 27 percent and unit sales were down 21 percent.
Spandex and PTMEG Prices in China (Monthly Report)
2016-07-26 19:06:47| EmergingTextiles.com
The spandex market is currently very depressed, with a lack of demand from downward processors trying to reduce their material costs. Our monthly report covers spandex and PTMEG prices on the domestic Chinese market, with gross margin trends at spandex plants on a daily and monthly basis. Daily data over the last 12 months are available for download.
Tags: report
china
prices
monthly
China Yarn Prices: Domestic and Import Markets (Weekly Report)
2016-07-26 19:06:47| EmergingTextiles.com
Yarn prices have further surged in the last seven days on China' domestic and import markets, with emerging signs of a stabilization in the new week, nevertheless. Our weekly report covers the China yarn domestic and import market indicators, as well as local market prices in Qianqing (Zhejiang). Prices of a large number of counts are released for spun cotton, polyester, viscose and blends. Import prices are also available for yarns from India, Indonesia, Pakistan, and Vietnam. Domestic and import yarn prices are compared. All data are available for download.
Tags: report
china
prices
import
China bans Internet companies from reporting news, tightens grip on media
2016-07-25 22:20:42| Extremetech
China's government has cracked down on Internet news sources and original reporting. From this point forward, major Chinese Internet services will only be allowed to carry official, government-sponsored news.
Tags: news
internet
media
china
Dystar sets up global innovation centre in China
2016-07-25 17:27:00| Daily apparel & textile news and comment - from just-style.com
Singapore-based dye manufacturer DyStar Group is setting up a global innovation centre at its Nanjing Colours production site in China to develop new environmentally-friendly dyes and chemicals.
Tags: china
global
centre
sets
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