China strongly opposes the United States International Trade Commission's decision that wood moldings and other millwork from China harm the US wood product industry, according to its Ministry of Commerce.
Korea s Prime Minister urges LG, SK to settle battery dispute
Posted : 2021-01-28 16:01
Updated : 2021-01-28 17:51
Prime Minister Chung Sye-kyun speaks at the start of an industry forum held in Mok-dong, southwestern Seoul, Thursday afternoon. Yonhap
By Kim Yoo-chul
A few weeks before the planned final ruling of the United States International Trade Commission (USITC) on the battery trade secrets dispute between LG Energy Solution and SK Innovation (SKI), a top Korean government official urged the two firms to settle the case. Simply, I can say you don t have to fight for small stakes. I hope the two companies settle the issue immediately and join forces for the global market. As far as I understand, U.S. politicians are hoping the companies will address the dispute at the earliest possible date, Prime Minister Chung Sye-kyun said at an industry forum, Thursday.
Unifi Announces Significantly Improved Second Quarter Fiscal 2021 Results
Stronger than expected performance and focused execution drives one of the best quarterly margin and profitability performances over the last decade
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GREENSBORO, N.C., Jan. 27, 2021 /PRNewswire/
Unifi, Inc. (NYSE: UFI), one of the world s leading innovators in recycled and synthetic yarns, today released operating results for the second quarter of fiscal 2021, which ended December 27, 2020.
Second Quarter Fiscal 2021 Overview
Net sales were $162.8 million, a decrease of 4.0% year-over-year, but an increase of 15.0% sequentially from the first quarter of fiscal 2021.
Revenues from REPREVE
® Fiber products represented 37% of consolidated net sales, a new quarterly record.
SHANGHAI (Reuters) - Shares in Apple Inc supplier Luxshare Precision Industry Co Ltd fell as much as 9.5% on Monday, amid fresh concerns about a patent infringement investigation filed against it from the United States. On Sunday, in a stock market filing, the company said it had been informed of two notices issued by the United States International Trade Commission (USITC) regarding a Section 337 investigation filed against it by U.S.-based Amphenol Corp, alleging IP infringement. Luxshare said it had hired a team of lawyers to respond and would follow procedure on the investigation, without elaborating, but re-iterated that the case will not have a material impact on its current operations and production.
By Reuters Staff
2 Min Read
SHANGHAI (Reuters) - Shares in Apple Inc supplier Luxshare Precision Industry Co Ltd fell as much as 9.5% on Monday, amid fresh concerns about a patent infringement investigation filed against it from the United States.
On Sunday, in a stock market filing, the company said it had been informed of two notices issued by the United States International Trade Commission (USITC) regarding a Section 337 investigation filed against it by U.S.-based Amphenol Corp, alleging IP infringement.
Luxshare said it had hired a team of lawyers to respond and would “follow procedure” on the investigation, without elaborating, but re-iterated that the case “will not have a material impact” on its current operations and production.