"Semiconductor manufacturing is growing and rapidly transforming with the rise of the 4th Industrial Revolution. AE is at the forefront with power solutions that enable smaller features, faster processes, tighter control and lower cost of ownership, which our customers rely on to make the chips that fuel the data economy," said Peter Gillespie, vice president and general manager, semiconductor, Advanced Energy. "Formerly almost hidden from view, process power is now increasingly recognized as a critical enabler in wafer processing. We look forward to sharing our products that 'power the process' as well as exhibiting, for the first time, products that 'power the platform' with AE's Artesyn Embedded Power portfolio of offerings." … [Read more...] about Advanced Energy to Introduce Three New Process Power Products During SEMICON West 2020
Non performing products
Hanoi (VNA) - The HCM City Development Joint Stock Commercial Bank (HD Bank) reported impressive results on August 3 for the first half of 2020, with pre-tax profit growing 31.5 percent year-on-year to over 2.9 trillion VND (124.3 million USD). Its non-performing loan ratio was kept firmly under control, at 1.1 percent, the lowest among all the domestic banks. Several indicators for the first half posted strong growth. Total mobilised capital, for instance, reached close to 213.94 trillion VND, a year-on-year increase of 18.2 percent, while total outstanding loans rose 10.3 percent to more than 168.77 trillion VND. The bank also recorded a 22.7 percent increase in total consolidated operating income, exceeding 6.34 trillion VND. This included over 5.66 trillion VND in net interest income; 30.1 percent higher than in the same period last year. Operating costs were well-managed and stood at nearly 2.74 trillion VND, making its cost income ratio (CIR) fall to 43.1 percent from last … [Read more...] about HD Bank’s profit up 31.5 pct. in H1
In Viet Nam, 82 per cent of year-end shoppers agreed that they looked for sales and bargains. Seventy per cent of surveyed shoppers say the Tet period was a good time to find the best deals. In fact, businesses in Viet Nam reported an increase in number of orders by almost two-three times compared to normal days during the three biggest shopping days, including November 11, Black Friday (last Friday of November) and December 12, according the survey. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3
As Vietnam has to wait for another year for the bill on preventing and fighting against the harmful effects of alcoholic beverages to be revised and completed, many streets across the country will remain day and night filled with beer shops and the “Cheers” sound of drinking toasts. … [Read more...] about Why do Vietnamese drink so much?
Owing to the outbreak of the pandemic and lockdowns in different countries, the Group's automobile glass business has been slightly affected. In the first half of 2020, the Group has still maintained its position as the largest exporter of automobile glass in the aftermarket of China. Revenue slightly dropped by 2.0% to HK$2,161.1 million. Gross profit remained stable at HK$1,008.4 million and gross profit margin increased slightly to 46.7%, compared with the same period last year. As overseas markets have re-opened, the demand for automobile glass has improved. This, coupled with the Group's flexible and dynamic marketing strategy, have contributed to a resumption of the growth trend in orders for automobile glass since May. Meanwhile, the Group is also gradually expanding the overseas market outside of North America, which could mitigate the impact of fluctuating tariffs on its export operations and could be favorable to the long-term healthy development of its business. … [Read more...] about Xinyi Glass Announces 2020 Interim Results