2014-04-03

Zumtobel Axes Jobs to Improve Margins

Zumtobel announced plans of slashing 600 jobs, about 8 percent of its workforce to double operating profit margin by 2016 to 2017 and stay competitive against Asian manufacturers, according to a Reuters report.
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Samsung today announced a new edition of its large-format LED display, The Wall, marking a pivotal expansion to its Chip on Board (CoB) lineup. Like earlier models of The Wall, the MPF series optimizes viewing experiences across an array of en... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The laws... READ MORE