china

Earnigns: Ossen Innovation Revenues Down $OSN

Ossen Innovation Co., Ltd., a Chinese manufacturer of rare earth and zinc coated pre-stressed steel materials, has announced its first quarter results for FY-2015. The results shows Revenue of $26.8 Million down by -4.3%  YoY, while EPS went up by 79.1% to $0.04. Quarterly Fiscal Highlights: Revenues went down to $26.8 Million from $28.0 Million fall by -4.5% Gross profit …

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News: Qualcomm JV with SMIC for Nano Chips $QCOM

US Technology Giant Qualcomm Inc., came to an agreement with SMIC Semiconductor Manufacturing International Corporation SMIC, Huawei and Belgian firm Imec to create a Joint venture for advanced 14-nanometer chips. The JV will also help SMIC China to boost its Internationally technology, the firms also pays $975 million fine for the above JV. View the full …

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