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Hershey to acquire iconic Chinese confectionery firm

2013-12-19 22:52:08| Food - Topix.net

Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company - and the remaining 20% in 2015.

Tags: firm chinese acquire hershey

 

Chinese Man Heads to US Prison for Microchip Smuggling Attempt

2013-12-19 17:34:43| TechNewsWorld

A Chinese citizen was sentenced to three years in U.S. prison Wednesday for trying to smuggle American-made microchips from California to China. The man, Philip Chaohui He, was targeted in a 2011 sting at a Los Angeles-area port. He was nabbed while approaching a Chinese freighter, toting with him 200 radiation-hardened microchips tucked inside a tub of baby formula.

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Washington Post reports servers attacked, suspects Chinese hackers

2013-12-19 13:40:42| InfoWorld: Top News

The Washington Post's servers were recently broken into by a group of unknown origin that gained access to the user names and passwords of its employees, the paper said on Wednesday.

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Mouser Electronics Wins Major Chinese Distributor Award From EEPW

2013-12-19 01:07:23| electronicsweb News Articles

Mouser Electronics, Inc., a leading engineering resource and global distributor of semiconductors and electronic components, recently announced it has received the prestigious “2013 Achievement Award – Editor’s Pick – Most Favorite Catalog and Online Distributor in China” from Electronic Engineering & Product World for Engineering Managers & Designers Magazine

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Hershey to acquire majority stake in Chinese confectionery firm SGM

2013-12-19 01:00:00| Food Processing Technology

Hershey Netherlands, a wholly-owned subsidiary of chocolate producer The Hershey Company, has entered into an agreement to buy an 80% stake in Chinese confectionery firm Shanghai Golden Monkey Food (SGM), for an undisclosed amount.

Tags: firm chinese majority acquire

 

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