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Home > Price Wars
2015-10-30

Price Wars Push Down MLS’s 3Q15 Net Profit by 80%

MLS announced its revenue for 3Q15 was down 8.62% year on year (YoY) to RMB 887 million (US $139.7 million). The company’s net income attributable to shareholders was plunged 79.32% YoY to RMB 17.19 million (US $2.7 million).
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2014-12-04

Seeking Alpha: Cree Impacted by Top Players Price War Strategies

Cree shares lost nearly 40% of their value over the past year, as GE and Philips launched more aggressive business strategies on the market.
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