Turbon AG adjusts forecast amid global challenges

Turbon AG adjusts forecast amid global challenges

In the face of economic challenges in Germany and the Middle East conflict, Turbon AG revises its fiscal year earnings forecast amidst transforming its business model, including revitalising its laser cartridge division and expanding electronic manufacturing services....
Germany: Corporate insolvencies increase

Germany: Corporate insolvencies increase

The number of corporate insolvencies increased in Germany in July, the Federal Statistical Office announced on Friday (11 August). Recent data published by the Federal Statistical Office (Destatis) indicates a significant shift in insolvency trends within Germany....
Germany’s semiconductor ambitions soar

Germany’s semiconductor ambitions soar

In a groundbreaking deal with the German government that is set to redefine Europe’s semiconductor landscape, industry giants TSMC, Bosch, Infineon, and NXP Semiconductors have united to invest over €10 billion ($11 billion), which will propel Germany’s...
82% of German companies still fax

82% of German companies still fax

By e-mail, in chat or in the cloud, there are now many digital ways to send documents. Nevertheless, German companies continue to hold on to a classic of analogue communication, the fax machine. Overall, 82% of companies in Germany still fax. A third (33%) of the...
Amazon and Brother sue counterfeit ring in Germany

Amazon and Brother sue counterfeit ring in Germany

Amazon and Brother announced legal action against 18 suspected members of a Germany-based counterfeiting ring. Amazon said in its announcement that the accused attempted to deceive customers by selling counterfeit toner cartridges marketed as genuine products. This...