2015-07-13

Leyard Estimates Small Pitch LED Display Order Revenue to Double in 2015

Leading LED small pitch display manufacturer Leyard, has seen continual growth in the industry as the company reaps benefits from transforming its LED plant into a wholly automated production line, according to an industry insider.
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2015-07-13

Absen Opto Revenue Slid 35%-45% in 1H15

In its latest fiscal report for first half of 2015, Absen Opto announced its net profit has declined compared to the same period a year before.
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2015-07-13

Ledman to Acquire LED Luminaire Company for RMB 230 M

Chinese LED manufacturer Ledman announced it is planning to acquire a new LED luminaire company as of July 8, 2015.
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2015-07-13

Cree Acquires Arkansas Power Electronics International

Cree, a market leader in silicon-carbide (SiC) power and RF products announced the acquisition of APEI, a global leader in power modules and power electronics applications. Combining two highly complementary innovators, the acquisition enables Cree’s Power and RF business to extend its leadership position and help to accelerate the market for high-performance, best-in-class SiC power modules.
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2015-07-09

Leyard Halts Trade Ahead of Two Upcoming Acquisitions

Chinese LED manufacturer Leyard has halted trade on China’s bourse as the company prepares to acquire Mingji Electronic Technology (Beijing) (Mingji) and LEDAVENUE.
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2015-07-09

San’an Opto Receives Most Subsidies from Chinese Government in 1H15

The Chinese LED industry is very familiar with subsidies, the country’s government has offered financial support to local companies since 2009. Subsidies issued by the central government over the last six years has spurred the explosive growth witnessed in the country’s LED industry. LED enterprises all want a share in government subsidies. Listed companies in particular often covet subsidies to give their financial performance a facelift. LEDinside editor Flora Wu has ranked manufacturers that have received the most subsidies in 2015 in the following order below:
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2015-07-09

MechaTronix Signs Agreement with European Distributor Avnet Abacus

Avnet Abacus, one of Europe’s leading interconnect, passive, electro-mechanical and power distributors and a business unit of Avnet Electronics Marketing EMEA, a business region of Avnet, has signed a pan-European distribution agreement with Taiwan-based MechaTronix, an important player in the global market for LED cooling solutions.
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2015-07-08

More LED Manufacturers Suspend Trade on China’s Bourse

Following China’s stock market nosedive in recent weeks, more domestic listed companies have chosen to suspend trade. More than 760 listed companies combined have suspended trade on the Shanghai and Shenzhen bourses as of July 7, which is roughly equivalent to 27% of the total companies listed on both bourses. More than 100 companies applied for trade suspension on July 6 alone.
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2015-07-07

NVC Lighting Sued Over Outstanding Loan Left by Former CEO

NVC Lighting recently was notified by Chongqing First Intermediate People's Court that a Chinese bank has filed a plaintiff against the company for outstanding loans left by former CEO Wu Changjiang.
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2015-07-07

Eight ETI Executives Increase Shareholdings in Company to Boost Investors Confidence

Chinese LED manufacturer ETI announced Monday, eight company executives will be increasing shareholdings in their company to boost investors’ confidence.
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2015-07-07

4Cabling Acquires e-Commerce Business OzLighting

Australia’s largest online retailer of server racks, network cabling, and fiber optics, 4Cabling, has successfully acquired 5 year-old e-commerce lighting retailer OzLighting.
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2015-07-07

LG to Invest $803M in OLED

LG Display will be investing 900 billion won (US$802.75 million) to build a new production line for small and medium OLED displays, reported Korean newspaper DongA Ilbo.
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2015-07-07

Nova Scotia Power Seeks CA$36M for LED Streetlight Conversion

Nova Scotia Power (NSP), is seeking regulatory approval of CA$ 36 million (US $28.43 million) to convert its streetlights to LED, reported The Chronicle Herald.
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2015-07-03

B.J. Lee Estimates 250 MOCVDs to Be Added Globally in 2015

Following Chinese governments declining subsidies in 2015, industry insiders projected a slowdown in global LED production capacity growth rates, according to a Chinese-language Commercial Times report. The industry, though, still faces oversupply situation as the total volume of MOCVDs will reach 2,000 this year, said Epistar Chairman B.J. Lee.
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2015-07-03

Osram in Talks with Chinese Companies and Other Potential Buyers of Lamp Business

German lighting manufacturer Osram has started a round of talks with potential buyers of its lamp business, the lineup of candidates includes several large Chinese lighting companies, according to a Reuters report.
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2015-07-02

ETI Subsidiary Receives Flip Chip and CSP Subsidies

In a company statement, Chinese LED manufacturer ETI announced two of its subsidiaries received in total RMB 70 million (US $11.28 million) subsidies from local governments.
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2015-07-02

Moso Lowers Revenue Outlook for 1H15

Chinese driver manufacturer Moso recently reported a pessimistic revenue outlook, reported Securities Daily.
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2015-07-01

Epistar Chairman: Lumileds Aims to Acquire Greater Market Share in China with Go Scale Capital Investment

Go Scale Capital’s ultimate motive for acquiring Lumileds is to list the LED chip company on the Chinese bourse, a Commercial Times report cited Epistar Chairman B.J. Lee saying at a recent company shareholder meeting.
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2015-07-01

Epistar Chairman Projects LED Orders to Rebound in 3Q15

LED market underperformed in 2Q15, due to waning backlight market during the quarter and cutthroat pricing competition in the lighting market, a CNA report cited Epistar Chairman B.J. Lee saying.
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2015-06-30

Breaking Down Material Costs in Cheap LED Luminaires

The LED industry market competition has intensified leading to price plunges, and even some LED lighting manufacturers releasing low priced products that have been given the “cabbage price” nickname, reported Chinese LED website Grand Lighting (Dazhaoming). Prices of international LED manufacturers mid to high range LED products remain high, creating a huge price difference.
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2015-06-29

Zumtobel Raises Profit Outlook as Restructuring Pays Off

Austrian lighting company Zumtobel restructures have helped the company turn around the EUR 4.8 million (US $ 5.32 million) losses it incurred in the last fiscal year, reported Austrian media Die Presse.
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2015-06-29

Samsung Signs LED Component Testing Agreement with CCIC for Products Shipped to China

Samsung Electronics has recently signed a LED lighting component and module partnership service testing agreement with China Certification & Inspection Group’s (CCIC) Korean branch, reported Qianjia.com.
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2015-06-29

Semicon Light Becomes Listed on the Korean Bourse

Semicon Light, a Korean company funded by Chinese LED manufacturer HC Semitek has been listed on the Korean bourse KOSDAQ on June 25, 2015.
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2015-06-26

Eaton Cooper Rebrands Lighting Business as Eaton

Eaton Cooper announced recently it has dropped the Cooper name for its lighting business, details of the transition can be seen in the statement below from Mark Eubank, Preident of Eaton’s Lighting Division.
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2015-06-25

Bulb Price Wars Drives Cree LED Business Restructure

Market competition in the North American bulb market has pressured Cree to restructure its LED business, said Roger Chu, Director, Research Division, LEDinside.
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2015-06-25

Cree Restructures LED Business

Cree, a market leader in LED lighting, today announced that the board of directors has approved the following: A restructuring of the LED Products business A $500 million stock buyback authorization for fiscal year 2016 The fiscal year 2016 annual operating plan that targets: Revenue to increase to $1.8 billion +/- Non-GAAP operating margin increasing to approximately 8% Free cash flow of approximately $75 million
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2015-06-24

Valeo Acquires 10% Stake in Aledia

Valeo announced that it has purchased a 10.5% stake in Aledia, by subscribing to a portion of Aledia’s capital increase. Aledia is a technology start-up dedicated to the development of cutting-edge LED technology for general and automotive lighting.
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2015-06-24

Panasonic Shuts Down Fluorescent Light Production in Indonesia

Panasonic intends to halt fluorescent lights in Indonesia by the end of June 2015, and will be laying off about 700 employees at the plant, reported Nikkei Asian Review.
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2015-06-24

Epileds Qualifies Aixtron MOCVDs for LED Mass Production

AIXTRON, a worldwide leading provider of deposition equipment to the semiconductor industry, announced today that Epileds, a leading supplier of LED chip products, has qualified the Company’s AIX R6 tool for LED epitaxy mass production.
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2015-06-24

Lighting Science Group Strengthens Global Sales Team with New Appointments

Lighting Science Group, a leading manufacturer of LED lighting solutions, announced today the appointments of three experienced sales leaders who will add broad business and industry expertise to its global sales team. Daniel Yasi joins the company as Senior Director of Commercial and Infrastructure Channels. Oscar Ibarra also joins LSG as Director of International Infrastructure Sales. Additionally, David Rubin joins the team as a Director of Commercial Markets. Dan, Oscar and David will play key roles in supporting and growing the Lighting Science product portfolio, with specific concentrations on expanding the commercial and infrastructure channels both domestically and internationally.
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MaxLite provides the nostalgic look and warmth of Edison-style filament incandescent bulbs with the energy-saving benefits of LED technology in its new Filament Lamp Series.
Designed for retail, residential and hospitality appli... READ MORE

Plessey announced today that its dotLED range, designed specifically for wearable applications, has been expanded with a wider selection of colours, including red, green and blue. The extremely small LED die have a footprint of only 0.2mm x 0.... READ MORE