2015-08-11

Which Company Has the Strongest Investor in the Chinese LED Industry?

In a generation where people compare looks and family backgrounds, the business sector is also engaged in similar competitions. The LED industry is a field that is not short of manufacturers showing off their renowned backers. LEDinside lists below classical examples in the field.
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2015-08-11

GTAT Appoints David Keck as CEO

GT Advanced Technologies,announced that Tom Gutierrez is retiring from the company and has resigned as Chief Executive Officer and as a director. The Board of Directors appointed David Keck, Executive Vice President and General Manager of the Polysilicon and Photovoltaic business, as the new Chief Executive Officer, effective immediately.
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2015-08-10

Unity Opto Revenues Drop in July, Plans to Repurchase Shares

Unity Opto’s consolidated revenue in July dropped 37.4% YoY to NT $500 million (US $15.79 million), according to a UDN report.
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2015-08-07

Auckson Opto and Unilumen Report Contrasting Financial Results for First Half of 2015

Chinese LED manufacturers Auckson Opto and Unilumen financial results in 2Q15 was polarize. Auckson net profits plummeted, in stark contrast Unilumen’s revenues nearly doubled, reported Chinese-language report Security Times.
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2015-08-07

Everlight and Epistar Faces Tough Market Situations in 2Q15

Top Taiwanese LED manufacturers Everlight and Epistar revenues for second quarter of 2015 were impacted by trending low LED prices on the market, according to a China Times report.
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2015-08-07

Former TCP Lighting CEO Ellis Yan Settles Lawsuit with Former Lawyer for $3.9 M

U.S. LED manufacturer TCP International Holding (TCP) ex-CEO Ellis Yan has settled a lawsuit brought up by former lawyer Laura Hauser, for US $3.9 million, according to a Cleveland.com report.
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2015-08-07

Universal Display 2Q15 Revenue Down 10% YoY

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials,today reported financial results for the second quarter ended June 30, 2015.
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2015-08-07

TOGGLED Adds Two Companies to its Rapidly Growing Base of LED Lighting Patent Licensees

TOGGLED®, developer and producer of next-generation solid-state lighting technology, reported the addition of two companies, Dauer LED and Fusa Corp, to its rapidly growing roster of LED lighting product licensees.
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2015-08-07

Despite Strong PSS Growth Rubicon Reports Lower than Expected 2Q15 Revenue

Rubicon Technology (Rubicon), a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its second quarter ended June 30, 2015 and announced the signing of a resource sharing agreement with another sapphire polisher aimed at more rapidly reducing polishing costs.
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2015-08-06

India Plans Massive Overhaul of 1B Lights to LEDs within 3 Years

India will be replacing one billion lights nationwide with energy efficient LEDs within three years, The Economic Times quoted a top ranking Bureau of Energy Efficiency (BEE) official saying.
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2015-08-06

GE Teams Up with Beacon Lighting to Expand LED Business in Australia and New Zealand

GE has partnered with Beacon Lighting to expand the reach of its LED business in Australia and New Zealand.
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2015-08-05

Cree and Epistar Consolidate Market Position through LED Patent Cross-License Agreement

Cree and Epistar announced on Aug. 4, 2015, the two companies signed a global LED patent cross license agreement. The move signals large LED manufacturers strategy of maintaining market positions through patent advantages, said LEDinside analysts.
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2015-08-05

Asahi Kasei Orders AIXTRON CCS Tool to Mass Produce Deep UV LEDs

AIXTRON, a worldwide leading provider of deposition equipment to the semiconductor industry, today announced that Japanese chemical company Asahi Kasei has ordered an AIXTRON Close Coupled Showerhead system (CCS) for pilot production of Deep Ultraviolet (DUV) LEDs based on Aluminum Gallium Nitride (AlGaN). The system is scheduled for delivery in the third quarter 2015. 
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2015-08-05

Thomson Re-enters Indian Market through LED TVs

Multimedia and consumer electronic company Thomson, which left the Indian market in 2004, is returning to the market through its LED TV subsidiary, according to Indian media The Financial Express.
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2015-08-05

[Breaking News] Cree and Epistar Sign Global LED Patent Cross-License Agreement

Cree and Epistar have signed a worldwide patent cross-license agreement for LED chips to further advance the growth of the LED lighting and LED bulb markets. Cree and Epistar both hold broad and substantial LED chip patent portfolios that are important for making blue LEDs, the foundation of white LEDs found in most lighting products manufactured worldwide. Under the terms of the agreement, each party receives a license to the other’s nitride LED chip patents and is granted certain rights to non-nitride LED chip patents. Over the term of the agreement, Cree will receive a licensing fee and royalty payments from Epistar.
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2015-08-04

Underlying Issues in Opple Lighting's OEM Model

Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly.
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2015-08-04

Veeco Reports 38% Revenue Increase in 2Q15

U.S. MOCVD equipment manufacturer Veeco latest financial results shows the company's revenues increased 38% compared to the same period last year. The company did not break down its earnings into particular market sectors or applications.
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2015-08-03

[Update] Seoul Viosys Acquisition of SETi Approved by U.S. DOD

Seoul Semiconductor affiliate’s acquisition proposal of Sensor Electronic Technology (SETi) has been approved by the U.S. Department of Defense, according to a report by The Korea Times.
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2015-07-31

Ledman To Acquire Swiss Media Infront Sports and Media for EUR 25M

Chinese LED manufacturer Ledman announced it will be acquiring Infront Sports and Media for EUR 25 million (US $27.35 million) on Thursday.
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2015-07-30

The Fight Between the Ant and the Elephants in the Chinese LED Industry

A small Chinese LED manufacturer Zhongshan Sover Lighting Company (Sover) patent infringement plaintiff filed against four leading industry players in China has been compared to as the battle between an ant and the elephant, according to Chinese-language media www.jiajui.com.
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2015-07-30

Walsin Lihwwa to Sell LED Business and Assets for RMB $166 M

Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information  Group, marking Walsin’s exit from the LED industry, according to a report from China Times.
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2015-07-29

Emerging Markets Become China’s Lighting Products New Export Destinations

Moderate economic growth in 2015 has become the “new norm” for the stabilizing Chinese economy. With the Chinese government introducing industry restructures, explosive economic growth has become history. Gone are the good days for businesses, lighting manufacturers orders have plummeted, but costs are rising. The impact from e-commerce has misled some manufacturers, and the market has briefly become a “besieged fortress.” Some manufacturers are hanging on, while others are seeking alternative options to leave the industry, or quietly withdraw from the market, according to Guzhen Lighting Weekly.
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2015-07-29

[Breaking News] Seoul Semiconductor Wins Patent Infringement Lawsuit Against Craig Electronics

One year ago, Seoul Semiconductor filed a patent infringement lawsuit in U.S. Federal District Court asserting that Craig’s sales of LED backlighting unit products infringed five of Seoul’s patents. On July 23, 2015, the court finally issued the judgment in favor of Seoul Semiconductor stating that Craig acknowledged infringement of all the asserted patents and their validity.
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2015-07-29

Osram LED Business Shows Positive Growth in 2Q15

Adjusted EBITA margin increases to 9.5%in the third quarter Revenue up 12%; almost stable on a comparable basis Carve-out of lamps business planned to be completed by spring 2016
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2015-07-28

Philips Reports 3% Decline in Lighting Revenue in 2Q15, Sales Getting Tougher in China

Net profits improved for Dutch lighting giant Philips, mostly due to strong sales growth in its Healthcare and strong margin improvements in Consumer Lifestyle and Lighting businesses. However, performance in emerging markets including China, Russia and Latin America had declined.
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2015-07-27

Leyard to Invest $195.13 M in Indian LED Manufacturer MIC Electronics

Chinese LED manufacturer Leyard intends to expand its business in the Indian market by investing in Indian LED manufacturer MIC Electronics, according to a report from Indian newspaper The Economic Times.
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2015-07-24

LED Bulb Prices Dragged Down by Indian Government Procurement Prices

Large players oversupply situation in the LED industry led to LED bulbs continual downward price trend, according to a report by Chinese-language Commercial Times.
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2015-07-24

Philips Collaborates with IoT Startup Platform Plug and Play Tech Center to Accelerate Smart Lighting Innovation

Royal Philips, the global leader in lighting, aims to collaborate with the world’s top technology start-ups, pushing the boundaries of connected lighting for the Internet of Things (IoT). The company has teamed up with Silicon Valley’s Plug and Play Tech Center, one of the world’s largest accelerators, to mentor and partner with some of the newest, most exciting IoT innovators.
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2015-07-23

Samsung and Luming Technology Sign Strategic LED Partnership Agreement

Samsung Electric senior executives of its LED business arm and Chinese lighting manufacturer Luming Technology have signed a LED strategic framework partnership agreement.
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2015-07-23

Bridgelux Strengthens Ties and Business Strategy with CEC Through Recent Acquistion

Bridgelux’s strategic partnership with one of China’s largest electronic company China Electronics Corporation (CEC) and its LED industry strategy has made CEC the ideal acquisitor among potential buyers, wrote Bridgelux CEO Bradley Bullington in an email correspondence with LEDinside.
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Osram has developed and produced the LEDriving Xenarc headlight, its first full retrofit headlight. The front lighting on the Audi A4 is equipped with a combination of xenon and LED technologies. Osram is the only manufacturer so far to offer ... READ MORE