2014-12-24

SemiLEDs Announces Definitive Common Stock Purchase Agreement

SemiLEDs Corporation (NASDAQ: LEDS), “SemiLEDs” or the “Company,” a developer and manufacturer of LED chips and LED components, today announced it has entered into a definitive common stock purchase agreement with Mr. XiaoQing Han, Chairman and CEO of Beijing XiaoQing Environmental Protection Group. Under the terms of this agreement, Mr. Han will acquire a 15% interest in SemiLEDs common stock at a purchase price of $1.00 per share for a total consideration of $5.0 million and will join the SemiLEDs Board of Directors upon closing of the transaction.
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2014-12-23

San’an Opto Receives RMB 12M Subsidy from Tianjin Government

San’an Opto has decided to allocate a total of RMB 500 million ($80.03 million) to three subsidiaries including Anhui San’an Opto, Tianjin San’an Opto, and Xiamen San’an Opto for production expansion, according to a latest company announcement.
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2014-12-23

Chinese Government Clamps down on Local Government LED Subsidies

The Chinese central government’s policy to terminate LED industry subsidies will be extended to local governments, according to a latest Chinese-language UDN report.
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2014-12-18

San’an Opto Receives RMB 230 M Subsidy

San’an Opto was granted RMB 230 million (US $37.11 million) subsidy by Torch Hi-tech Industrial Development Zone Committee for 50 MOCVDs the company recently purchased, according to a news report from China Securities Journal.
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2014-12-18

Refond Receives RMB 4M Government Subsidy

Refond Optoelectronics announced that the company had received RMB 4 million (US $647,708) subsidy from China’s Ministry of Finance on December 16.
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2014-12-16

GPI Acquires Large Orders from Samsung

Genesis Photonics Inc. (GPI), a subsidiary of the Chicony Group, recently announced at an investors’ conference that the company received big flip chips order from Samsung, and flip chips will account for 25% of the company’s 2015 overall revenue, according to an Economic Daily News report.
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2014-12-16

Apple Touch Screen Supplier Wintek Restructures to Become New LED Player

Taiwanese touch screen supplier Wintek laid off nearly 90% of its staff, as the financially struggling company aims to transform its business model to become a new LED manufacturer, according to a Chinese-language Economic Daily News report.
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2014-12-16

Navigant Research: Commercial Building Automation Systems Expected to Exceed $86 B in Annual Revenue by 2023

A new report from Navigant Research analyzes the global market for commercial building automation systems (BASs), including global market forecasts through 2023.
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2014-12-15

Chinese Vendor Sells LEDs at Unbelievable Low Price

China’s low LED prices have taken on a whole new definition in Zhongshan city located in Guangdong Province, where bulbs are being sold in a similar way to vegetables on the market, according to an Alighting.cn report.
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2014-12-15

OSRAM Shares to Soar in Near Future?

After it spun-off from Siemens, OSRAM’s lower margins and trades were at half the multiples of its peers on half of the margin, but is expected to have a positive outlook in coming year, according to an analysis on Seeking Alpha.
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2014-12-12

San’an Opto Expands Production Capacity with New MOCVD Equipment

San’an Opto’s plans of installing another 50 MOCVD equipment was approved by the company board on Dec. 11, 2014, according to several Chinese media reports.
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2014-12-12

Pixelligent Closes $5.5 Million in Funding

Pixelligent Technologies, producer of PixClear™, the leading nanocrystal dispersions for demanding applications in the Solid State Lighting and Optical Coatings & Films markets, announced today that it closed $5.5 million in new equity funding. The funds will be used to support its accelerating customer growth in Asia, the EU and the U.S., and also to hire application engineers, product managers, manufacturing engineers, and staff scientists.
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2014-12-12

Lumenpulse Reports Soaring 2Q15 Financial Results

Lumenpulse, a leading manufacturer of high performance, specification-grade LED lighting solutions, released today its financial results for the second quarter and six-month period ended October 31, 2014.
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2014-12-11

Epistar to Fully Take Over FOREPI Management in 1Q15

Epistar is reported to fully integrate with FOREPI before the end of 1Q15, with the possibility of FOREPI’s Chairman Feng-Ren Chien stepping down from the management board, according to a report from the China Times.
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2014-12-11

Everlight Plans for Lighting Market Expansion in LED Off-season

LED manufacturer Everlight plans to expand in the lighting market as the company’s revenue for November was down due to LED backlight slack season.
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2014-12-10

Epistar Reports Revenue Decline in November, while Unity Opto Shows Growth

Epistar announced revenue last month was down, due to low blue light LED utilization rate.
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2014-12-09

Kingsun to Resume Trading on December 9

After a temporary trade suspension last week, Kingsun Optoelectronic released an announcement yesterday reporting the company had acquired 51% shares on three lighting companies and will resume trading today, according to a report of cnstock.com.
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2014-12-08

Price Wars Sends Indebted Juliang Electric Technology CEO on the Run

Last Saturday evening, rumors began to surface on Chinese social media platform Weixin that Jiangmen Guojing Opto (國晶光電), a subsidiary of Juliang Electric Technology Group (Juliang), was being pressured by more than 100 suppliers to pay up. Shortly after the incident, suppliers lost contact with Juliang’s CEO, while suppliers formed a barricade around the factory entrance.
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2014-12-08

Lextar Reports Slight Dip in November Revenue

Taiwanese LED manufacturer Lextar’s recently announced revenue last month was slightly down, due to the slack season in 4Q14.
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2014-12-08

Absen Reports RMB 1B Turnover in 2014

Absen released a statement on December 4 reporting the company undergone sustainable growth in sales this year and had recorded RMB 1 Billion (US $165.53 million) turnover out of its cumulative sales orders as of Dec. 4, 2014.
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2014-12-05

Honglitronic Maintains LED Package Gross Margin in 2014

Honglitronic’s LED package gross margin has stabilized with few fluctuations, according to the company’s latest financial report.
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2014-12-05

Chinese First League Games Deal Spurs Ledman Opto’s Major Stock Restructure?

Chinese LED manufacturer Ledman Opto’s shares dipped slightly 6% on Friday, but soared close to noon, according to a Sina.com report.
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2014-12-05

Changfang Lighting’s Subsidiary Appoints New Company Representative

Shenzhen Changfang Lighting announced its wholly owned subsidiary, Huizhou CF Lighting replaced its legal representative Zi-Zhang Deng with Zi-Hua Deng, which was approved by the Huizhou City State Administration of Business and Commerce on December 4.
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2014-12-04

Everlight’s Chairman Responds to Rumored Philips OEM Order

Everlight’s Chairman Robert Yeh refuted market rumors claiming the company had received Philips OEM orders, according to a money.udn’s report.
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2014-12-04

Another Debt Ridden Chinese LED Manufacturer Founder Has Gone Missing

Another founder in the intensely competitive Chinese LED industry has disappeared, according to a National Business Daily report.
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2014-12-04

Foshan Lighting’s Deceptive Financial Statement Case Enters Second Trial

The seven plaintiffs involved in the Foshan Lighting’s misleading financial statement case received notices on Thursday from the Guangzhou City Intermediate People's Court that the case has entered second trial, according to a QQ.com report.
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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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2014-12-04

Access Fixtures Post Top LED Retrofit Lamps Prices Fall

Access Fixtures post top LED retrofit lamps for decorative street lighting and antique street lighting are now available at a significantly reduced prices. This enables municipalities and property managers to easily retrofit antique street lights from HID sources to energy-efficient, long-lasting LED. The reduced prices are available for the 45w Post Top LED Retrofit and 30w Post Top LED Retrofit. Access Fixtures LED post top retrofits are self-ballasted for easy installation. To retrofit the luminaire, remove the ballast, direct wire the socket, and screw the new LED post top retrofit into the existing socket.
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2014-12-03

SemiLEDs Reports Sliding Revenues in 4Q14

SemiLEDs, "SemiLEDs" or the "Company," a developer and manufacturer of LED chips and LED components, today announced its financial results for the fourth quarter and full year of fiscal year 2014, ended August 31, 2014.
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2014-12-03

Lextar’s 4Q14 Revenue Drops as Industry Enters Low Season

Lextar’s revenue in October 2014 continued to decline, with initial estimations November to December performances being flat or showing only minor growth, mainly due to backlight’s slack season, according to a Money DJ report.
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Sengled, makers of intelligent lighting products that integrate consumer electronics with LED bulbs, today announced the release of the Sengled Boost, an LED light bulb with a built-in Wi-Fi signal repeater that can boost connectivity levels t... READ MORE

Soraa, the world leader in GaN on GaNTM LED technology, announced today that it has added to its full visible spectrum LED product portfolio a PAR20 lamp with incredibly high CBCP, flawless beam definition and edges, and outsta... READ MORE