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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2014-12-02

Epistar's LED Slack Season is Here to Stay

After three months of inventory digestion, major epi-wafer manufacturer Epistar is yet expected to prolong its low utilization rate as LED market enters slack season in November and December. The company’s blue LED utilization rate is around 50% in November, according to Epistar's vice general manager Rider Chang.
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2014-12-02

Lighting E-commerce Retailers Online or Offline Store Dilemma

A common scenario since the emergence of e-commerce has been consumers jotting down product serial numbers and brands they like, only to purchase them online at a cheaper price. Online the same merchandise sold in a physical retail shop is often marked at a lower price. Thus, price has remained the main factor taken into consideration.
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2014-12-01

San’an Opto Employees Stock Shares Reach 50M

A mutual fund established under San’an Opto Employee Stock Ownership Plans (ESOP) has acquired 50.30 million company shares.
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2014-12-01

Asian LED Manufacturers Part Ways Over Uncertain Market Conditions

LED is a fast changing industry. Asian manufacturers have taken their own paths to confront the tide of change. Japanese manufacturers are actively seeking collaboration opportunities with Taiwanese manufacturers, while Korean LED manufacturer Samsung has gradually exited the global LED market. Chinese manufacturers on the other hand are expanding production capacity on the back of government support.
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2014-11-26

Access Fixtures LED Revenue Growth Exceeds 100 Percent in 2014

Access Fixtures has announced that revenue from sales of LED products has exceeded a growth of 100 percent in a year-over-year analysis. Continuous advancements in LED technology enable the use of LED lighting in an increasing number of applications. Categories that have seen the largest growth include LED bollard lights, LED wall packs, and LED flood lights. LED product sales now exceed 50 percent of Access Fixtures' total revenue.
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2014-11-11

Everlight Reports New Quarterly High for 3Q14 Earnings

Taiwanese major LED packaging manufacturer Everlight reported a consolidated profit of NT $8.52 billion for 2014 third quarter, hitting a quarterly record, with gross margin of 24.44%, net operating profit of NT$816 million and net profit of NT$726 million.
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2014-11-11

GT Advanced COO: Apple Used ‘Bait and Switch’ Tactic

Apple Inc. (AAPL) used “bait-and-switch” tactics in negotiating a contract with sapphire-maker GT Advanced Technologies Inc. (GTATQ), guaranteeing itself “heads I win, tails you lose” terms, a GT executive said in an unsealed court document.
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2014-11-10

GE Invests US $40M in LED Circuit Board Production

Insourced LED circuit board production culminates three-year investment and adds technology-rich capabilities that help meet customer needs faster. Transformation brings 120 new contract and full-time positions to the plant. Site continues to add new LED lines and expand capabilities, lighting cities and spaces from the Middle East to Latin America to some of the most recognizable towns in the U.S.
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2014-11-10

Rubicon Technology Reports Revenue Decline in 3Q14

Rubicon Technology, a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its third quarter ended September 30, 2014.
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2014-11-07

Osram Appoints Olaf Berlien As New Chief Executive Officer

The supervisory board of OSRAM Licht has appointed Olaf Berlien as new chief executive officer (CEO). Berlien, 52, will take over his new function in January 2015. At the same time, Wolfgang Dehen will leave the company at his own request and by amicable agreement.
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2014-11-07

[Update] Philips Lumileds and Automotive Lighting Business to Trade under New Brand Name in 2015

Philips Lumileds and Philips automotive lighting business will be rebranded under a new company name in 2015, said Sean Zhou, Regional Marketing Director, Asia, Philips Lumileds at LEDforum 2014, which took place on Friday in Taipei, Taiwan.
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2014-11-07

Osram’s 3Q14 Financial Results Show Positive Effects from LED Transformation

Osram has achieved its recently updated outlook for the fiscal year that ended in September 2014. Revenue rose one percent year over year on a comparable basis – meaning excluding portfolio and currency effects – and was more than €5.1 billion. The revenue share of LED-based products and solutions increased to 36 percent from 29 percent in fiscal 2013. In the fourth quarter, it reached already 39 percent. EBITA [1] excluding special items increased almost ten percent to EUR 449 million (US $) in fiscal 2014, translating into an EBITA margin of 8.7 percent, in particular due to positive effects from the OSRAM Push transformation program. 
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2014-11-07

Germany Invests EUR 5.9M in OLED Technology

German's Federal Ministry of Education and Research (BMBF)-funded joint project R2D2 will start in November 2014 aiming at the investigation of production-related processes and technologies for the manufacturing of flexible OLED.
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2014-11-06

Quantum Materials to Quadruple Lab Space and Add R&D Staff

 Quantum Materials Corp (OTCQB:QTMM) today announced it has signed an agreement with STAR Park that will quadruple the Company's Quantum Dot production space when the new state-of-the-art lab and offices are completed on or before June 2015. The Company is also recruiting to double its scientific staff effective January 2015.
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2014-11-05

Orion Energy Systems Announces Fiscal 2015 Second Quarter Results

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2015 second quarter and first half ended September 30, 2014.
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2014-11-05

Intematix Appoints Jerry Turin as Chief Financial Officer

Intematix Corporation, a leading manufacturer of phosphor solutions for LED lighting, today announced Jerry Turin as the Company’s Chief Financial Officer.  Most recently,Turin served as Chief Financial officer of Oclaro, which scaled to a peak of $600M revenue run-rate from $250M during his tenure.  Turin will direct the Company’s financial strategy and finance team.
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2014-11-04

MLS Builds Global LED Lighting Manufacturing Base to Embrace LED Golden Age

The age of LED lighting is here. LED lighting has overtaken the lighting industry in recent years, and become a beacon of hope for the lighting industry. This is the result of collaborated efforts from the top to downstream manufacturer, the industry supply chain, and now it’s the time to embrace the “golden age” of LED lighting, said Chinese LED packaging manufacturer MLS General Manager Ji-Liang Lin while attending LEDforum 2014 held in Taipei, Taiwan on Oct. 24, 2014.
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2014-10-31

Philips Reports Flat 3Q14 Revenue Results Despite Growing LED Sales

“The successful execution of our Accelerate! program continues to improve operational performance in most of our businesses. We are very excited by the vast opportunities in the HealthTech and Lighting solutions markets that we will capitalize on with the creation of two dedicated market-leading companies.
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MaxLite adds to its portfolio of architectural-grade linear fixtures with the L-FORM™, a slender LED luminaire designed to deliver continuous runs of high-quality illumination in narrow suspended or surface mounted interior applications.... READ MORE

Panasonic Corporation announced today that it has developed the industry’s smallest*1 semiconductor device, the “PhotoMOS”[1] CC type series, which achieves low consumption current and contributes to equipment downsizing. The... READ MORE