2017-07-13

SemiLEDs Reports Third Quarter Fiscal Year 2017 Financial Results

SemiLEDs Corporation, “SemiLEDs” or the “Company,” a developer and manufacturer of LED chips and LED components, announced its financial results for the third quarter of fiscal year 2017, ended May 31, 2017.
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2017-07-04

LEDvance Positive towards Asian Lighting Market

Early in March, the Chinese investment consortium- with IDG Capital,LED packaging manufacturer MLS CO., LTD. and Yiwu State-Owned Assets Operation Center as the members- completed the acquisition of LEDvance from Osram. Originally a general lighting business unit of Osram, LEDvance, with the support of its new owners, extended its product line from standardized and traditional light sources to advanced LED lamps and intelligent products for smart lighting.
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2017-07-04

Everlight Ready to Enter Q3 Peak Season with Stable Performance in Q2

Taiwanese LED packaging company Everlight announced a fairly stable revenue of 2Q17. The company is said to have performed better than in 1Q17 and its sales of 2H17 is anticipated to outnumber that in 1H17. As the traditional peak season of this year is right around the corner, the overall demand, mainly for applications such as IR LED, interior and exterior automotive lighting and fine pitch displays, will soar. Yet, Everlight’s supply of conventional lighting and LED backlighting products will slump.
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2017-06-25

LiteOn to March into Middle East

Lite-On Technology on 22nd June held its shareholder meeting of 2017, on which it reported a cash dividend of NT$ 2.92 with a dividend payout ratio of 72% and a dividend yield of 5.8%.
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2017-06-23

Zumtobel Group Doubles Its Net Profit

In the 2016/17 financial year the Zumtobel Group posted a marked improvement in earnings and was able to more than double its net profit year-on-year to EUR 25.2 million. While profitability was increased, revenues were impacted by negative currency effects and a challenging business environment. 
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2017-06-23

Epistar Accelerates R&D of Micro-LED

Epistar on 21st June announced its financial results, reporting a fully utilized capacity of blue LED as well as a sustained production of AlInGaP LED despite subtle growth in both the output of light sources and the orders for LED backlighting and little possibility to raise prices of its products. The company estimated a 15% QoQ rise that could possibly push up 2Q17’s revenue close to the number in 2Q16. Epistar also expected a decent financial performance in 3Q17 supported by the chip production for LED lighting, AlInGaP LED and infrared LED.
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2017-06-21

Samsung LED Repudiates Rumor About Its Step Out of China and Sales of Tianjin Unit

Yesterday (20 June), Jacob Tam, Executive Vice President/ Deputy BU Head at Samsung LED, vehemently refuted the Korea Herald’s and The Bell’s reporting of Samsung LED selling off its business unit in Tianjin to a Hong Kongese private equity firm.
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2017-05-08

Altech Chemicals Ltd Announces Share Purchase Plan

Altech Chemicals Limited (Altech/the Company) is pleased to advise that following the recently announced $2 million share placement to existing cornerstone investor MAA Group Berhad (MAAG), the Company is now offering a Share Purchase Plan (SPP). 
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2017-05-08

Philips Lighting Completes Cancellation of 3.5 Million Shares

Philips Lighting announced that it has completed the cancellation of 3.5 million its own shares. 
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2017-05-08

Veeco Reports First Quarter 2017 Financial Results

Veeco Instruments Inc. (NASDAQ: VECO) has announced financial results for its first fiscal quarter ended March 31, 2017. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported adjusting for certain items ("Non-GAAP"). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
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2017-05-05

Infineon Q2 Operating Profit Slightly Below Expectations, But Full-Year Guidance Unchanged

Infineon Technologies AG has reported results for Q2 2017 (period ended 31 March 2017) with revenue up 7% to €1,767 million quarter-on-quarter. Opera­ting profit excluding special items increased to 296 million Euros ($322 million) in the quarter, which slightly missed the average forecast for 299 million Euros, according to Reuters.
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2017-05-03

Osram Delivers Strong Growth in the Second Quarter

In the second quarter of fiscal 2017, Osram saw a significant lift in its growth rate. On a comparable basis, i.e. adjusted for portfolio and currency effects, revenue generated in the period January to March rose by around 10 percent year on year to reach €1.05 billion. 
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2017-05-03

Seoul Semiconductor Announces First Quarter Results, Share Buyback

Seoul Semiconductor Co., Ltd. announced consolidated first-quarter revenues of KRW 257.5 billion. The rise in consolidated revenue came from strong sales in general lighting and strength across all segments within the IT division. The rise in automotive lighting sales also proved highly profitable for the company.
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2017-04-27

Orion Announces Fiscal 2017 Results, Including Revenue Rising 3.5%-4% over Fiscal 2016

Orion Energy Systems, Inc. (Orion Lighting), a designer and manufacturer of high-performance, energy-efficient LED lighting products, announced preliminary, unaudited financial results for its fourth quarter (Q4 ’17) and fiscal year ended March 31, 2017.
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2017-04-27

LEDinside: Cree, San'an JV Will Impact Asian LED Supply Chain

U.S. LED maker Cree Inc. on Tuesday reported a fiscal third-quarter loss that missed expectations. Shares of Cree further plunged 11% on Wednesday. Cree also announced that it is forming a joint venture with San’an Optoelectronics Co., Ltd., China’s largest maker of LED epitaxial wafers and chips, to produce and deliver to market high-performing, mid-power lighting class LED packaged products. The news caused quite a stir in the LED industry.
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2017-04-26

AIXTRON Organizes Portfolio for Future Technologies with Individual Financing Concepts

AIXTRON SE (FSE: AIXA; OTC: AIXNY), a major provider of deposition equipment to the semiconductor industry, announced its financial results for the first quarter 2017.
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2017-04-26

Cree Announces Mid-Power LED Joint Venture with San’an Optoelectronics

Apart from reporting its third-quarter financial results, Cree, Inc. on Tuesday also announced that it is forming a joint venture with San’an Optoelectronics Co., Ltd. to produce and deliver to market high-performing, mid-power lighting class LED packaged products in an exclusive arrangement to serve the expanding markets of North and South America, Europe and Japan, and serve China and the rest of the world on a non-exclusive basis.
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2017-04-26

Cree Shares Fall 7% after Reporting 3Q Loss

Cree, Inc. on Tuesday announced financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade.
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2017-04-24

Ultratech Announces First Quarter 2017 Results

Ultratech, Inc. a supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), announced unaudited results for the three-month period ended April 1, 2017.
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2017-04-24

Philips Lighting 1Q17 Earnings Beat Expectations Thanks to Stellar LED Sales

Philips Lighting announced the company’s 2017 first quarter results on Friday, which showed improvement in comparable sales growth, continued increase in operational profitability and free cash flow.
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2017-02-06

German Government Approved Osram’s Lamps Unit Sale to Chinese Buyers

It is reported by Reuters on 30th of Jan that a spokesman of lighting manufacturer Osram announced the company has been approved by the German government to sell its Lamps unit to an association of Chinese bidders for 400 million euros (USD 425 million).
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2017-01-26

Nikkiso and FPCC's UVC LED Joint Venture in Taiwan to Scale up Production in 2018

Formosa Petrochemical Corporation (FPCC) announced Thursday about a new investment partnership with Japanese UV LED manufacturer Nikkiso to expand applications in medical devices, reported Taiwanese media UDN.
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2017-01-26

DOE Announces Awardees of First Phase of SBIR-STTR Grants for 2017

The U.S. Department of Energy Office of Science has awarded four Small Business Innovation Research (SBIR) and one Small Business Technology Transfer (STTR) grants for projects targeting critical advances in solid-state lighting (SSL) technology. The five Phase I Release 1 grants will explore the technical merit and commercial potential of different innovative concepts or technologies that are expected to contribute to the achievement of the price and performance goals described in DOE’s SSL R&D Plan. 
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2017-01-26

NEMA: LED A-Line Shipments Increased in 3Q16

LED A-line lamps continue to grow, accounting for 32.4% of the market in third quarter 2016, and posting a 124.2% increase in shipments compared to 3Q 2015. They posted a 65.1% quarter-over-quarter increase in the third quarter of 2016 compared to the previous quarter. Halogen, Incandescent, and CFLs all posted a quarter-to-quarter decrease, 7.5%, 17.2%, and 12.8% respectively. Incandescent lamp shipments showed a 5.6 % increase in 3Q 2016 compared to 3Q 2015 while halogen and CFLs posted an 11 percent and 53.9% decrease for the same time period.
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2017-01-26

Tridonic Expands into North America

Tridonic, a leading global provider of smart and efficient lighting solutions, is opening a new office in Highland, New York to serve the North American market with smart solutions also for IoT applications. 
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2017-01-26

Philips Lighting’s 2016 Annual Results Shows Steady Growth in LED Sales

Sales of EUR 7.12 billion (US $7.66 billion), with comparable sales of -2.4% (2015: -3.5%) Continued year-on-year improvement in operational profitability Adjusted EBITA of EUR 645 million (2015: EUR 547 million Adjusted EBITA margin improvement of 180 basis points to 9.1% (2015: 7.3%)  Net income of EUR 185 million (2015: EUR 240 million), including EUR 143 million charges not applicable in 2015 for brand license, separation costs and financial expenses  Free cash flow of EUR 418 million (2015: EUR 632 million) or 5.9% of sales
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2017-01-26

Philips Lighting Proposes Appointment of New Supervisory Board Members

Philips Lighting announced that its Supervisory Board will propose the appointment of two new members, Jill Lee and Gerard van de Aast. 
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2017-01-26

RVLT Completed Nearly US$25 M Worth of Small Business Projects in 2016

Revolution Lighting Technologies, a global provider of advanced LED lighting solutions, today announced that the small business portion of its New England based companies have completed approximately $25 million of business in 2016.  Through its divisions, Revolution Lighting worked closely with its small business customers to provide “turnkey” energy efficiency retrofit solutions, including the installation of LED technologies.
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2017-01-26

Foreverlamp Appoints New President and COO

Foreverlamp, a privately held company founded by Peter Shen, former president of Philips Lighting and Electronics Group, announced a new President and a slate of Executive officers. The changes are designed to allow the company’s leadership team to maximize time and attention to focus on seizing additional new growth opportunities and initiatives for LED lighting.  
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2017-01-11

Osram's Sale of Ledvance Anticipated to Receive Green Light from German Government by 2Q17

Osram is close to receiving approval from the German government to go ahead with the sales of its general lighting business LEDVANCE to a Chinese investment consortium headed by IDG Capital Partners (IDG), reported DrivingVisionNews.com.
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As the world of LEDs continue to evolve, manufacturers are fervently trying to get the latest technologies in the hands of consumers. But with a flood of options, end-users are oftentimes inundated with gadgets that have short shelf lives or h... READ MORE

Foreverlamp has expanded their LED High-Bay Series with a new Industrial LED high-bay fixture designed to withstand wet, dusty and harsh industrial environments. The new HB Industrial Series fixture is IP66 rated and UL listed for wet conditio... READ MORE