2016-12-26

Honglizhihui Forecasts Net Profit for 2016 Dropped by 40%

Honglizhihui, formerly a Chinese LED package manufacturer known as Hongliopto, forecasted its profits could plummet as much as 40% for 2016 compared to the same period last year.
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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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2015-04-22

MLS Meets 2014 Net Profit Goals, Releases SMD LED Production Capacity

China-based LED company MLS recently announced the company had met its 2014 revenue target of RMB 4 billion, or 39.25% growth compared to the same period in 2013.
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2015-04-22

San’an Opto Net Profit Soars in 1Q15

San’an Opto reported the company’s net profits soared during first quarter in 2015.
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2015-04-17

Backlight Revenue Drives Up Lianovation Net Profit by 40% in 2014

Lianovation recently announced its revenue was up 22.14% to RMB 1.96 billion (US $320 million) in 2014.
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2015-03-19

HC Semitek Turns Around Losses in 2014

HC Semitek reported exponential revenue growth during 2014 fiscal year, reported Chinese-media Sina.
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2015-01-30

Sapphire Maker Roshow Technology Net Profit Plunges in 2014

Chinese sapphire manufacturer Roshow Technology reported plummeting net profits in 2014, according to a company announcement on Jan. 29, 2015.
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2014-07-10

Intense Market Competition Drives Down Refond Opto Net Profit in 2014

Chinese manufacturer Refond Optoelectronics (Refond Opto) released their 2014 half year financial report on July 9. The company estimates net income available to stockholders for the first half of the year to reach RMB 19.64-23.56 million (US $3.2-3.8 million), YoY drop of 10-25 percent. 
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2014-07-03

Honglitronic Reports Net Profit Increase of 35%-60% for First Half of 2014

Honglitronic released their 2014 half year results on July 2, 2014, reporting an increase in net profit of 35-60 percent from last year. The company expanded production capacity to take advantage of booming LED lighting demands in the second half of 2014. 
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2014-01-16

Honglitonic Net Profit Rose in 2013

Honglitronics released their 2013 year performance report on January 15th. The company estimated a net profit of between NT $54.36 million and NT $63.82 million (US $1.8 million and US $2.1 million), YoY increase from 15 percent to 35 percent compared to NT $47.27 million in 2012.
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Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.

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LG Innotek today announced that the company has developed the world's first 100mW (mill watts) UV-C LED. This development is 2 years ahead of the industry forecast that predicted its development would be successful by 2020.

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