2017-03-09

Harvatek Stock Plummets amid Patent Infringement Lawsuit

Japanese LED giant Nichia Corporation recently announced that the Düsseldorf Court of Appeal in Germany has confirmed that four white LED products by Taiwanese LED manufacturer Harvatek Corporation infringe Nichia’s YAG Patent EP 0 936 682 (DE 697 02 929).
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2017-03-08

Düsseldorf Court of Appeal Confirms Infringement of Nichia‘s YAG Patent by Harvatek

With judgment of January 20, 2017 (docket number I-2 U 41/12), the Düsseldorf Court of Appeal in Germany has confirmed the infringement of YAG Patent EP 0 936 682 (DE 697 02 929) of Nichia Corporation (“Nichia“) by Taiwanese LED manufacturer Harvatek Corporation (“Harvatek”) concerning four accused white LED products.
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2016-07-14

Success in LED Thread Technology Leads to Harvatek Upbeat Revenue Outlook for 2H16

Taiwanese LED manufacturer Harvatek's revenue growth was incremental during first half of 2016. However, following its success in LED thread technology, the company intends to supply related products to the market by second half of 2016, resulting in turn around of its financial performance.
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2016-05-10

Cree’s New Strategy Prioritizes Patent Royalties

Over the last two weeks, two Taiwanese LED manufacturers Harvatek and Knightbright decided to settle patent disputes with Cree, ending a nearly two year lawsuit. Both Taiwanese vendors agreed to sign patent royalties for an undisclosed sum. Few details have been released about the conditions of the settlements. It is becoming clearly evident that Cree’s strategy is centered on cashing in from its LED patent portfolio, said a LEDinside analyst, who chose to remain anonymous.
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2016-05-03

Cree and Harvatek Settle Patent Dispute

Cree a leader in LED lighting, announced that it has reached a confidential settlement in its patent infringement lawsuit with Harvatek. Harvatek has agreed to a royalty bearing, worldwide license to the Cree patents-in-suit, thereby ending the lawsuit between the parties. Harvatek will pay Cree a license issue fee and ongoing royalties as part of the license agreement.
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2016-01-28

Harvatek Sues Cree for LED Package Patent Infringement

On Jan. 26, 2016, Harvatek announced it has entrusted Devlin Law Firm LLC to represent it in a patent infringement case against Cree that has been filed in the United States District Court for the Central District of California . The patent in suit is US 6,841,934.
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2015-10-12

Harvatek Forms Partnership with Research Institute to Develop LED Thread

Low market demands in the past few months has driven Taiwanese LED manufacturer Harvatek to explore innovative LED technologies including forming a partnership that includes teaming up with Taiwan Textile Research Institute (TTRI) to develop LED thread and related technology applications
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2015-08-19

Chinese Court Invalidates Cree LED Patent in Harvatek Lawsuit

Chinese courts have invalidated Cree’s patent “Apparatus and method for mounting electronic elements” (CN 200780015100.X) in its patent infringement lawsuit against Harvatek, said Harvatek Spokesperson Chi Hsiung Cheng. The company’s future product sales will benefit from the ruling, he added.
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2015-07-13

Harvatek Develops New Product to Acquire Market Share in China’s Flash LED Market

Flash LEDs in smartphones have evolved from being a “marketing gimmick” to “standard equipment.” LED usage in smartphones have also jumped up from single to dual flash LEDs, and it is increasingly common for flash LEDs to be found in latest smartphone models.
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2015-01-30

Global LED Industry’s Second Patent War

Recent patent litigations launched by major LED companies aim straight at latecomers in Chinese and Taiwanese LED industry, who have insufficient patent portfolio. The LED market will be restructured to focus on major LED companies with extensive patent portfolio and technological strengths.
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2014-12-08

Harvatek Files Patent Lawsuit Against Cree in U.S. Court

Harvatek declared to entrust Devlin Law Firm LLC to file a patent litigation against the U.S. LED company—Cree, Cree Hong Kong Limited and Cree Shanghai Opto Development Limited in the United States District Court for the Northern District of California to prohibit Cree and its affiliates from infringing Harvatek’s U.S. LED patents.
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2014-09-22

Harvatek Expects Revenues to Drop in 2H14

LED package manufacturer Harvatek revenues is expected to drop during third quarter in 2014, due to adjustments in lighting OEM orders, according to a Money DJ report. However, the company is expected to see revenue growth next season. While further long term observations are required to determine the impact from Cree’s patent lawsuit.
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2014-09-17

Harvatek Regrets Business Partner Cree’s Legal Actions

Harvatek Corporate announced that U.S. LED manufacturer Cree, has taken legal action against the Taiwanese company to enforce its six patents in the United States District Court for the Western District of Wisconsin on September 15th, 2014. Although, Harvatek has not received an official copy of the complaint yet, is is aware of the dispute and preparing reactive measures.
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2014-09-17

Cree Files LED Patent Infringement Lawsuits Against Harvatek and Kingbright

Cree, Inc. (Nasdaq: CREE) has filed patent infringement lawsuits in the United States District Court for the Western District of Wisconsin to prevent Harvatek Corporation and Kingbright Corporation from infringing Cree’s patented intellectual property. These patents, among other things, protect Cree’s LED component portfolio, including Cree’s white light LEDs.
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2014-07-15

Toyoda Gosei and Harvatek Sign Silicate-based LEDs License Agreement

Harvatek Corporation (“Harvatek”) and Toyoda Gosei Co. Ltd (“TG”) have voluntarily signed and entered into a License Agreement relating to silicate-based LEDs.
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2014-04-02

LED Industry Flourished in March

Market listed companies have released their March revenue reports this week with the LED industry coming out on top, according to an article by Economic Daily News. LED manufacturers had unusually good performance in January and February, a traditionally slack season for the industry. The growth trend continued into the peak season where it picked up pace in March. Order visibility already extended to 3Q14. The second half of this year is anticipated to be smooth for the industry. 
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2014-02-25

LED Outdoor Lighting Replacement Trend to Drive Up Stock Prices

The LED outdoor lighting replacement trend is growing with over 600 cities in the U.S. already planning to switch old streetlights to LEDs, according to Commercial Times. New York plans to switch roughly 25,000 streetlights to LEDs by 2017, making it the largest undertaking in the North American market. Europe, China, and Japan are also initiating replacement projects. LEDinside estimates that compound annual growth rate will surpass 20 percent in 2014-2017, which will encourage lowered stock prices.
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2014-01-27

Display Market Opportunities Abundant Due to Technology Improvements and Replacement Demands

RGB package technology continues to advance. As LED package components shrink, display dimensions follow suit, gradually reducing in size. This as well as improvements to driver IC and backend system technology is driving up display resolution and color performance. Technological improvements and increased demand for displays used in outdoor commercial, public buildings, and indoor commercial spaces is anticipated to drive up the display replacement trend in 2014. Industry insiders are optimistic about the development of the display market for 2014.
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2014-01-14

Harvatek December Revenue Benefits from Reinvestment

LED package manufacturer Harvatek released their December 2013 revenue, which reached NT $499 million (US $16.7 million), growth of 7.98 percent from November and 66.8 percent from December 2012, making December the month with the highest revenue performance during the slack season. December and November had similar revenue, but December benefited from reinvestment in small to mid size backlight display manufacturer Honor Light Limited as well as injections from joint cooperation with driver IC manufacturer Macroblock which brought the company an additional NT $150 million.
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2013-12-17

Harvatek Expands RGB LED Production Capacity as Display Market Presents Potential Growth

LED manufacturers are aiming to take advantage of business opportunities arising in the display market due to improvements in RGB LED package technology, increased image resolution, and growing demand driven by the upcoming international sports events. Taiwan LED package manufacturer Harvatek that launched their RGB LED product in 2013 is upgrading package specs from 2020 to 0606. The company’s current monthly production capacity for RGB LEDs is 50KK and projected to expand to 100KK in 2014.
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2013-12-13

Harvatek Turns Loss to Profit in 2013

Taiwanese package manufacturer Harvatek operational performance strengthened during the second half of 2013. The company hopes profit gain in 3Q13 will carry on into 4Q13, said Billy Wang, Chairman of Harvatek. The company hopes to maintain its profitable performance in 4Q13 , and aims to turnover previous losses to make 2013 a profitable year.
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2013-11-18

Harvatek Utilization Rate Drives Up Revenue in 3Q

Taiwan package manufacturer Harvatek reported a turnaround in 3Q13 after seven straight quarters of loss. Benefiting from an increase of 50 to60 percent in production capacity utilization rate in 3Q as well as investments of NT $22.39 million (US $758 thousand) in 3Q, revenue reached NT $1.24 billion, a quarterly growth of 9.86 percent.
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2013-10-18

Harvatek Turning Loss into Profit in 3Q

The 3Q performance for the new Harvetek Hsinchu factory profits were driven up due to rising utilization rates, said the company Chairman Billy Wang. The company expects 3Q results to make a turn for the better and ultimately affect 2013 annual performance. Taiwan LED packaging manufacturer Harvatek chairman Billy Wang attended LEDforum Taipei 2013 conference held by global market intelligence provider Trendforce Corporation.
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2013-07-02

Harvatek Terminates the Joint Venture Agreement with TCL

Harvatek, LED packaging business from Taiwan, has announced to quit joint venture project with China-based TV brand TCL. Harvatek stated that both parties have had taken different attitudes towards some terms, and after careful consideration, Harvatek decided to transfer its 50% stake in the joint venture to TCL. Harvatek stated that it has invested around CNY15 million (US$2.44 million) in this project for two years. On June 24, 2011, Harvatek signed a joint venture agreement with TCL through its subsidiary, Honor Light Limited, to establish an LED packa...
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2012-04-19

Nichia Filed YAG Patent Infringement Lawsuits against Harvatek

According to Nichia, the company has filed patent infringement lawsuits against Harvatek and the German distributors MSC Microcomputers Systems Components Vertriebs GmbH, "Gleichmann & Co." Electronics GmbH and Glyn Jones GmbH & Co. Vertrieb von elektronischen Bauelementen KG, at the District Court Düsseldorf in Germany on March 29, 2012. The court found with judgments of the same day that Harvatek and said distributors infringe Nichia's patent EP 936 682 (DE 697 02 929) (hereinafter called "YAG patent") concer...
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2012-04-18

TCL Teams up with Harvatek to Build LED Package Joint Venture in Mainland China

Chinese major LCD-TV maker TCL Corp., will partner with Harvatek Corp. a Taiwanese LED maker 15% held by silicon foundry United Microelectronics Corp. (UMC), to build an LED package venture, in the mainland’s southern coastal province of Guangdong. Under their cooperation, it’s estimated to cost around RMB200 million in investment spending, will be equally shared by the two companies in cash. The venture is scheduled to operate production for the second half of this year, with initial output set at two billion packages a year. According to in...
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2011-06-29

Harvatek Teams up with TCL to Found Huizhou LED Packaging Plant

Recently, Taiwan based packaging company, Harvatek is about to team up with TCL to built LED packaging plant in Huizhou, China. Both of the two companies will own 50% share in the new plant individually. The new facility will go into production at the end of March, 2012 and its goal is to reach 2 billion capacity after one year. Harvatek disclosed that it expected for further vertical integration by cooperating with LED chip maker.  ...
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2010-11-08

Taiwan's LED Makers May Benefit from Tablet PC Backlight Market

As the ensuing demands for LED backlights, the world's first-tier manufacturers of brand computers have scheduled to tap into tablet PCs in the first quarter 2011, therefore Taiwan's industry executives predict it will create business for Taiwan's LED makers when the market for TV backlights started losing growth steam in the third quarter. According to Taiwan's industry executives, tablet PC backlights are particularly suitable for manufacturers specializing in small and medium backlights for uses in mobile phones and digital photo frames.
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2010-11-01

Bright LED、Everlight、Harvatek’s 3Q revenues declined compared to last quarter

Bright LED's revenues for 3Q10 slipped by 6% to NT$1.41 billion, but thanks to improved product mix, gross margin up to 16.56% from 15.59% in 2Q. Operation gross profit for 3Q was NT$190 million with an operating margin of 13.52%. Pure income for 3Q was NT$143 million with an EPS of NT$0.73. In the first three quarters of 2010, the company’s revenues totaled NT$3.95 billion, and net profit reached NT$344 million with an EPS of NT$1.75.
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 “As the demands on our customer’s fixtures become more challenging, we need to ensure our Color portfolio enables them to meet these demands. This increase in flux across several key colors will give our customers a significa... READ MORE

Samsung Electronics announced a new family of chip-on-board LED lighting packages, labeled the “Samsung D-series Special Color.” 

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