2016-10-14

Hot Picks of the Week Oct. 11- 14

San’an Opto said that the company has engaged in preliminary discussions with Osram upon a potential acquisition or partnership. However, the two parties only met once to discuss related issues so far.
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2013-12-27

San’an Receives RMB 300 Million in LED Procurement Agreement

San’an Opto has announced on Dec. 25th that the company has signed the “Cooperation Framework Agreement” on Dec. 24th with Zijin Mining Group and Fujian Anxin Contract Energy Management Co. The company will gain an LED lighting product purchase project of at least RMB 300 million (US $49.5 million) within two years. 
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2013-12-23

San’an Transition from 2 Inch to 4 Inch Sapphire Substrate Production to Reach Above 70% Next Year

San’an has completed a 30 percent transition from 2 inch to 4 inch sapphire substrate, and strives to reach 70 percent and above by next year, said  the company’s Chairman Secretary Li Xuetan.
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2013-12-16

San’an Opto Receives Government Subsidy for Sapphire Substrate Project

San’an announced on December 13th after market hours that the company’s subsidiary Fuzhou San’an received RMB 13.60 million (US $2.34 million) sapphire substrate subsidy under “three technology projects” from Anxi County Ministry of Finance
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2013-11-05

San’an Secures Leadership Position in Chinese LED Market

San’an has recently released their 3Q13 financial report. The first three quarters of the year saw a revenue of RMB 2.63 billion (US $431 million), a YoY growth of 11.86 percent. Gross profit margin was RMB 761 million, a YoY growth of 14.07 percent. Net profit attributable to company stockholders after deduction of non-recurring profits or loss was RMB 645 million, a substantial YoY growth of 59.95 percent. Earning per share (EPS) was RMB 0.53. Single quarter revenue for 3Q dropped to RMB 957 million, YoY dip of 2.48 percent. 
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2013-10-15

CLSA’s Positive 2014 Outlook for San’an and Yankon

Rapid LED price drops for LED bulbs have driven up penetration rates, according to the latest CLSA Asia- Pacific Markets report . Chinese LED lighting market penetration rates for 2014 are expected to increase to 15 percent from 3 percent in 2012, according to a recent report by CLSA. Global LED lighting market growth will stimulate LED chip shipments in 2013-2014. CLSA is optimistic that Chinese LED manufacturers will benefit from this trend, listing LED chip manufacturer San’an and lighting manufacturer Yankon as main beneficiaries.
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2013-10-09

San’an Becomes Biggest Shareholder for Formosa Epitaxy

Chinese LED chip manufacturer San’an announced on October 8th, 2013,  their purchase in FOREPI stock shares by wholly owned subsidiary Xiamen San’an was finalized on October 2nd.
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2013-10-07

San’an Acquires Subsidy of RMB $56 Million

San'an released a statement that on September 30th they received Anxi county finance bureau “sapphire substrate project."
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2013-09-27

Chinese LED Manufacturers San’an and MLS to Speak at LEDforum

LEDforum 2013 Taipei will be hosted by LEDinside on October 16th-17th, 2013. Aside from inviting International and local Taiwanese big named manufacturers to the conference, China LED wafer manufacturer San’an and LED packaging manufacturer MLS Lighting will also be in attendance. With the recent rise in Chinese LED companies becoming supply chains, after securing its top position in the Chinese market, San’an has aggressively sought out partnership with Taiwanese and downstream manufacturers branching out its domain. MLC likewise has obtained a fair portion of market shares through aggressive price competition. During the conference, San’an will discuss the technology development of the LED wafer and MLS Lighting will focus on commercial lighting. This will be the first time for both manufacturers to participate in LEDforum.
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2013-09-26

San'an Invests RMB$200 Million into Solar Energy Plant Production

San'an Optoelectronics announced on September 25th that the company's wholly owned subsidiary Suncore Photovoltaic Technology Co. drew up an equity fund of RMB$200 million to establish a factory in Xiamen.
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2013-07-18

Sanan Optoelectronics Get a LED Chip Order of RMB 500 Million

Sanan Optoelectronics yesterday released the contract announcement that its wholly-owned subsidiary, Anhui Sanan Optoelectronics Co., Ltd. (Anhui Sanan) on July 17 signed a sourcing agreement with Shenzhen MTC Lighting Co., Ltd. (Shenzhen MTC), a wholly-owned subsidiary of Shenzhen MTC Co., Ltd. According to the agreement, from the date of signing of the agreement for the coming year, the Shenzhen MTC will purchase total amount of RMB 500 million of LED chips from Anhui Sanan, this amount accounts for about 15% of Sanan sales revenue in 2012. An o...
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2013-07-01

Sanan Invests 200 Million to Establish Suncore Energy Corporation

Recently, Sanan optoelectronics announced that its wholly-owned subsidiary, Suncore core Photovoltaic Technology Co., intends to invest own funds of 200 million Yuan to establish a wholly owned subsidiary in the name of "Qinghai Suncore Energy Limited Company." It is announced that its Board of Directors decided that Suncore Photovoltaic will spend its own monetary fund of 200 million Yuan to set up a wholly-owned subsidiary in Qinghai, China, and tentatively named "Qinghai Suncore Energy Co., Ltd." (the final name subject to the approval of au...
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2013-06-28

Luminus Devices Signs a Merger Agreement with Lightera Corporation

Luminus Devices signed a merger agreement with LED components maker Lightera Corporation, a wholly owned U.S. affiliate of Sanan Optoelectronics, having broad experience in LED epitaxial materials, chip/package design, and lighting systems. Luminus will operate as an independent business unit and subsidiary of Lightera. The business will operate with expanded capability, financial support, a global research and development (R&D) team. Luminus will continue to focus on specialty markets and applications for its current and expanding product as well as customer portf...
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2013-06-25

Taiwan Ministry of Economic Affairs to Reconsider Sanan Taking a stake in FOREPI

The case that Sanan Optoelectronics takes a stake in Taiwan's Formosa Epitaxy was suspended because the scandal that the financial statements of Sanan are unclear was exposed in this April. Industrial Development Bureau (IDB) of Ministry of Economic Affairs (MOEA) will reconvene the special review meeting, and the results will be handed over to the Investment Commission of MOEA, the cooperative case has not been canceled. Fengren Jane, chairman of FOREPI, pointed out that the schedule of this case is still unclear, and it is still waiting for the res...
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2013-06-13

Luminus Devices Sold to Sanan for $22 Million

Luminus Devices, a VC-funded firm developing and selling solid-state lighting products, recently was sold to Chinese LED maker Sanan for $22 million. Luminus' customers include LG, Acer, Zumtobel, EYE Lighting, Philips, Denmark's Martin, and Germany's Vialux. The lighting industry is going through a drawn-out transition from traditional fluorescents to LED, and 2013 has seen strong progress in the commercialization of LED lighting. There will be winners and losers along the way, and in the case of Luminus Devices, it's not winner this ...
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2012-11-15

FOREPI Intends to Deepen Cooperation with Mainland Chinese LED Makers

Formosa Epitaxy Inc. (FOREPI) has signed a deal with mainland Chinese LED maker San’an, which makes San’an the No.1 institutional shareholder of FOREPI. FOREPI Chairman F.J. Chien said San’an s 19.9% acquisition of his company’s ownership will help his company enter mainland China’s LED market and bring down his company’s production cost. What’s more, Jien noted that after cooperating with San’an, his company will enter into alliance with mainland China’s No.1 LCD maker, BOE Co., Ltd...
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2012-11-13

China’s Sanan to Join 19.9% Shares of Taiwanese Formosa Epitaxy

Taiwanese LED chip supplier Formosa Epitaxy Inc has announced to intend to issue as many as 120 million new shares at NT$19.6 per share to China’s Sanan Optoelectronics Co.by a private placement. Through the NT$2.35 billion (US$80.8 million) deal, Sanan Optoelectronics will acquire 19.9 percent of Formosa Epitaxy via its 100-percent owned Xiamen subsidiary and will become the firm’s largest shareholder, ahead of Japan’s Mitsui & Co, which holds 15 percent. According to Formosa Epitaxy said in a filing to the Taiwan Stock Exchange, t...
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2012-09-25

Analysts Predict Half of Chinese LED Chip Makers to Go Bankrupt

According to a piece of research by Reuters, half of all LED chipmaking companies in China will go bankrupt due to a slump in global demand and cuts in subsidies to certain manufacturers. Analysts point out oversupply and the economic downturn has depressed prices to below production levels, meaning large numbers of small companies have already closed their businesses. It’s no choice but to integrate or declare bankruptcy under a new government resolution to reduce subsidies. Over the past three years, the Chinese government has been instrumental in providing support to...
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2012-09-12

Chinese Chipmakers Show Interests in Taiwan LED Industry

Recently, enterprises from mainland China such as BOE Technology Group and San’an Optoelectronics Co., Ltd. have privately inquired about corporate details of two Taiwanese LED chip makers, namely Formosa Epitaxy Incorporation (FOREPI) and Lextar, indicating an interest to invest in Taiwan’s LED industry after the lifting of maximum investment by Chinese investors. Chinese operators are interested in Taiwan’s LED epitaxy plants for their advanced technologies, according to institutional investors. Insiders say that the parent compan...
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2012-09-06

Taiwan’s LED Chipmakers Inundate in Contracts in spite of Undercutting Threat from Mainland China

Recently, LED chipmaker San’an Optoelectronics Co., Ltd. from mainland China is attempting to lure customers away from Taiwan’s suppliers with fairly low price, however, contracts are still flooding to Taiwan’s LED chipmakers Epistar and Formosa Epitaxy Inc. for Q3. San’an has risen quickly over the past two years to prominent position in the LED chip making sector by poaching engineers from Taiwan’s chipmakers, including Epistar and FPI. Although the mainland Chinese chipmaker has sent samples to Taiwan’s assemblers for v...
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2010-08-04

AIXTRON’s Next Generation MOCVD tools to fill Sanan´s Wuhu fab

AIXTRON AG today signed a contract with Sanan Optoelectronics Co. Ltd., on the supply of a double digit number of multiple CRIUS® II and AIX G5 MOCVD systems. The AIXTRON new generation MOCVD systems will be delivered between the fourth quarter of 2010 and the first quarter of 2011 and installed at Sanan’s new manufacturing facilities in Wuhu, Anhui, China. Earlier this year Sanan had announced their plans to invest into China’s largest LED manufacturing and research centre capable of operating up to 200 MOCVD systems.
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2010-07-01

China's Sanan OptoElectronics increases HB-LED epiwafer capacity with AIXTRON MOCVD tools

AIXTRON AG today announced a multiple tool order from Sanan OptoElectronics Co. Ltd., headquartered in Xiamen, China. The Sanan order for multiple CRIUS® 31x2 inch tools was placed at the end of 2009. The local AIXTRON support team has successfully commissioned the new HB GaN LED growth reactors at Sanan’s new purpose-built facility in Tianjin in the first two quarters of 2010.
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2010-04-27

Sanan Optoelectronics Selects Veeco's MOCVD Tools for Its New LED Fab

Veeco Instruments Inc., announced today that Sanan Optoelectronics Co. Ltd., the largest manufacturer of full color LEDs in China, has placed a large multi-tool order for Veeco's K465i(TM) and E475(TM) TurboDisc(R) Metal Organic Chemical Vapor Deposition (MOCVD) Systems. The equipment is for Sanan's new LED fab in Wuhu, Anhui Province for the manufacturing of high brightness light emitting diodes (HB LEDs). Veeco booked the order earlier this month.
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2009-05-06

Crystal IS and Sanan Optoelectronics to Cooperate in Development of Commercial UV-C LED

Crystal IS, Inc., a developer of ultraviolet light emitting diodes (UV-C LEDs) and Sanan Optoelectronics Co. Ltd., the largest manufacturer of full color LEDs in China, today announced they had signed a memorandum of understanding (MOU). The MOU defines a joint development program, whose goal is to establish pilot manufacturing of LEDs operating in the UV-C part of the electromagnetic spectrum.
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2009-03-12

New LED patent complaint with ITC Against firms in Taiwan and China

It’s reported that Gertrude Neumark Rothschild, professor emerita of Materials Science and Engineering at Columbia University in New York, filed a complaint with the U.S.
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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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