2018-02-12

[Financial Updates] Innolux Announces January 2018 Consolidated Revenues and Unaudited Net Income for 2017

Innolux announces January 2018 consolidated revenues and unaudited net income for 2017.
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2018-02-12

[Financial Updates] LITE-ON Technology Reports Consolidated January Sales of NT$16.51 Billion

LITE-ON Technology reported January consolidated revenue of NT$16.51 billion, up 2% Y-o-Y and decreased 8% M-o-M supported by stable end-demand from core businesses.
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2018-02-02

Philips Lighting reports 0.5% full year comparable sales growth, 10% operational profitability and EUR 403 million free cash flow

Philips Lighting just announced the company's fourth quarter and full year results 2017. "In line with our objectives, Philips Lighting returned to comparable sales growth in 2017 driven by the growth of LED and connected lighting Systems & Services, which demonstrates the successful execution of our strategy," said CEO Eric Rondolat.
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2018-02-02

Seoul Semiconductor Achieves USD 1.04 Billion Record Annual Revenues for Fiscal Year 2017

Seoul Semiconductor announced 2017 fiscal year consolidated revenues of US$ 1.04 billion. The 16% rise in consolidated revenues far exceeds the industry average, which grew 2% during the same period. The growth of revenue is contributed to improvements in both general lighting sales and IT product related sales growing in the mid-teens as well as the automotive lighting business which grew more than 20%.
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2018-01-24

Cree Reports Financial Results for the Second Quarter of Fiscal Year 2018

Cree yesterday announced financial results for its second quarter of fiscal 2018, ended December 24, 2017.
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2018-01-18

LITE-ON Technology Reports Consolidated December Sales of NT$18.02 Billion

LITE-ON Technology reported December consolidated revenue of NT$18.02 billion, decreased 3% M-o-M and 16% Y-o-Y. Cumulative sales for the entire year of 2017 reached NT$ 214.57 billion supported by stable end-demand from core businesses.
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2018-01-09

[Financial Update] Innolux Corporation December 2017 Consolidated Revenues of NT$27 Billion

Innolux today announced its December 2017 consolidated revenues. The company reported unaudited consolidated revenues of NT$27 billion in December 2017, a decrease 1.1% M-o-M and a decrease of 15.9 % Y-o-Y.
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2017-12-28

LITE-ON Technology Reports Consolidated November Sales of NT$18.53 Billion

LITE-ON Technology reported November consolidated revenue of NT$18.53 billion, up 5% M-o-M and decreased 13% Y-o-Y. Cumulative sales for January and November totaled NT$ 196.55 billion supported by stable end-demand from core businesses.
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2017-10-31

LiteOn Optoelectronics Segment Revenue Down 12% QoQ, Yet Market Share on the Rise

LiteOn yesterday reported its 3Q17 financial results, with a consolidated revenue of NTD 56 billion (USD 1.856 billion) following a 6% quarterly increase contributed by increased sales of power system solutions for cloud-computing data centers, AI smart home devices, IR LED, outdoor lighting, storage systems and game consoles.
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2017-10-30

Revolution Lighting Technologies Reports Third Quarter 2017 Financial Results

   Revolution Lighting Technologies announced financial results for the third quarter (Q3) ended September 30, 2017.
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2017-10-26

Seoul Semiconductor Achieves Record Quarterly Revenue and Aims for Record Earnings in Fiscal Year 2018

Seoul Semiconductor yesterday announced consolidated third-quarter revenues of KrW 305 billion. The rise in consolidated revenue was a result of strong sales of its differentiated technologies Acrich MJT, Wicop, UCD and filament LED. 
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2017-10-19

Blue and AlInGaP LEDs Raise Epistar Q3 Revenue

Taiwan-based LED manufacturer Epistar's revenue in September rose to NTD 2.476 billion, setting a new record high since April 2015. Its revenue in the third quarter of 2017 also set a new record for the past 12 quarters, reaching NTD 7.057 billion.
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2017-09-05

Epistar Anticipates A Promising 3Q17

Top Taiwanese LED manufacturer Epistar’s revenue made a turnaround in 2Q17. After the improvement of its product assortment, the capacity of EPISTAR’s blue light LED in Q3 is full. The utilization rate of four-element LED stays above 80%. With the support of AlInGaP LED’s demand in markets such as automotive lighting and security control, the capacity of Epistar will be almost fully-utilized until Q4. The price of its blue LED is likely to remain stable. Epistar doesn’t appear to be involved in the price war in China considering Chinese manufacturers tend to expand capacity to manufacture their own blue LEDs. 
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2017-08-28

Heliospectra AB Half Year Report January - June 2017

Heliospectra AB, a Sweden-based company specializing in intelligent lighting technology for greenhouse and controlled plant growth environments, presented on 25th August their Half Year Report for 2017 today. The report was followed by a live interview with Heliospectra CEO Ali Ahmadian.
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2017-08-23

Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2017

Cree, Inc. yesterday announced revenue of $359 million for its fourth quarter of fiscal 2017, ended June 25, 2017. This represents an 8% decrease compared to revenue of $388 million reported for the fourth quarter of fiscal 2016, and a 5% increase compared to the third quarter of fiscal 2017. GAAP net loss for the fourth quarter was $6 million, or $0.06 per diluted share, compared to GAAP net loss of $11 million, or $0.11 per diluted share, for the fourth quarter of fiscal 2016. On a non-GAAP basis, net income for the fourth quarter of fiscal 2017 was $4 million, or $0.04 per diluted share, compared to non-GAAP net income for the fourth quarter of fiscal 2016 of $19 million, or $0.19 per diluted share.
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2017-08-17

EVERLIGHT Will Witness Growth in 2H17 but Profit of the Year Might Still Fall

LED package giant EVERLIGHT reported a solid 2Q17 revenue and profit better than that in 1Q17, yet worse than that in the prior year period. The product mix adjustment and price wars are said to account for the annual decline in EVERLIGHT’s finance. Besides, its new capacity is yet to contribute.
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2017-08-01

Seoul Semiconductor Achieves Continuous Revenue Growth Despite of Elevating Competition with the Chinese LED Manufacturers

Seoul Semiconductor Co., Ltd., the noted Korean company in LED (light emitting diode) design and manufacturing, announced consolidated second-quarter revenues of KRW 267 billion. The rise in consolidated revenue came from strong sales in general lighting and strengths across all divisions within the company. The year over year rise in automotive lighting sales proved highly profitable for the company.
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2017-07-31

Philips Lighting’s Second Quarter Results 2017

Philips Lighting announced the company’s 2017 second quarter results. “I am pleased that our LED, Professional and Home businesses posted solid operating margin increases, while Lamps maintained its high level of profitability,” said CEO Eric Rondolat.  “In the first half of the year, our growth profile improved and our profitability continued to increase.  This demonstrates the successful implementation of our strategy and reinforces our confidence that we are on track to achieve our outlook for 2017.”
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2017-07-27

Osram Announces Strong Operating Performance in 3Q17 and Positions Itself for Future Market of Autonomous Driving

"Osram's operating performance continues to be very strong. We are forging ahead with our transformation into a systems provider. By acquiring a stake in LeddarTech, we are paving the way for success in the key future market of autonomous driving," said Olaf Berlien, CEO of OSRAM Licht AG.
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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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2017-06-25

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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2017-05-03

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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2017-04-28

Cree Cuts 70 Total Jobs after Reporting Disappointing Financial Results

U.S. LED lighting manufacturer Cree announced a layoff of around 70 jobs across its local operations and at its headquarters in Durham, only days after it announced disappointing earnings report.
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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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2017-03-22

Epistar Reported Record-High Operating Margin

Taiwanese LED chip maker Epistar Tuesday reported financial results for both the fourth quarter and the year ended December 31, 2016. Although net loss for the year widened, operating profit margin for the last quarter jump to 6.7%, the highest in nine quarters. The gain is significant considering the number was -33.14% in 4Q15.
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2017-03-22

Trans-Lux Reports Improved Results and Positive EBIDTA

Trans-Lux Corporation, a key supplier of Digital Displays and next generation LED lighting, reported improved financial results for both the fourth quarter and the year ended December 31, 2016.  Trans-Lux President, Chief Executive Officer and Chief Accounting Officer J.M. Allain made the announcement while also stating that both the fourth quarter and the year had positive EBITDA.
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2016-11-02

Overview of 32 Chinese LED Manufacturers 3Q16 Financial Results

After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing revenues but stagnant profits,” LEDinside has collected third quarter earnings from 32 LED companies for further evaluation of the credibility of market claims about current development.
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“Because looks do count”, that was the basic idea when MechaTronix started to develop their next platform of spot light, down light and shop light coolers… Inspiration for the design was searched in natur... READ MORE

Since the birth of human, light (AKARI) has been indispensable. Light generates such a strong feeling, it has kept people throughout history longing for lighting that is most similar to that of natural daylight or fire. To further improve... READ MORE