2017-07-17

The Reshuffle in Chinese LED Chip Industry

The China LED chip industry is highly concentrated at this point. It is undergoing an reshuffle and slowly transitioning to a dynamic where LED chip and package behemoths San’an Opto and HC SemiTek pretty much lead and even control the pack. In the face of upcoming capacity expansion from major manufacturers, is there really a way for other SMEs to sail through such turbulent waters?
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2017-01-11

HC Semitek Resumes Trade

HC Semitek announced recently it sent an application to resume trade on the Shenzhen Stock Exchange (SSE) in China on Jan. 9, 2017.
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2016-09-13

HC Semitek Orders Veeco MOCVD Systems to Scale up LED Production

Veeco Instruments announced that HC SemiTek Corporation, one of China's leading solid state lighting manufacturers, has ordered multiple TurboDisc® EPIK™ 700 GaN (Gallium Nitride) Metal Organic Chemical Vapor Deposition (MOCVD) Systems and the TurboDisc K475i™ As/P (Arsenic Phosphide) MOCVD System for production of LEDs.
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2016-08-16

HC Semitek’s Net Profits Triple in 1H16

HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.
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2016-07-21

HC Semitek Unveils Preliminary MEMSIC Acquisition Plan

HC Semitek, released a statement Wednesday night stating it acquired leading global Microelectromechanical systems (MEMS) sensor manufacturer MEMSIC.
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2016-06-20

Did San’an Opto and HC Semitek Raise LED Chip Prices Too?

A report from Korean media ET News claimed Chinese manufacturers San’an Opto and HC Semitek joined Epistar’s lead in raising LED chip prices, which Korean media and others analyzed was a sign that plummeting LED chip prices finally rebounded. However, LEDinside found the Korean media report was not an exclusive interview with senior executives from San’an Opto, nor was it a large scale price adjustment.
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2016-01-06

Heavily Subsidized HC Semitek to Set up New LED Fab in Yiwu Industrial Park

HC Semitek announced recently that it would be investing in total RMB 6 billion (US $915,625) in the construction of a new LED epiwafer, chip and production line in Yiwu Industrial Park, according to a report from Chinese-language China Securities.
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2015-12-30

HC Semitek Suspends Trade Ahead of Large Investment Deal

HC Semitek announced on Dec. 28, 2015 that the board of directors discussed with local government about large investment valuing RMB $5 billion (US $770 million) in the next three to five years.
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2015-12-04

HC Semitek Subsidiary Receives Close to US $1M Subsidy

HC Semitek subsidiary in Suzhou’s, high power epiwafer LED chip and commercialization project received RMB 6 million (US $940,000) subsidy out of a total grant of RMB 10 million.
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2015-09-30

HC Semitek Seals RMB 1.08 B Acquisition Deal with Sapphire Maker Crystaland

HC Semitek board approved the acquisition of Chinese sapphire substrate manufacturer Crystaland during a recent shareholder meeting.
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2015-08-12

HC Semitek Acquires Sapphire Maker Crystaland

HC Semitek announced Tuesday night that it will be acquiring 100% of Crystaland shares for RMB 1.08 billion (US $170 million), according to a Chinese-language Securities Times report.
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2015-06-10

HC Semitek Applies for Extended Trade Suspension in China

HC Semitek announced it had been carrying out operations since halting trade on  China’s bourse, and has been discussing with investors and traders about its future direction. Investors and traders have requested for more detailed explanations about the terms and conditions, but the company has not confirmed the content of the discussions.
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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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2015-03-16

HC Semitek Estimates Heavy Losses in 1Q15

HC Semitek projected it will be incurring heavy losses from January 1 to March 31, according to a Chinese media Securities Time report.
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2015-02-16

HC Semitek Receives RMB 49.60 M Subsidy

HC Semitek announced its arm in Suzhou received RMB 49.60 million (US $7.94 million) worth of LED equipment subsidies from Zhangjiagang Economic and Technological Development Zone’s management committee.
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2015-01-16

HC Semitek to Issue Bonds to Raise RMB 500 M

Chinese LED manufacturer HC Semitek announced on Thursday, it would be privately issuing bonds to raise RMB 500 million (US $80.81 million) to replenish the company’s depleted cash flow and improve finances.
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2014-09-02

HC Semitek Receives Government Subsidiary for LED Epiwafer Expansion

HC Semitek announced Monday, the company received subsidiary from the Chinese government for its third phase LED EPI-wafer expansion project.
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2013-11-13

HC Semitek Receives RMB 6 Million MOCVD Subsidy

Chinese LED chip manufacturer HC Semitek announced recently, the company received RMB 6 Million (US$ 990,000) MOCVD subsidy from China’s Ministry of Industry and Information Technology (MIIT). The subsidy that was recently approved by the ministry was applied under the “Domestic MOCVD development/ Industrialization of ultra bright LED” from the ministry’s “2013 Electronic Communication Industry Development Fund Project Guide”. Under the project, all funding provided needs to be invested into equipment or material procurement. 
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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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