2014-05-16

Macroblock Projects 2Q14 Sales to Grow 30 Percent

Macroblock anticipates LED lighting demands to grow, especially in the residential replacement lighting sector, said Chairman LC Yang at the company’s latest investor conference held on May 14, 2014. The company reported revenue of NT $457 million (US $15.1 million) for the first quarter of fiscal 2014. 
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2014-05-13

Orion Energy Systems Anticipates LED Lighting to Drive Fiscal 2015 Sales

Orion Energy Systems, Inc. announced financial results for its fiscal 2014 fourth quarter and year ended March 31, 2014. Total revenue for fiscal 2014 was US $88.6 million, compared to US $86.1 million in fiscal 2013. Total revenue for the fiscal 2014 fourth quarter declined to US $12.6 million, from US $22.3 million in the prior-year period, largely as a result of delayed lighting sales coupled with a decline in the number of solar projects under construction as Orion deemphasizes its non-core solar business.
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2014-05-13

Revolution Lighting Technologies Reports 1Q14 Financial Results

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”), a leading provider of advanced LED lighting solutions, today announced financial results for the first quarter of 2014, ended March 31, 2014.
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2014-05-09

Universal Display Corporation Saw Strong Revenue in First Quarter for OLED

Universal Display Corporation reported financial results for the first quarter ended March 31, 2014. For the first quarter of 2014, the Company reported net income of US $4.0 million, or US $0.09 per diluted share, on revenues of US $37.8 million. For the first quarter of 2013, the Company reported a net loss of US $4.8 million, or US $(0.10) per diluted share, on revenues of US $15.0 million.
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2014-05-08

LED Manufacturers See Record High Revenue in April

April has been a good month for LED manufacturers this year, as companies benefit from strong market demand, according to Economic Daily News report. Manufacturers including Epistar, Edison Opto, and Unity Opto have all seen record high performances in April. Industry insiders anticipate the positive revenue performance will continue into May.  
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2014-05-08

Surging LED Demands Boost Epistar 2014 Earnings

Epistar released first fiscal quarter results for this year on May 7, 2014. The company noted a net operating profit of NT $319 million (US $10.6 million) and profit margin of 15.23 percent. However, impact from two financial evaluations that recognized losses of NT $1.32 billion resulted in Epistar after tax deficit of NT $841 million and EPS of negative NT $0.91. 
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2014-05-05

Rubicon Technology, Inc. Reports First Quarter 2014 Results of Operations

Rubicon Technology, Inc., a provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its first quarter ended March 31, 2014.
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2014-04-25

Leyard Small Pitch TV Display Business Performance Boosted 1Q14 Revenue

Leyard announced first quarter 2014 financial results on April 23, 2014. Operating revenue grew 28.43 percent YoY to NT$ 142 million (US$4.7 million). Net income attributed to shareholders was NT$10 million, up 29 percent YoY. EPS increased 16.67 percent YoY to NT$ 0.07. 
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2014-04-23

San’an Opto Expands Production Capacity in Three China Subsidiaries

San’an Optoelectronics (San’an Opto) released their first quarter fiscal 2014 financial results on April 21, 2014. Production capacity expansion to their LED subsidiaries as well as increased production sales volume boosted operating revenue by 30.7 percent. Government subsidies received in 1Q14 increased non-operating revenue 130 percent YoY.
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2014-04-10

Forepi Waves Goodbye to Financial Woes as Backlight Demands Rebound

Forepi has shaken off the financial troubles the company experienced in 4Q13. The Taiwanese LED epitaxial manufacturer benefited from strong large-size backlight demands. Consolidated revenue for 1Q14 hit NT $941 million (US $), up 9.85 percent QoQ and 0.35 percent YoY. March experienced staggering growth of 42.73 percent from February with revenue reaching 386 million, but dipped 3.67 percent from last year.
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2014-04-10

Lite-On Sees Rise in March Revenue Performance

Lite-On Technology announced its March 2014 consolidated revenues. Rising demand for LED lighting boosted the company’s revenue for LED components and lighting products, which saw a growth of around 20 percent from February. 
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2014-04-03

Unity Opto March Revenue Up from February

Unity Opto March consolidated revenue grew 25 percent from February on the back of increased lighting and backlighting demands. Working days returning to normal in March allowed the Taiwanese LED package manufacturer to meet client order deadlines after Chinese New Year. The company’s indoor bulb order volume remains high.
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2014-02-13

LEDinside: Global LED Outdoor Lighting Market to Continue High Growth in 2014

Affected by the global economic downturn, there has been rising cases of city bankruptcies, which has led to city management increasing value of sustainable development. Among cities public lighting expenditures, outdoor lighting construction and maintenance costs have gradually increased over the years. City managers are also focusing their attention to making suitable living environment on limited budgets with low investment and maintenance costs.
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2013-12-02

Everlight 4Q Revenue Dips Slightly, 1Q14 to Surpass 1Q13

Although 4Q is traditionally a low season for the LED industry, Taiwanese LED package manufacturer Everlight has benefitted from rising lighting demand. Europe and U.S. Christmas holiday sales opportunities will increase lighting industry performance, said Everlight chairman Yeh Yin-fu.
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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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