2010-09-09

Share price of LED makers tumbles due to concerns of poor demand

As fears of weakening demand for equipment such as LCD screens that use the LED bulbs, Cree closed down 8.1% to $50.18, Veeco fell 8.3% to $33.44 and Aixtron AG was 5.3% lower at $24.78. Cree and Veeco share prices are unchanged while Aixtron is down to $24.72 in recent late trading.
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2010-09-08

Taiwan Huga Optotech Loaned NT$ 2 bn. from six banks to expanse its LED capacity

Taiwan LED maker Huga Optotech has signed a NT$ 2 bn. syndication loan agreement with Hua Nan Commercial Bank. Taiwan Cooperative Bank, Industrial Bank of Taiwan, Mega International Commercial Bank, Chang Hwa Bank, and The Shanghai Commercial & Savings Bank, also financed the deal.
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2010-09-07

Most Taiwan LED makers August revenues become lower than last month

As Inventory adjustments by panel makers and lower inventory of CCFL panels and CCFL TVs, most Taiwan LED packagers, chipmakers August revenues become lower than last month. LED chip packaging Unity Opto Technology August revenues slip 4.6% but up 58% on year to NT$670 million (US$20.979 million). The total income in 2010 until August 31 reached NT$4.62 billion, which more NT$4 billion than the whole 2009.
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2010-09-07

Major LED packagers released financial reports for the first half of 2010

Taiwan major LED packagers revealed financial reports in the first half of 2010. Among the peers, Everlight ranked the first with after-tax net earnings of NT$3.7 per share. It scored NT$1.4 billion (US$43 million at US$1:NT$32) in after-tax profit over the first half of 2010, more than double the amount it made a year earlier.
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2010-09-03

Lite-On Group Sets New Revenues Target of 2013

Taiwan’s Lite-On Group hopes that its overall revenues can roughly grow 20-25% to reach NT$350-400 billion (US$10.93-12.5 billion) in 2013. According to the company, car components, LED and clean energy will garner NT$22 billion, NT$50 billion and NT$5 billion in revenues in 2013.
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2010-09-02

Formosa Epitaxy’s gross margin of 1H10 set a new record

Taiwan LED chipmaker Formosa Epitaxy has announced the income of 1H10. A gross margin is above 43.58% which is the highest among Taiwan LED chipmakers. The net profit reached NT$630 million (US$19.2 million) and revenues come to NT$2.096 billion, while EPS reached NT$1.85. In the 2Q of 2010, the strength of capacity expansion and being improved result in the strong result, while the company hope keep above the 40% level due to pay attention to LED lighting in the 3Q of 2010.
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2010-09-02

Unity Opto Repoted the Final Finance Result of 1H10

Taiwan’s LED packaging company Unity Opto Technology reported the final finance result of the first half of 2010, which includes consolidated net profit of NT$661.728 million (US$20.65 million) with an EPS of NT$2.15. Consolidated revenues of Unity Opto is NT$3.906 billion and unconsolidated revenues is NT$3.25 billion.
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2010-08-25

Veeco Authorizes Share Repurchases

Veeco Instruments Inc. announced that its Board of Directors has authorized the repurchase of up to $200 million of the Company's common stock over the next year.
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2010-08-24

Lextar Electronics Reports 2Q 2010 Financial Results

2Q Gross Margin 28.7% 2010 First-half EPS NT$2.02
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2010-08-16

Nexxus Lighting Reports Its Sales Revenue of Second Quarter 2010

Nexxus Lighting, Inc. has released its sales revenue of second quarter 2010. The company revenue increases by 43% to $3.7 million compared to the prior year quarter. Gross profit increased to $873,000 on higher sales volume, compared to $650,000 in Q2 2009. Nexxus pointed out that the sales of LED products accounted for 84% Nexxus’ revenue in Q2 2010, versus 74% last year.
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2010-08-11

SemiLEDS files for IPO, registered to raise up to $173 million in shares

SemiLEDs Corporation, which specializes in blue, UV, and green LED chips, has filed for an Initial Public Offering. The firm registered with the U.S. Securities and Exchange Commission to raise up to $173 million in shares. The firm has a history of 5 years and has booked $29 million in sales for the 12 months ended May 31.And it intends to list on the NASDAQ under the symbol LEDS.
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2010-08-11

Cree reported annual revenue and annual net income for fiscal year 2010

Cree announced its annual revenue and annual net income. Its record revenue has achieved to $264.6 million for its fourth quarter of fiscal 2010, ended June 27, 2010. Compared to revenue of $148.1 million reported for the fourth fiscal quarter last year, it increase by 79% and compared to the third quarter of fiscal 2010, it increase by 13%. GAAP net income for the fourth quarter increased 445% year-over-year to $52.8 million, or $0.48 per diluted share.
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2010-07-30

AIXTRON announced the financial results for the first half of 2010

AIXTRON did the positive business performance in H1/2010 due to the continuing healthy demand, beneficial volume effects, and a stronger US Dollar. Firstly, compared to H1/2009, the gross margin in H1/2010 was 10 percentage points higher at 53%. The H1/2010 operating result increased year on year by 769% to EUR 106.9m with a 19 percentage points higher EBIT margin of 31%, leading to a net result of EUR 74.1m or 21% return on sales. The H1/2010 net income was 742% up year on year.
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2010-07-27

VEECO Second Quarter 2010 Financial Results made new record

VEECO has stated its financial results based on GAAP for the second quarter ended June 30, 2010. According to John R. Peeler, VEECO 's Chief Executive Officer, the second quarter revenue has made a new record of $253 million, an increase of approximately 250% from last year and 55% sequentially. LED & Solar, Data Storage and Metrology, continue to execute extremely well, with sequential improvements in revenue and EBITA.
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2010-06-30

To meet the LED supply challenge, Taiwan`s LED Chipmakers expands output

Taiwan`s major LED chipmakers ,such as Epistar Corp., Formosa Epitaxy Inc. , Genesis Photonics Inc., Lextar Electronics Corp., are expanding output to meet the LED supply explosively increasing supply challenge this year. Epistar Corp., has agreed private placements of less than 300 million shares, hoping raise nearly NT$26 billion in cash.
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2010-06-18

Some Taiwan LED Makers Announce May Revenue

Epistar Corp. registered revenue of US$54.6 million in May, up 6% month-on-month (MoM) and 78% year-on-year (YoY), achieving record monthly revenues three months in a row. Demand for LEDs for LCD TV backlights and for general illumination, has been strong, said by Rider Chang, Epistar`s vice president and spokesman.
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2010-04-29

AIXTRON on track to achieve record result in 2010

- Operational leverage driving profit growth - - Business outlook remains positive for 2010 - - 2010 guidance raised to EUR 650m-700m revenues and circa 30% EBIT - AIXTRON AG, worldwide leading provider of deposition equipment to the semiconductor industry, today announced the consolidated financial results for the first quarter of 2010.
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2010-04-28

Dialight Acquires BTI Light Systems A/S

Dialight plc, the UK based leader in applied LED technology, announces the acquisition of BTI Light Systems A/S ("BTI"), a Danish company offering signaling and safety equipment for the wind, marine and airport industries. BTI is being acquired from its management for a total consideration of DKK 26m (£3.0m), DKK 18m (£2.1m) of which is payable in cash with the remainder in Dialight shares.
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2010-04-28

Veeco Announces First Quarter 2010 Financial Results

Veeco Instruments Inc. announced its financial results for the first quarter ended March 31, 2010. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
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2010-04-21

Cree Reports Record Quarterly Revenue and Net Income for the Third Quarter of Fiscal Year 2010

Cree, Inc., a market leader in LED lighting, today announced record revenue of $234.1 million for its third quarter of fiscal 2010, ended March 28, 2010. This represents a 78% increase compared to revenue of $131.1 million reported for the third fiscal quarter last year and a 17% increase compared to the second quarter of fiscal 2010.
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2010-02-18

Rubicon Technology, Inc. Reports Fourth Quarter 2009 Results

Rubicon Technology, Inc. , a provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, reported financial results for its fourth quarter ended December 31, 2009.
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2010-02-10

Veeco Announces Q4 and 2009 Financial Results

Veeco Instruments Inc. announced its financial results for the fourth quarter and full year ended December 31, 2009. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
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2010-01-20

Cree Reports Record Quarterly Revenue and Net Income for the Second Quarter of Fiscal Year 2010

Quarterly Revenue increased 35% year-over-year to $199 Million Quarterly Net Income was $33.8 Million Cree, Inc., a market leader in LED lighting, today announced record revenue of $199.5 million for its second quarter of fiscal 2010, ended December 27, 2009. This represents a 35% increase compared to revenue of $147.6 million reported for the second fiscal quarter last year and an 18% increase compared to the first quarter of fiscal 2010.
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2010-01-12

Albeo Announces Record Year and Triples LED Lighting Manufacturing Space

Albeo Technologies delivers record 2009 revenues with an exceptional increase in December shipments of over 250%. Albeo also tripled their manufacturing space into two buildings at their Sterling Circle location in Boulder and added new manufacturing jobs. C-Series LED high bay, T8LED troffer, and GarageLED fixture volume is driving expansion
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2009-12-28

VPEC plans to ramp its capacity by 40-60% in 2010

Visual Photonics Epitaxy Co Ltd (VPEC), Taiwanese pure-play epiwafer foundry, is planning to ramp its capacity by 40-60% in 2010.
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2009-11-18

Formosa Epitaxy to Establish the Largest LED Plant in China

LED industry giants, including Formosa Epitaxy (3061), Unity Opto (2499), Amtran, and LG Display (LGD), have jointly-invested a total of NT4.8 billion (~USD 150 million) to set up an LED chip manufacturing plant in Jiangsu – Jiangsu Canyang Corporation (transliterated). Yangzhou Municipal Government, in Jiangsu Province, has also granted NT 2.4~2.5 billion (~USD 78 million) in subsidies to encourage the development of the LED industry in China. 
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2009-11-04

Rubicon Technology Reports Third Quarter 2009 Results and Outlines Two Year Expansion Plan

Rubicon Technology, Inc. (NASDAQ:RBCN), a provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, Tuesday reported financial results for its third quarter ended September 30, 2009.
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2009-10-28

LED Backlight Drives Veeco‘s Q3 Revenu up

Veeco Instruments Inc. announced its financial results for the third quarter and nine months ended September 30, 2009. The third quarter revenue was $99 million, down 15% on $115.7m a year ago but up on $72m last quarter and well above the guidance of $80-88 million.
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2009-10-22

Cree Posts Strong 1Q Results, Outlook

Cree Inc. Tuesday posted first-quarter earnings and revenue well above market expectations, and forecast strong second-quarter results. The LED lighting manufacturer reported net income of $21 million, or 23 cents per share, on $169.1 million in revenue for its fiscal 2010 first quarter, ended Sept. 27. That's up from net income of $5.9 million, or 7 cents per share, on $140.4 million in revenue in the same period a year ago.
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2009-10-05

Toshiba to invest 100 billion yen in LED light bulb manufacturing

Toshiba has announced a six-year, 100 billion yen (about $1.11 billion; 1 USD = 89.7951 JPY) investment plan in LED light bulb manufacturing.
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TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE

The German chemistry giant BASF has revealed its development of dark automotive paint colors that are reflective to LiDAR for enhancing the detecting function of autonomous cars. LiDAR plays a critical role to the development of autonomous veh... READ MORE