2018-04-29

Philips Lighting’s First Quarter Results 2018

Philips Lighting announced the company’s 2018 first quarter results. “As previously indicated, the first quarter marks a soft start to the year, mainly due to a weak performance in Home, most notably in the United States. Our other three businesses further improved their operational profitability, particularly Professional which increased its adjusted EBITA margin by 310 basis points,” said Eric Rondolat, CEO of Philips Lighting. “I am pleased with the progress made on the cost side with a 13% reduction in our indirect cost base, and with our free cash flow performance after a strong fourth quarter. Our focus remains on implementing our strategy toward the shift to LED, Systems & Services.”
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2018-04-28

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

Cree, Inc. on April 25 announced financial results for its third quarter of fiscal 2018, ended March 25, 2018.
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2018-04-19

[Heads up] Cree, Inc. Announces 2018 Third Quarter Earnings Release Webcast

Cree, Inc. Announces 2018 Third Quarter Earnings Release Webcast
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2018-04-11

[Financial Updates] Lite-On Reports Steady Growth in LED Related Businesses, While AUO Monthly Panel Shipments Increase

Lite-On Reports Steady Growth in LED Related Businesses, While AUO Monthly Panel Shipments Increase.
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2018-03-09

LITE-ON Technology Anticipates Demand for LED Components to Grow

LITE-ON Technology today reported February consolidated revenue of NT$13.04 billion, decreased 21% M-o-M and 19% Y/Y, mainly impacted by the Chinese Lunar New Year holiday shutdown. Cumulative sales for January and February totaled NT$29.54 billion.
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2018-03-08

VueReal Raises $10.5 Million and Partners with Veeco for Micro LED Display Technologies

Micro LED display developer VueReal announced on March 6 the initial closing of its $10.5 million (USD) Series A funding led by the venture arm of a large Asian company and a leading North American vendor focused on startups with emerging technology.
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2018-03-07

New Shares from AIXTRON Stock Option Program to Be Traded Under Separate ISIN

AIXTRON SE has a number of stock option programs in place that grant employees the right to purchase AIXTRON shares under certain conditions. The company in February announced its financial results for fiscal year 2017 and the fourth quarter 2017.
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2018-03-06

Mini LED and VCSEL Earn Profits for Epistar Through Slow Season

Taiwan-based LED chip manufacturer Epistar reported a decrease of 8.59% MoM and a growth of 11.52% YoY in its revenue for January 2018. The slow season and the price decline of LED are factored in for the decrease.
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2018-03-06

[Financial Updates] Lextar Focuses on QD, Mini LED Backlight and IR LED

LED vertical integration manufacturer Lextar Electronics registered a revenue of NTD 760 million (USD 25.97 million) for February, down 21.7% MoM. The company attributed the revenue decline to the Chinese New Year holiday and product mix adjustment.
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2018-02-27

[Financial Updates] Philips Lighting Intends to Repurchase 2.2 Million Shares from Royal Philips

Philips Lighting announces that it intends to repurchase 2.2 million of its ordinary shares from Royal Philips.
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2018-02-23

Universal Display Corporation Announces Fourth Quarter and Full Year 2017 Financial Results

Universal Display Corporation reported financial results for the fourth quarter and year ended December 31, 2017.
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2018-02-21

[Financial Updates] Philips Lighting Completes Cancellation of 2.8 Million Shares

Philips Lighting announced that it has completed the cancellation of 2.8 million shares that it repurchased from Royal Philips on November 28, 2017 for an aggregate amount of EUR 90 million.
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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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2018-02-07

3D Sensing and ROADM Drive Lumentum Revenue and Profitability in 2Q18

Lumentum reported results for its fiscal second quarter ended December 30, 2017.
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2018-02-07

Osram Continues Growth and Increases Investments in Its Future

In the first quarter of fiscal year 2018, Osram continued to grow while increasing capital expenditure. "We had a solid first quarter. Despite the significant headwind from currency effects, we managed to generate further growth while maintaining high margins. From the current perspective, we expect to gain momentum in the second half of the fiscal year," said Olaf Berlien, CEO of OSRAM Licht AG.
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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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2018-01-30

Nanowire LED Innovator Aledia Announces €30 ($36M) Million Series-C Financing

Aledia, a developer and manufacturer of next-generation 3D LEDs for display applications based on its gallium-nitride-nanowires-on-silicon platform, announced the closing of its Series C financing round with Intel Capital as a new investor.
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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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2018-01-24

LG Display to Accelerate Shift to An OLED-focused Structure, CFO Says

LG Display reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2017.
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2018-01-18

[Heads up] Cree, Inc. Announces 2018 Second Quarter Earnings Release Webcast

Cree, Inc. Announces 2018 Second Quarter Earnings Release Webcast
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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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2018-01-05

Increased AlInGaP LED and UV LED Shipment Boosts Epileds Revenue

Taiwan-based LED epi-wafer and chip manufacturer Epileds finished moving factories at the end of 2017. The installation of its newly purchased production equipment has begun. Because most of the equipment is used, the capacity growth is limited. In 1H18, newly added capacity from these machines is predicted to be gradually used for mass production. 
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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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2017-11-30

Philips Lighting Repurchases Shares from Royal Philips for an Aggregate Amount of EUR 90 Million

Philips Lighting announces that it has repurchased 2.8 million of its shares for an aggregate amount of approximately EUR 90 million.
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2017-11-30

Osram Proposes an 'Anniversary Dividend' of 111 Cents per Share

"We have raised our dividend proposal for fiscal year 2017 to 111 cents per share. By doing so, we will allow our shareholders to benefit from our success following an excellent year and we can also celebrate the 111th anniversary of our brand," said Olaf Berlien, CEO of OSRAM Licht AG.
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2017-11-29

Philips Lighting Intends to Repurchase 2.8 Million Shares from Royal Philips

Philips Lighting announces that it intends to repurchase 2.8 million of its ordinary shares from its largest shareholder Royal Philips. 
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2017-11-27

SemiLEDs Reports Fourth Quarter and Fiscal Year End 2017 Financial Results

SemiLEDs Corporation, a Taiwanese developer and manufacturer of LED chips and LED components, announced its financial results for the fourth quarter and full year of fiscal year 2017, ended August 31, 2017.
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VueReal, the pioneer of MicroSolid Printing™, today announced a significant expansion of its Reference Design Kit (RDK) portfolio with new industry-specific bundles. Purpose-built for automotive and consumer electronics, the vertical RDK... READ MORE

ViewSonic Corp., a leading global provider of visual and edtech solutions, announces the shipping of LDS138-151, a 138-inch all-in-one, mobile Direct View LED Display Solution Kit. The ViewSonic LDS138-151 is a fully pre-assembled kit that bui... READ MORE