2013-12-31

New Products Gross Profit to Play Major Role in Turning Forepi’s Loss into Profit in 2014

Forepi’s LED business hit rock bottom in 2013, said Jian Fengren, Chairman of Taiwanese LED chip manufacturer Forepi. However, the company will benefit from the gradual development of flip chip, HV LED, and package free products in 2014. The addition of injections from rebounding industrial demands will help the company reach its goal of turning the year’s loss into profit. With 10 consecutive quarters of loss, gross profit margin for the first three quarters is still -14.32 percent and legal persons believe improvements of gross profit margin in 2014  will be the key to turning loss into profit.
Continue reading →
France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE

The transition from halogen to LED technology is becoming even easier: ams OSRAM expands its portfolio of ECE-approved LED retrofit lamps with the NIGHT BREAKER LED SPEED ECE H8, HB4 and H16. The new lamps expand the options for retrofitting t... READ MORE