Honglizhihui, formerly a Chinese LED package manufacturer known as Hongliopto, forecasted its profits could plummet as much as 40% for 2016 compared to the same period last year.

Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly.

China-based LED company MLS recently announced the company had met its 2014 revenue target of RMB 4 billion, or 39.25% growth compared to the same period in 2013.

San’an Opto reported the company’s net profits soared during first quarter in 2015.

Lianovation recently announced its revenue was up 22.14% to RMB 1.96 billion (US $320 million) in 2014.

HC Semitek reported exponential revenue growth during 2014 fiscal year, reported Chinese-media Sina.

Chinese sapphire manufacturer Roshow Technology reported plummeting net profits in 2014, according to a company announcement on Jan. 29, 2015.

Chinese manufacturer Refond Optoelectronics (Refond Opto) released their 2014 half year financial report on July 9. The company estimates net income available to stockholders for the first half of the year to reach RMB 19.64-23.56 million (US $3.2-3.8 million), YoY drop of 10-25 percent. 

Honglitronic released their 2014 half year results on July 2, 2014, reporting an increase in net profit of 35-60 percent from last year. The company expanded production capacity to take advantage of booming LED lighting demands in the second half of 2014. 

Honglitronics released their 2013 year performance report on January 15th. The company estimated a net profit of between NT $54.36 million and NT $63.82 million (US $1.8 million and US $2.1 million), YoY increase from 15 percent to 35 percent compared to NT $47.27 million in 2012.