Universal Display 2Q15 Revenue Down 10% YoY

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials,today reported financial results for the second quarter ended June 30, 2015.
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Veeco Reports 38% Revenue Increase in 2Q15

U.S. MOCVD equipment manufacturer Veeco latest financial results shows the company's revenues increased 38% compared to the same period last year. The company did not break down its earnings into particular market sectors or applications.
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Philips Reports 3% Decline in Lighting Revenue in 2Q15, Sales Getting Tougher in China

Net profits improved for Dutch lighting giant Philips, mostly due to strong sales growth in its Healthcare and strong margin improvements in Consumer Lifestyle and Lighting businesses. However, performance in emerging markets including China, Russia and Latin America had declined.
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Epistar and GPI 2Q15 Revenue Estimated to Increase 15%

LED manufacturers have announced their revenues for April lately, with Taiwanese LED chip and package manufacturers Epistar and Genesis Photonics Inc. (GPI) performance outshone other competitors, reported China Times.
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Osram Board Approves Splitting Lighting Business, 2Q15 Earnings Stable

Osram is systematically tackling its realignment. At yesterday’s meeting, the supervisory board of OSRAM Licht gave the green light for a mandate to examine the carve-out of the general lighting lamps business. As an independent entity, the business could operate more freely on the market and realize strategic options, such as for example partnerships, more easily. The businesses with opto semiconductors, automotive and specialty lighting as well as luminaires, lighting systems and solutions would as a result form the future core business of Osram. With this move, the company will increase its focus on growth, innovation and technology leadership and addresses the different dynamics and requirements in the changing lighting market.
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Cree Lays off 300 Contract Workers

A recruiting and staffing firm for Cree has laid off 319 contract workers that work for the LED company in Durham, North Carolina, U.S., according to a news & observer report.
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Cree Reports Slight Revenue Decline for 2Q15

Cree, a market leader in LED lighting, today announced revenue of $413.2 million for its second quarter of fiscal 2015, ended December 28, 2014, which is similar to revenue of $415.1 million reported for the second quarter of fiscal 2014. GAAP net income for the second quarter was $12.2 million, or $0.10 per diluted share, a decrease of 66% year-over-year compared to GAAP net income of $35.7 million, or $0.29 per diluted share, for the second quarter of fiscal 2014.
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Lumenpulse Reports Soaring 2Q15 Financial Results

Lumenpulse, a leading manufacturer of high performance, specification-grade LED lighting solutions, released today its financial results for the second quarter and six-month period ended October 31, 2014.
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Orion Energy Systems Announces Fiscal 2015 Second Quarter Results

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2015 second quarter and first half ended September 30, 2014.
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Lumileds introduced the LUXEON CZ Color Line, a product line optimized to deliver maximum punch. “The LUXEON CZ features up to 48% higher punch than any other undomed color LED,” said Jennifer Holland, Product Line Direct... READ MORE

LG Innotek today announced that it has supplied UV LED module for water purifiers to the famous Japanese purifier manufacturer for the past year and achieved the perfect quality of zero defect rate.