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2016-12-08

Lianovation Sues Hanen Digital For Failure to Return Earnest Payment After Calling off Takeover

Chinese LED manufacturer Lianovation filed a suit against Hanen Digital Interconnect Culture (Hanen Digital) for not returning earnest money after the two organizations canceled an acquisition deal, reported Chinese-language media Sinai.

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2016-09-26

Lianovation Halts Trade on Chinese Bourse

Taiwanese LED company Lianovation announced last Friday it will be halting trade on the Chinese bourse as of Monday this week, due to uncertainties in a recent acquisition caused by changes in the capital market, management environment, and company restructure.

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2015-04-21

Lianovation to Raise US$ 137M to Expand Business Operations

Lianovation will be issuing 64.9 million private shares to raise RMB 850 million (US $136.99 million) to expand business operations in infrared (IR) focal plane array chips and other sectors.

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2015-04-17

Backlight Revenue Drives Up Lianovation Net Profit by 40% in 2014

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

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