Samsung Display to Double OLED Shipments in 1Q16

Samsung Display’s shipments of OLED panels has more than doubled during the past year, since more -global smartphone manufacturers were adopting OLED displays, reported The Korea Herald.
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LiteOn LED Business Revenue Reports Slight Decline in 1Q16

Despite delivering overall positive financial performance, Taiwanese electronic group LiteOn’s LED lighting business revenue fell slightly during first quarter of 2016.
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Lextar Reports Revenue Decline in 1Q16

Lextar consolidated revenue during first quarter of 2016 slid 3.2% YoY to NT$ 3.39 billion (US $ 104.19 million), due to price pressures on the market.
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Veeco Hurt By Slowdown in LED Market in 1Q16

 Revenues of $78 million, down 21% compared with the same period last year GAAP net loss per share of $0.40 and Non-GAAP net loss per share of $0.15 Non-GAAP adjusted EBITDA of negative $2.1 million
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Epistar Readjusts Product Portfolio as Revenue Slides in 1Q16

Leading Taiwanese LED epiwafer manufacturer revenues dropped 12% YoY to NT $1.64 billion (US$ 50.63 million), the lowest revenue reported over the last three years, according to a report from Taiwanese media Money DJ earlier this week.
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Honglitronic Records Soaring Net Profits in 1Q16

Honglitronic announced its fiscal performance for the first quarter of 2016 jumped at least 110%.
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New Focus on Industrial Lighting Market in 2016- Explosion proof Lighting

LEDinside research report indicates the industrial lighting sector has become more important in the lighting industry. Moreover, Europe currently still has the largest market share followed by China and U.S. Under the promotion of oil-related industries, European explosion-proof lighting market has grown slightly faster than the U.S. Affected by the strong demand for LED replacement lamp in recent years around the world and the government's subsidies, LED industrial lighting grows rapidly, its global market scale in 2016 will reach USD 2.932 billion, with growth of more than 15% in the next few years, and its market scale will reach USD 5.204 billion in 2020.
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Despite Net Loss in 1Q16, Cree Projects Improvements in Coming Quarter

Cree, a market leader in LED lighting, announced revenue of US $425.5 million for its first quarter of fiscal 2016, ended September 27, 2015. This represents a 1% decrease compared to revenue of $427.7 million reported for the first quarter of fiscal 2015, and an 11% increase compared to the fourth quarter of fiscal 2015. GAAP net loss for the first quarter was $23.6 million, or $0.23 per diluted share, compared to GAAP net income of $11.1 million, or $0.09 per diluted share, for the first quarter of fiscal 2015. On a non-GAAP basis, net income for the first quarter of fiscal 2016 was $22.1 million, or $0.21 per diluted share, compared to non-GAAP net income for the first quarter of fiscal 2015 of $29.6 million, or $0.24 per diluted share. 
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San Jose, CA – April 26, 2022 – Lumileds today announced a new, higher performance level comprised of 21 new parts for its horticulture and illumination mid-power 3030 LEDs. Typical flux, PPF, and efficacy have increased 2%. In a lumi... READ MORE

Tokushima, Japan – 26 April 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the launch of the Hortisolis™ series of white LEDs. By incorporating only the light... READ MORE