Honglizhihui Forecasts Net Profit for 2016 Dropped by 40%

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.
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Honglizhihui Reaps Benefits from Restructure and Dual-track Strategy Approach

The LED industry was volatile throughout 2016, but started to rebound during first half of the year following soaring upstream chip prices. Despite positive growth in the industry, companies were still shutting down or exiting the market, while more were paying attention to industry developments. Under current market situations, leading manufacturers’ development strategy also come under the lime light.
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The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE