2018-11-06

Epistar Merges Its Subsidiaries and Lextar Pushes New Products Development in 4Q18

The fourth quarter is usually the low season in the LED industry. As business growth slows down, LED producer Epistar has announced plans to restructure the company to efficiently manage resources for reducing operation cost. Meanwhile, Lextar has speeded up the process of product development for new applications. Epistar has announced the merger of four of its subsidiaries including Epistar JV Holding (BVI), UEC Investment, HUGA Holding (BVI) and Bee Rich Corporation. The goal of the merge is to productively distribute the resources of the company and r...
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2018-05-15

Philips Lighting Completes Cancellation of 2.2 Million Shares

Philips Lighting has completed the cancellation of 2.2 million shares that it repurchased from Royal Philips in February 2018 for an aggregate amount of EUR 71 million.
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2018-05-15

Philips Lighting Share Repurchase Periodic Update

Philips Lighting announced that it has repurchased 338,652 shares in the period May 7, 2018 to May 11, 2018. The shares were repurchased at an average price of EUR 26.26 per share and an aggregate amount of EUR 8.89 million.
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2018-05-08

Philips Lighting Share Repurchase Periodic Update

Philips Lighting announced that it has repurchased 154,000 shares in the period May 2, 2018 to May 4, 2018. The shares were repurchased at an average price of EUR 26.54 per share and an aggregate amount of EUR 4.09 million.
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2018-05-02

Philips Lighting Starts Share Repurchase Program of Up to 1.5 Million Shares to Cover Performance Share Plans

Philips Lighting announced the start of a program to repurchase up to 1.5 million of its own shares. Philips Lighting will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans.
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2018-02-27

[Financial Updates] Philips Lighting Intends to Repurchase 2.2 Million Shares from Royal Philips

Philips Lighting announces that it intends to repurchase 2.2 million of its ordinary shares from Royal Philips.
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2018-02-21

[Financial Updates] Philips Lighting Completes Cancellation of 2.8 Million Shares

Philips Lighting announced that it has completed the cancellation of 2.8 million shares that it repurchased from Royal Philips on November 28, 2017 for an aggregate amount of EUR 90 million.
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2018-01-30

Nanowire LED Innovator Aledia Announces €30 ($36M) Million Series-C Financing

Aledia, a developer and manufacturer of next-generation 3D LEDs for display applications based on its gallium-nitride-nanowires-on-silicon platform, announced the closing of its Series C financing round with Intel Capital as a new investor.
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2018-01-24

Cree Reports Financial Results for the Second Quarter of Fiscal Year 2018

Cree yesterday announced financial results for its second quarter of fiscal 2018, ended December 24, 2017.
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2018-01-05

Increased AlInGaP LED and UV LED Shipment Boosts Epileds Revenue

Taiwan-based LED epi-wafer and chip manufacturer Epileds finished moving factories at the end of 2017. The installation of its newly purchased production equipment has begun. Because most of the equipment is used, the capacity growth is limited. In 1H18, newly added capacity from these machines is predicted to be gradually used for mass production. 
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2017-11-30

Osram Proposes an 'Anniversary Dividend' of 111 Cents per Share

"We have raised our dividend proposal for fiscal year 2017 to 111 cents per share. By doing so, we will allow our shareholders to benefit from our success following an excellent year and we can also celebrate the 111th anniversary of our brand," said Olaf Berlien, CEO of OSRAM Licht AG.
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2017-09-29

[Financial Updates] Lextar's Revenue in August Down 4.6% MoM But the Firm is Accelerating Product Innovation

Lextar, a Taiwan-based supplier of a board range of LED products, reported its revenue in August declined to NTD 1.06 billion, down 4.6% MoM and 9.95% YoY. The consolidated revenue as of the end of August reached about NTD 8.35 billion, down 9.37% YoY.
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2017-09-26

Revolution Lighting Technologies Provides Third and Fourth Quarter Updates and Revises Full Year Guidance

Revolution Lighting Technologies on 22nd September provided an update to its projected third and fourth quarter results, and revised its full year guidance. As a result of recent hurricane activity in Texas and the south east impacting our multifamily lighting revenue, and the slippage of a number of our Energy Source division projects from the third quarter to the fourth quarter, our third quarter results will be negatively impacted.
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2017-07-31

Philips Lighting Completes Share Buyback to Cover Performance Share Plans and Cancellation of 3.5 Million of Its Own Shares

Philips Lighting, a global leader in lighting, announced it has completed its previously announced share buyback program and the cancellation of 3.5 million of its own shares.
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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

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE