Universal Display Stock Surges, Riding Growth in OLED Industry

OLED technology and materials supplier Universal Display on November 2nd registered 3Q17 financial results with burgeoning growth in every aspect, due primarily to the incremental demand for OLED in consumer electronics and lighting applications.
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Macroblock Lets Go of Low-end Market to Secure Gross Margin

Macroblock fought a several price war against its rivals in China in 2017, so its product gross margin significantly dropped. The firm's gross margin in 2Q17 fell to 22.68%, far below 32.81%, the average gross margin in 2016.
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Veeco Sees Robust Demand in China

Veeco 3Q17 revenue (ended September 30)  stood at USD 131.9 million with growth of 54.2% YoY or 14.6% QoQ, compared with USD 85.5 million in the same period in 2016 and USD 115.1 million in 2Q17. 
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LG Display's OLED Panel Shipment Will Increase in 4Q17, CFO Says

LG Display reported on October 25 unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending September 30, 2017.
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Epileds Reports Tepid 3Q17 Financial Results

Taiwan-based LED epi-wafer and chip manufacturer Epileds registered a lower revenue in 3Q17 than that in 2Q17 and the revenue fell from a year ago because of seasonality and factory relocation. Epileds is predicted to continue moving factories and purchase infrared (IR) and ultraviolet (UV) LED machines in 4Q17. Epileds will mainly buy used machines and modify them by itself. The revenue in 4Q17 is estimated to be similar to that in 3Q17. Epileds' annual revenue is projected to stay flat, but gross margin will improve, and profit will possibly bounce back. 
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EVERLIGHT 3Q17 Revenue Down 9% in Face of Chinese Threats

Taiwanese LED package manufacturer EVERLIGHT reported a 9% QoQ slide in its 3Q17 revenue due to lukewarm sales of general lighting, backlights, and consumer electronics applications. Facing threats from Chinese rivals in those markets, the company would also experience decreased gross margin. Performance in Q4 is projected similar to that in Q3. Both its 2017 revenue and profit might decline. EVERLIGHT’s finance has experienced a continuous fall since 2015.
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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.