2018-12-11

Financial Updates: AOT, LiteOn and Laster Tech Report Revenue Drop due to Seasonality

LED manufacturers reported revenue drop for November as the demands decrease in the off-peak season. AOT, the LED company under the Foxconn Group, has posted a revenue of NT$ 332 million (US$ 10.76 million) for November with a decrease of 10.4% MoM and 39.9% YoY. LED backlighting is the major business of the company which accounts for more than 90 percent of its revenue. Therefore, the dropped demands of TV backlight due to seasonality led to the decreased monthly revenue of AOT. (Image: AOT) AOT also began the development of Mini and Micro LE...
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2018-10-26

Signify Announces the Financial Results of 3Q18

Signify has reported its results for the third quarter of 2018. The sales for 3Q18 came to EUR 1.6 billion (US$ 1.82 billion), with an on-year drop of 5.3 percent. The sales of LED-based products represented 70% of total sales and grew by 0.1% compared to 3Q17. Its net income was EUR 93 million (US$ 105.85 million), which dropped by 15.1% YoY.
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2018-08-06

Veeco Reports Revenue Growth in 2Q18 and Expects Continuous Progress

Veeco Instrument released the financial results for its second quarter of 2018. Its revenue has grown by 40.64% YoY to US$ 157.8 million, with Non-GAAP operating income of US$ 11 million and EPS of US$ 0.15. With GAAP, the company had a net loss of US$ 237.6 million or US$ 5.02 loss per diluted share. 
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TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE

The German chemistry giant BASF has revealed its development of dark automotive paint colors that are reflective to LiDAR for enhancing the detecting function of autonomous cars. LiDAR plays a critical role to the development of autonomous veh... READ MORE