LITEON Technology Reports Consolidated May Sales of NT$14.6 billion, up 6 % M-o-M and 7% Y-o-Y, a record high of the same period in 3 years

LITEON Technology (2301-tw) today reported its May consolidated revenue of NT$14.6 billion, up 6 % M-o-M and 7% Y-o-Y, hitting a record high of the same period in 3 years, as a result of ongoing shipment recovery on supply chain from gradual lifting lockdown in East China area as well as LITEON's cross-regional diversified production sites with flexible and quick-responded capacity management. Thanks to continuous optimization of product mix and the stable demand from its core business, cumulative sales for January to May totaled NT$ 69.6 billion, up 7% Y-o-Y...
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Nichia Remained Revenue Leader in China’s LED Package Market for 2016, Says LEDinside

Steady growth in the LED lighting market supported the capacity expansion efforts of LED chip and package industries in 2016, says LEDinside, a division of TrendForce. Furthermore, the annual revenue of China’s LED package market grew by 6% for 2016 to reach US$8.9 billion, according to LEDinside’s 2017 Chinese LED Chip and Package Industry Report. In terms of ranking by revenue market share, Nichia retained its first place position in the Chinese market for 2016, while MLS climbed to second place and Lumileds dropped to third place. ...
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Lite-On Revenue Soars in 3Q16

Taiwanese LED manufacturer Lite-On reported double digit growth for third quarter of 2016, reported Money DJ.
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GPI Bets on CSP LEDs to Boost its Revenue in 2016

Intense competition in the LED market will spur the LED market into a new phase, and with Nichia’s white LED patents expiring in 2017, Taiwanese LED chip maker Genesis Photonics Inc. (GPI) is focusing on the emerging flip chip LED and CSP LED market, said the company Chairman David Chung in a recent interview with China Post.
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ENERGY FOCUS Revenue Soars in 3Q15

Energy Focus, a leader in LED lighting technologies, today announced financial results for the third quarter ended Sept. 30, 2015.
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Cree Posts Losses Due to LED Business Restructure

Cree, a market leader in LED lighting, announced revenue of US $382 million for its fourth quarter of fiscal 2015, ended June 28, 2015. This represents a 12% decrease compared to revenue of $436 million reported for the fourth quarter of fiscal 2014, and a 7% decrease compared to the third quarter of fiscal 2015. GAAP net loss for the fourth quarter was $88 million, or $0.83 per diluted share, compared to GAAP net income of $30 million, or $0.24 per diluted share, for the fourth quarter of fiscal 2014. 
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Unity Opto Revenues Drop in July, Plans to Repurchase Shares

Unity Opto’s consolidated revenue in July dropped 37.4% YoY to NT $500 million (US $15.79 million), according to a UDN report.
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Universal Display 2Q15 Revenue Down 10% YoY

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials,today reported financial results for the second quarter ended June 30, 2015.
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Veeco Reports 38% Revenue Increase in 2Q15

U.S. MOCVD equipment manufacturer Veeco latest financial results shows the company's revenues increased 38% compared to the same period last year. The company did not break down its earnings into particular market sectors or applications.
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Leyard Estimates Small Pitch LED Display Order Revenue to Double in 2015

Leading LED small pitch display manufacturer Leyard, has seen continual growth in the industry as the company reaps benefits from transforming its LED plant into a wholly automated production line, according to an industry insider.
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Absen Opto Revenue Slid 35%-45% in 1H15

In its latest fiscal report for first half of 2015, Absen Opto announced its net profit has declined compared to the same period a year before.
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Unity Opto Declining Revenue in May Caused by Philips Pricing Strategy

Taiwanese LED manufacturer Unity Opto has seen its revenue in May 2015 slide 30%, due to Dutch lighting conglomerate Philips aggressive pricing strategies.
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Cree Net Income Plunges in 3Q15

Cree, a market leader in LED lighting, announced revenue of US $409.5 million for its third quarter of fiscal 2015, ended March 29, 2015. This represents a 1% increase compared to revenue of $405.3 million reported for the third quarter of fiscal 2014.
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Backlight Revenue Drives Up Lianovation Net Profit by 40% in 2014

Lianovation recently announced its revenue was up 22.14% to RMB 1.96 billion (US $320 million) in 2014.
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HC Semitek Estimates Heavy Losses in 1Q15

HC Semitek projected it will be incurring heavy losses from January 1 to March 31, according to a Chinese media Securities Time report.
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Epistar and Everlight Revenues Slide in February

Leading Taiwanese LED manufacturers Epistar and Everlight reported declining revenues in February 2015, according to a report from CNA.
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Chinese Sapphire Manufacturer Aurora Opto Revenue Guidelines for 2015

Aurora Opto, a sapphire manufacturer based in Harbin in Northern China, recently released its financial reports, and estimated earnings for 2015.
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Access Fixtures Reports Soaring Revenue in 2014

Access Fixtures, a leader in commercial and sports lighting, is proud to announce a 53% revenue growth in a year-over-year comparison from 2013 to 2014. Specifically, LED products exceeded a growth of 100% year-over-year, demonstrating the constant advancement of LED technology and rapid adoption of LED products, including LED bollard lights,LED wall packs, and LED flood lights. LED product sales now exceed 50% of Access Fixtures total revenue.
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Everlight Joins US $1 B Revenue Club

Everlight has breached the high revenue barrier to become a new official member of the “US $1 billion Club” as the company’s consolidated annual revenue for 2014 soared up 23.99% to NT $30.61 billion, according to a news report from China Times.
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UDN: Taiwanese LED Manufacturers Revenue Guidance for 2015

Upstream Taiwanese LED chip manufacturers including Epistar and leading downstream LED manufacturers Everlight and Lextar were upbeat about the industry’s growth in 2015, with most forecasting at least 20% growth, reported UDN.
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GPI Acquires Large Orders from Samsung

Genesis Photonics Inc. (GPI), a subsidiary of the Chicony Group, recently announced at an investors’ conference that the company received big flip chips order from Samsung, and flip chips will account for 25% of the company’s 2015 overall revenue, according to an Economic Daily News report.
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Everlight Plans for Lighting Market Expansion in LED Off-season

LED manufacturer Everlight plans to expand in the lighting market as the company’s revenue for November was down due to LED backlight slack season.
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Epistar Reports Revenue Decline in November, while Unity Opto Shows Growth

Epistar announced revenue last month was down, due to low blue light LED utilization rate.
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Absen Reports RMB 1B Turnover in 2014

Absen released a statement on December 4 reporting the company undergone sustainable growth in sales this year and had recorded RMB 1 Billion (US $165.53 million) turnover out of its cumulative sales orders as of Dec. 4, 2014.
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SemiLEDs Reports Sliding Revenues in 4Q14

SemiLEDs, "SemiLEDs" or the "Company," a developer and manufacturer of LED chips and LED components, today announced its financial results for the fourth quarter and full year of fiscal year 2014, ended August 31, 2014.
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iPhone 6 Sales Drive Up Tera Xtal Revenue Last Month

Benefiting from Apple iPhone 6 and iPhone 6 Plus sales, Taiwanese sapphire manufacturer Tera Xtal’s revenue for September 2014 increased 38 percent compared to August. The company set a new monthly record last month, with order visibility extending well into late 2014.
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Taiwanese LED Manufacturers Revenue in September Affected by TV Backlight Inventory Adjustments

Market insiders in Taiwan recognize the LED TV backlight market entered seasonal adjustments in third quarter, but the adjustments are expected to impact LED manufacturers revenue in September, according to a China Times report. Taiwan’s LED chip manufacturers revenue were impacted by inventory adjustments from July to August 2014, while LED package manufacturers have kept up growth.
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Harvatek Expects Revenues to Drop in 2H14

LED package manufacturer Harvatek revenues is expected to drop during third quarter in 2014, due to adjustments in lighting OEM orders, according to a Money DJ report. However, the company is expected to see revenue growth next season. While further long term observations are required to determine the impact from Cree’s patent lawsuit.
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June Marks Epistar’s Fourth Consecutive Month of Growth

Epistar reported good revenue performance in June, benefitting from high backlight and lighting demands, according to the China Times. Consolidated revenue in June reached NT $2.82 billion (US $94.2 million), increase of 0.85 percent MoM, making it the fourth consecutive month with record high revenue. Lextar performance in June was equally good, hitting a single month high of NT $1.36 million. FOREPI reported revenue of NT $500 million in June, up 4.36 percent MoM. 
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Lighting and Backlight Demands Propel Everlight 2013 Revenue Performance

Taiwanese LED package manufacturer Everlight has recently released the company’s fiscal year 2014 results. The company benefitted from lighting and backlighting demands in 2013 which drove up revenue. 
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