2013-08-20

SEAMLESS GREEN Sells Its LED Lighting Business for HK$11M

Recently, SEAMLESS GREEN announced that Good Return, a wholly-owned subsidiary of the company, signed an agreement with Primary Billio, an independent third party, to sell the entire equity interest in Arnda Semiconductor Limited to Primary Billio for a total consideration of HK$11 million, and the proceeds will be counted as general working capital. The group expects to record a net loss of around HK$5.5 million from the disposal, but since the group has already made impairment loss on the investment in the subsidiary of approximately HK$11.1million in year ...
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2013-06-19

Lite-On Technology and Lite-On IT Extends LED Lighting Business in American Market

Although Lite-On Technology's LED lighting components in 2012 benefited from the strong demand of brand customers, its annual growth in revenue increased nearly three times, but Guangzhong Chen, president of Lite-On Technology, said on June 18 that the current performance of LED business is still not satisfied, and Lite-On will actively expand plants this year, the overall production capacity of LED is expected to grow 20% to 50% over last year, also Lite-On IT recently merged into Lite-On Technology will access to the LED lighting terminal market, and they...
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Samsung Electronics today announced the official launch of its Micro RGB, the world’s first display to feature a micro-scale RGB LED backlight behind a large 115-inch screen. This breakthrough display establishes a new benchmark for colo... READ MORE

ams OSRAM, a global leader in intelligent sensor and emitter technologies, has filed a patent infringement complaint in the United States against Spider Farmer, a manufacturer of indoor farming luminaires, and has also taken further action bas... READ MORE