BOE Becomes Largest Shareholder in HC Semitek with Capital Investment of Around RMB 2.1 Billion, and Both Parties Will Jointly Develop Micro/Mini LED Businesses, Says TrendForce

Nov. 8, 2022 ---- BOE has become the largest shareholder in HC Semitek following a RMB 2.1 billion capital investment deal, and they are now in a partnership with respect to the development of Micro/Mini LED businesses. BOE has been involved in Micro/Mini LED since 2017 and now possesses related offerings such as displays and backlight solutions. In 2020, BOE established BOE MLED Technology as a subsidiary dedicated to the R&D and manufacturing of Micro/Mini LED products. As for HC Semitek, it is a major Chinese LED chip supplier and has ...
Continue reading

HC Semitek cooperates with AIXTRON on Micro LED display technology

Chinese chipmaker HC Semitek orders AIXTRON's AIX 2800G4-TM and AIX G5+ C, enabling MOCVD solutions for the increasing demand for RGB Micro LEDs / Micro LED technology is a game changer for the display industry Herzogenrath/Germany, February 23, 2022 - Micro LED technology is on the verge of revolutionizing the display industry. The market demand for self-emissive Micro LEDs in the primary colors (RGB: red, green and blue) begins to rise strongly. HC Semitek, a leading enterprise of the semiconductor technology, will use AIXT...
Continue reading

Mini LED Backlight Applications to Drive Demands for Chips

Mini LED backlight products are expect to bring a revolution to the display market with driving momentum from leading brands including Apple and Samsung. The two companies are reportedly launching Mini LED backlight tablets and TVs in the coming months or next year, which will bring up demands for Mini LED chips. LED chips suppliers from Taiwan and China are seeing a surging demands for Mini LED chips in the second half of 2020. Taiwan-based Epistar has been preparing its Mini LED capacity for Apple and will be ready to begin shipment in September. E...
Continue reading

China Government Issues Subsidies to LED Companies

Chinese LED companies including chip makers Sanan Optoelectronics and HC Semitek and LED packager MLS reported that they have received subsidies from the government. (Image: Pixabay) Sanan Semiconductor, the subsidiary of Sanan Optoelectronics announced that it has received RMB 200 million (US$28.15 million) from local government based on the agreement of investment collaboration. The company was just granted RMB 143 million (US$ 20.13 million) last week for equipment purchase. The government of Yiwu, Zhejiang is issuing two subsidies to the second...
Continue reading

HC Semitek Discloses Progress in Developing Mini/Micro LED

Over the past two years, Micro LED, regarded as the new generation display technology, has attracted a lot of attention. Seeing great potential in this new technology, a large number of manufacturers have scrambled for it. According to LEDinside’s latest report "1Q18 Micro LED Next-Generation Display Technology Market Report- 2018 Micro LED and Mini LED Industry Trend", the market value of Micro LED is expected to reach US $2.891 billion in 2025.
Continue reading

HC Semitek Makes Big Push for Advanced Semiconductors Including Micro LED, VCSEL, IR LED

Chinese LED maker HC Semitek announced it has signed an investment framework agreement to establish projects of advanced semiconductors and devices in the Yiwu Information and Optoelectronics Hi-Tech Industrial Park. The signing of the agreement was witnessed by the Yiwu Municipal People’s Government.
Continue reading

The Reshuffle in Chinese LED Chip Industry

The China LED chip industry is highly concentrated at this point. It is undergoing an reshuffle and slowly transitioning to a dynamic where LED chip and package behemoths San’an Opto and HC SemiTek pretty much lead and even control the pack. In the face of upcoming capacity expansion from major manufacturers, is there really a way for other SMEs to sail through such turbulent waters?
Continue reading

HC Semitek Resumes Trade

HC Semitek announced recently it sent an application to resume trade on the Shenzhen Stock Exchange (SSE) in China on Jan. 9, 2017.
Continue reading

HC Semitek Orders Veeco MOCVD Systems to Scale up LED Production

Veeco Instruments announced that HC SemiTek Corporation, one of China's leading solid state lighting manufacturers, has ordered multiple TurboDisc® EPIK™ 700 GaN (Gallium Nitride) Metal Organic Chemical Vapor Deposition (MOCVD) Systems and the TurboDisc K475i™ As/P (Arsenic Phosphide) MOCVD System for production of LEDs.
Continue reading

HC Semitek’s Net Profits Triple in 1H16

HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.
Continue reading

HC Semitek Unveils Preliminary MEMSIC Acquisition Plan

HC Semitek, released a statement Wednesday night stating it acquired leading global Microelectromechanical systems (MEMS) sensor manufacturer MEMSIC.
Continue reading

Did San’an Opto and HC Semitek Raise LED Chip Prices Too?

A report from Korean media ET News claimed Chinese manufacturers San’an Opto and HC Semitek joined Epistar’s lead in raising LED chip prices, which Korean media and others analyzed was a sign that plummeting LED chip prices finally rebounded. However, LEDinside found the Korean media report was not an exclusive interview with senior executives from San’an Opto, nor was it a large scale price adjustment.
Continue reading

Heavily Subsidized HC Semitek to Set up New LED Fab in Yiwu Industrial Park

HC Semitek announced recently that it would be investing in total RMB 6 billion (US $915,625) in the construction of a new LED epiwafer, chip and production line in Yiwu Industrial Park, according to a report from Chinese-language China Securities.
Continue reading

HC Semitek Suspends Trade Ahead of Large Investment Deal

HC Semitek announced on Dec. 28, 2015 that the board of directors discussed with local government about large investment valuing RMB $5 billion (US $770 million) in the next three to five years.
Continue reading

HC Semitek Subsidiary Receives Close to US $1M Subsidy

HC Semitek subsidiary in Suzhou’s, high power epiwafer LED chip and commercialization project received RMB 6 million (US $940,000) subsidy out of a total grant of RMB 10 million.
Continue reading

HC Semitek Seals RMB 1.08 B Acquisition Deal with Sapphire Maker Crystaland

HC Semitek board approved the acquisition of Chinese sapphire substrate manufacturer Crystaland during a recent shareholder meeting.
Continue reading

HC Semitek Acquires Sapphire Maker Crystaland

HC Semitek announced Tuesday night that it will be acquiring 100% of Crystaland shares for RMB 1.08 billion (US $170 million), according to a Chinese-language Securities Times report.
Continue reading

HC Semitek Applies for Extended Trade Suspension in China

HC Semitek announced it had been carrying out operations since halting trade on  China’s bourse, and has been discussing with investors and traders about its future direction. Investors and traders have requested for more detailed explanations about the terms and conditions, but the company has not confirmed the content of the discussions.
Continue reading

HC Semitek Turns Around Losses in 2014

HC Semitek reported exponential revenue growth during 2014 fiscal year, reported Chinese-media Sina.
Continue reading

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.
Continue reading

HC Semitek Receives RMB 49.60 M Subsidy

HC Semitek announced its arm in Suzhou received RMB 49.60 million (US $7.94 million) worth of LED equipment subsidies from Zhangjiagang Economic and Technological Development Zone’s management committee.
Continue reading

HC Semitek to Issue Bonds to Raise RMB 500 M

Chinese LED manufacturer HC Semitek announced on Thursday, it would be privately issuing bonds to raise RMB 500 million (US $80.81 million) to replenish the company’s depleted cash flow and improve finances.
Continue reading

HC Semitek Receives Government Subsidiary for LED Epiwafer Expansion

HC Semitek announced Monday, the company received subsidiary from the Chinese government for its third phase LED EPI-wafer expansion project.
Continue reading

HC Semitek Receives RMB 6 Million MOCVD Subsidy

Chinese LED chip manufacturer HC Semitek announced recently, the company received RMB 6 Million (US$ 990,000) MOCVD subsidy from China’s Ministry of Industry and Information Technology (MIIT). The subsidy that was recently approved by the ministry was applied under the “Domestic MOCVD development/ Industrialization of ultra bright LED” from the ministry’s “2013 Electronic Communication Industry Development Fund Project Guide”. Under the project, all funding provided needs to be invested into equipment or material procurement. 
Continue reading
New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interest... READ MORE
Cree LED delivers superior brightness, light quality and efficiency for portable applications. Our XLamp® LEDs are ideally suited for torch, flashlight, tactical flashlight, head lamp, bike light, weapon light and lantern portable applicat... READ MORE