LED package manufacturer Everlight and Japan’s largest LED manufacturer Nichia initiated patent wars in Japan, Taiwan, Germany, U.S. and other countries for the past decade, reported Chinese-language magazine Money Weekly. Nichia is ...
Tags: LED Industry, LED patents, LED lighting
Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly. The lighting industry is entering a ...
Tags: Opple Lighting, OEM models, LED lighting
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 ...
Tags: Cree, LED lighting, Business Restructure
Globalized competition is inevitable in the LED industry with an increasing number of overseas LED companies entering Chinese market and vice versa. Chinese LED companies acquire renowned international manufacturers, fewer companies ...
Last week Samsung became the latest big-hitter to change its strategy in the LED lighting sector, with the Korean technology conglomerate making a significant retreat. Having identified the emerging application as a key growth area just ...
Tags: Samsung, LED Lighting, luminaire markets
Finnish food company Raisio Group is planning to streamline operations and cut down costs in the UK in view of the present operating environment, market conditions as well as changing consumer demands. The company's UK unit manufactures ...
Tags: Raisio, snack, breakfast cereals
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
The scale of China’s LED package market is projected to expand 16% year on year to RMB 61.4 billion in 2015, according to the latest Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of Chinese LED ...
Tags: led, package, acquisitions
The LED market has shown mixed results in different global regions recently. Stagnant LED shipment growth, and plunging sapphire substrate prices have brought related manufacturers operations under the market lime light. Market sources ...
Tags: sapphire industry, restructure, LED market
The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
Two of the best known Taiwanese personal computer (PC) vendors, Acer Inc. and Asustek Computer Inc. (Asus), are aggressively targeting the mobile-device market, especially the smartphone segment, by launching several new cellphone models in ...
Tags: PC Vendors, Smartphone
MillerCoors is closing its brewery in Eden, North Carolina due to sales decline as there has been a visible shift in consumer preferences from mainstream beer to crafts beer. The Eden brewery was the first to brew Miller Genuine Draft. ...
Tags: MillerCoors, crafts beer, brewery
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
Pump manufacturer Concentric AB will lay off 34 staff as part of its plan to restructure its new manufacturing unit in Chivilcoy, Argentina, in the wake of drooping demand in commercial vehicle market in South America. The entire one-off ...
Tags: Pump, commercial vehicle