Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA1 excluding special items rose 24% from a year earlier to EUR 129 million (US$ 142.51 million) , translating into a margin of 9.5%. The development ...
Tags: Osram, smart lighting, LED lighting
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market
Seoul Semiconductor affiliate’s acquisition proposal of Sensor Electronic Technology (SETi) has been approved by the U.S. Department of Defense, according to a report by The Korea Times. "Seoul Viosys, an affiliate of Seoul ...
Tags: Seoul Semiconductor, UV LED chips, Viosys
GE has partnered with Beacon Lighting to expand the reach of its LED business in Australia and New Zealand. Beacon, operating under Light Source Solutions, will be the sole distributor for GE's commercial and residential lighting ...
Tags: GE Lighting, Beacon Lighting, LEDs
Aucksun’s financial statement for first half of 2015 revealed, the company’s revenue rose 9.73% from a year earlier in 2Q15 to RMB 732 million (US$ 126 million), with RMB 137 million net profit, translating into 31.27% ...
Tags: Aucksun, LED lighting, LED chips
Forest Lighting (also know as MLS) plans to non-public issue stocks 6.1 million shares at RMB 38.11 (US$ 6) per share. The offering will raise about RMB 2.3 billion and will be used to fund several initiatives, including Xiaolan SMD LED ...
Tags: MLS, LED packaging, LED lightings
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
Soaring LED lighting penetration rates, followed by the maturation of LED lighting technology. Although, market demands have soared, LED lighting demand growth in mature markets have eased, due to intense pricing competitions. As a result, ...
Tags: LED lighting, LED package, EVE Lighting
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 ...
Taiwanese LED manufacturers have been affected by Chinese manufacturers’ low pricing strategies, even the Taiwanese LED stock market was hit hard, reported SET News. A lot of market rumors speculate Lite-On will be shutting down its ...
Tags: LED Business, low pricing
Philips Lighting CEO Eric Rondolat recently met with India Prime Minister Narendra Modi during the biannual “key market visit” to discuss smart cities, smart lighting and solar lighting opportunities in Indian metropolitans, ...
Tags: Philips Lighting, LED business, business strategy, connected lighting
Panasonic aims to increase its European lighting revenue in 2018, reported Kyodo News. The plan is to raise lighting revenue in Europe from JYP 30 billion (US $330 million) in 2014 to JYP 36 billion by 2018. Panasonic analyzed there is ...
Tags: Panasonic, European market, Lighting Revenue
Two new LED market surveys reveal the growing importance of Chinese suppliers to the world market and the significant growth forecast for LED multifaceted reflector lamps. Firstly, China’s significant investment in its LED ...
Tags: LED industry, MR Lamp, worldwide market
Now established in curing, UV LED technology is expected to find growth opportunities in disinfection, purification and other new applications by 2017, says a market analyst. Under its new technology and market report entitled UV LED ...
Tags: UV LEDs, New Markets, Disinfection, Purification
Noribachi, a leading U.S.-based custom LED manufacturer and Samsung Electronics, a global leader in advanced component solutions, announced establishment of a major partnership. This broad partnership will draw upon the technology and ...
Tags: Samsung, Noribachi, business strategy, partnership