“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
Taiwanese LED manufacturers revenue performance continued to wane in August, according to Pingan Securities. Revenue performances downed both annually and on a monthly basis, according to statistics released by Taiwanese companies. The ...
Tags: August, LED revenue, Taiwanese market
Quirky (“Quirky”) and its affiliates (together, the “Company”) announced today that it filed a voluntarily petition under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern ...
The U.S. Department of Energy has released a new report on the comprehensive street lighting restoration currently being undertaken by the City of Detroit, which includes transitioning the existing high-pressure sodium (HPS) sources to LED. ...
Tags: DOELED, Streetlight, Detroit
Quiksilver, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved a variety of First Day Motions related to its voluntary Chapter 11 restructuring. Collectively, the orders granted by the ...
Tags: Quiksilver, Roxy, DC
Fisker Automotive and Technology Group (FATG), which was purchased by China-based Wanxiang last year following its bankruptcy, will come up with a manufacturing unit in California, US, to revive its Karma hybrid electric car. The new ...
Tags: Electric Car, Fisker Automotive and Technology Group, Karma Electric Car
Apple and electric battery maker A123 Systems are nearing settlement of a legal tiff that saw the latter accusing the former of poaching its staff to set up a battery unit for its electric car venture. While final details are being worked ...
Tags: Apple, A123 Systems
British company woos parents with its heritage brand name, service and quality With the birth of Britain's royal baby, Prince George, having caused a sensation in China, it is hardly a surprise to see the royal family's choice of pram, ...
Tags: Royal Pram, Chinese market
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Karmaloop Inc., a 15 year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, has begun a formal restructuring and set a sales auction process. The restructuring and new ...
Tags: Karmaloop Inc, Brand val, Sporting Goods
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
Chinese manufacturer Desay has announced a new budget smartphone with one stand-out feature - a super-tough sapphire glass display. The Magical Mirror X5 from Desay, a Chinese state-controlled manufacturer, is a 6.95mm thick smartphone ...
RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
GT Advanced Technologies has announced that following the bankruptcy court's recent approval of its settlement agreement with Apple, GT is now pursuing ASF furnace opportunities for sapphire cover glass applications across the broader ...
In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light