Reuters recently broke Go Scale Capital’s US $1.93 billion loan to acquire Lumileds and former Philips automotive lighting business. The loan will mostly be used to merge with the $2.8 billion financing to acquire 80% of Lumileds ...
Tags: Philips, automotive 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 ...
Hard disk drive (HDD) makers Western Digital and Seagate have announced their financial results for the third quarter and both makers are seeing their PC business revenue contributions weaken. PC HDDs only contributed about 34% of Western ...
Tags: HDD, PC, Seagate, storage, Western Digital
Apple has placed LCD driver IC orders for its 2016 series of iPhones with Synaptics, indicating its in-house developed touch and display driver integration (TDDI) single-chip solutions will not be ready, according to industry sources. The ...
Tags: Apple, display, driver IC, iPhone, LCD driver
The market for mid-infrared lasers is about to receive a welcome boost from a raft of new medical and military applications. That’s according to a new analyst report from the market research firm Strategies Unlimited, which ...
Tags: mid-infrared lasers, photonics industry, mid-IR region
An American educator resides in a quiet Chinese city owing to her love of teaching, Liu Xiangrui reports in Yinchuan. Having spent about three years in the early 1990s teaching English to the residents of Yinchuan city in Northwest ...
Tags: Smith, poorer children, education
Tokyo-based Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – has sold a 15MW photovoltaic (PV) solar project to Southern Power and Turner Renewable Energy. ...
Tags: copper indium selenium, PV, solar modules
Coca Cola is said to have dropped its plan to buy minority stake in Greek yogurt maker Chobani, as the beverage company believes that it may not fit its portfolio. Sources familiar with the matter told CNBC that the soft drinks giant is ...
On Sep. 10, MLS announced that the company will spend RMB$ 180 million (US$ 278.2 million) to purchase stock in Kaistar Lighting with private fund, acquiring 10.91% of Kaistar’s shares. Kaistar Lighting is a joint venture ...
Leyard announced recently it will acquire Guangzhou Leafun Culture Science and Technology and Glux Visual Effect Tech. Leyard is to acquire 100% of Guangzhou Leafun Culture Science and Technology’s shares with cash and 99% of Glux ...
Tags: LED Manufacturers, Leyard, Acquisition
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
HC Semitek board approved the acquisition of Chinese sapphire substrate manufacturer Crystaland during a recent shareholder meeting. The acquisition deal signals the company is extending its reach into the upstream LED market sector, and ...
Tags: M&A, HC Semitek, Cyrstaland
UBS forecasted oversupply situation in the LED industry will continue into 2016, while sliding LED prices will nullify growing shipment volume advantages, according to a Chinese-language Commercial Times report. These projected market ...
Tags: Epistar, Everlight, UBS ratings
Ajinomoto is investing JPY2.4bn ($20m) on a new production line for frozen rice products at the Oakland facility in the US, as part of its aim to boost production capacity. This line will become operational by 2016. The North American ...
China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy