China LED inventory growing

Nov 21, 15:22

China's LED industry has been facing pressure due to high levels of inventory and oversupply in the market. The second factor has caused prices of LED chips to drop more than 20%...

Taiwan LED packaging houses outperform chipmakers in October

Nov 16, 15:00

Total revenues of Taiwan-based publicly traded LED firms in October 2011 reached NT$7.69 billion (US$255 million), a 3.47% decrease on month and 10.2% decrease on year. The revenue...

LED sapphire price to return to stability in 2012

Nov 15, 01:05

The price of 2-inch sapphire substrates continues to hold at around US$10/unit. However, industry sources indicated starting from the second half of October, there has been some sapphire...

Price of LED packaging may reach 1,000lm/US$ in 2015

Nov 10, 15:40

The LED lighting industry has been targeting a price for LED packaging to reach 500lm/US$ in 2012 and hit the threshold of 1,000lm/US$ in 2015. This target is five years ahead of...

LED chipmakers Huga, Epileds post revenue declines for October

Nov 10, 01:10

LED chipmakers Huga Optotech and Epileds Technologies both have suffered a decline in revenues for October due to off-peak season effects. Capacity utilization rates at chipmakers...

Downstream LED firms outperform upstream peers in 3Q11

Nov 1, 01:05

Taiwan-based LED firms have been reporting third quarter revenues. Upstream LED chipmakers such as Formosa Epitaxy and Huga reported third quarter earnings per share (EPS) of negative...

Epistar reports 3Q11 EPS of NT$0.02

Oct 28, 11:12

Taiwan-based LED chipmaker Epistar reported third-quarter revenues of NT$4.26 billion (US$143 million), a 20% decrease on quarter and 26% decrease on year. Due to a decrease in utilization...

Wellypower showcasing new LED light bulb at FPD International 2011

Oct 28, 11:01

Taiwan-based LED firm Wellypower is currently showcasing the new Ceres LED light bulbs with a 270-degree emission angle at FPD International 2011 in Yokohama, Japan. The firm plans...

Epileds aims at gross margin of 30% in 4Q11

Oct 25, 15:15

Taiwan-based LED chipmaker Epileds Technologies debuted on the Taiwan Stock Exchange (TSE) on October 24, 2011. The company's gross margin of the first three quarters in 2011 reached...

Low demand likely to cause 10% of China-based LED chipmakers to close in 2H11

Oct 13, 14:19

Due to heavy losses resulting from weak demand as well as over expansion, about 10% of LED companies in China are expected to withdraw from the segment soon. The rapid growth of the...

Total sales of LED firms decline in 3Q11

Oct 13, 14:01

Combined revenues of listed LED companies, including LED epitaxial wafer and chip makers and LED packaging firms, in Taiwan totaled NT$24.92 billion (US$819.74 million) in the third...

Tekcore clearing out inventory

Sep 15, 12:20

Tekcore has been aggressively clearing out inventories. Tekcore hopes to return to a normal level of inventory turnover. Weak demand in the market has extended Tekcore's inventory...

LED sapphire substrate firms post poor August sales

Sep 13, 14:04

Major Taiwan-based sapphire substrate makers Crystal Applied Technology, Crystalwise Technology and Tera Xtal Technology have reported sequential declines in revenues of 52%, 44%...

Nichia files patent infringement lawsuit against Everlight

Sep 2, 10:32

Japan-based LED firm Nichia Corporation has filed a patent infringement lawsuit in Tokyo District Court to enjoin Chip One Stop from infringing Nichia's patent (No. 4530094, or "patent...

Everlight reports 2H11 EPS of NT$2.12

Aug 29, 15:03

Taiwan-based LED packaging house Everlight has reported EPS of NT$2.12 (US$0.07) for the first half of 2011. Gross margin in the second quarter was 22.85% with EPS reaching NT$1.03,...

Taiwan LED firms show 18% decrease on year, in July revenues

Aug 18, 15:06

Low demand affected the July revenues of LED firms. According to research institutes, Taiwan-based LED firms' total revenues in July were NT$8.648 billion (US$299 million), a 6.35%...

China-based LED firm Elec-Tech searches for strategic partners in Taiwan

Aug 3, 15:26

Tony Wang, chair of China-based LED firm Elec-Tech International recently visited Taiwan in search of strategic partners. Elec-Tech added Taiwan-based sapphire substrate maker Procrystal...

Cross-strait cooperation a method to gain market share in China's growing LED industry

Aug 3, 10:25

Taiwan-based LED firms have been eager to enter China's LED market. Through cooperation, Genesis Photonics and Ledtech both signed strategic alliance agreement with China-based Potevio...

Asia will sustain LED business over near term, says Information Network

Aug 2, 14:55

While steady and positive proliferation of LED lighting products continues, key price points could trigger real commercial demand, and Korea, Japan, and China have the solutions according...

Huga delays TSE listing

Jul 27, 01:10

The LED market continues to be weak. Growth in the third quarter is uncertain, hence LED chipmaker Huga Optotech noted recently it would delay its plans to apply for listing on the...

LED chipmaker Lextar swings back to profitability in 2Q11

Jul 21, 01:25

LED epitaxial wafer and chip maker Lextar Electronics has managed to swing back to profitability in the second quarter of 2011 generating a net profit of NT$112 million (US$3.87 million)...

AUO, CMI shift competition to LED lighting market

Jul 19, 01:40

Taiwan-based panel makers such as AU Optronics (AUO) and Chimei Innolux (CMI) have both been driving LED subsidiaries into the market of LED lighting. One of CMI's subsidiaries, GIO...

China LED chipmakers delay expansion

Jul 13, 10:21

With strong incentives provided by local governments, many China-based LED chipmakers aimed to increase the number of MOCVD equipment in 2010. However, inventory has been piling up...

Huga says growth to hit double digits in 3Q11

Jul 6, 11:04

Taiwan-based LED chipmaker, Huga Optotech, will debut on the Taiwan Stock Exchange (TSE) in August. According to Huga, demand has been slowly returning and it expects growth in the...

Unity Opto and Bright LED June revenues down 30% on-year

Jul 6, 01:15

LED packaging houses Unity Opto and Bright LED both reported approximately 30% on-year decreases in June revenues. According to industry sources, demand in the TV market has been...

ITRI forms industrial association to develop plant factories in Taiwan

Jun 30, 12:18

Taiwan's Industrial Technology Research Institute (ITRI) has formed an industrial association aiming to promote the development of plant factories in Taiwan with more than 20 companies...

Fire breaks out at Formosa Epitaxy plant

Jun 29, 16:05

A fire broke out at an LED chip plant operated by Formosa Epitaxy in Taiwan on June 28. According to Formosa Epitaxy, the fire was put out quickly and no injuries were reported.

LED backlight to enter boom season in 3Q11, says Lextar chairman

Jun 15, 15:24

Lextar has stated 50% of current lighting shipments are for Japan-based customers, adding that lighting will contribute 40% of total revenues by the end of 2011. David Su, chairman...

Tekcore may advance board reelection

Jun 13, 15:39

Taiwan-based LED chipmaker Tekcore has delayed the reelection of its board of directors trying to fend off control by two major sharehokders, Everlight and Epistar. But the move seems...

Epistar announces 2010 dividend of NT$4.50

Jun 10, 16:30

LED chipmaker Epistar announced cash dividends of NT$4.50 on June 10 during a shareholders meeting.

Chicony takes seat on Genesis board

Jun 10, 12:03

Taiwan-based LED chipmaker Genesis Photonics held shareholders' meeting on June 9 and completed reelection for board of directors. PC peripheral maker Chicony takes a seat on the...

Taiwan-based LED chipmakers report mixed May performances

Jun 9, 12:25

LED chipmaker Epistar saw May revenues increase on month by 12.7% to NT$1,908 million (US$66 million). The figure also represents a 9.3% increase on year. According to Epistar, the...