CONNECT WITH US
NEWS TAGGED LED PACKAGING
Wednesday 27 March 2024
Inventory destocking in China no obstacle to Brightek's growth momentum
Overheated domestic competition in China's automobile market has led to a subdued performance in the traditional Lunar New Year peak season in 2024.
Monday 5 February 2024
Raytheon collaborates with AMD to build next-gen multi-chip package
Raytheon, an RTX company, has received a $20 million contract from the Strategic and Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) consortium to develop a next-generation...
Wednesday 13 December 2023
Harvatek looks to miniLED, IR LED for 2024 growth
Infrared (IR) and miniLED LEDs will drive revenue growth for LED packaging service provider Harvatek in 2024, according to the company. The two target applications are expected to...
Friday 13 October 2023
Chinese packaging companies launch 4th round of price hikes amidst decline in LED profits
With market demand weak, LED manufacturers in both Taiwan and China are facing declines in revenue and profits in 2023. Although Chinese LED makers started to initiate price hikes...
Monday 10 July 2023
Harvatek expects LED packaging demand to stay weak in 2H23, but business to remain profitable for 2023
LED packaging house Harvatek is unlikely to see its revenue grow as strong as expected in the second half as its US-based clients were conservative about demand during the peak season,...
Friday 26 May 2023
LED firm Ledtech returns to profitability
LED packaging service provider Ledtech Electronics swung back to profitability in April, buoyed by a pick-up in demand for low-temperature lighting devices.
Tuesday 23 May 2023
Bright LED, Harvatek still see customers adjust inventory
LED packaging houses Bright LED Electronics and Harvatek continue to see customers adjusting their inventories in the second quarter, putting pressure on their operations. The firms...
Tuesday 16 May 2023
China LED packagers raise quotes by 10%
China-based LED packaging houses, including MLS and DSBJ, have raised their contract quotes by up to 10% starting May, according to industry sources.
Friday 12 May 2023
LED firm Edison Opto steps up deployment in automotive segment
LED module and packaging service provider Edison Opto has stepped up its deployment in the automotive segment, with plans to add a new LED automotive lighting product line in June,...
Friday 7 April 2023
Taiwan LED packaging houses see automotive products drive growth
Taiwan-based LED chipmakers and LED packaging houses, including Ennostar, Everlight, Brightek and Edison Opto, are expected to generate more revenue from automotive applications in...
Friday 31 March 2023
Everlight expects profit growth in 2023
LED packaging service provider Everlight Electronics expects its profits to outperform 2022's levels this year, with the correspondent revenue staying flat or increasing slightly.
Thursday 16 February 2023
Everlight sees sales bottom out shortly
Everlight Electronics, an LED packaging service provider, expects its business to bottom out shortly as it has seen a pick-up in shipment momentum.
Wednesday 28 December 2022
Everlight expects invisible LED demand to pick up in 1H23
LED packaging service provider Everlight Electronics expects demand for invisible LED devices to pick up gradually in the first half of 2023 and for other visible models to come one...
Tuesday 29 November 2022
Everlight files patent infringement lawsuit in Taiwan
LED packaging service provider Everlight Electronics has filed a patent infringement lawsuit against two fellow LED makers in Taiwan.
Tuesday 27 September 2022
LED packaging house Ligitek experiences order deferral by clients
LED packaging service provider Ligitek Electronics has experienced order deferral by clients amid unfavorable macro conditions, expressing caution about its sales performance in the...