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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...
Thursday 12 July 2018
China LED makers under US tariff pressure
The US government's latest move to slap a 10% tariff on China-made goods has put pressure on Chinese LED firms whose lighting products, especially decorative lamps, are on the list...
Tuesday 26 June 2018
MLS leapfrogs Nichia to top of China LED packaging market in 2017
China-based LED packaging service provider MLS occupied 8.5% of China's LED packaging market value of CNY65.9 billion (US$9.75 billion) in 2017, surpassing Japan-based Nichia for...
Thursday 26 April 2018
MLS enters automotive lighting market via Taiwan subsidiary
The largest China-based LED packaging service provider MLS has entered the LED automotive lighting market segment through its Taiwan subsidiary, MLS Taiwan.
Wednesday 18 April 2018
Ledvance is growth driver: Q&A with MLS president Lawrence Lin
China-based LED packaging service provider MLS expects Germany-based Ledvance - a lamp business which it has acquired from Osram - to become a main growth driver in 2018, during which...
Tuesday 30 January 2018
LED market to favor buyers in 2018, says MLS
It will be a buyer's market for LED in 2018 as a result of China-based chip makers' capacity expnasion, giving packagers an upper hand in price negotiation, according to China's biggest...
Friday 26 January 2018
MLS revenues up 48.5% in 2017
The largest China-based LED packaging service provider MLS has reported consolidated revenues of CNY8.2 billion (US$1.21 billion) for 2017, increasing 48.54% on year. Its net operating...
Friday 13 October 2017
MLS to surpass Everlight in 2017 revenue
The largest China-based LED packaging service provider MLS is likely to see 2017 consolidated revenues exceed those for Taiwan-based fellow Everlight Electronics for the first time...
Thursday 24 August 2017
China LED makers expanding capacities
Major China-based LED epitaxial wafer and chip makers San'an Optoelectronics and HC SemiTek as well as LED packaging service providers MLS, Foshan Nationstar Optoelectronics and Hongli...
Thursday 6 April 2017
MLS to have full control of Ledvance
The largest China-based LED packaging service provider MLS will spend up to CNY4 billion (US$580 million) acquiring the whole ownership of Guangdong Mingxin Optoelectronic, which...
Thursday 23 March 2017
MLS to set up joint venture in US
The largest China-based LED packaging service provider MLS has signed with US-based LED lighting vendor Lighting Science Group (LGS) and LGS' subsidiary LGS MLS JV Holdings (SPV)...
Tuesday 7 March 2017
China LED lighting makers to hike prices due to rising costs
In response to increased material costs for aluminum substrates, copper foil, plastic and paper boxes for product transportation, China-based LED lamp and light bulb/tube makers will...
Wednesday 15 February 2017
Interview with MLS CEO: MLS poised to closely cooperate with Ledvance
Germany's Federal Ministry of Economics and Technology as well as Committee on Foreign Investment in US (CFIUS) under the US Department of the Treasury have approved Germany-based...
Monday 13 February 2017
MLS hikes prices for some products
The largest China-based LED packaging service provider MLS has taken the initiative to hike quotes by 15% for some LED packaging, according to industry sources.
Thursday 9 February 2017
Global demand for LED chips for fine pixel pitch displays in 2017 to grow 30-40%
Global demand for LED chips used in fine pixel pitch displays in 2017 will increase 30-40% on year, according to industry sources in Taiwan.