Lextar expected to see 2Q13 gross margin rise to 13-14%
May 21, 19:55
Lextar Electronics is expected to see gross margin rise from 6.82% for the first quarter of 2013 to 13-14% for the second due to growing orders for LED backlight units used in TV, monitor, tablet and smartphone panels, according to market analysts.
Commentary: High-end LED lighting in demand
May 20, 12:31
Apart from gradually replacing traditional lighting, LED lighting is targeting the high-end market with more value-added products. In addition, commercialization of OLED lighting has also started.
Taiwan LED firms to attend Guangzhou International Lighting Exhibition 2013
May 17, 11:24
The Guangzhou International Lighting Exhibition 2013 will be held in China from June 9-12. As China is one of the major LED lighting markets in the world, Taiwan-based firms such as Epistar, Everlight, Lextar, Lite-On Technology, Genesis Photonics, Delta Electronics and Edison Opto will all particip...
LED plant factory market to reach US$1.2 billion in 2013, says PIDA
May 16, 14:15
The compound annual growth rate (CAGR) for LED lighting for plant factories is estimated at 27% from 2011-2018, according to Taiwan's Photonic Industry and Technology Development Association (PIDA). In 2013, this market segment is expected to reach US$1.2 billion, said PIDA.
New generation iPhone may adopt sapphire crystal glass for home button
May 15, 21:46
Market rumors that the new generation of Apple's iPhone may adopt sapphire crystal glass for the home button have been circulating and Taiwan-based sapphire substrate maker Tera Xtal has reportedly sent samples to Apple for verification. However, the firm refused to comment on the rumors.
Ledlink to begin LED lighting shell volume production in May-June
May 15, 14:30
Taiwan-based LED optical lens maker, Ledlink Optics, saw its first-quarter gross margin fall to 43%. According to Telung Tang, CEO of Ledlink, performance in the second quarter is expected to show growth and mass production of LED omni-directional lighting shells will begin in May-June.
Sanan suspends fund-raising plan
May 13, 11:56
China-based LED chipmaker Sanan Optoelectronics has reportedly halted the second-phase construction of its plant in Wuhu, China, following a company annoucement that it has suspended a plan meant to raise funds for the plant project.
Unity Opto sees 1Q13 revenues up 88% on year
May 13, 10:26
Taiwan-based LED packaging house Unity Opto has announced first-quarter 2013 consolidated revenues of NT$1.79 billion (US$59 million), representing an on-year increase of 75.6%. Net profits were NT$92 million, up 88.6% on year.
Lite-On Technology adjusts merger plans
May 10, 10:38
Lite-On Technology has announced adjustments to its planned merger with Lite-On IT. As of May 7, 2013, Lite-On Technology has obtained 93.76% of Lite-On IT shares. According to regulations, Lite-On IT will be delisted and 50 days from the delisting date, Lite-On Technology will buy all the remaining...
Everlight, Edison Opto see rising April revenues
May 9, 21:24
Taiwan-based LED packaging house Everlight Electronics has reported April consolidated revenues of NT$1.935 billion (US$65 million), representing an on-month growth of 4.48% and an on-year increase of 33.59%. The firm expects May revenues to be flat. Evelright noted that demand in all LED applications...
Ledlink reports 43.34% gross margin in 1Q13
May 9, 13:54
Taiwan-based LED optical lens maker Ledlink reported first-quarter consolidated revenues of NT$227 million (US$7.7 million), down by 7.21% on quarter but up by 31.55% on year. The gross margin in the first quarter was 43.34%, lower than the gross margin of 51.5% reported in the fourth quarter of 201...
LED price drops ease in China
May 9, 12:26
China-based LED firms have slowed down the pace of price cuts as LED chipmakers face shrinking profit margins. Taiwan-based firms noted that China-based LED industry leader Sanan Optoelectronics has been limiting its price decline, easing pricing pressure on Taiwan peers.
Edison Opto expanding capacity at China factory
May 8, 14:56
LED packaging house Edison Opto began to expand production capacity at its factory in Yangzhou, eastern China, by 40% in the first quarter of 2013, with the expansion to be completed by the end of June 2013, according to the company. Edison has reached full utilization rate and is expected to see a...
Ledlink starts production at factory in eastern China
May 8, 14:51
Taiwan-based LED optical lens maker Ledlink on May 7 began production at its new factory in Yangzhou, eastern China, and will expand injection molding capacity from 40 sets initially to 60-100 at the end of 2013, according to the company. The factory occupies a plot of 33,300 square meters (8.24 acres)...
Lextar reports 1Q13 revenues with 22% sequential growth
May 7, 10:22
Taiwan-based LED firm Lextar reported first-quarter 2013 consolidated revenues of NT$2.888 billion (US$97 million), representing on-quarter growth of 22.5% and an on-year growth of 31.7%. In particular, the consolidated operating profit ratio was 6.8% in the first quarter while net profits reached...
Unity Opto sees April revenues increase 41% on year
May 7, 10:20
Unity Opto posted consolidated revenues of NT$695 million (US$23.4 million) for April, increasing by 6.85% on month and by 41.8% on year. The growth was due to increasing sales of LED TVs and shipments of LED lighting fixtures, according to the firm.
LED market oversupply may delay investment projects
May 2, 14:56
Rising demand for LED backlight and lighting products helped LED chipmakers see capacity utilization rates increase to 90% in the second quarter. Despite shortages of high-end products, the overall LED industry continues to be in oversupply. Market rumors regarding possible changes to the LED epitaxial...
Everlight hopes to expand share in China LED lighting market
Apr 29, 14:36
Taiwan-based LED packaging house Everlight has own-brand LED lighting products and market observers believe the firm's 2013 LED lighting revenues may reach NT$2-3 billion (US$67-101 million). The firm plans to shift market focus to China in 2013 and expects revenues from China to surpass revenues from...
Cree reports financial results for fiscal 3Q13
Apr 26, 14:46
US-based LED firm Cree reported US$348.9 million in revenues for the third quarter of its fiscal year 2013, ended March 31, 2013. The figure showed an on-quarter increase of 1% and an on-year increase of 23%.
Sapphire substrate prices may increase in 2Q13
Apr 25, 21:43
Sapphire substrate makers have noted that order visibility is clear to May due to expected demand growth in the LED backlighting and lighting markets. Market observers believe prices of sapphire substrates are likely to increase slightly in the second quarter. Current prices of 2-inch sapphire substrates...
Sapphire substrate market in oversupply
Apr 24, 14:58
The market of sapphire substrates, an upstream material for LEDs, has been in oversupply with prices falling. The prices are lower than the production costs of many firms. This has also caused many tier-two sapphire firms to purchase sapphire ingots from large-size sapphire makers to manufacture substrates...
Taiwan LED firms eying Japan market in 2013
Apr 22, 15:53
Taiwan-based LED firms aim to expand share in the Japan market in 2013. Japan-based firms used to have strong competitive advantages due to patents. However, some of the lawsuits recently filed against Taiwan-based LED firms by Japan-based Nichia have been rejected. This means Taiwan-based firms are...
International brands lead LED light bulb price competition
Apr 22, 14:14
The global LED light bulb pricing has been falling in 2013 because some large-size industry leading brands have introduced low-price products. Market observers believe demand in the residential LED lighting market is expected to grow and simplified designs are likely to bring down costs by 20% in 20...
Everlight optimistic about 2Q13
Apr 19, 10:31
Order visibility is clear to May and monthly revenues are expected to reach a record high in the second quarter, according to Pang-Yen Liu, general manager of Production Business Group at Everlight.
China LED tube, light bulb penetration rate to exceed 15% in 2013
Apr 17, 22:14
Under the 12th Five-Year Plan, local governments in China continue to promote LED lighting. Due to lack of strong international sales in 2012, China-based LED lighting firms have been focusing on domestic demand. Market observers believe the penetration rate of LED tube and light bulbs will exceed...
Taiwan LED firms report rising total March revenues
Apr 16, 12:18
LED firms that are listed on the Taiwan Stock Exchange (TSE) have reported total March revenues of NT$9.39 billion (US$313 million), up by 35.1% on month. These LED firms are expected to see strong performances in the second quarter due to rising LED backlighting demand from Korea- and Japan-based...
China LED firms may begin dumping in 3Q13
Apr 15, 11:41
LED makers have been seeing rising demand and capacity utilization rates in the second quarter of 2013. However, China-based makers noted that there is currently CNY5 billion (US$807 million) worth of inventory, and if end market demand is not as strong as expected, prices in China will be slashed...
Commentary: Sanan financial report scandal stirs subsidy controversy
Apr 15, 11:34
China-based LED industry leader Sanan Optoelectronics has been accused of falsifying financial reports, according to China-based media. This has sparked a debate concerning what critics say is the China government's excessive support for the country's LED industry. Some reports from China-based media...
Epistar to begin LED lighting filament volume production at end of 2Q13
Apr 11, 21:21
Taiwan-based LED chipmaker Epistar plans to introduce three major LED lighting products in 2013 including LED lighting filaments for which volume production is expected to begin at the end of the second quarter. Epistar predicts sales of the three new products will likely generate NT$1 billion (US$33...
Epistar China joint ventures to expand capacities in 2013
Apr 10, 14:32
Demand for backlighting products for large-size TVs in China continues to rise, according to Biing-Jye Lee, chairman of Epistar. Lee added that the firm's joint venture for LED epitaxial wafers and chips in Xiamen, southeastern China, with China Electronics is expected to reach full utilization in...
I-Chiun sees March revenues increase 29% sequentially
Apr 9, 10:58
Taiwan-based LED lead frame maker I-Chiun Precision Industry has reported March consolidated revenues of NT$557 million (US$18.5 million), showing an on-month increase of 29.69% and an on-year increase of 22.31%. The firm is optimistic about second-quarter performance and believes demand will rise.
Four LED makers see large sequential growth in March revenues
Apr 8, 22:41
Taiwan-based LED epitaxial wafer and chip makers Epistar and Formosa Epitaxy and LED chip packagers Unity Opto Technology and Lextar Electronics had consolidated revenues for March increasing on month by 36.06%, 75.44%, 32.20% and 31.40% respectively, according to the companies.