Genesis Photonics, Formosa Epitaxy report heavy losses for 4Q11

Mar 30, 16:42

LED chipmakers Genesis Photonics and Formosa Epitaxy both have reported losses for the fourth quarter of 2011, resulting in a nearly 50% on-year decline in profits for Genesis in...

Formosa Epitaxy to expand MOCVD capacity in 2012

Mar 27, 01:25

Taiwan-based LED chip maker Formosa Epitaxy, in view of increasing demand for LED chips used in backlight units of LCD TV panels and lighting products, will expand its production...

LED chipmakers and packaging firms suffer revenue declines in December

Jan 10, 15:58

Affected by seasonal factors, most Taiwan-based LED chipmakers and LED packaging companies have posted declines in revenues for December, with the setbacks suffered by upstream chipmakers...

LED lighting makers eyeing agricultural sector

Jan 4, 15:09

Low demand for LED TV backlight units (BLUs) has been causing LED firms to seek markets elsewhere. Some Taiwan-based LED firms have been trying to enter the agricultural sector by...

Epileds, Formosa Epitaxy report falling November revenues

Dec 13, 01:35

The LED industry continues to feel low demand in fourth-quarter 2011. Despite there being some urgent orders for backlight products, the price drops and high inventory will likely...

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...

LED chipmakers likely to report losses for 3Q11

Oct 24, 15:07

Upstream LED chipmakers are likely to report losses in the third quarter due to low demand, according to market estimates.

LED firms report disappointing third quarter revenues

Oct 11, 15:39

Several Taiwan-based LED firms have reported falling September and third-quarter revenues showing the low season in the LED industry in the third quarter.

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,...

Orders for large-size LED BLUs declining in July

Jul 21, 14:41

Orders for large-size LED backlight units (BLUs) from downstream TV makers so far this month have been lower than those received in June, according to sources at LED chipmakers. Since...

Increase drive current can rapidly lower LED costs, says FOREPI chairman

Jul 12, 14:46

Cost-down has become the focus of competition in the LED industry. According to Frank Chien, chairman of Formosa Epitaxy (FOREPI), the IT industry has been focusing on increasing...

Taiwan-based LED firms invest heavily in China

Jul 8, 14:43

Taiwan-based LED firms have been aggressively entering the market in China. According to statistics, the accumulated investments into China from Taiwan-based firms have exceeded NT$40...

LED lighting prices dropping rapidly due to increased competition

Jul 5, 01:05

A large influx of LED firms has been causing the industry to compete by lowering prices. The magnitude of price falls in the first half of 2011 has reached the level of the total...

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.

Canyang Optoelectronics obtains US$50 million joint lending

Jun 24, 15:19

Jiangsu Canyang Optoelectronics, a maker of LED epitaxial wafers and chips established in eastern China by Taiwan-based Formosa Epitaxy on a joint venture basis, has signed with four...

Formosa Epitaxy to gain more distribution channels in China

Jun 22, 10:37

Taiwan-based LED chipmaker Formosa Epitaxy (FOREPI) has announced the signing of a strategic agent distribution agreement with World Peace Industrial Group to facilitate its LED lighting...

Formosa Epitaxy to sign with China LED lighting sales agent

Jun 20, 10:56

Formosa Epitaxy, a Taiwan-based maker of LED epitaxial wafers and chips, will soon sign with a China-based sales agent and retail chain of LED lighting products through arrangement...

Formosa Epitaxy expects 20% sequential growth in 3Q11 revenues

Jun 17, 10:30

LED chip maker Formosa Epitaxy expects demand for LED backlight and lighting to increase in the third quarter and therefore its corresponding revenues to grow by 20% on quarter, according...

Taiwan LED industry shows improved May performance

Jun 14, 01:45

Industry observers predict LED backlight modules for TV applications will demonstrate apparent volume production in third quarter 2011 as penetration continues to increase. LED lighting...

LED TV industry facing oversupply concerns

May 24, 01:05

Although the second quarter is the traditional strong season in the TV industry, April sales continued to stagnate for LED TVs. The appreciation of Taiwan's currency and weak demand...

China market: Samsung aims to be largest vendor of LED lighting in 2013

May 20, 10:37

Samsung Electronics has been extending its LED production from backlights to lighting applications with China being the major market, and will shift production of LED lighting products...

LED makers see mixed growth in April revenues

May 9, 16:26

Taiwan-based LED epitaxial wafer and chip makers Epistar and Formosa Epitaxy as well as LED chip packager Everlight Electronics had April revenues decreasing on month, while LED packaging...

Gross margins slip below 20% for some LED chipmakers

May 2, 12:20

LED chipmakers have announced financial performance for the first quarter of 2011, with Epistar and Formosa Epitaxy (FOREPI) both seeing less than 20% gross margins due to decreased...

50% of penetration for LED TV in 2011, says AUO executive VP

Apr 28, 16:10

Despite the weak demand on the consumer end causing doubts in the growth of LED-backlit LCD TVs, the growth of CCFL models in the market is still curbed, according to Paul Peng, executive...

Formosa Epitaxy not optimistic about 2Q11 demand for LED TV BLUs, says chairman

Apr 20, 11:15

LED epitaxial wafer and chip maker Formosa Epitaxy does not expect demand for LED TV backlight units (BLUs) to rebound until the end of this quarter or early next quarter although...

LED makers look to 20-30% sequential revenue growth in 2Q11

Apr 1, 01:20

Taiwan-based LED chip makers Formosa Epitaxy and Epistar expect their second-quarter 2011 revenues to grow 20-30% on quarter, while LED packaging houses Everlight Electronics and...

Formosa posts net lost of NT$1 million for 4Q10

Mar 29, 01:45

LED chipmaker Formosa Epitaxy has announced revenues of NT$1.1 billion (US$37.33 million) for the fourth quarter of 2010, an decrease of 23% sequentially. Net loss for the quarter...

Formosa Epitaxy expects Mitsui partnership to contribute to revenues in 2Q11

Mar 21, 15:39

After LED chipmaker Formosa Epitaxy brought in strategic investor Japan-based Mitsui in 2010, the Taiwan-based company has moved from upstream chip production to LED lighting assembly,...