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Sony Corp predicted a return to profit this year as it looks to halve the losses in its TV business that pushed the Japanese consumer electronics giant to a record loss of $5.74 billion in the year just ended.
Reuters
Philips this fall will release an LED bulb as bright as a 100-watt incandescent lamp, filling out its existing LED line. The company will add to its EnduraLED line with a lamp that gives off almost 1,700 lumens, or about the amount of light as a 100-watt incandescent, and consumes 23 watts. The product will be available this fall. Philips did not disclose the price but it is expected to be in the $40 to $50 range.
CNET
Everlight Electronics Co., Ltd., a Taiwan-based LED maker, has filed a patent infringement lawsuit against its Japan-based rival Nichia Corp. in the US District Court for the Eastern District of Michigan.
LEDs Magazine
Microsoft Windows 8 has long been touted as the savior of the laptop and notebook market - which faces a very real threat from Apple's iPad and various Android tablets. ?嚙踝蕭嚙?Dis=310
TG Daily
Shares of light emitting diode (LED) lighting vendors moved higher in Taipei Wednesday after local media reported a surge in orders for several major companies in the sector in reaction to looming
Focus Taiwan news channel
Toshiba has predicted profit will rise 83% as sales recover from a slump caused by the strong yen, falling prices and natural disasters.
Bloomberg
Lighting is a major consumer of electricity within commercial buildings, industrial and government facilities, traffic signals, and signs. The use of light-emitting diode (LED) products to lower energy usage and costs is increasing in many countries, including in the Asia Pacific region, where until recently energy efficient lighting products have been seen as overly expensive.
Marketwatch.com (Dow Jones)
Market research organization DisplaySearch recently estimated Taiwan's LED makers to see profit climb in the second due to ramping shipments of LED backlights for LCD TVs and tablet PCs, rising LED prices and new packaging technologies bringing cost down.
CENS
After having declined for the past two years, the price for LCD TV panels rose by US$1 per unit, or 0.79 percent, in the first half of this month, with further price increases expected next month, as the lower yield rate limited supply growth ahead of China's Labor Day shopping holiday this month, market researcher NPD DisplaySearch said.
Taipei Times
LED and OLED lighting technologies take center stage at the Light + Building 2012, a trade fair held in Frankfurt on April 15-20, according to fair organizer Messe Frankfurt.
CENS
GE Lighting has made a significant breakthrough in the move toward greater standardization of LED light engines with the announcement of its first *Zhaga-compliant products.
Marketwatch.com (Dow Jones)
South Korean prosecutors said Thursday they are investigating flat-panel maker LG Display Co. over its alleged infringement of rival Samsung Mobile Display's ultra-thin display technology.
Marketwatch.com (Dow Jones)
North Seattle LED Lighting Company Solid Apollo introduces a simple and progressive way to connect LED strips by launching a product line of durable Snap and Lite Easy Connectors. These state-of-the-art adaptors, joiners and connectors fit every LED strip on the market. These new products will enable electrical contractors, architects, lighting designers, and interior designers to quickly and easily install LED lighting systems. Now you can achieve solderless electrical connections in just seconds.
San Francisco Chronicle
Pocahontas, Iowa, population about 1,700, is on the cutting edge of a tech revolution. It replaced all 280 of its street lamps with semiconductors that convert electricity into light.
San Francisco Chronicle
LDK Solar Co. (LDK), the world's second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that's pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings.
Bloomberg
LG Electronics will steal a march on its rivals by bringing forward the launch of a 55-inch flat TV using next-generation technology, raising the stakes in a cut-throat battle for the living room between Asia's top tech powerhouses.
Business Standard
Chimei Innolux Corp. (3481.TW) cut its capital expenditure for this year by 40% as it stayed in the red for a seventh consecutive quarter because of sluggish demand for display panels.
The Wall Street Journal
Epistar Chairman B.J. Lee yesterday said that sales from lighting LEDs will likely account for 20%, or NT$4 billion (US$137 million at US$1:NT$29), of the company's revenue for this year, up from last year's 15%.
CENS
Samsung Electronics has announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year.
Company release
Merger will take effect on July 1, 2012.
Company release
The travel industry complained yesterday that the government's recent decision to raise fuel prices and electricity rates will have a negative impact on the industry due to increased operational costs.
China Post (USE The China Post)
President Ma Ying-jeou repeated his call for energy saving Wednesday and revealed that the Presidential Office might replace all lamps in th
Focus Taiwan news channel
Flat-panel maker LG Display Co. said Tuesday that it stayed in the red for a third consecutive quarter, hurt by continued sluggish demand for television panels, but added it's now seeing green shoots of recovery and may swing back to profit in the current quarter.
The Wall Street Journal
LG Electronics Inc. posted its first profit in three quarters, beating expectations thanks to a revival in its mobile business and demand for high-end TVs.
Business Week
LG Electronics Inc, the world's No.2 television maker, more than trebled its quarterly profit to $393 million on improved margins and a pick-up in high-end TV sales, underscoring South Korea's dominance in an industry once ruled by Japanese rivals.
Reuters
Japan's Sony Corp is in talks with Taiwan's AU Optronics Corp to jointly produce next-generation OLED televisions, the Yomiuri Shimbun reported, positioning itself for the post-liquid crystal display (LCD) TV market.
Reuters
Japan's Sony Corp is in talks with Taiwan's AU Optronics Corp to jointly produce next-generation OLED televisions, the Yomiuri Shimbun reported, positioning itself for the post-liquid crystal display (LCD) TV market.
Reuters
There is a good chance for Taiwanese LCD panel makers to return to the black next quarter, because recovering demand for TV panels will help end prolonged oversupply and trigger a round of price rebounds, market researcher NPD DisplaySearch forecast yesterday.
Taipei Times
Japan's Sony Corp is in talks with Taiwan's AU Optronics Corp to jointly produce next-generation OLED televisions, the Yomiuri Shimbun reported, positioning itself for the post-liquid crystal display (LCD) TV market.
Chicago Tribune
Promising change and announcing a string of goals, Sony's chief executive, Kazuo Hirai, detailed on Thursday a revival plan that included a shift away from the company's unprofitable TV business and a plan to cut 10,000 jobs.
New York Times
Samsung South Africa said that they will be introducing a new line up of LED TVs, featuring Samsung's Triple Protector Technology, which they believe will be more affordable for the consumer.
My Broad Band
LED lighting, solar energy, and 3D glasses projector are set to be on the top of the agenda at an upcoming annual meeting designed to set industry standards for Taiwan and mainland China, according to chairman of Sinocon Industrial Standards Foundation of Taiwan, R.L. Chen.
CENS
The US government sued Apple and five publishers, saying they conspired to fix the prices of electronic books, and reached a settlement with three of the publishers that could lead to cheaper e-books for consumers.
Reuters
Taiwan's economic ministry said on Monday that said Taipower has applied to raise electricity prices by mid-May in response to a surge in global crude prices this year.
Reuters
State-run Taipower's proposal to drastically hike electricity prices was blocked yesterday in a meeting arranged by the Ministry of Economic Affairs, giving a brief respite for households and companies.
Taipei Times
LED-lamp maker Leadray Energy Co., Ltd., partly held by Ritek Inc. and Nien Hsing Textile Co., Ltd., has recently unveiled a factory in Miaoli, northern Taiwan, completely outfitted with in-house-made LED lamps.
CENS
China returned to an export-led trade surplus of $5.35 billion in March, heralding the prospect that a rebound in the global economy is lifting overseas orders just in time to compensate for a slowdown in domestic demand
Wall Street Journal
Lighting manufacturer Cree Inc. says it has halved the cost of its light-emitting-diode streetlights and hopes the new lower prices will sway local governments to adopt the new technology.
Wall Street Journal
Sony Corp flagged a record $6.4 billion annual net loss, double its earlier forecast and a fourth straight year of red ink, inflated by writing off deferred tax credits mainly in the United States.
Reuters
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