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NEWS TAGGED FORMOSA PLASTICS
Wednesday 17 November 2010
LED demand for TV backlighting to take off in March 2011
With vendors completing inventory adjustments, LED orders for LCD TV backlighting started to pick up in November 2010 and will increase significantly in March 2011, helping to boost...
Wednesday 17 November 2010
Parent company and affiliates support Nanya fund raiser
With DRAM spot and contract prices both down, memory maker Nanya Technology saw its stock price fall to NT$15.30 (US$0.506) on November 16, below the NT$16.50 new share offering price...
Tuesday 16 November 2010
Wafer Works announces investment in Formosa Epitaxy
Wafer Works on November 15, 2019 announced a US$600,000 investment for a 1% equity interest in Formosa Epitaxy's new subsidiary in Jiangsu, China. Although the acquisition is merely...
Wednesday 10 November 2010
Formosa October revenues up, Tekcore down
LCD chipmaker Formosa Epitaxy saw its October 2010 revenues increase slightly by 0.04% sequentially, while fellow chipmaker Tekcore reported a 13.76% sequential drop.
Friday 29 October 2010
Epistar, Formosa report sequential growth in 3Q10 net profits
LCD chipmakers Epistar and Formosa Epitaxy saw net profits increase sequentially to NT$1.9 billion (US$61.94 million) and NT$446 million, respectively, for the third quarter of 201...
Friday 8 October 2010
Formosa Epitaxy sees September revenues down 20% sequentially
Taiwan-based LED chipmaker Formosa Epitaxy has posted revenues of NT$401 million (US$13 million) for September, decreasing 20% sequentially but increasing 65.7% on year.
Monday 4 October 2010
LED chipmakers expect September revenues to fall further
LED chipmakers including Epistar, Formosa Epitaxy and Tekcore expect revenues in September to continue to drop amid dropping demand for TV backlighting, and gross margins for the...
Wednesday 8 September 2010
Unity Opto, Formosa Epitaxy lower 2010 forecast for global LED TV penetration
Taiwan-based LED chip packager Unity Opto Technology and LED chipmaker Formosa Epitaxy have downward adjusted their projected proportions of global LCD TV shipment volumes for LED-backlit...
Tuesday 7 September 2010
Taiwan LED packagers, chipmakers report sequential drop in August revenues
LED chip packaging house Unity Opto Technology saw August revenues slip 4.6% sequentially but up 58% on year to NT$670 million (US$20.979 million). Revenues from January through August...
Tuesday 31 August 2010
Formosa Epitaxy sees record 1H10 gross margin
Taiwan-based LED chip maker Formosa Epitaxy has released its financial report for the first half of 2010, with results showing a gross margin of 43.58%, a record half-year figure...
Friday 16 July 2010
LED chipmakers develop new substrates to improve heat dissipation
LED chipmakers are developing new substrates based on copper-tungsten, ceramic or diamond thin-film to replace sapphire substrates to improve heat dissipation amid the surging demand...
Tuesday 29 June 2010
Formosa Epitaxy to raise capital for expanding LED capacity
Formosa Epitaxy, a Taiwan-based maker of LED chips, plans to issue up to 150 million new shares to raise an additional capital of about NT$6.4 billion (US$162.6 million) to expand...
Monday 14 June 2010
LED chipmaker Formosa Epitaxy targets pico projector market
Formosa Epitaxy shipped one million green LED chips in May to three pico projector vendors in Taiwan and South Korea, and expects pico projector shipments to account for 10% of revenues,...
Monday 10 May 2010
LED chipmakers, packaging houses report mixed results for 1Q10
Players in Taiwan's LED industry have reported mixed results for the first quarter of 2010.
Thursday 6 May 2010
LED players see April revenues rise
LED chipmaker Formosa Epitaxy (FOREPI) and LED packaging house Unity Opto Technology both saw 20% on-month growth in April revenues with LED chipmaker Tyntek and LED leadframe maker...