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NEWS TAGGED HUGA
Wednesday 6 February 2013
Epistar, Huga acquisition benefits to show in 2013
Market observers believe Taiwan-based LED chipmaker Epistar is likely to report 2012 net losses due to losses incurred from investments. However, the benefits Epistar's acquisition...
Monday 1 October 2012
Epistar acquires Huga Optotech
Taiwan-based LED chipmaker Epistar will issue new shares in order to obtain a 100% stake in Huga Optotech, the firm announced on September 28. Huga Optotech has been officially acquired...
Friday 24 August 2012
Huga sees shrinking net losses in 2Q12
Huga Optotech reported shrinking net losses of NT$307 million (US$10.24 million) for the second quarter of 2012 due to orders from Epistar. Nevertheless, net losses for first-half...
Friday 10 August 2012
Epistar to take over Huga Optotech via share swap
LED chipmaker Epistar will completely take over subsidiary Huga Optotech through a share swap in which one Epistar share will be exchanged for 4.85 Huga shares, Epistar has announced...
Thursday 9 February 2012
Epistar sees January revenues down 12% on-month
LED chipmaker Epistar announced January revenues of NT$980 million (US$33 million), down 12.26% on month and 29.4% on year. Epistar indicated capacity utilization rate in January...
Thursday 10 November 2011
LED chipmakers Huga, Epileds post revenue declines for October
LED chipmakers Huga Optotech and Epileds Technologies both have suffered a decline in revenues for October due to off-peak season effects. Capacity utilization rates at chipmakers...
Tuesday 1 November 2011
Downstream LED firms outperform upstream peers in 3Q11
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...
Friday 28 October 2011
Epistar reports 3Q11 EPS of NT$0.02
Taiwan-based LED chipmaker Epistar reported third-quarter revenues of NT$4.26 billion (US$143 million), a 20% decrease on quarter and 26% decrease on year. Due to a decrease in utilization...
Monday 24 October 2011
LED chipmakers likely to report losses for 3Q11
Upstream LED chipmakers are likely to report losses in the third quarter due to low demand, according to market estimates.
Friday 9 September 2011
Revenues from LED lighting to account for 20% in 2011, says Huga chairman
LED demand from TV firms has been uncertain causing slow growth for the industry. However, the potential of LED lighting is foreseeable. TP Chen, chairman of Taiwan-based LED firm...
Wednesday 24 August 2011
Huga Optotech sees 1H11 revenues down 9%
Huga Optotech saw first-half 2011 gross margins decrease to 2% with EPS at negative NT$0.21. First-half revenues were NT$1.877 billion (US$64.73 million), showing an on-year decrease...
Tuesday 23 August 2011
Epistar reports 2Q11 gross margin of 28%
Taiwan-based LED chipmaker Epistar has announced financial performance for the first half of 2011. Revenues of parent company reached NT$9.779 billion (US$337 million) with gross...
Wednesday 27 July 2011
Huga delays TSE listing
The LED market continues to be weak. Growth in the third quarter is uncertain, hence LED chipmaker Huga Optotech noted recently it would delay its plans to apply for listing on the...
Friday 8 July 2011
Taiwan-based LED firms invest heavily in China
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...
Wednesday 6 July 2011
Huga says growth to hit double digits in 3Q11
Taiwan-based LED chipmaker, Huga Optotech, will debut on the Taiwan Stock Exchange (TSE) in August. According to Huga, demand has been slowly returning and it expects growth in the...