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NEWS TAGGED TEKCORE
Tuesday 9 August 2011
Epistar, Everlight see weak LED BLU demand
LED epitaxial wafer and chip maker Epistar and LED pacakaging house Everlight Electronics saw their July revenues decrease on month and on year mainly because of weak demand for LED...
Friday 8 July 2011
Lite-On Technology June revenues down slightly
Taiwan-based EMS provider Lite-On Technology had June consolidated revenues of NT$10.06 billion (US$348 million) declining 1% on month and 11% on year, but its LED revenues in June...
Wednesday 29 June 2011
Tekcore to deal out cash dividend of NT$1
LED chipmaker Tekcore announced at its shareholders meeting on June 28 it will deal out a cash dividend of NT$1 (US$0.034). The conflict between Tekcore and Everlight, one of its...
Monday 13 June 2011
Tekcore may advance board reelection
Taiwan-based LED chipmaker Tekcore has delayed the reelection of its board of directors trying to fend off control by two major sharehokders, Everlight and Epistar. But the move seems...
Thursday 9 June 2011
Taiwan-based LED chipmakers report mixed May performances
LED chipmaker Epistar saw May revenues increase on month by 12.7% to NT$1,908 million (US$66 million). The figure also represents a 9.3% increase on year. According to Epistar, the...
Friday 3 June 2011
Increasing competition in LED lighting market for Taiwan-based firms
Many international firms such as Samsung LED, LG Electronics, and Philips have been aggressively taking market share in the LED lighting market. Samsung has been shifting focus to...
Thursday 2 June 2011
FSC rejects Tekcore ECB application
Taiwan's Financial Supervisory Commission (FSC) has noted that the board of directors and supervisors of Tekcore, a Taiwan-based LED chipmaker, is set to finish its term on June 18,...
Tuesday 24 May 2011
LED TV industry facing oversupply concerns
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...
Monday 23 May 2011
Tekcore favors independent control
The fight for control of Taiwan-based LED firm Tekcore continues to cast a cloud over the companies involved. Tekcore has stated that even if Everlight decides to pull back the orders,...
Thursday 19 May 2011
Tekcore fails to bring in strategic shareholders
Tekcore, a Taiwan-based LED chipmaker, held board of directors meeting on May 18. The strategic shareholders scheduled to appear failed to show up causing the planned equity swap...
Wednesday 11 May 2011
The booming season for LED industry may be delayed
Many Taiwan-based LED firms have reported falling revenues for April, signaling the traditional second-quarter booming season may be delayed. Firms including Epistar, Formosa Epitaxy,...
Wednesday 4 May 2011
Tekcore sees 1Q11 loss despite increased revenues
Taiwan-based LED epitaxial wafer and chip maker Tekcore saw first-quarter 2011 revenues of NT$744 million (US$25 million), a growth of 28% sequentially and 53% on year. However, Tekcore...
Wednesday 27 April 2011
Tekcore to expand LED epitaxial wafer capacity by 30-50% in 2011
Tekcore will expand its wafer production capacity by 30-50% in 2011, with MOCVD equipment to increase from 50 sets in the first quarter of 2011 to 66 at the end of the year, according...
Monday 18 April 2011
Tekcore to issue US$80 million ECB
Taiwan-based LED epitaxial wafer and chip maker Tekcore will issue 5-year zero-coupon unsecured euro-convertible bonds (ECB) worth up to US$80 million, with the funds to be used to...
Friday 15 April 2011
Epistar and Everlight mull control of Tekcore, say sources
LED chipmaker Tekcore is likely to see a battle for control of the company on June 28 when it holds its annual shareholders meeting, as the combined holdings by its two strategic...