2018-02-07

3D Sensing and ROADM Drive Lumentum Revenue and Profitability in 2Q18

Lumentum reported results for its fiscal second quarter ended December 30, 2017.
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2018-02-07

Osram Continues Growth and Increases Investments in Its Future

In the first quarter of fiscal year 2018, Osram continued to grow while increasing capital expenditure. "We had a solid first quarter. Despite the significant headwind from currency effects, we managed to generate further growth while maintaining high margins. From the current perspective, we expect to gain momentum in the second half of the fiscal year," said Olaf Berlien, CEO of OSRAM Licht AG.
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2018-02-02

Philips Lighting reports 0.5% full year comparable sales growth, 10% operational profitability and EUR 403 million free cash flow

Philips Lighting just announced the company's fourth quarter and full year results 2017. "In line with our objectives, Philips Lighting returned to comparable sales growth in 2017 driven by the growth of LED and connected lighting Systems & Services, which demonstrates the successful execution of our strategy," said CEO Eric Rondolat.
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2018-02-02

Seoul Semiconductor Achieves USD 1.04 Billion Record Annual Revenues for Fiscal Year 2017

Seoul Semiconductor announced 2017 fiscal year consolidated revenues of US$ 1.04 billion. The 16% rise in consolidated revenues far exceeds the industry average, which grew 2% during the same period. The growth of revenue is contributed to improvements in both general lighting sales and IT product related sales growing in the mid-teens as well as the automotive lighting business which grew more than 20%.
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2018-01-30

Nanowire LED Innovator Aledia Announces €30 ($36M) Million Series-C Financing

Aledia, a developer and manufacturer of next-generation 3D LEDs for display applications based on its gallium-nitride-nanowires-on-silicon platform, announced the closing of its Series C financing round with Intel Capital as a new investor.
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2018-01-24

Cree Reports Financial Results for the Second Quarter of Fiscal Year 2018

Cree yesterday announced financial results for its second quarter of fiscal 2018, ended December 24, 2017.
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2018-01-24

LG Display to Accelerate Shift to An OLED-focused Structure, CFO Says

LG Display reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2017.
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2018-01-18

[Heads up] Cree, Inc. Announces 2018 Second Quarter Earnings Release Webcast

Cree, Inc. Announces 2018 Second Quarter Earnings Release Webcast
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2018-01-18

LITE-ON Technology Reports Consolidated December Sales of NT$18.02 Billion

LITE-ON Technology reported December consolidated revenue of NT$18.02 billion, decreased 3% M-o-M and 16% Y-o-Y. Cumulative sales for the entire year of 2017 reached NT$ 214.57 billion supported by stable end-demand from core businesses.
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2018-01-09

[Financial Update] Innolux Corporation December 2017 Consolidated Revenues of NT$27 Billion

Innolux today announced its December 2017 consolidated revenues. The company reported unaudited consolidated revenues of NT$27 billion in December 2017, a decrease 1.1% M-o-M and a decrease of 15.9 % Y-o-Y.
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2018-01-05

Increased AlInGaP LED and UV LED Shipment Boosts Epileds Revenue

Taiwan-based LED epi-wafer and chip manufacturer Epileds finished moving factories at the end of 2017. The installation of its newly purchased production equipment has begun. Because most of the equipment is used, the capacity growth is limited. In 1H18, newly added capacity from these machines is predicted to be gradually used for mass production. 
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2017-12-28

LITE-ON Technology Reports Consolidated November Sales of NT$18.53 Billion

LITE-ON Technology reported November consolidated revenue of NT$18.53 billion, up 5% M-o-M and decreased 13% Y-o-Y. Cumulative sales for January and November totaled NT$ 196.55 billion supported by stable end-demand from core businesses.
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2017-11-30

Philips Lighting Repurchases Shares from Royal Philips for an Aggregate Amount of EUR 90 Million

Philips Lighting announces that it has repurchased 2.8 million of its shares for an aggregate amount of approximately EUR 90 million.
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2017-11-30

Osram Proposes an 'Anniversary Dividend' of 111 Cents per Share

"We have raised our dividend proposal for fiscal year 2017 to 111 cents per share. By doing so, we will allow our shareholders to benefit from our success following an excellent year and we can also celebrate the 111th anniversary of our brand," said Olaf Berlien, CEO of OSRAM Licht AG.
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2017-11-29

Philips Lighting Intends to Repurchase 2.8 Million Shares from Royal Philips

Philips Lighting announces that it intends to repurchase 2.8 million of its ordinary shares from its largest shareholder Royal Philips. 
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2017-11-27

SemiLEDs Reports Fourth Quarter and Fiscal Year End 2017 Financial Results

SemiLEDs Corporation, a Taiwanese developer and manufacturer of LED chips and LED components, announced its financial results for the fourth quarter and full year of fiscal year 2017, ended August 31, 2017.
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2017-11-18

GE Continues Restructuring and Plans to Axe Lighting Business

Earlier in this week, General Electric dropped a bombshell while announcing its financial results and business outlooks for the next two years. The company cut its dividend in half and planned to strategically downsize its business by narrowing its focus on three key sectors.
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2017-11-15

EVERLIGHT to Sell Shares of Epistar

EVERLIGHT made an announcement to sell a part of Epistar stocks after a board meeting.
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2017-11-13

Universal Display Stock Surges, Riding Growth in OLED Industry

OLED technology and materials supplier Universal Display on November 2nd registered 3Q17 financial results with burgeoning growth in every aspect, due primarily to the incremental demand for OLED in consumer electronics and lighting applications.
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2017-11-09

Macroblock Lets Go of Low-end Market to Secure Gross Margin

Macroblock fought a several price war against its rivals in China in 2017, so its product gross margin significantly dropped. The firm's gross margin in 2Q17 fell to 22.68%, far below 32.81%, the average gross margin in 2016.
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2017-11-08

Veeco Sees Robust Demand in China

Veeco 3Q17 revenue (ended September 30)  stood at USD 131.9 million with growth of 54.2% YoY or 14.6% QoQ, compared with USD 85.5 million in the same period in 2016 and USD 115.1 million in 2Q17. 
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2017-11-07

Strong Fiscal Year Lays the Foundation for Further Growth at Osram

In the last fiscal year, Osram benefited from persistently strong demand for its high-tech products, and particularly its opto-semiconductors. On a comparable basis, revenue rose by just over 8 percent year on year to reach more than four billion Euro.
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2017-11-02

Lumentum Predicts Significant Growth in 3D Sensing

Apple supplier Lumentum on Wednesday reported financial results for its fiscal 1Q18 ended September 30. Revenue from its 3D sensing business made a massive ramp in the company’s overall performance.
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2017-10-31

Samsung Seeks to Continue OLED Production Growth and Reclaim Top Place in Premium TV Market

Samsung Electronics today announced financial results for the third quarter ended September 30, 2017. In the fourth quarter, Samsung will focus on profitability, by increasing the dominance in the premium QLED and ultra-large TV lineups, as well as reinforcing B2B growth including digital signage and Cinema LED businesses.
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2017-10-31

LG Display's OLED Panel Shipment Will Increase in 4Q17, CFO Says

LG Display reported on October 25 unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending September 30, 2017.
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2017-10-31

LiteOn Optoelectronics Segment Revenue Down 12% QoQ, Yet Market Share on the Rise

LiteOn yesterday reported its 3Q17 financial results, with a consolidated revenue of NTD 56 billion (USD 1.856 billion) following a 6% quarterly increase contributed by increased sales of power system solutions for cloud-computing data centers, AI smart home devices, IR LED, outdoor lighting, storage systems and game consoles.
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2017-10-30

Revolution Lighting Technologies Reports Third Quarter 2017 Financial Results

   Revolution Lighting Technologies announced financial results for the third quarter (Q3) ended September 30, 2017.
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2017-10-26

Seoul Semiconductor Achieves Record Quarterly Revenue and Aims for Record Earnings in Fiscal Year 2018

Seoul Semiconductor yesterday announced consolidated third-quarter revenues of KrW 305 billion. The rise in consolidated revenue was a result of strong sales of its differentiated technologies Acrich MJT, Wicop, UCD and filament LED. 
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2017-10-25

Epileds Reports Tepid 3Q17 Financial Results

Taiwan-based LED epi-wafer and chip manufacturer Epileds registered a lower revenue in 3Q17 than that in 2Q17 and the revenue fell from a year ago because of seasonality and factory relocation. Epileds is predicted to continue moving factories and purchase infrared (IR) and ultraviolet (UV) LED machines in 4Q17. Epileds will mainly buy used machines and modify them by itself. The revenue in 4Q17 is estimated to be similar to that in 3Q17. Epileds' annual revenue is projected to stay flat, but gross margin will improve, and profit will possibly bounce back. 
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2017-10-24

EVERLIGHT 3Q17 Revenue Down 9% in Face of Chinese Threats

Taiwanese LED package manufacturer EVERLIGHT reported a 9% QoQ slide in its 3Q17 revenue due to lukewarm sales of general lighting, backlights, and consumer electronics applications. Facing threats from Chinese rivals in those markets, the company would also experience decreased gross margin. Performance in Q4 is projected similar to that in Q3. Both its 2017 revenue and profit might decline. EVERLIGHT’s finance has experienced a continuous fall since 2015.
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In January 2025, certain automotive LEDs manufactured by Malaysia-based LED manufacturer Dominant Opto Technologies Sdn. Bhd. ("Dominant") were recalled from a distributor pursuant to a patent infringement lawsuit filed by Nichia Cor... READ MORE