Sales of $9.1 billion decreased 2%, compared to 4% lower global light vehicle production Recorded non-cash impairment charges of $200 million after income taxes and loss attributable to non-controlling interests related to our investment in an equity accounted transmissions joint venture Diluted earnings per share of $1.35, compared to diluted loss per share of $0.75 in the third quarter of 2019 Adjusted diluted earnings per share of $1.95, 38% higher than the third quarter of 2019 Cash from operating activities of $1.6 billion, compared to $750 million in the thir...

New LUXEON LED® with BIOS SkyBlue® Circadian technology eliminates barriers to better Human Centric Lighting Today, Human Centric Lighting (HCL) innovator BIOS, and global lighting solutions provider Lumileds®, have joined forces to create a new SkyBlue® LED that doubles previously available chip performance. The new 3030 mid-power LED dramatically reduces the lumen per dollar development barrier facing luminaire manufacturers and eliminates a key barrier to bringing better, healthier lighting solutions to market. Lumileds sci...

Since the introduction of Sony’s large-sized modular Micro LED display in 2017, other companies, including Samsung and LG, have successively made advances in Micro LED development, in turn generating much buzz for the technology’s potential in the large-sized display market, according to TrendForce's latest investigations. Emissive Micro LED TVs are expected to arrive on the market between 2021 and 2022. Even so, many technological and cost-related challenges are yet to be solved, meaning Micro LED TVs will remain ultra-high-end luxury products at...

Staying free of patent infringement is the key to component adoption by brand manufacturers Generally speaking, patents and IPs are important to major brands including Apple, Samsung, and LG, as these companies may be forced to compensate other parties or have their products barred from certain markets if they are accused of patent infringement. In the worst case scenario, their downstream distributors may be forced to remove end-products from retail shelves. Any financial savings these companies may obtain as a result of using components with questionable IP statuses would be...

In a press conference held on November 5th at the TWSE, Hannstar announced that it will pay NTD 2.77 billion to acquire the buildings and factory facilities of HannsTouch located at 1-3F., No. 7, Beiyuan 1st Rd., Shanhua Dist., Tainan City, in order to develop Mini/Micro LED panels for future development and operation. HannsTouch spokesperson Huang Boqiang said at the meeting that the transaction amounted to NTD 2.77 billion. The transaction covers a building area of 28,086.64 pings and there is a gain of NTD 210 million from the disposal. The buildi...

OSRAM convened an extraordinary general meeting in Munich on November 3rd, which voted for the rights of control and the agreement of profit and loss transfer for major shareholder ams, where 99.77% voted yes that exceeded the requirement of at least 75% of the quorum. Olaf Berlien, CEO of OSRAM, commented: OSRAM and ams will further actuate the merger based on the rights of control and the agreement of profit and loss transf...

Osram masters corona year 2020 well - Osram's Managing Board keeps operating margin stable in fiscal 2019/ 2020 - Comparable sales fell by 13.8 percent - Free cash flow positive at twelve million euros - Management confirms outlook for 2021   Osram has come through the Year of Corona well thanks to efficient management. "We acted early and consistently. We have protected both our employees and our production. This has paid off. Our free cash flow was positive in the last fiscal year at twelve million euros. We are particularly proud of this,&q...

Quarterly Revenue of $728.1 million Quarterly GAAP Operating Income of $101.1 million Quarterly Non-GAAP Operating Income of $138.9 million Quarterly GAAP EPS of $0.38 Quarterly Non-GAAP EPS of $0.84 September 30, 2020 net debt leverage ratio was 1.3x, reduced from 3.8x at June 30, 20201 II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2021 first quarter ended September 30, 2020. “We delivered many highlights in the...

Completed business combination with Graf Industrial Corp. on September 29, 2020, and started trading on Nasdaq Grew revenue 137% year-over-year to $32.1 million Signed six (6) multi-year agreements during the quarter and now count 24 total contracts Initiated commercial shipments of Velarrays – our next-generation, compact lidar product with best-in-class range and resolution Finished the quarter with $298 million of cash Continued to build upon #1 position in lidar as evidenced by our shipment of 47,500 sensors to date for cumulative revenue of ov...

LED Manufacturers Scramble for a Place in the Mini LED Market as They Sense Rising Opportunities Mini LED backlight for displays is rapidly gaining attention in the electronics market as major brands in consumer electronics such as Apple and Samsung plan to launch products featuring this technology. TrendForce forecasts that by 2024, the total value of the Mini and Micro LED market will reach US$3.9 billion and account for 18% of the total value of the entire global LED market. Hoping to capture new growth opportunities, many actors in the LED supply c...

The world's leading manufacturer in the LED optoelectronics industry, Everlight Electronics Co., Ltd. [TSE: 2393] Everlight cooperated with Professor Wang Yong-song’s team of the Institute of Fisheries Science, National Taiwan University to successfully develop a special LED lamp for groupers, and provided it to fishery operators for experimentation. By exposing fingerlings under the special lamps, the cannibalism of grouper fingerlings is greatly reduced, reducing the loss of fingerlings by more than 40% and successfully doubling the survival rate of cultu...

17% brighter PC Amber, 10% brighter Lime and 4% brighter Royal Blue on LUXEON C, the LUXEON C and CZ LEDs are the preferred choices for architectural and entertainment lighting. (Image:Lumiled) Today, Lumileds announced breakthrough flux delivery from the PC Amber, Lime and Royal Blue emitters in its LUXEON C and CZ Color Lines, the lighting industry’s broadest lines of color LEDs. The incredible 17% leap in flux of PC Amber in LUXEON C LEDs supports more efficient, safer, and easier to design lighting for first-respo...

On September 17, 2020, in the enforcement proceeding of a final judgment of the Düsseldorf District Court in favor of Nichia Corporation (“Nichia”), which Nichia initiated against WOFI Leuchten Wortmann & Filz GmbH (“WOFI”), the Düsseldorf District Court rendered a decision that confirmed Nichia’s claims and imposed two penalties on WOFI for non-compliance with the judgment. The enforcement decision of the Düsseldorf District Court is not final and has been appealed by WOFI. Nichia, however, strongly beli...

Samco, a leading manufacturer of plasma processing equipment for the compound semiconductor industry, announced that KONKA Group Co., Ltd. based in Shenzhen, China had installed multiple Samco systems for the production of MicroLEDs. Konka Group Co., Ltd. is a leading Chinese electronics manufacturer focused on creating high performance, high-value digital home entertainment products. Key product categories include televisions, appliances, AIOT, mobile and wireless communications. Samco is a leading plasma processing company in the field of wide bandgap (W...

This year’s OPTO Taiwan, which is the only international optical and optoelectronic exhibition in Taiwan, took place at the TWTC Nangang Exhibition Hall in Taipei from Oct. 21 to Oct. 23. The exhibit showcased the latest developments in semiconductors, electronics, optical communications, laser, photonics, and precision instruments in the optoelectronics industry, while optoelectronic products on display included raw materials, key components, manufacturing equipment, and software/hardware technologies. Representatives from the LEDinside research division of Tren...

As the second wave of the COVID-19 pandemic prepares for its return, the establishment of a safe, comfortable, and bacteria-free environment has become the most viral topic, of which an indispensable element is the most advanced UVC LED. In order to promote the application of UVC LED in the semiconductor industry, NFKG and Light Space Corporation of the Formosa Plastic Group conducted a signing ceremony on an industry-university cooperation on the 29th led by Wang Wen-chao, member of the standing committee, and Gao Ying-long, Chairman, alongside first-level ...

Mass Transfer Process Demonstrated as a Commercially Viable Method of Producing MicroLED Displays of any Size from Cellphones to TVs and In-between. VerLASE Technologies announced today substantial progress in demonstrating its novel mass transfer process, which is the key impediment to microLED displays industry realizing its full potential. The process is based on a unique technology being developed by the Company called the Photo-Mechanical Actuation (PMA). The company asserts its process once fully implemented is capable of very high transfer thr...

Topcon Technohouse Corporation (https://www.topcon-techno.co.jp/en/), optical measurement instrument manufacturer such as luminance meter, spectroradiometer proudly launched 2D spectroradiometer SR-5100 series (Fig.1) built in self-developed and manufactured spectral filter. It has begun taking order on Oct.1,2020.

Continental signs agreement for minority stake in lidar pioneer AEye Both companies are jointly developing high-performance long-range lidar Application for advanced and fully automated driving of passenger cars and commercial vehicles Volume production is to launch in late 2024 First on the market: Continental will be the first supplier to put close-range lidar technology without moving parts into production in late 2020 Hanover, Germany / Santa Barbara / Dublin, CA, USA, October 27, 2020. Continental is consolidating its leadership position in the ...

Increased proportion of high value-added products such as Violeds, an optimal solution for virus protection, profit margins continue to rise through cost innovation Thin and small WICOP, a core technology for Mini and Micro LED to further expand into automotive and LED backlight business Seoul Viosys leading the 2nd generation LED technology, its World’s first products settled as the industry standard Seoul Viosys Co., Ltd. (“Seoul”) (KOSDAQ 092190), a leading compound semiconductor solution provider, today announced financi...

Veeco Instruments has announced financial results for its third quarter ended September 30, 2020. Revenues were $112.1 million, compared with $109.0 million in the same period last year. GAAP net income was $0.6 million, or $0.01 per diluted share, compared with a loss of $11.8 million, or $0.25 loss per diluted share in the same period last year Non-GAAP net income was $11.0 million, or $0.22 per diluted share, compared with $2.6 million, or $0.05 per diluted share in the same period last year. “I am proud of the Veeco team for achieving another quarter of so...

Veeco Instruments has announced that Osram Opto Semiconductors has qualified Veeco's Lumina MOCVD System for production of high-end LEDs and to drive the next generation of advanced photonic devices. Being at the forefront of next generation advanced photonic technologies that require innovation and redefine the limits of the technology is at the core of Osram,” stated Lothar Mergili, COO of Osram Opto Semiconductors. “The Lumina system has proven to set new standards in terms of productivity that will meet and exceed market requirements. Veec...

With the debut of OPTO Taiwan today, Innolux is also showcasing its retina phototransduction AM-Micro LED splicing display, as well as a series of Mini LED high-end display technology and solutions, in the exhibition this time, which indicates that the company has been profoundly established in the high-end display field, and is currently on a gradual process of mass production and incorporation of the client end and the market of consumer application. (Source: TechNews) LEDinside forecasts that the value of the Micro LED market will arrive at US$2.891 bi...

Delta Electronics announced on the 19th that the company has obtained the phase 2 project of the energy-saving street light replacement and maintenance PFI (private finance initiative) for the 13 administrative districts in the north of New Taipei City, after having obtained phase 1 of the project in 2014. The project has commenced in October this year, and a total of approximately 110K street lights in the area will be replaced, which is expected to save roughly NTD$150 million of electricity expenditure for New Taipei City within 10 years. Among these, 8,500 units of stre...

The electronics supply chain in Taiwan has benefitted considerably from Apple’s decision to adopt displays with the Mini LED backlight for its latest devices. FitTech, a local provider of LED testing equipment and outsourced processing services, was recently assigned a buy rating and a target EPS of NT$195 by Yuanta Investment Consulting. The company was listed in 2019, and this was the first time that it was awarded a buy rating. The main reason for this bullish call is that Apple’s aggressive pursuit of the Mini LED technology will very likely spur...

Cree, Inc. (Nasdaq: CREE) announced that the Company has entered into a definitive agreement to sell its LED Products business unit (“Cree LED”) to SMART Global Holdings, Inc. (Nasdaq: SGH) for up to US$ 300 million, including fixed upfront and deferred payments and contingent consideration. Mark Adams, President and CEO of SMART Global Holdings has discussed their acquisition of Cree LED. Adams indicated that he was the former CEO at Lumileds and during his time there they started down the path looking at Cree. Cree is a...

As the 5G telecommunication booms, lighting products is expected to integrate with more intelligent control. The luminaires are no longer just lighting tools. Intelligent lighting is the market trend no matter in wired or wireless control. The ultimate goal is to integrate all lighting fixtures and home devices into the same network and control these devices through the APP. Users can easily control the lights, achieving energy, and asset management. MEAN WELL released LCM-40/60BLE series, LED drivers with CASAMBI Bluetooth mesh module, in 2019. This yea...

Charles Lee, CEO of PlayNitride, said in a recent interview that the company has secured several strategic investors that are willing to fund the expansion of the company’s production capacity. Hence, mass production of Micro LED solutions is not a slogan, but an imminent reality. Li further stated that the company’s annual revenue will eventually hit the 100 million mark in US dollars. Presently, the main bottleneck in the development of Micro LED is the low yield rate of the mass transfer process. Although manufacturers in the LED and display industri...

After Philips and GE, Cree has also announced its permanent parting with LED and the lighting industry. Cree announced on October 20th that the company has reached a final agreement with SMART Global Holdings, Inc., and plans to sell its LED department (Cree LED) to SMART for US$300 million, which includes an advance of US$50 million, a deferred payment of US$125 million, and an earn-out of US$125 million. Cree commented that this transaction has further established the company’s strategic position by leading the industrial transformation...

Upon closing, creates a pure-play global semiconductor powerhouse focused on providing disruptive technology solutions to high-growth segments including EV, 5G and industrial applications Transaction represents a key milestone in Cree’s transformation to focus on silicon carbide and gallium nitride devices, as well as materials Consideration includes $50 million upfront payment; $125 million seller note and up to $125 million earn-out DURHAM, N.C. – Cree, Inc. (Nasdaq: CREE) today announced that the Company has entered into a definitive agree...