Adjusted EBITA margin increases to 9.5%in the third quarter Revenue up 12%; almost stable on a comparable basis Carve-out of lamps business planned to be completed by spring 2016

Lextar today announced its fourth quarter and fiscal year 2014 financial report.

Taiwanese LED manufacturer AOT projected significant growth in the UV LED market after recently announcing last month’s revenues, according to a Chinese-media LaoYaoBao report.

GE reported strong growth in LED lighting business,but overall lighting business slid down by 1%, due to declining traditional luminaire sales.

India’s LED lighting market is currently at a nascent stage. Though the LED market is already growing at a robust pace over the last 2-3 years, the country offers huge growth potential, especially over the next 5-10 years. Increasing adoption of LED lighting is being witnessed across commercial and residential sectors, government projects, upcoming smart building projects, etc. According to a recently published report by TechSci Research “India LED Lighting Market Forecast & Opportunities, 2020”, the country’s LED lighting market is projected to register a growth of over 32% during 2015-20.

Taiwan’s LED component industry market value is expected to grow 14% in 2015, according to estimates by Taiwan’s Photonics Industry and Technology Development Association (PIDA).

Lextar Electronics Corp (Lextar) today reported consolidated revenue for the second quarter of 2014 of NT$ 3.8 billion (US $130 million), up 17.7 percent from previous quarter. Consolidated gross margin was 14.5 percent, with a 2 percent QoQ growth. Net profit for 2Q 2014 was NT$ 163 million; a basic EPS for 2Q was NT$ 0.32. 

Taiwanese sapphire manufacturers Rigidtech Microelectronics (Rigidtech) and Aceplux Optotech have seen revenue more than double during May and June 2014, according to a CNYes.com report. The two companies benefited from soaring LED lighting demands that have led to rising Patterned Sapphire Substrate (PSS) revenue.

Taiwanese LED package manufacturer Unity Opto announced consolidated revenue for Jan. 2014 increased 23 percent to NT$ 560 million (US$ 18.49 million), compared to Dec. 2013 or 9 percent YoY. According to the company, as impact from 4Q13 low season is lifted, 1Q14 will reinitiate positive revenue growth cycle.