2015-10-30

Price Wars Push Down MLS’s 3Q15 Net Profit by 80%

MLS announced its revenue for 3Q15 was down 8.62% year on year (YoY) to RMB 887 million (US $139.7 million). The company’s net income attributable to shareholders was plunged 79.32% YoY to RMB 17.19 million (US $2.7 million).
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Nichia, the world’s leading global LED manufacturer, will present its most comprehensive portfolio of Pixelated Light Source (PLS) solutions for adaptive driving beam (ADB) headlamps at the International Symposium on Automotive Lighting (IS... READ MORE

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