Investor Lawsuit-LEDinside

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2016-03-28

Foshan Lighting’s Net Profits in 2015 Hurt by Investor Lawsuit

Investor lawsuits have caused Foshan Lighting’s net profits to plummet 79.93% in 2015 to RMB 53 million (US $8.15 million), while annual revenue dropped 6.26% YoY to RMB 2.88 billion, according to a company statement.

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Samsung Electronics today announced the official launch of its Micro RGB, the world’s first display to feature a micro-scale RGB LED backlight behind a large 115-inch screen. This breakthrough display establishes a new benchmark for colo... READ MORE

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