2018-12-11

Financial Updates: AOT, LiteOn and Laster Tech Report Revenue Drop due to Seasonality

LED manufacturers reported revenue drop for November as the demands decrease in the off-peak season. AOT, the LED company under the Foxconn Group, has posted a revenue of NT$ 332 million (US$ 10.76 million) for November with a decrease of 10.4% MoM and 39.9% YoY. LED backlighting is the major business of the company which accounts for more than 90 percent of its revenue. Therefore, the dropped demands of TV backlight due to seasonality led to the decreased monthly revenue of AOT. (Image: AOT) AOT also began the development of Mini and Micro LE...
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Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE