Aucksun’s financial statement for first half of 2015 revealed, the company’s revenue rose 9.73% from a year earlier in 2Q15 to RMB 732 million (US$ 126 million), with RMB 137 million net profit, translating into 31.27% Year-on-Year (YoY). Net profits rose71.17%YoY to RMB 152 million. The reported net income attributable to shareholders is RMB 132 million, reflecting a 92.93% growth compared to the same period last year.

Chinese LED manufacturer Mason Technologies intends to acquire OML Technology for RMB 30 million (US $4.8 million). According to Mason Technologies, about RMB 28.2 million will be used to increase capital, while RMB 27.1 million will be used as additional paid-in capital. At the same time, the company will undergoes transfer of share. Mason Technologies will be securing 22% of OML shares through the acquisition.

Noribachi, a leading U.S.-based custom LED manufacturer for high output commercial and industrial lighting solutions, announces its Bespoke Engineered and Specifically Tailored (BEST) LED lighting products are RETILAP certified through CIDET and are now available in Colombia.

Lighting Science Group Corporation announced that it has received $13.0 million in preferred stock financing from Serengeti Asset Management. The funding will be used to finance the Company's growth and solidify its leadership position in the LED lighting market, with a strong focus on the Company's technology platforms and product innovations.

The lighting-use LED market contracted 5-16% in the fourth quarter, while backlighting-use LED products fell 4-13% according to a new report from LEDinside, a division of the Taiwan-based market intelligence firm TrendForce. The average price of lighting-use LED products is falling with the arrival of the non-peak season and as competition intensifies among manufacturers, said Jack Kuo, an assistant research manager at LEDinside. “Orders are falling and profits are being squeezed,” he said. “For manufacturers to increase their market share, they need to introduce more new products.”

Nov 10, 2014 - LED components have been successfully introduced in light source products, according to the new report “2015 Global Lighting Market Outlook” by LEDinside, a division of the Taiwan-based market intelligence firm TrendForce. As the commercial lighting market expands, lighting tubes have become the most in-demand product with light bulbs second. Additionally, in the luminaire market, demand for ceiling lights high, but mostly in the home.

Exar Corporation, a leading supplier of high-performance integrated circuits and system solutions, today announced an improved alternating current (AC) step driver for light LED lighting applications. Combined with other iML offerings, the iML8684 provides a complete solution for LED light bulb and LED tube applications.

In the third quarter, when LED market activity typically slows, LED backlighting prices declined an average of 3-8% as demand fell. Meanwhile, LED demand for lighting applications remained flat, but price competition in the overall LED market, remained fierce, as prices fell 6-12%, according to LEDinside, a subsidiary of the Taiwan-based market intelligence firmTrendForce. Price competition in the overall LED market, meanwhile, remained fierce, as prices fell 6-12%. 

Light emitting diodes (LEDs) are rapidly taking the place of older, less durable and energy-efficient lighting technologies around the world. As chemicals and materials are needed at all stages of the LED fixture's manufacturing process, chemical companies will play a critical role in the future success of the LED industry. The breadth of material requirements means that few market participants have visibility across the entire market, creating the need for a holistic vision of market potential.

Detroit area electronics technology firm Electro-Matic Products, Inc. recently completed a joint venture partnership agreement with Kingsun Optoelectronic Co., Ltd., a global leader in commercial and industrial LED lighting solutions. The agreement will primarily benefit the Electro-Matic Visual Products Group, which builds and markets finished LED lighting fixtures for a variety of outdoor and indoor commercial lighting and display applications.

China’s National Development and Reform Commission (NDRC) recently announced it will be strongly promoting energy efficiency and carbon emission reduction policies in 2014, according to a Chinese-language Huagu.com report. The implementation of the country’s “2014-2015 Carbon Reduction Plan” is expected to spur LED market development in China. 

RCS Ltd., an established distributor in the cellular phone and electronics market, announced today that they have entered the LED lighting market. The company now services buyers and sellers of LED lights worldwide both through their online platforms, and with their experienced staff of sales professionals. RCS Lighting brokers stocks of the most cutting edge LED technology for all applications, keeping companies supplied at the lowest prices.

LED lighting market gross margin index for LED manufacturer Honglitronic is more stable, but will experience slight decline year-on-year, as reported in the company’s Shenzhen Stock Market investor relations activities record.

The LED industry has been stuck in a oversupply situation for the past few years but 2014 will finally see the first light to equilibrium. The supply shortage situation is expected to reemerge in 2014 brought on by rising LED lighting demands, stable backlight demand, and limited production capacity expansion by LED chip manufacturers, according to a recent report from UBS. Long term orders from OEMs for large lighting manufacturers Philips and Osram will benefit non-Chinese LED chip manufacturers.

Following international lighting giants Philips, OSRAM, and GE shift towards LED lighting, local manufacturers from various countries followed suit. CLSA Asia-Pacific Markets most recent report showed a good outlook for LED lighting market development in 2014 and believes that LED lighting demands will be the driver for LED manufacturing capital expenditures in 2014. They predict that global numbers for new MOCVD units in 2014 will increase compared to 2013, reaching an estimated 390 units.

Growing demands in the LED market were fueled by decreased product prices, government bans on incandescent light bulbs, and shift away from traditional lighting to more energy efficient LEDs. Financial service company Credit Suisse believes that from the current state of the industry, LED manufacturers have already begun moving in two different directions, with manufactures including Phillips Lumileds, OSRAM, CREE, Samsun LED, and Innotek mainly moving towards products and manufacturers such as Epistar, Lextar, and Seoul Semiconductors towards OEM

According to reports, Epistar won orders of Japanese LED car lights, it is the first time for Taiwan-based LED chip manufacturers to enter into high-threshold and high-profit car lights supply chain. It is expected to begin a small shipment early next year. Meanwhile, Epistar also won Samsung's and LG's new TVs certification; also they will be shipped in Q1 of next year. Legal persons pointed out that Epistar has accessed to the Japanese car supply chain and received orders of brake lights and turn signals, the major markets are in Asia, mainly focusing on J...

According to LEDinside, the LED research division of TrendForce, revenues of listed Taiwanese LED firms totaled NT$8.95 billion (MoM+1.68%, YoY+2.4%) in July 2012. According to LEDinside research, TV annual shipment for 2012 will see a mere 5% YoY growth, whereas monitor shipment will suffer a downturn. Notebook demand for 3Q12 is expected to be weak, but new products releases in Mid-3Q12 will pick up the demand and make the annual shipment stay flat compared to that in 2011. As for smartphones, annual shipment forecast revised from 660 million units to 606...