2023 Global LED Lighting Market Analysis” released by TrendForce in March 2024 SEOUL, South Korea--Seoul Semiconductor (KOSDAQ:046890), a global optical semiconductor company, ranked third in the category of visible light for the second consecutive year and first in the category of UV LED for the fifth consecutive year in the 2023 global rankings released by market research firm TrendForce. This is significant in that Seoul Semiconductor is the only one among the top 5 companies that has achieved organic growth relying solely on its best-in-indust...

Revolution Lighting Technologies, a global provider of advanced LED lighting solutions, today announced that the small business portion of its New England based companies have completed approximately $25 million of business in 2016.  Through its divisions, Revolution Lighting worked closely with its small business customers to provide “turnkey” energy efficiency retrofit solutions, including the installation of LED technologies.

Taiwanese LED chip manufacturers that successfully transitioned from blue LEDs to red LEDs have set new revenue records from their budding AlInGaN LED business.

Small to mid-sized display manufacturer Japan Display Inc. (JDI) third quarter financial results were in the red, due to lower demands than expected from Chinese clients and its largest client Apple, reported Chinese-language media Money DJ.

Once considered the top business to sale off, Samsung Electronics LED business has made an impressive turnaround recently, reported Business Korea.

Philips Lighting reports sales at EUR 1.7 billion, continued profitability increase led by gross margin improvement; solid cash flow

When companies of the LED lighting industry are busy with integration, merger and expansion nowadays, an enterprise is acting in a diametrically opposite way, concentrating its development in a strategically selected field. In the era where companies are chasing for quick success, how does this enterprise keep its originality in the competitive market? What is the company’s counter-strategy for industry price war and oversea competitions?

Lextar’s revenue in August 2016 rose 13.1% monthly to NT $1.18 billion (US $37.63 million), reported UDN.com.

Chinese LED manufacturers Feilo Acoustic, cnlight and Foshan Lighting announced their latest financial investments and developments.

Auckson Opto recently announced its revenue for first half of 2016, which revealed its revenue and gross margin all declined.

Opple Lighting successfully closed its first IPO and raised RMB 864 million (US $130.26 million) after issuing 58 million shares, the company stated.

HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.

Taiwanese LED manufacturer Lite-On’s latest financial performance in July 2016, showed its global consolidated revenue reached NT $19.4 billion (US $630 million), setting a new record high in the last nine months.

Dow reported earnings per share of $2.61, or operating earnings per share of $0.95. This compares with Earnings per Share (EPS) of $0.97 in the year-ago period, or operating EPS of $0.91. Certain Items in the quarter primarily reflected a $2.20 per share gain related to the Dow Corning ownership restructure and a $0.27 per share charge for costs associated with the restructuring plan announced in the quarter. The tax rate was impacted by Certain Items. Excluding these, the tax rate was within the Company’s modeling guidance.

In the third quarter of fiscal 2016, Osram continued to see healthy demand in its three strategic core businesses and additionally benefited from pull-forward effects related to the carve-out of the lamps business. On a comparable basis, i.e. adjusted for portfolio and currency effects, revenue in the three months ending June 30 rose eleven percent from a year earlier and reached EUR 1.44 billion (US $). 

Philips reports Q2 sales of EUR 5.9 billion (US $6.49 billion) and comparable sales growth of 3%, a 9% improvement in Adjusted EBITA to EUR 544 million and net income of EUR 431 million

Taiwanese LED chip manufacturer Epistar revenue in June 2016 was down 2.3% to NT $2.11 billion (US $65.87 million) compared to a month earlier, due to inventory take during the end of second quarter, according to a MoneyDJ report.

Is the long-anticipated rebound in the panel industry finally coming? South Korean panel maker, LG Display (LGD) CEO Sang Boem Han expressed on Wednesday that the market already showed signs of improvement. He expected that LGD's revenues will improve by second half of 2016.

MLS released its 1Q16 earnings last week, reporting the company’s revenue of 9.15% year on year (YoY) growth at RMB 819 million (US $125.8 million).

Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $367 million for its third quarter of fiscal 2016, ended March 27, 2016. This compares to revenue of $410 million reported for the third quarter of fiscal 2015, and $436 million reported for the second quarter of fiscal 2016. GAAP net income for the third quarter of fiscal 2016 was $152 thousand, or $0.00 per diluted share, compared to GAAP net income of $476 thousand, or $0.00 per diluted share, for the third quarter of fiscal 2015. On a non-GAAP basis, net income for the third quarter of fiscal 2016 was $17 million, or $0.17 per diluted share, compared to non-GAAP net income for the third quarter of fiscal 2015 of $25 million, or $0.22 per diluted share.

Leading Taiwanese LED epiwafer manufacturer revenues dropped 12% YoY to NT $1.64 billion (US$ 50.63 million), the lowest revenue reported over the last three years, according to a report from Taiwanese media Money DJ earlier this week.

China’s ecommerce giants announced their breaking revenue results for Single’s Day on Nov. 12, 2015. The country’s online total revenue on the anti-Valentines day, commonly known as Single’s Day to locals, soared 52.7% to reach RMB 122.94 billion (US $19.29 billion), compared to last year’s RMB 80.5 billion according to data compiled by Syntun. Internet packages and deliveries climbed up 65.7% to reach RMB 678 million.

Silver Spring Networks announced financial results for its third quarter ended September 30, 2015.

Malaysian LED manufacturers reportedly have raked in RM 37.1 million (US $9.86 M) at LED Expo Thailand 2015, reported MalayMail Online recently.

Lextar’s revenue in October 2014 continued to decline, with initial estimations November to December performances being flat or showing only minor growth, mainly due to backlight’s slack season, according to a Money DJ report.

“The successful execution of our Accelerate! program continues to improve operational performance in most of our businesses. We are very excited by the vast opportunities in the HealthTech and Lighting solutions markets that we will capitalize on with the creation of two dedicated market-leading companies.

Taiwanese LED lighting manufacturer Lextar revenue will grow steadily in second half of 2014, as the company benefits from international manufacturers rising lighting OEM orders and new LED TV backlight clients that is alleviating the risks of relying on orders from a single client, according to a Money DJ report.

The energy subsidy policy expired at the end of May in mainland China, resulting in the revenues of LED plants associated with the panel backlight in June are not as good as expected, for example, revenue of Everlight in June may decrease, Everlight started its five-day "Golden Week" holiday from July 4 when the demand has been weak. The appliance subsidies expired by the end of May in Mainland China, the mainland TV plants have achieved great shipments from early May, causing the revenue of Everlight in May hit a record single-month high, but to June, the...

Research firm IHS expects that there will be more than 100 billion GaN LED units to be shipped in 2013 and the revenue from GaN LED products will exceed 100 billion U.S. dollars. IHS expects that the total revenue of GaN LED products applied in lighting will reach 3.4 billion U.S. dollars this year, and will come to 6.7 billion U.S. dollars in 2016. IHS noted that GaN LED products are mainly applied in TV backlight, lighting and other fields, revenue from this part accounts for 85% of the income of the entire LED industry. Global LED market inc...

Due to the increasing demand of customers, utilization of Ledtech Electronics in the second quarter further enhanced, the growth in utilization is good for the continuous improvement in gross margins, so that the revenue in the second quarter increases by 20 percent and profit is expected to increase sharply. Its legal person stated that the utilization in the second quarter of Ledtech Electronics will increase from 70% in the first quarter to 75% as the demand continued to improve. The improvement in utilization is favorable to the continued upturn in the gross margins, but it nee...