2013-08-20

SEAMLESS GREEN Sells Its LED Lighting Business for HK$11M

Recently, SEAMLESS GREEN announced that Good Return, a wholly-owned subsidiary of the company, signed an agreement with Primary Billio, an independent third party, to sell the entire equity interest in Arnda Semiconductor Limited to Primary Billio for a total consideration of HK$11 million, and the proceeds will be counted as general working capital. The group expects to record a net loss of around HK$5.5 million from the disposal, but since the group has already made impairment loss on the investment in the subsidiary of approximately HK$11.1million in year ...
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2013-06-19

Lite-On Technology and Lite-On IT Extends LED Lighting Business in American Market

Although Lite-On Technology's LED lighting components in 2012 benefited from the strong demand of brand customers, its annual growth in revenue increased nearly three times, but Guangzhong Chen, president of Lite-On Technology, said on June 18 that the current performance of LED business is still not satisfied, and Lite-On will actively expand plants this year, the overall production capacity of LED is expected to grow 20% to 50% over last year, also Lite-On IT recently merged into Lite-On Technology will access to the LED lighting terminal market, and they...
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Daktronics of Brookings, South Dakota, was selected by Bowling Green State University (BGSU) to manufacture and install a new LED video display at Doyt Perry Stadium in Bowling Green, Ohio. The installation will be completed ahead of the fall ... READ MORE

Daktronics of Brookings, South Dakota, has manufactured and installed an LED video board in the outfield of Field of Dreams Ballpark in Dyersville, Iowa. The new facility is adjacent to the famed corn field-framed ballpark from the iconic 1989... READ MORE