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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2016-03-11

Honglitronic Records Soaring Net Profits in 1Q16

Honglitronic announced its fiscal performance for the first quarter of 2016 jumped at least 110%.
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2013-08-19

Lite-On's Net Profits in the Second Quarter Soars by 42% Q-o-Q

Lite-On Technology reported second quarter 2013 consolidated revenue of NT$50.01 billion, up 7% Q-o-Q. Thanks to a better product mix, operating efficiency and higher scale of profitable products, the gross margin and operating margin in the second quarter were 14.8% and 4.8%, with sequential growths of 0.1% Q-o-Q and 0.6% Q-o-Q respectively. Net profits in the second quarter reached NT$2.24 billion with a growth of 42% Q-o-Q, and an EPS of NT$ 0.98. Despite ICT market declines, Lite-On's core business units’ Q2 sales continued to gain momentum, with...
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Samsung today announced a new edition of its large-format LED display, The Wall, marking a pivotal expansion to its Chip on Board (CoB) lineup. Like earlier models of The Wall, the MPF series optimizes viewing experiences across an array of en... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The laws... READ MORE