2010-08-25

Veeco Authorizes Share Repurchases

Veeco Instruments Inc. announced that its Board of Directors has authorized the repurchase of up to $200 million of the Company's common stock over the next year.
Continue reading
2010-08-24

Lextar Electronics Reports 2Q 2010 Financial Results

2Q Gross Margin 28.7% 2010 First-half EPS NT$2.02
Continue reading
2010-08-16

Nexxus Lighting Reports Its Sales Revenue of Second Quarter 2010

Nexxus Lighting, Inc. has released its sales revenue of second quarter 2010. The company revenue increases by 43% to $3.7 million compared to the prior year quarter. Gross profit increased to $873,000 on higher sales volume, compared to $650,000 in Q2 2009. Nexxus pointed out that the sales of LED products accounted for 84% Nexxus’ revenue in Q2 2010, versus 74% last year.
Continue reading
2010-08-11

SemiLEDS files for IPO, registered to raise up to $173 million in shares

SemiLEDs Corporation, which specializes in blue, UV, and green LED chips, has filed for an Initial Public Offering. The firm registered with the U.S. Securities and Exchange Commission to raise up to $173 million in shares. The firm has a history of 5 years and has booked $29 million in sales for the 12 months ended May 31.And it intends to list on the NASDAQ under the symbol LEDS.
Continue reading
2010-08-11

Cree reported annual revenue and annual net income for fiscal year 2010

Cree announced its annual revenue and annual net income. Its record revenue has achieved to $264.6 million for its fourth quarter of fiscal 2010, ended June 27, 2010. Compared to revenue of $148.1 million reported for the fourth fiscal quarter last year, it increase by 79% and compared to the third quarter of fiscal 2010, it increase by 13%. GAAP net income for the fourth quarter increased 445% year-over-year to $52.8 million, or $0.48 per diluted share.
Continue reading
2010-07-30

AIXTRON announced the financial results for the first half of 2010

AIXTRON did the positive business performance in H1/2010 due to the continuing healthy demand, beneficial volume effects, and a stronger US Dollar. Firstly, compared to H1/2009, the gross margin in H1/2010 was 10 percentage points higher at 53%. The H1/2010 operating result increased year on year by 769% to EUR 106.9m with a 19 percentage points higher EBIT margin of 31%, leading to a net result of EUR 74.1m or 21% return on sales. The H1/2010 net income was 742% up year on year.
Continue reading
2010-07-27

VEECO Second Quarter 2010 Financial Results made new record

VEECO has stated its financial results based on GAAP for the second quarter ended June 30, 2010. According to John R. Peeler, VEECO 's Chief Executive Officer, the second quarter revenue has made a new record of $253 million, an increase of approximately 250% from last year and 55% sequentially. LED & Solar, Data Storage and Metrology, continue to execute extremely well, with sequential improvements in revenue and EBITA.
Continue reading
2010-06-30

To meet the LED supply challenge, Taiwan`s LED Chipmakers expands output

Taiwan`s major LED chipmakers ,such as Epistar Corp., Formosa Epitaxy Inc. , Genesis Photonics Inc., Lextar Electronics Corp., are expanding output to meet the LED supply explosively increasing supply challenge this year. Epistar Corp., has agreed private placements of less than 300 million shares, hoping raise nearly NT$26 billion in cash.
Continue reading
2010-06-18

Some Taiwan LED Makers Announce May Revenue

Epistar Corp. registered revenue of US$54.6 million in May, up 6% month-on-month (MoM) and 78% year-on-year (YoY), achieving record monthly revenues three months in a row. Demand for LEDs for LCD TV backlights and for general illumination, has been strong, said by Rider Chang, Epistar`s vice president and spokesman.
Continue reading
2010-04-29

AIXTRON on track to achieve record result in 2010

- Operational leverage driving profit growth - - Business outlook remains positive for 2010 - - 2010 guidance raised to EUR 650m-700m revenues and circa 30% EBIT - AIXTRON AG, worldwide leading provider of deposition equipment to the semiconductor industry, today announced the consolidated financial results for the first quarter of 2010.
Continue reading
2010-04-28

Dialight Acquires BTI Light Systems A/S

Dialight plc, the UK based leader in applied LED technology, announces the acquisition of BTI Light Systems A/S ("BTI"), a Danish company offering signaling and safety equipment for the wind, marine and airport industries. BTI is being acquired from its management for a total consideration of DKK 26m (£3.0m), DKK 18m (£2.1m) of which is payable in cash with the remainder in Dialight shares.
Continue reading
2010-04-28

Veeco Announces First Quarter 2010 Financial Results

Veeco Instruments Inc. announced its financial results for the first quarter ended March 31, 2010. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
Continue reading
2010-04-21

Cree Reports Record Quarterly Revenue and Net Income for the Third Quarter of Fiscal Year 2010

Cree, Inc., a market leader in LED lighting, today announced record revenue of $234.1 million for its third quarter of fiscal 2010, ended March 28, 2010. This represents a 78% increase compared to revenue of $131.1 million reported for the third fiscal quarter last year and a 17% increase compared to the second quarter of fiscal 2010.
Continue reading
2010-02-18

Rubicon Technology, Inc. Reports Fourth Quarter 2009 Results

Rubicon Technology, Inc. , a provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, reported financial results for its fourth quarter ended December 31, 2009.
Continue reading
2010-02-10

Veeco Announces Q4 and 2009 Financial Results

Veeco Instruments Inc. announced its financial results for the fourth quarter and full year ended December 31, 2009. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
Continue reading
2010-01-20

Cree Reports Record Quarterly Revenue and Net Income for the Second Quarter of Fiscal Year 2010

Quarterly Revenue increased 35% year-over-year to $199 Million Quarterly Net Income was $33.8 Million Cree, Inc., a market leader in LED lighting, today announced record revenue of $199.5 million for its second quarter of fiscal 2010, ended December 27, 2009. This represents a 35% increase compared to revenue of $147.6 million reported for the second fiscal quarter last year and an 18% increase compared to the first quarter of fiscal 2010.
Continue reading
2010-01-12

Albeo Announces Record Year and Triples LED Lighting Manufacturing Space

Albeo Technologies delivers record 2009 revenues with an exceptional increase in December shipments of over 250%. Albeo also tripled their manufacturing space into two buildings at their Sterling Circle location in Boulder and added new manufacturing jobs. C-Series LED high bay, T8LED troffer, and GarageLED fixture volume is driving expansion
Continue reading
2009-12-28

VPEC plans to ramp its capacity by 40-60% in 2010

Visual Photonics Epitaxy Co Ltd (VPEC), Taiwanese pure-play epiwafer foundry, is planning to ramp its capacity by 40-60% in 2010.
Continue reading
2009-11-18

Formosa Epitaxy to Establish the Largest LED Plant in China

LED industry giants, including Formosa Epitaxy (3061), Unity Opto (2499), Amtran, and LG Display (LGD), have jointly-invested a total of NT4.8 billion (~USD 150 million) to set up an LED chip manufacturing plant in Jiangsu – Jiangsu Canyang Corporation (transliterated). Yangzhou Municipal Government, in Jiangsu Province, has also granted NT 2.4~2.5 billion (~USD 78 million) in subsidies to encourage the development of the LED industry in China. 
Continue reading
2009-11-04

Rubicon Technology Reports Third Quarter 2009 Results and Outlines Two Year Expansion Plan

Rubicon Technology, Inc. (NASDAQ:RBCN), a provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, Tuesday reported financial results for its third quarter ended September 30, 2009.
Continue reading
2009-10-28

LED Backlight Drives Veeco‘s Q3 Revenu up

Veeco Instruments Inc. announced its financial results for the third quarter and nine months ended September 30, 2009. The third quarter revenue was $99 million, down 15% on $115.7m a year ago but up on $72m last quarter and well above the guidance of $80-88 million.
Continue reading
2009-10-22

Cree Posts Strong 1Q Results, Outlook

Cree Inc. Tuesday posted first-quarter earnings and revenue well above market expectations, and forecast strong second-quarter results. The LED lighting manufacturer reported net income of $21 million, or 23 cents per share, on $169.1 million in revenue for its fiscal 2010 first quarter, ended Sept. 27. That's up from net income of $5.9 million, or 7 cents per share, on $140.4 million in revenue in the same period a year ago.
Continue reading
2009-10-05

Toshiba to invest 100 billion yen in LED light bulb manufacturing

Toshiba has announced a six-year, 100 billion yen (about $1.11 billion; 1 USD = 89.7951 JPY) investment plan in LED light bulb manufacturing.
Continue reading
2009-10-05

Companies will be scaling back quotes by 10 percent with the expiry of licenses on LED technologies

The discontinuation of many foreign-held patents on diode-based technologies by 2010 is expected to cut prices of China-made LED bulbs and tubes further. Among the multinational companies with several licenses expiring in the next few months are Osram, Nichia and Cree.
Continue reading
2009-09-14

Cree Prices Common Stock Offering

Cree, Inc. last week announced that the public offering of 11,000,000 shares of its common stock has priced at $35.50 per share for gross proceeds of $390.5 million. The offering includes a 30-day option for the underwriters to purchase up to 1,650,000 additional shares to cover overallotments, if any. Cree is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933. The offering is expected to be completed on September 16, 2009, subject to customary closing conditions.
Continue reading
2009-09-07

Macroblock’s August Revenues Beefed Up by Rushed Orders for the 2010 World Expo

Spurred by an influx of orders for the 2010 World Expo Shanghai, LED maker Macroblock’s revenues surged 30% MoM to $4.26 million in August; the growth momentum is expected to extend through September. Macroblock’s third quarter revenues is expected to reach $12 million, a QoQ growth of 34%, which is far higher than the previous estimate of 10~15% growth released at the investor’s conference.
Continue reading
2009-09-01

LED makers celebrated Q2 revenue performance; Genesis Photonics’ margin slid

Taiwan LED makers cheered as their 2Q09 revenues jumped by more than 30-40%, thanks largely to robust demand of backlight applications and outdoor displays.
Continue reading
2009-08-19

Unity Opto expects Q3 revenues to reach $39 million

Spurred by medium to large-sized LED backlight order, Unity Opto Tech's Q3 margin rose significantly, with Q3 revenue forecasted to reach $39 million.
Continue reading
2009-08-14

FOREPI and Epistar Revenues Beefed Up by the Increase of LED TV Orders

As the vanguard in the field, Samsung introduced the first series of LED TV and sold some 500 thousand units in the last six months. The launch triggered various brand vendors such as LG, Sharp, Sony to follow suit, and benefitted Taiwan's LED chip makers Epistar and FOREPI.
Continue reading
2009-08-12

Cree Reports Record Revenue for the Fourth Quarter and Fiscal Year 2009

Cree, Inc. yesterday reported its 4Q09 revenue and forecast better-than-expected first-quarter results. The company scored record revenue of $148.1 million for its fourth quarter of fiscal 2009, representing a 9% increase compared to revenue of $135.9 million reported for the fourth fiscal quarter last year and a 13% increase compared to the fiscal third quarter of 2009. And for fiscal year 2009, the company reported revenue of $567.3 million, which represents a 15% increase compared to revenue of $493.3 million for fiscal 2008.
Continue reading

TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE

The German chemistry giant BASF has revealed its development of dark automotive paint colors that are reflective to LiDAR for enhancing the detecting function of autonomous cars. LiDAR plays a critical role to the development of autonomous veh... READ MORE