Philips Lighting has completed the cancellation of 2.2 million shares that it repurchased from Royal Philips in February 2018 for an aggregate amount of EUR 71 million.

Philips Lighting announced that it has repurchased 154,000 shares in the period May 2, 2018 to May 4, 2018. The shares were repurchased at an average price of EUR 26.54 per share and an aggregate amount of EUR 4.09 million.

Universal Display Corporation reported financial results for the first quarter ended March 31, 2018. It also announced that its Board of Directors approved a second quarter cash dividend of $0.06 per share on the Company's common stock.

“The first half of the fiscal year was challenging due to various factors. However, the long-term growth trend remains intact, while the reorganization and the technological shift are continuing,” said Olaf Berlien, CEO of OSRAM Licht AG.

Philips Lighting announced the start of a program to repurchase up to 1.5 million of its own shares. Philips Lighting will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans.

Seoul Semiconductor on April 30 announced consolidated first-quarter revenues of Korean won (KrW) 283.0 billion (USD 263 million). The rise in consolidated revenue came from strong sales in general lighting, especially from the automotive lighting segment and strength across all application segments, with the IT division delivering high single digit growth YoY. The results fall within the company’s guided KrW 270 billion and KrW 290 billion for the quarter.

Samsung Electronics posted KRW 60.56 trillion in consolidated revenue and KRW 15.64 trillion in operating profit for the first quarter of 2018.

Philips Lighting announced the company’s 2018 first quarter results. “As previously indicated, the first quarter marks a soft start to the year, mainly due to a weak performance in Home, most notably in the United States. Our other three businesses further improved their operational profitability, particularly Professional which increased its adjusted EBITA margin by 310 basis points,” said Eric Rondolat, CEO of Philips Lighting. “I am pleased with the progress made on the cost side with a 13% reduction in our indirect cost base, and with our free cash flow performance after a strong fourth quarter. Our focus remains on implementing our strategy toward the shift to LED, Systems & Services.”

Cree, Inc. on April 25 announced financial results for its third quarter of fiscal 2018, ended March 25, 2018.

Cree, Inc. Announces 2018 Third Quarter Earnings Release Webcast

Lite-On Reports Steady Growth in LED Related Businesses, While AUO Monthly Panel Shipments Increase.

LITE-ON Technology today reported February consolidated revenue of NT$13.04 billion, decreased 21% M-o-M and 19% Y/Y, mainly impacted by the Chinese Lunar New Year holiday shutdown. Cumulative sales for January and February totaled NT$29.54 billion.

Micro LED display developer VueReal announced on March 6 the initial closing of its $10.5 million (USD) Series A funding led by the venture arm of a large Asian company and a leading North American vendor focused on startups with emerging technology.

AIXTRON SE has a number of stock option programs in place that grant employees the right to purchase AIXTRON shares under certain conditions. The company in February announced its financial results for fiscal year 2017 and the fourth quarter 2017.

Taiwan-based LED chip manufacturer Epistar reported a decrease of 8.59% MoM and a growth of 11.52% YoY in its revenue for January 2018. The slow season and the price decline of LED are factored in for the decrease.

LED vertical integration manufacturer Lextar Electronics registered a revenue of NTD 760 million (USD 25.97 million) for February, down 21.7% MoM. The company attributed the revenue decline to the Chinese New Year holiday and product mix adjustment.

Philips Lighting announces that it intends to repurchase 2.2 million of its ordinary shares from Royal Philips.

Universal Display Corporation reported financial results for the fourth quarter and year ended December 31, 2017.

Philips Lighting announced that it has completed the cancellation of 2.8 million shares that it repurchased from Royal Philips on November 28, 2017 for an aggregate amount of EUR 90 million.

Innolux announces January 2018 consolidated revenues and unaudited net income for 2017.

LITE-ON Technology reported January consolidated revenue of NT$16.51 billion, up 2% Y-o-Y and decreased 8% M-o-M supported by stable end-demand from core businesses.

Lumentum reported results for its fiscal second quarter ended December 30, 2017.

In the first quarter of fiscal year 2018, Osram continued to grow while increasing capital expenditure. "We had a solid first quarter. Despite the significant headwind from currency effects, we managed to generate further growth while maintaining high margins. From the current perspective, we expect to gain momentum in the second half of the fiscal year," said Olaf Berlien, CEO of OSRAM Licht AG.

Philips Lighting just announced the company's fourth quarter and full year results 2017. "In line with our objectives, Philips Lighting returned to comparable sales growth in 2017 driven by the growth of LED and connected lighting Systems & Services, which demonstrates the successful execution of our strategy," said CEO Eric Rondolat.

Seoul Semiconductor announced 2017 fiscal year consolidated revenues of US$ 1.04 billion. The 16% rise in consolidated revenues far exceeds the industry average, which grew 2% during the same period. The growth of revenue is contributed to improvements in both general lighting sales and IT product related sales growing in the mid-teens as well as the automotive lighting business which grew more than 20%.

Aledia, a developer and manufacturer of next-generation 3D LEDs for display applications based on its gallium-nitride-nanowires-on-silicon platform, announced the closing of its Series C financing round with Intel Capital as a new investor.

Cree yesterday announced financial results for its second quarter of fiscal 2018, ended December 24, 2017.

LG Display reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2017.

Cree, Inc. Announces 2018 Second Quarter Earnings Release Webcast

LITE-ON Technology reported December consolidated revenue of NT$18.02 billion, decreased 3% M-o-M and 16% Y-o-Y. Cumulative sales for the entire year of 2017 reached NT$ 214.57 billion supported by stable end-demand from core businesses.