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2015-10-21

Chinese LED Manufacturer Leyard's Net Profit Rose 104% YoY

Leyard Optoelectronic, a leading worldwide provider of LED display products and auxiliary systems announced its 3Q15 financial result. The company’s revenue rose to RMB 523 million (US $82.39 million), reflecting 68.12% year on year (YoY) growth, while its net profit skyrocketed 182.67% YoY to RMB 103 million (US $16.23 million). Meanwhile, Leyard's 41.24% consolidated gross margin is considered relatively high among the manufacturers within the LED industry.
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2015-10-20

Nationstar to Invest US$ 9.4M for Equipment Purchase

Chinese LED manufacturer Nationstar announced it has signed a domestic equipment procurement agreement with ASM Pacific Technology (Shanghai), and import equipment purchase agreement with ASM Pacific Technology (Hong Kong).
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2015-09-11

MLS to Invest US$278 M in Kaistar Lighting

On Sep. 10, MLS announced that the company will spend RMB$ 180 million (US$ 278.2 million) to purchase stock in Kaistar Lighting with private fund, acquiring 10.91% of Kaistar’s shares.
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[News] Samsung Enhances the Walmart AMP Live Event Experience with New Outdoor LED Displays

Samsung Electronics America is enhancing the fan experience at the Walmart Arkansas Music Pavilion (AMP) with an ecosystem of Outdoor LED video walls, TVs and Galaxy tablets. From the front row to the farthest corners of the outdoor venue, Sam... READ MORE

[News] Samsung Reportedly Set to Unveil 115-Inch RGB Micro LED TV in June

According to The Elec, Samsung has announced plans to launch a 115-inch RGB Micro LED TV later this year. The new model will be part of the company’s Neo QLED TV lineup but positioned as an ultra-high-end version. In contrast, current Ne... READ MORE

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