Company News

Business News | Jul 30, 2010
LGE topped 2Q 2006 OLED shipments
LGE topped 2Q 2006 OLED shipments LG Electronics (LGE) leaped to the top in worldwide OLED (organic light-emitting diode) shipments in the second quarter, after falling into the third place in the first quarter of 2006, according to research firm Displaybank. Read more »
Business News | Jul 30, 2010
Quanlight raises $3 Millon in Series B
Quanlight Inc., a leader in developing high power, high brightness red light emitting diodes, has raised $3 million in its oversubscribed Series B offering. The financing was led by Blackbird Ventures and (SHW)2 Enterprises with a small group of private investors. Read more »
Business News | Sep 06, 2010
Epistar expects 35% in 3Q10 gross margin
Although Taiwan-based LED chipmaker Epistar will adjust its shipment mix in the wake of a demand slowdown from the LED-backlit TV segment, the company's internal target for third-quarter 2010 gross margin remains at 35%, according to industry sources. Epistar pointed out that September revenues could be affected due to the adjustment but should at least reach the level of August and gain modestly from that of July. The company expects full utilization of blue LED capacity into September and about 75-85% for red LEDs. Epistar registered first-half revenues of NT$9.274 billion (US$290.767 million), gross margin of 37.75% and after-tax profit of 2.692 billion or NT$3.5 per share. The company pointed out that orders were in excess of capacity by 30-40% in the first half and expects demand and supply to be more balanced in in the fourth quarter. Read more »
Business News | Nov 29, 2010
AZZURRO Semiconductors Expands with 14.5 Million Euro from Global Investors
AZZURRO Semiconductors announced the closing of a growth financing round providing production capacity to address significant market demand. The EUR 14.5 million investment round was provided by new investors Wellington Partners, Good Energies and Emerald Technology Ventures and was joined by existing investors Cedrus Private Equity and IBG Innovationsfonds (managed by GoodVent). Read more »
News-Spot | Business News | Jul 25, 2012
200 mm GaN-on-Si Wafer-Development at Azzurro Receives Local Government Support
Azzurro Semiconductors AG’s development of next generation gallium nitride on 200 mm silicon substrates is supported by the local government of Saxony. The minister for science and technology, Sabine von Schorlemer handed the official grant note to the company today. The project is financed with 2.6 million Euro from the European Regional Development Fund (ERDF) and the Free State of Saxony. Read more »
News-Spot | Business News | May 31, 2013
LUXeXceL Completes A-Round Venture Funding and Commitments
LUXeXceL Group, the inventor of the proprietary Printoptical Technology, announced today the completion of the A-round by a Dutch Venture Capital company Chrysalix SET and the US based Turnstone Capital Management. The proceeds of this funding will be used to finance the Company’s growth, expand its R&D and sales operations and enhance its leadership position in the new digital way to design, prototype and manufacture optics On Demand. Read more »
Business News | Jul 30, 2010
Luminus Devices and Avnet Electronics Marketing Launch PhlatLight™ LED Products Distribution Pact
Luminus Devices, Inc. today announced a distribution agreement with Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), one of the world’s largest distributors of electronic components and computer systems. Under the agreement, Avnet will distribute PhlatLight™ LED products to Luminus’ general illumination customers throughout North and South America. Read more »
Business News | Jul 30, 2010
Epistar Increases LED Capacity Again With More AIXTRON MOCVD Tools
AIXTRON AG is pleased to announce a third multiple order, received in the fourth quarter 2007 from Epistar, one of the world's leading manufacturers of Ultra-High-Brightness (UHB) LEDs. The latest order again includes both multiple CRIUS Close Coupled Showerhead (CCS) reactors as well as AIX 2800G4 HT Planetary Reactor systems which are AIXTRON’s flagship products for large scale GaN-based LED manufacturing. Read more »
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