Skip to main content

We need to get more capacity in this facility

Going forward, its Asian contributions should increase to 75 per cent of its global business from 65 per cent currently.Arthur Zafiropaulo disclosed that  they have not started shipping anything out of this facility and they are increasing our space by 30 percent because they are looking forward to growing faster in the engineering and R&D area.It’s said that China contributes 46 per cent of global LED sales, which is expected to hit US$18.4 billion by 2014.

Therefore Mr Zafiropaulo added that  " Demand for high-brightness LED Linear high bay light, specifically in China, has been overwhelming for us. We need to get more capacity in this facility, based on the China interest level."

"We expect to transfer all our lithography from California to here by the end of the year. And so we expect that will be the major part of our sales in this certain market."

Walsin Lihwa , supplier of electrical wires and cables from Taiwan, has officially starting its US$200 million LED-production project in its LED venture in Xian of mainland China, to tap into mainland China`s led high bay light market.Reportedly, it will start tooling the venture by the end of 2010 and begin mass production in the first half of 2011.

The venture will produce LED chips and modules for mainland Chinese manufacturers involved in the mainland`s ambitious “Ten Thousand Lights in Ten Cities”.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

while all of hit new record quarterly highs

As a result, to increase greenhouse yields and decrease producers' energy costs, they will team up with Rutgers University, the University of Arizona, Michigan State University, and Orbital Technologies Corp. on the four-year project to improve and evaluate LED lighting for greenhouse use, according to Cary Mitchell, a professor of horticulture and project director for the grant. Total sales from January through September of 2010 hit NT$92.88 billion, up 35% YoY. Meanwhile, operating profit and net profit reached NT$5.67 billion and NT$6.8 billion respectively, with accumulated EPS of NT$3.05 increasing a remarkable 50% YoY. In 3Q10, The Company’s gross margin and operating margin reached 13.9% and 6.7%, up 0.9% and 0.4% QoQ, respectively. Lite-On’s net cash position held steady at NT$11.9 billion, after its recent cash dividend distribution of NT$5 billion. Non-operating items posted a net income of NT$508 million in3Q, with Perlos’ Q3 sales reaching €138 million, up 12% YoY. Perl...
Post a Comment
Read more

It is extremely rare for the government to ask retailers

Stephan Wittekind, Business Development Director at Traxon, said, “The highlight of this concept is that the fixtures are completely integrated into the semi-transparent structure. Therefore, they are not visible during the day, and the appearance of the stadium is completely different by night.” According to The Yomiuri Shimbun, Japanese government has encouraged major electronics retailers and home appliance makers to voluntarily halt production and sales of incandescent bulbs to save Led linear high bay light power this summer. The government plans to submit a written request under the names of Economy, Trade and Industry Minister Yukio Edano and Environment Minister Goshi Hosono to an industry group, probably sometime this week. The industry side has indicated it will oblige. It is extremely rare for the government to ask retailers and manufacturers to refrain voluntarily from selling and producing specific products.The two ministers plan to send their request to Sho-ene Akar...
Post a Comment
Read more

Universal Display will develop new technologies and processes for OLED manufacturing

In addition to the patent sale, the 2 companies are engaged in “a strategic relationship,” with strengthened and enhanced alliances between the companies. Fujifilm will expand its business for the supply of Fujifilm's highly functional materials, such as barrier films, conductive films and flexible substrates, to OLED manufacturers globally, including Universal Display's worldwide customer base. Universal Display will develop new technologies and processes for OLED manufacturing. John R. Peeler, Veeco’s Chairman and Chief Executive Officer, commented, “Veeco continues to deliver solid results in a soft market. Second quarter revenue was $137 million, and adjusted EBITA and non-GAAP earnings per share were $20 million and $0.37, respectively, with gross margins of 45%. Veeco generated about $19 million in cash flow from operations, ending the quarter with $540 million in cash and short term investments.” Second quarter LED & Solar revenues were $87 million, including $75 mil...
Post a Comment
Read more