In the wake of recent news of layoffs at Google and Microsoft to signal challenging times in the tech sector, LED chip giant Epistar Corp. has recently cut 76 jobs at its factory at the Hsinchu Science Park, northern Taiwan, after deciding in early September to lay off 65 employees at its factory in the Southern Taiwan Science Park. Its subsidiary, Formosa Epitaxy Inc. (FOREPI), has also decid...

Both Epistar Corp. and Genesis Photonics Inc., recognized as Taiwan’s top-two light emitting diode (LED) chipmakers, have confirmed that their orders received in September from lighting manufacturers have increased. Epistar executives point out that the fourth quarter is usually the high season for the lighting market because of rising demand incidental to the Christmas season in Europe and No...

Inspired by the surging demand for LED light bulbs in North America as a result of the race among big-name suppliers to introduce more affordable products, coupled with generally dropping retail prices of LED bulbs, Everlight Electronic Co., Ltd., the world’s biggest LED packager by production capacity, feels optimistic about its business in September and October. To meet different price-point...

The longest-established, most trusted promoter of Taiwan’s exports, CENS (China Economic News Service), will be present at the upcoming Hong Kong Int’l Lighting Fair (Autumn Edition), to be held October 27-30, 2015 at the Hong Kong Convention and Exhibition Centre, ready to circulate the newest editions of CENS Lighting and e-magazines, as well as various practical services to facilitate sourcing...

The joint venture of Epistar Corp. of Taiwan, Shenzhen Kaifa Technology Co., Ltd. (KAIFA) of mainland China and Kaistar Lighting (Xiamen) Co., Ltd. has acquired American LED chipmaker BridgeLux Inc., opening a new chapter in cooperation between Taiwanese and mainland Chinese LED makers on overseas acquisition. The joint venture is 47.88 percent held by KAIFA, a leading manufacturer of contract...

Mainland China’s light emitting diode (LED) packaging market grew 19 percent year on year, to US$8.6 billion in 2014, mainly driven by demand from the lighting sector, according to market consultancy LEDinside, a subsidiary of the Taiwan-headquartered TrendForce Corp. The market organization’s studies show that the top-10 packagers in the mainland together dominated a 45.6 percent share of the...

Bucking the sales revenue downturns among almost all of Taiwan’s light emitting diode (LED) makers in June this year from the previous month, Everlight Electronics Co., Ltd.’s consolidated June revenue increased 10.38 percent month on month to NT$2.42 billion (US$78.32 million) to be the island’s sole profitable maker of LEDs for lighting. Executives of the world’s No.1 LED packager by volume ...

Mainland China’s light emitting diode (LED) industry will manifest five trends throughout 2015: electronic commerce will emerge as a retail channel, indoor lighting demand will sustain the rapid growth of the industry, competition among manufacturers will further intensify, international players will stay more focused on their specializations to survive the market, and consolidation and reorganiz...

Everlight Electronic Co., Ltd. Chairman Robert Yeh has announced having raised NT$5 billion (US$161.29 million) as the initial capital for a 3-year expansion plan that calls for some NT$10 billion (US$322.58 million). To raise such initial capital for the expansion, the company issued convertible bonds at NT$80 per share, at a 110 percent premium. The expansion is seen as the biggest in the is...

Genesis Photonics Inc. forecasts its sales of flip-chip LEDs to jump to account for 25-30 percent of total revenue in the second quarter from first quarter’s 10 percent or so mostly due to adoption of such chips by makers in South Korean high-end liquid-crystal display (LCD) TVs as backlights and robust orders for chips for digital camera flashes. The company, reportedly a leading light-emitti...