Taipei, Tuesday, October 24, 2017 11:56 (GMT+8)
mostly cloudy
Taipei
24°C
Digitimes Research: Samsung consolidating LED business
Jessie Lin, DIGITIMES Research, Taipei [Tuesday 27 December 2011]

In 2010, Samsung LED became the first LED firm in South Korea to have revenues exceeding KRW1 trillion (US$863 million) and ranked as number one among LED firms in South Korea. Its third-quarter 2011 revenues reached KRW358.2 billion, much higher than KRW248.9 billion by LG Innotek's LED business unit and KRW166.1 billion by Seoul Semiconductor. Samsung LED continues to rank as number one among its Korean peers.

However, the third-quarter 2011 revenues only show a slight 3% growth on year while operation profit margin turned negative. The total revenues for the first three quarters in 2011 showed slight decrease on year and Digitimes Research expects its fourth-quarter capacity utilization rate at around 50-60%. Therefore Samsung LED's total revenues in 2011 should show slight on-year drop.

In order to enhance Samsung LED's competitiveness, Samsung Electronics plans to merge it into the "Component Solution Business Unit" to hook the LED business with other business units within the group.

Although the LED industry in 2011 has not been developing as expected, Samsung LED continues to expand operations. Samsung has been introducing lighting products with very competitive prices and promoting these products through the existing distribution channels in the US and Europe.

In addition, the Samsung Group plans to extend LED lighting applications to green buildings. In the first half of 2012, Samsung C&T Corporation, Samsung LED and Samsung Electronics will jointly develop green building solutions that will not only cover South Korea region, but also Europe, China and Southeast Asia.

Realtime news
  • Qualcomm gains further share of smartphone AP market in 1H17, says Strategy Analytics

    Bits + chips | 13min ago

  • Taiwan market: iPhone 8 devices best-selling smartphones in September

    Mobile + telecom | 15min ago

  • Taiwan forms Green Energy Research Consortium

    Green energy | 32min ago

  • North American semi equipment industry billings continue slide

    Bits + chips | 1h 17min ago

  • Taiwan September manufacturing production index up on year

    Bits + chips | 1h 49min ago

  • Arima Optoelectronics and Toshiba reach settlement on patent lawsuit

    Before Going to Press | Oct 23, 21:59

  • Sony looks to expand CIS presence in car electronics market

    Before Going to Press | Oct 23, 21:42

  • Powertech expects growth in 4Q17

    Before Going to Press | Oct 23, 21:41

  • Huawei ships 112 million smartphones in January-October

    Before Going to Press | Oct 23, 20:52

  • Aleees constructing new plant in China

    Before Going to Press | Oct 23, 20:49

  • Semiconductor firms eye edge-computing opportunities

    Before Going to Press | Oct 23, 20:45

Pause
 | 
View more
Global notebook shipment forecast, 2017 and beyond
Global AP demand forecast, 2017-2020
Global notebook shipment forecast, 2017 and beyond
  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Taiwan server shipment forecast and industry analysis, 2017

    Digitimes Research estimates that revenues from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors reached NT$555.8 billion in 2016 and the amount is estimated to grow 5.9% on year in 2017.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.