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NEWS TAGGED HUGA
Wednesday 6 February 2013
Epistar, Huga acquisition benefits to show in 2013
Market observers believe Taiwan-based LED chipmaker Epistar is likely to report 2012 net losses due to losses incurred from investments. However, the benefits Epistar's acquisition...
Thursday 17 January 2013
Commentary: LED consolidations in 2012 to show effects in 2013
The Greater China LED industry went through consolidation in 2012 and many tier-two and tier-three firms exited the market due to continuous net losses. The effects of the consolidations...
Wednesday 12 December 2012
Taiwan LED chipmakers unlikely to return to profitability in 2012
Taiwan-based LED chipmakers have been trying to return to profitability but due to continuous price falls, it has been difficult. Market observers believe LED chipmakers such as Epistar,...
Wednesday 28 November 2012
Taiwan LED firms to reportedly cut staff
Weak demand is said to have caused Taiwan-based LED firms to consider reducing their workforces. Huga Optotech, Lextar and Everlight are reportedly considering cutting staff.
Monday 1 October 2012
Epistar acquires Huga Optotech
Taiwan-based LED chipmaker Epistar will issue new shares in order to obtain a 100% stake in Huga Optotech, the firm announced on September 28. Huga Optotech has been officially acquired...
Friday 24 August 2012
Huga sees shrinking net losses in 2Q12
Huga Optotech reported shrinking net losses of NT$307 million (US$10.24 million) for the second quarter of 2012 due to orders from Epistar. Nevertheless, net losses for first-half...
Wednesday 15 August 2012
Commentary: Epistar expands capacity while facing price competition from China-based peer
The LED chip market continues to experience oversupply problems. However, in first-half 2012, most tier-one LED firms in Taiwan were operating with full capacity, which has led to...
Friday 10 August 2012
Epistar to take over Huga Optotech via share swap
LED chipmaker Epistar will completely take over subsidiary Huga Optotech through a share swap in which one Epistar share will be exchanged for 4.85 Huga shares, Epistar has announced...
Monday 9 July 2012
LED firms report rising 2Q12 revenues
LED chipmaker Epistar reported June revenues with on-month increase of 4.3%. LED packaging house Everlight reported June revenues with an increase of 2.9% compared with May revenues...
Friday 15 June 2012
Taiwan LED firms see mild revenue growths in May
According to statistics, the total May revenues of Taiwan-based LED firms reached NT$8.7 billion (US$290.9 million), up by 4.59% on month but down 12.1% on year. Benefitting from...
Wednesday 30 May 2012
LED industry predicts revenue growth for 2Q12
Downstream LED packaging houses have been operating with capacity utilization rates of 70-80%. In particular, Unity Opto indicated order visibility is clear through June and predicted...
Thursday 10 May 2012
LED chipmakers to keep talent by distributing shares to employees
LED chipmakers Epistar, Genesis Photonics and Huga Optotech have announced plans to distribute restricted shares ranging from 5-15 million units to their employees with an aim of...
Thursday 9 February 2012
Epistar sees January revenues down 12% on-month
LED chipmaker Epistar announced January revenues of NT$980 million (US$33 million), down 12.26% on month and 29.4% on year. Epistar indicated capacity utilization rate in January...
Tuesday 10 January 2012
LED chipmakers and packaging firms suffer revenue declines in December
Affected by seasonal factors, most Taiwan-based LED chipmakers and LED packaging companies have posted declines in revenues for December, with the setbacks suffered by upstream chipmakers...
Monday 2 January 2012
Low revenues in LED chipmakers to continue throughout 1Q12
Industry sources believe Taiwan LED revenues decreased 5-10% on-month in Decmeber due to the traditional low season. In addition, January 2012 revenues are likely to show another...