A hot news week, a big wave of earnings hit

Throughout this week's hot spots, the most dazzling than the LED industry have drying out the first quarter earnings report card". In addition, CREE and three joint venture is caused by the market shock, a lot of things, as in the following.

[core event]

The heavy! CREE and LED joint venture company established in three power

CREE, Inc. issued a press release on the evening of April 25th, announced a joint venture with Sanan optoelectronics. The joint venture will operate with high performance and power in the lighting level LED packaging products, expanding north and South America, Europe and Japan to provide services, and in the non exclusive basis for Chinese and other parts of the world to provide services. This news caused LED market shock, which in addition to represent Cree because the power LED lost a lot of market share to follow up the small and medium power LED trend, also means that the global five manufacturers LED patent licensing network change new situation, affects the development of Asian LED supply chain market, industry is worth attention.

The NVC invested $30 million in Chinese yuan jointly set up growth fund

NVC announced on April 21, 2017, the company and the general partner of Guoyuan Asset Management (Asia) Limited entered into a subscription agreement and limited partnership agreement. Accordingly, the company has applied to the state of China growth investment fund limited partnership to subscribe for partnership interests, commitment to the amount of capital invested $30 million. The general partner or its affiliates will make a commitment to a limited partnership to a total amount of not less than $10 thousand in the amount of capital contribution prior to the initial delivery date.

The good Chinese automotive lighting market, Hella - Hainachuan to build a new factory in Tianjin

The April 20, 2017 Shanghai auto show: automotive lighting and electronics expert Haylar, with the subsidiary of Beiqi group Beijing Hainachuan Automotive Parts Co, a joint venture of Haylar Hainachuan Lighting Co. Ltd. in Tianjin (Wuqing, Wuqing, near the city of Tianjin) to establish a new factory to further expand production capacity. The new plant is scheduled to start production in October 2017. The joint venture is mainly to provide services to customers of BAIC, including Mercedes Benz, Beijing, Beijing, and other Chinese automakers.

The changelight vice chairman Wang Weiyong to resign

24, 2009, according to Au Optronics Co, Xiamen, according to the announcement, the board of directors recently received the resignation of vice chairman Wang Weiyong. Mr. Wang Weiyong resigned for personal reasons resigned as vice chairman of the company, the board of directors, resigned after no longer hold any position in the company.

[results]

The PHILPS lighting in 2017 first quarter earnings report released, LED revenue growth of 19%

In April 21st, PHILPS lighting announced 2017 first quarter earnings, revenues of 1 billion 690 million euros in 2017 1-3 months, compared with 1 billion 702 million in the first quarter of 2016 the euro fell 0.7%; adjusted EBITDA of 142 million euros, 121 million euros for the same period last year. Overall LED sales growth of 19%, accounting for all business sales of 61%.

The crystal Q1 revenue of more than 1 billion 300 million, the gross margin is better than last season

Taiwan LED chip maker crystal electricity in the first quarter of four yuan LED order stability, Blu ray LED into the off-season under the influence of a single quarter revenue reduction of about 9%, an annual reduction of about 5%. Despite the impact of foreign exchange losses, but because the product mix is better, the gross margin is better than the previous quarter, a quarterly earnings per share of about 0.2 yuan (NT, the same below) level, better than expected.

The revenue of $342 million, Cree announced the 2017 fiscal year Q3 performance

Cree announced the 2017 fiscal year Q3 (Jie Zhisan check the end of the month) revenue of $342 million, compared with the same period last year fell 7%. Cree quarter net loss of $99 million, or equivalent to a loss of $1.02 per share, much less than the same period last year net profit of $152 thousand, or earnings per share (EPS) $0.01. If the exclusion of abnormal items, net profit fell to $749 thousand from $17 million last year, EPS shrunk from $0.01 to $0.07, well below analysts' forecast of $.

A quarterly, the three Huacan, MLS and other 33 companies have released LED

Throughout the LEDinside statistics of 33 LED listed companies in 2017 a quarterly, the overall performance of the good, operating income grew by 30, attributable to shareholders of listed companies net profit growth of up to year, there are 28. It is worth noting that the rectangular group, Wang Zhaoming, Lehman's shares in the ocean and the emergence of the "income does not increase profits" phenomenon. The rise in net profit growth in the enterprise, more significant is changelight, HC semitek, Mason technologies and Alto electronics, the enterprise 1Q17 net profit year-on-year growth of more than 200%.

Niche market

Samsung is the development of the seventh generation OLED screen, 4K screen PPI reached 800?

According to foreign media, the latest news shows that Samsung will start its seventh generation AMOLED display from the beginning of the next quarter of second. Foreign media said that Samsung's display technology sector will continue to carry out a wide range of research, including surface folding OLED screen, chip-on-plastic OLED screen and 800ppi pixel density super resolution OLED display.

The iPhone 8 as determined by the OLED screen, Samsung intends to supply 72 million dollars this year

According to South Korean media reported that Apple has been given, with Samsung on practical cooperation, the exclusive supply iPhone 8 to OLED (OLED screen screen assembly will start in May), the screen display is better. South Korean media stressed that Samsung plans this year for Apple's supply of 72 million flexible OLED screen.

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