[week news hot spot] a big wave of earnings hit

Throughout this week's hot spots, the most dazzling is that the LED industry has dried 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 events]

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 subscribe to partnership rights with the China Development Fund Limited Partnership Limited, with a capital commitment amounting to $30 million. The general partner or his associates will make a commitment to the limited partnership for an aggregate amount of not less than $10 thousand before the initial date of delivery.

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 will begin production in October 2017 as scheduled. The joint venture mainly serves BAIC customers, including Beijing Benz, Beijing motor, and other Chinese car makers.

The changelight vice chairman Wang Weiyong to resign

24, Xiamen, according to Au Optronics Co announced that the board of directors recently received vice president of the company Mr. Wang Weiyong's resignation report. Mr. Wang Weiyong, for personal reasons, resigned as vice chairman and director of the company, and no longer holds any position in the company after his resignation.

[performance report]

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 grew by 19%, accounting for 61% of all sales.

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

Taiwan LED chip manufacturers, crystal electric in the first quarter in four yuan LED orders stable, Blu ray LED into the off-season, the single quarter revenue quarter reduced by about 9%, an annual decrease of about 5%. In spite of the impact of exchange losses, the gross profit margin was better than the previous quarter, and the quarterly earnings per share were approximately 0.2 yuan (NT $the same below), due to the better product mix.

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 net loss of $99 million in the quarter, or equivalent to a loss of $1.02 per share, compared with the same period last year net profit of $152 thousand, or earnings per share (EPS) $0.01. Excluding unconventional items, net profit shrank from $17 million last year to $749 thousand, and EPS shrank from $0.01 to $0.17, well below analysts' estimates of $0.07.

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 for the better, revenue growth of 30, attributable to shareholders of listed companies net profit growth of 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]

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

According to the latest news from foreign media, Samsung will start producing its own seventh generation AMOLED display from the second quarter of next year. Foreign media said, Samsung's display technology department will continue to carry out a variety of studies, 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 to supply 72 million flexible OLED screens for apple this year.

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