Aixtron AIXG now listed on the NASDAQ after GGNS merger Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Aixtron AIXG now listed on the NASDAQ after GGNS merger

AIXG 3.060

0.0%

Jul 18 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Ian@SI	3/15/2010 5:21:50 PM
	of 185

AIXG customer? LED chipmaker Tekcore to increase capital for MOCVD purchase DIGITIMES [Monday 15 March 2010] Taiwan-based LED chipmaker Tekcore plans to issue 100 million new shares to through private placement that may fetch some NT$3 billion (US$94.38 million) to fund the purchase of new MOCVD machines amid surging demand for high-brightness (HB) LEDs for LCD TV backlighting. Tekcore noted that the number of its MOCVD machines will reach 37-38 by the end of the second quarter of 2010. Tekcore had 27 MOCVD sets at the end of 2009. Epistar is the biggest shareholder of Tekcore with a 19.3% stake, while LED packaging house Everlight Electronics has a 9.9% stake. Tekcore has reported February revenues of NT$132.75 million, down 10.06% sequentially from NT$147.61 million but up 93.06% on year from NT$68.76 million. Revenues for January-February totaled NT$280.36 million, up 156.09% on year. Tekcore expects to see its March revenues to increase over 20% sequentially to NT$160 million amid increasing demand for HB LEDs used in backlights for large-size panels and general lighting Monthly revenues in the second half of 2010 are expected to reach NT$250 million and revenues for the whole year are expected to increase 50-60%, Tekcore added. The company is expected to see profit in the first quarter of 2010 although there will be an about 3% sequential drop in revenues, the company said. For 2009, Tekcore has reported a net loss of NT$160 million. The company had net loss of NT$227 million for the first three quarters and net profit of NT$60 million for the fourth quarter of 2009.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next