SI
SI
discoversearch

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.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gizwick who wrote (57992)9/15/2016 7:49:51 PM
From: Spekulatius  Read Replies (1) of 78715
 
Re TCPI -
This company has products in an area of growth no matter what the margin
Well, the margins matter a lot. The CFL bulbs as well as Halogen lights were nicely profitable. GE lighting, Philips lighting and Osram (used to be owned by Siemens) were very nicely profitable business, even though they were growing slowly.

Then the LED's came which are a different technology (solid state) and disrupted a field. Margins tanked, the startups in this field went out of business and this become a low margin business dominated by the Chinese.

However, there is a high power laser market, that had evolved that is very technology driven. These high power lasers replace CO2 lasers that have been used for machining (cutting) for example. Osram plays in this as well as several machine tool manufacturers that build their own Led based lasers. That is where money is made nowadays. The Chinese are not strong in this market, at least not yet and it is very different than making low power lighting LED's. I also know for fact that the Chinese are hurting.

How I know this? I work in a related field and have been following the industry. That is as much as I want to disclose. You can take my word for it or ignore it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News