the plane will be ready to fly once the affected inventories have been fully impaired, and new products that are not dependent on Nichia’s or other companies’ patented technologies showing the potential to win back market share; signs of revenue recovery and restart plant 3 expansion which has been cancelled if you will.

Its just cease sales, products recall and destruct for now and no disclosure on the amount of damages to be paid to Nichia yet, peace. Extracted from Nichia's website - The settlement fully confirms Nichia's patent infringement claims in relation to the Dominant LEDs, cease the sales in Germany, France, Italy and the Netherlands, to recall and destruct the products, to provide information and rendering account, and to compensate Nichia for damages. Nichia also holds family patents of EP2323178 in the following countries: Japan, U.S., Germany, U.K., France, Italy, Netherlands, China, India, Taiwan, and Korea

Cheng..

thanks..

btw, I was told, recently too many china man company set up in Malaysia, ems sector might facing hard time to compete with them..

D&O has to collaborate and cross license sharing with Nichia and Osram to be competitive, peace. These two are the big giants in automotive LEDs. Seoul Semiconductor is another big player. May need to pay royalties but better than being phased out eventually by patents enforcement.

Not sure, peace. its fine as long as you are following your own trade setups. Automotive LEDs market projected to grow at mid to high single digit CAGR. a 5% growth for D&O means a min of 265mil qtrly revenue needed from the baseline in fy25.

Cheng. thanks..

this news is interesting too..

Transition to Smart LEDs: Carmakers delayed legacy LED orders because the industry is aggressively pivoting toward next-gen Smart LEDs (adaptive headlights and programmable digital lighting). D&O Green Technologies is currently waiting for these new "design-win" programmes to fully ramp up to replace the delayed legacy orders.

Personally, I will not put much weight on news from D&O given how it has hit shareholders with the inventories impairment and keeping quiet about the outcome of the patents infringement case :) observe the results (revenue, expenses, inventories movement, reinstate plant 3 expansion, etc) will be safer if you are eyeing the fundamentals part. Follow your own trade setups if it is just trading the technical charts.