SemiLEDs Corp (NASDAQ: LEDS)

SemiLEDs Corp develops manufactures and sells light emitting diode LED chips LED components modules and systems. The company's products serve general lighting and specialty industrial markets including ultraviolet curing of polymers medical and cosmetic light therapy counterfeit detection germicidal and viricidal devices horticultural lighting architectural and entertainment lighting.

SemiLEDs Corp generates revenue primarily from the sale of LED chips to packagers and distributors the sale of packaged LED components to distributors and end customers and the provision of lighting products and original design and manufacturing services. The company also earns income from contract manufacturing and from the development of specialized sensor products in partnership with third parties.

SemiLEDs Corp operates in a highly competitive LED industry where it faces larger established chip and packaging manufacturers as well as new entrants. The company differentiates itself through its patented vertical LED structure that incorporates a copper alloy base which improves thermal and electrical performance and enables high light extraction efficiency. Its competitive advantages include high efficacy low total cost of ownership unique wafer level package technology and a focus on niche markets such as UV curing medical therapy and horticultural lighting.

SemiLEDs Corp sells its products to distributors packagers original design manufacturers of lighting products and end users of lighting devices with a concentration of sales in India Japan the Netherlands and the United States.