Oct 26th 2012 - Edison Investment Research today published a report on quickview entitled "Light In The Darkness". In summary, the report says:
Aixtron’s dominant share of the MOCVD market is a double-edged sword. Currently the LED market is weak and the recovery slower than expected, necessitating a major write-down of inventory. Once LEDs are widely adopted for residential lighting, AIXTRON will be a major beneficiary. This shift in consumer behaviour is dependent on the availability of high-quality LED bulbs at acceptable price points. AIXTRON’s share price is very vulnerable to any delays in this market transition.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »