Business: SemiLEDs develops, manufactures and sells LED chips and LED components that they believes are among the industry leading LED products on both a lumens per watt and cost per lumen basis. Their products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. The company sells blue, green and ultraviolet (UV) LED chips under their MvpLED brand, primarily to customers in China, Taiwan and other parts of Asia. They sells their LED chips to packaging customers or to distributors, who in turn sell to packagers. In addition, SemiLEDs packages a portion of their LED chips into LED components which they sell to distributors and end-customers in selected markets.