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EPIC & CSA Sign Memorandum of Understanding for Closer Cooperation

EPIC (European Photonics Industry Consortium) and CSA (China Solid State Lighting Alliance) have signed a memorandum of understanding to further strengthen their existing collaboration. Additional emphasis will be placed on increasing public understanding of the science of Photonics, collaborate…

LED professional Editors

LED professional

EPIC (European Photonics Industry Consortium) and CSA (China Solid State Lighting Alliance) have signed a memorandum of understanding to further strengthen their existing collaboration. Additional emphasis will be placed on increasing public understanding of the science of Photonics, collaborate on information exchange, projects, events, and advisory mandates with an aim of bringing cooperation and, ultimately, the best new Lighting technologies and innovations to market.

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PLUTA provisional administrator seeks investor for LED specialist lichtline

PLUTA Rechtsanwalt Peter Roeger has been appointed provisional insolvency administrator for lichtline GmbH after the company filed for insolvency due to liquidity problems from declining sales. The business continues to operate with 27 employees whose wages are covered by insolvency pay for three months, and efforts are underway to secure advance financing. Roeger and colleague Maximilian Wanko are assessing options to continue operations and restructure, while preparing to seek an investor or buyer to take over and run the business long-term. Company management says it remains committed to finding a solution.

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DigiKey to invest $100M in PDC and order management expansion

DigiKey will invest $100 million over the next 18 months to expand its global Product Distribution Center (PDC) in Thief River Falls, Minnesota, and to upgrade its Order Management System (OMS). The capital will fund additional high-volume picking capacity, automated multi-line packaging systems, and improvements to order-fulfillment and packaging workflows to support the company’s same-day shipping model amid rapid growth. DigiKey expects to support continued double-digit growth after a year of exceptional performance and aims to build capacity ahead of demand by using scalable infrastructure and automation to maintain fast shipping for its global customer base.

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Gallant Capital Partners announces term loan commitments for Lumileds; Chuck Swoboda participates

Gallant Capital Partners announced that funds it manages have provided additional term loan commitments under one of Lumileds Holding B.V.’s existing senior secured term loan credit facilities to provide liquidity for operations and strategic initiatives. Gallant previously acquired a majority position in the Company’s senior secured term loan facilities on August 18, 2026. Chuck Swoboda has participated alongside Gallant. The commitments are intended to support product development, supply continuity, on-time delivery, and Lumileds’ multi-year product and technology roadmaps while Lumileds’ existing leadership continues to manage the business.

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Signify Austria realigns sales strategy, focuses on indirect partner sales

Signify Austria will stop direct sales of professional lighting and shift to a partner-based model, with ELEKTRON Austria taking responsibility for end-customer projects starting Jan 1, 2027.

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