Business News Archive
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Sep 17, 2010
Energy Smart Industry Brings Outdoor LED Lighting
ESI or the Energy Smart Industry, which is known to come up with smart and energy efficient lighting solutions now launches special outdoor LED lighting. With the new lightings, people can look forward to get powerful lights for outdoors and can also get to save on their electricity bill. The outdoor lighting retrofitting program offered by the company comes along with a special 5 years all –inclusive protection plan.
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Sep 15, 2010
SDK Ups Blue LED Chip Production Capacity to 340 Mil. Units/Month
Showa Denko K.K. (SDK) has increased its production capacity of blue LED chips at its Chiba site to 340 million units per month, from 200 million units per month. After completion of expansion work in July, SDK made a trial run to secure product quality and stable operations. Commercial operation has already started.
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Sep 14, 2010
HEICO Lighting™ and Future Electronics Sign a Worldwide Distribution Agreement
HEICO Lighting™ and Future Electronics are pleased to announce that both companies have signed a worldwide distribution agreement for HEICO Lighting™ LED lighting solutions.
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Sep 09, 2010
Energy Smart Industry Announces LED Retrofit Program for Industrial Lighting
Energy Smart Industry or ESI, which has proven to be one of the leading providers of LED retrofitting, announces LED Retrofit Program for Industrial Lighting. With this new lighting solution the industries can look forward to a noticeable reduction in electricity bills and can enjoy the advantages that are offered by LED lightings. The company claims that it would be providing the industries with customized lighting solution that suits their individual requirement.
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Sep 09, 2010
FTC Sues Over Company’s False Claims for its Light Emitting Diode (LED) Bulbs
Agency charges Lights of America with misrepresenting the light output and life expectancy of its Light Emitting Diode (LED) bulbs. One LED bulb promoted as producing 90 lumens allegedly tested at 43 lumens, less than half the company claimed.
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Sep 06, 2010
China Expo Lighting 2010
China Expo uses advanced LED technology to light up the night and save up to 70% of the energy used by traditional lighting. A look at how it was done.
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Sep 06, 2010
Epistar expects 35% in 3Q10 gross margin
Although Taiwan-based LED chipmaker Epistar will adjust its shipment mix in the wake of a demand slowdown from the LED-backlit TV segment, the company's internal target for third-quarter 2010 gross margin remains at 35%, according to industry sources. Epistar pointed out that September revenues could be affected due to the adjustment but should at least reach the level of August and gain modestly from that of July. The company expects full utilization of blue LED capacity into September and about 75-85% for red LEDs. Epistar registered first-half revenues of NT$9.274 billion (US$290.767 million), gross margin of 37.75% and after-tax profit of 2.692 billion or NT$3.5 per share. The company pointed out that orders were in excess of capacity by 30-40% in the first half and expects demand and supply to be more balanced in in the fourth quarter.
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Aug 31, 2010
The Taiwan-based LED Manufacturer Lextar Electronics Is Busy Building New Facilitates and Expanding its MOCVD Growth Capabilities.
Lextar Electronics Corporation, a Taiwan-based manufacturer of LED chips, epiwafers and packages, as well as solid-state Lighting products, has reported strong quarterly results and is planning to install MOCVD systems that are capable of LED growth on 6-inch wafers.
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Aug 25, 2010
2050 Pathways Analysis - UK
Climate change affects the entire planet, and is by definition a global issue. The UK is taking world-leading action at home to address the problem, but ultimately we need global solutions. Energy is a global issue too. The UK imports an increasing amount of its energy, and, the supplies are to remain secure and priced competitively.
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Aug 04, 2010
Philips Lumileds Crosses 1 Billion LUXEON LED Benchmark
Philips Lumileds today announced that it shipped its billionth LUXEON power LED in the 2nd quarter of 2010. The company’s capacity and infrastructure investments over the last several years have enabled it to meet customer needs for high volumes of products, with the company delivering over 750 million LUXEON power LEDs in the past two years to automotive, illumination and consumer electronics customers.
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Jul 30, 2010
Cyberlux's EverOn to be sold by one of the world's largest retailers
RESEARCH TRIANGLE PARK, N.C., Cyberlux Corporation , a leading provider of LED lighting solutions, announced today that it has received the largest order in the company's history for the EverOn by one of the world's major retailers.
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Jul 30, 2010
Color Kinetics enables SC Johnson product
USA - Color Kinetics Incorporated an innovator of LED lighting systems and technologies, today announced the U.S. launch of SC Johnson's Glade PlugIns Scented Oil Light Show, enabled by a license to Color Kinetics' worldwide patent portfolio.
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Jul 30, 2010
DOE awards seven small business innovation research grants for SSL technology
The U.S. Department of Energy (DOE) has awarded seven Small Business Innovation Research (SBIR) grants targeting advances in solid-state lighting (SSL) technology. The SBIR program seeks to increase the participation of small businesses in federal R&D.
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Jul 30, 2010
Nanotech, solar and lighting researchers reveal technical innovations at SPIE Optics & Photonics Conference: Attendees will glimpse the future with content and connections that drive commercialization
BELLINGHAM, WA, the International Society for Optical Engineering today announced its lineup of future technology presentations available at the Optics & Photonics conference opening August 13 in San Diego.
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Jul 30, 2010
Permlight offers aggressive discounted pricing to hawaiian customers to conserve energy and reduce dependency on fossil fuel
HONOLULU, Permlight Products announced today that it is working with Hawaiian Electric Company and the State of Hawaii to encourage rapid adoption of LED lighting in hotels, business and residential applications to substantially reduce power consumption.
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Jul 30, 2010
OSRAM Opto Semiconductors focusing more on OLEDs: research into new light source for general illumination
OSRAM is intensifying its research and development work on organic light emitting diodes (OLEDs) with the aim of applying this technology also to general illumination.
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Jul 30, 2010
ORA announces annual Student Optical Design winners
Pasadena, CA-Optical Research Associates (ORA) has selected the winners of their annual Student Optical Design Competition, in which awards totaling $4,000 are granted.
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Jul 30, 2010
ColorBlast for Starlite
Starlite Productions recently enhanced its lighting rental department by taking delivery of Color Kinetics’ ColorBlast 12 fixtures. ColorBlast 12 is a stylish, compact wall-washing light that generates rich, uniform colors and color changing effects.
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Jul 30, 2010
Cree Reports Financial Results for Fourth Quarter and Fiscal Year 2006: Record Revenue of $423 Million for Year
DURHAM, NC, Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $106.7 million for its fiscal fourth quarter ended June 25, 2006. This represents a 9% increase over the revenue of $98.2 million reported for the year-ago period.
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Jul 30, 2010
LGE topped 2Q 2006 OLED shipments
LG Electronics (LGE) leaped to the top in worldwide OLED (organic light-emitting diode) shipments in the second quarter, after falling into the third place in the first quarter of 2006, according to research firm Displaybank.
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Jul 30, 2010
i-Vision takes on Mundocolor
LED and feature lighting specialists i-Vision announces the exclusive UK distributorship for Spanish manufacturers Mundocolor. Barcelona-based Mundocolour offers three different lines of lighting equipment, and i-Vision will be taking on the broad based ‘Technical’ range of LED fixtures for architectural and decorative illumination.
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Jul 30, 2010
Crystal IS raises $10.6m in second-round funding for AlN substrates
Crystal IS Inc of Green Island, NY, USA, which is commercializing native, single-crystal aluminum nitride substrates for high-power, high-temperature and optoelectronic devices, has completed a $10.6m second round of financing.
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Jul 30, 2010
GE invests $100 million to grow its LED lighting business
CLEVELAND, the General Electric Company (GE) through its Consumer & Industrial business and the Nichia Corporation ("Nichia") announced today a strategic alliance agreement to support GELcore, LLC, based in Cleveland, Ohio.
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Jul 30, 2010
OLED shipments up 15% in 2Q 2006, but revenues down 14%, says research firm
Worldwide OLED (Organic Light Emitting Diodes) shipments grew 15% on-year to 16.1 million units in the second quarter of 2006, but revenues experienced an annual decrease of 14%, according to research firm DisplaySearch.
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Jul 30, 2010
Philips to set up hight power LED production facility in Singapore
Amsterdam – Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today it will invest in the setting up of a high power LED production facility in Singapore. Initial production is expected to start in Q1 2007, ramping up to double Philips’ total power LED production capacity by the end of 2007.
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Jul 30, 2010
Avnet electronics marketing americas launches Avnet LightSpeed
Phoenix, Avnet Electronics Marketing Americas, the largest operating group of Avnet Inc. , announces the launch of the Avnet LightSpeed(TM) business unit.
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Jul 30, 2010
President of the Republic of Finland Tarja Halonen presents the Millennium Technology Prize to Professor Shuji Nakamura: ”Using LEDs for lighting could halve the amount of electricity consumed for this purpose.”
The 2006 Millennium Technology Prize was presented to Professor Shuji Nakamura in Helsinki for his invention of new sources of light. President of the Republic of Finland Tarja Halonen handed Professor Nakamura the prize of one million euros and ”Peak”, the prize trophy.
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Jul 30, 2010
Avago Technologies Awarded Optoelectronic Components Growth Excellence Award by Frost & Sullivan: Best Practices Award Recognizes Excellence in Implementing, Sustaining Growth through Unique Business Strategies
SAN JOSE, Calif., Avago Technologies, the world’s largest privately held semiconductor company, today announced it has been awarded the 2006 North American Optoelectronic Components Growth Excellence Award by Frost & Sullivan, a global consulting company.
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Jul 30, 2010
DOE SSL commercial product testing program
Solid-state lighting (SSL) technologies today are undergoing rapid change and improvements, and products arriving on the market exhibit a wide range of performance. Industry groups, standards setting organizations, and the U.S. Department of Energy (DOE) are moving quickly to develop needed standards and test procedures for SSL products. In the meantime, however, there is a need for reliable, unbiased product performance information to foster the developing market for high-performance SSL products.
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Jul 30, 2010
AIXTRON to participate in R&D project for introduction of OLEDs into the lighting market
Aachen, Germany, AIXTRON will participate in an R&D project with their Organic Vapor Phase Deposition (OVPD) technology platform in a consortium together with OSRAM, Philips, BASF and Applied Materials.
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