Business News Archive

Business News | May 14, 2016
Epistar to Partner with End Product Manufacturers with Increased Issues of 165M Shares
Epistar to Partner with End Product Manufacturers with Increased Issues of 165M Shares The board of Taiwanese LED chip manufacturer Epistar decided to invite strategic partners through Global Depository Receipts (GDR) or private equity (PE). Epistar locates at the upstream in the industry supply chain and the partnership with application clients secures the company’s oversea exit, said Epistar Spokesman RiderChang. In other words, the company intends to partner with the clients of their client through stake investment. Read more »
Business News | May 06, 2016
Lumileds and Arrow Electronics Sign Global Distribution Agreement
Lumileds and Arrow Electronics announced a strategic agreement for the global distribution of Lumileds comprehensive portfolio of application optimized LEDs including high power, mid power, low power, CoB, color and UV LEDs as well as the infinitely configurable Matrix Platform. The agreement aligns with both companies’ dedication to providing customers with responsive, accelerated service and reliable, high performance solutions. Read more »
News-Spot | Business News | Apr 28, 2016
Memorandum of Understanding between European Photonics Industry Consortium and LUX Photonics Consortium
Memorandum of Understanding between European Photonics Industry Consortium and LUX Photonics Consortium Prof. Tjin Swee Chuan, Chairman of the LUX Photonics Consortium in Singapore, and Carlos Lee, Director General of EPIC (European Photonics Industry Consortium) signed a collaboration agreement on April 22, 2016. The signature was witnessed by George Loh, Programmes Director at the National Research Foundation of Singapore’s Prime Minister’s Office. Read more »
News-Spot | Business News | Apr 22, 2016
Founders of RAYLASE Receive EPIC Phoenix Award 2016 that Recognizes Entrepreneurship in Photonics
Founders of RAYLASE Receive EPIC Phoenix Award 2016 that Recognizes Entrepreneurship in Photonics RAYLASE Group has its headquarters in Weßling, Germany and a subsidiary in China, located in Shenzhen. Both entities are doing production of components, submodules and software to deflect, modulate and control laser beams in a broad variety of applications e.g. marking, drilling, cutting, engraving and welding in growing and demanding markets worldwide. Read more »
News-Spot | Business News | Apr 12, 2016
LightingEurope Strongly Recommends not Applying Amendments on Tolerances Before the “Single Lighting Regulation” is in Place
LightingEurope Strongly Recommends not Applying Amendments on Tolerances Before the “Single Lighting Regulation” is in Place “Lighting Europe appreciates last week’s proposal from CoolProducts in relation to halogen lamps,” said Diederik de Stoppelaar, Secretary General of LightingEurope, “but believes that such an important change goes beyond halogen lamps and will have a significant effect on all lighting products. The impact of such a change is impossible to predict and prepare at such short notice before the vote of the Regulatory Committee.“ Read more »
Business News | Mar 23, 2016
Lumileds and BluGlass Cooperate for Developing Certain RPCVD Enhanced LEDs
Lumileds and BluGlass Cooperate for Developing Certain RPCVD Enhanced LEDs Australian technology innovator BluGlass Limited has today announced that it has entered into an exclusive collaboration agreement with Lumileds. Lumileds develops, manufactures and distributes LEDs and automotive lighting products. The two companies will work together to explore potential use of low temperature RPCVD for specific LED applications defined by the agreement. This agreement follows on from the initial collaboration of BluGlass and Lumileds. Read more »
Business News | Mar 21, 2016
Nichia Corporation and Future Lighting Solutions Announce Partnership
Nichia Corporation, the pioneer and the leader in LED technology and Future Lighting Solutions (FLS), the world-class leader and innovator in demand creation, marketing and distribution of solid-state lighting technologies, today announce a new distribution agreement covering the Americas and Europe*. Read more »
News-Spot | Project News | Business News | Mar 11, 2016
5000m2 LED Museum Opens in October 2016
5000m2 LED Museum Opens in October 2016 Responding to the call of national policy, Guangzhou Hongli Opto – Electronic Co., Ltd. has been committing to delivering innovation in LED (Light Emitting Diode) research and development in the past years, which has injected new blood and cultural element for the industry. Read more »
News-Spot | Business News | Jan 28, 2016
EPIC Activity Report 2015
EPIC Activity Report 2015 EPIC has seen another record year of very powerful growth in its membership which now counts more than 240 members across 28 countries. Yesterday, EPIC published their annual activity report for 2015. Read more »
Business News | Jan 15, 2016
Osram Names Lamps Business Branch LEDVANCE
Osram Names Lamps Business Branch LEDVANCE Osram, one of the world's leading lighting manufacturers, continues to make progress with the carve-out of its general lighting lamps business. After the supervisory board of Osram Licht AG approved the carve-out of the unit in June 2015, the name of the new company has now also been decided. “We have opted for a combination of the terms ‘LED’ and ‘advance’ and will call the newly established company LEDVANCE,” said Olaf Berlien, Chief Executive Officer of Osram Licht AG. “The name reflects the trend toward LED in the lighting market as well as the opportunities arising from this development – opportunities LEDVANCE will actively exploit.” Read more »
News-Spot | Business News | Jan 13, 2016
Intertek Expands Product Certification and Quality Assurance Services
Intertek, a leading provider of quality solutions to a range of industries worldwide, announces the expansion of its ETL Mark certification to include LED decorative lighting strings. This expansion gives manufacturers and retailers a product certification alternative that quickens a product’s time to market and creates efficiencies, with the widest scope of quality assurance services available from a single provider. Read more »
News-Spot | Business News | Nov 25, 2015
Regulatory Compliance Updates for the Lighting Industry
TÜV SÜD Product Service and Luger Research e.U. signed an agreement to provide the lighting sector with the latest Regulatory Compliance Updates through the LED professional media channels on a bimonthly basis. Luger Research e.U. owns the exclusive publishing rights for the European lighting market. Read more »
Business News | Nov 19, 2015
ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash
ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash PHOENIX, Ariz. – Nov. 18, 2015 – ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) and Fairchild Semiconductor International Inc. (Nasdaq: FCS) (“Fairchild”) today announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market with combined revenue of approximately $5 billion, diversified across multiple markets with a strategic focus on automotive, industrial and smartphone end markets.[1] Read more »
News-Spot | Business News | Nov 10, 2015
OLEDWorks Finalizes Acquisition of Key Parts of Philips’ OLED Light Source Components Business
ROCHESTER, N.Y.- Nov. 2, 2015: OLEDWorks LLC, the leading U.S. OLED light engine and panel manufacturing company, today announced that it has completed the acquisition of key OLED assets and relevant intellectual property from Royal Philips (NYSE: PHG; AEX: PHIA), the global leader in lighting. Manufacturing will continue in the existing facility in Aachen, Germany with the establishment of OLEDWorks GmbH. OLEDWorks announced this acquisition in April, 2015. Read more »
News-Spot | Business News | Nov 04, 2015
EPIC and ISA Cooperation - Carlos Lee Joins ISA's Council of Management
EPIC and ISA Cooperation - Carlos Lee Joins ISA's Council of Management “I am looking forward to Mr. Lee to make contribution to the ISA Council of Management as well as bring value to the ISA.” says Ms. Ling Wu, President of ISA and (International SSL Alliance) and Secretary General of CSA (China Solid State Lighting Alliance). Carlos Lee brings valuable experience from his personal semiconductor industry background, and feedback from the activities he organizes at EPIC for instance on lighting for automotive, lighting for horticulture, and many other application areas. Read more »
Business News | Sep 29, 2015
Lux-TSI Completes Full Accreditation: LM-79 Testing for Global Market Access
Lux-TSI Completes Full Accreditation: LM-79 Testing for Global Market Access With the growing demand for independent accredited photometric data, Lux TSI has completed its UKAS accreditation extension and is now providing full accredited photometric reports and files for LED lighting products to LM-79-08, CIE S025 and EN 13032-4. Our data is accepted by Lighting Facts, Energy Star and Design Lights Consortium (DLC). As a result, Lux-TSI is supporting Global Market Access for lighting manufacturers from its high-tech laboratory site in the UK. Read more »
News-Spot | Business News | Sep 17, 2015
Munich Re Insures LED Products that Have DEKRA LED Performance Approval
Munich Re’s Green Tech Solutions has developed specialized insurance solutions for the LED market, in which LED manufacturers as well as project developers can cover the financial risks resulting from guarantee conditions or technical problems. Munich Re and DEKRA expect that the willingness to invest in LED projects will increase as a result of this. Their collaboration goes further than just the insurance, with both companies exchanging knowledge about the quality of LED lighting and collaborating in developing new services for the LED market. Read more »
News-Spot | Business News | Aug 17, 2015
Luger Research and Messe Muenchen Announce Strategic Partnership
Luger Research and Messe Muenchen Announce Strategic Partnership Luger Research, publisher of LED professional and organizer of the LED professional Symposium +Expo (LpS), entered into a long-term partnership with Messe Muenchen, organizer of electronica, productronica and other international trade shows in the field of New Technologies. The strategic partnership is a long-term event and knowledge cooperation in the fields of Solid-State-Lighting, electronics and smart controls. Read more »
News-Spot | Business News | Jul 27, 2015
Investment Group Acquires Bridgelux and Bridgelux Spins Off Xenio for Smart Lighting
Bridgelux, a leading developer and manufacturer of solid state lighting (SSL) technologies, announced it has entered a definitive agreement to be acquired by an investment group led by the China Electronics Corporation (CEC), and ChongQing Linkong Development Investment Company. Established in 1989, CEC controls 61 second-level subsidiaries, including 13 listed holding companies. With over 70,000 employees, CEC is one of the largest IT companies in China. In conjunction with the sale of Bridgelux to the investment group led by CEC, Bridgelux also announced that the Board of Directors has approved a plan to spin off its Smart Lighting LED platform business under the name of Xenio Corporation. Read more »
News-Spot | Business News | Jul 07, 2015
Monolithic Power Systems Signs Digi-Key to Expand Globally
Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading company in high-performance power solutions, announced today that MPS has signed a distribution agreement with Digi-Key Electronics, a leading, global, full-service provider of electronic components, for the promotion and sale of MPS products worldwide. MPS' mission is to reduce total energy consumption in its customers' systems with green, practical, compact solutions. Read more »
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