Business News Archive
Business News
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Jul 30, 2010
Philips light unit sees strong growth and profit
Philips Electronics said on Wednesday that its lighting business was on track to post annual sales growth of 6 percent to just over 5 billion euros ($6.34 billion), boosted by Asian demand and bright LEDs.
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Jul 30, 2010
Macroblock launches initial public offering in Taiwan
With the continuous efforts of all employees, Macroblock has become a leading LED driver IC company certified for its innovative technology, such as PrecisionDrive™, Share-I-O™, and S-PWM™.
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Jul 30, 2010
Leading european lighting manufacturer joins LEXEL consortium: Semperlux AG Signs Development and Supply Agreements for Lexel™
Vancouver, BC – TIR Systems Ltd. (TSX: TIR), announces that Semperlux AG of Berlin, Germany has signed strategic development and supply agreements, joining the growing consortium of light fixture manufacturing partners that are developing and marketing lighting products based on TIR’s award-winning Lexel technology.
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Jul 30, 2010
TIR Systems retains Montgomery & co. to explore strategic opportunities
Vancouver, BC – TIR Systems Ltd. (TSX: TIR), the developer of the first fully integrated Solid State Lighting (SSL) source for general lighting, the Lexel™, has retained Montgomery & Co. to assist TIR’s Board of Directors and management in evaluating a range of strategic opportunities to build and strengthen the company’s leading position in SSL and enhance shareholder value.
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Jul 30, 2010
LED industry at a critical crossroad, says iSuppli
LEDs have a bright future in lighting despite a dramatic slowdown in the growth of the market in 2005, according to iSuppli.
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Jul 30, 2010
Strategies unlimited predicts increasing role for advanced substrates for gallium nitride devices
Moutainview, California USA, over the past 10 years, the availability of high quality sapphire and silicon carbide substrates has enabled the rapid growth of the gallium nitride device (mainly high-brightness LED) market to over $3 billion.
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Jul 30, 2010
Nu Horizons Electronics Corp. and OSRAM Opto Semiconductors, Inc. announce north american partnership agreement for distribution of optical semiconductor component products
Melville, NY and San Jose, CA, Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology semiconductor, display and system solutions; and OSRAM Opto Semiconductors, Inc., one of the worldwide leaders in light-emitting diode (LED) technology; today announced a partnership agreement throughout the United States, Canada and Mexico effective October 1, 2006.
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Business News
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Jul 30, 2010
LED chipmaker Epistar to merge with UMC affiliates
After announcing a merger with United Epitaxy Company (UEC) last August and becoming the world`s largest AlGaInP (aluminum gallium indium phosphide) LED supplier, Epistar on September 28 announced it will acquire Epitech Technology and Highlink Technology, two LED affiliates of United Microelectronics Corporation (UMC).
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Jul 30, 2010
Opto Tech announces capital decrease on OLED losses
Vancouver, BC – TIR Systems Ltd. (TSX: TIR), the developer of the first fully integrated Solid State Lighting (SSL) source for general lighting, the Opto Tech, a Taiwan-based LED and OLED (organic light-emitting diode) specialist, announced recently that its shareholders have approved a plan to reduce its capital by around 19.7% to NT$1.53 billion (about US$46 million), to amend its losses and strengthen its financial structure, according to a company filing with the Taiwan Stock Exchange (TSE).
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Jul 30, 2010
Lamina Ceramics announces new president and CEO
WESTAMPTON, NJ, The Board of Directors at Lamina Ceramics today announced the appointment of Frank M. Shinneman as President and Chief Executive Officer. Mr. Shinneman brings 25 years of international management experience to the New Jersey-based developer of ultra bright LED light engines.
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Business News
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Jul 30, 2010
Cree announces live webcast and access information for first-quarter 2007 conference call
DURHAM, NC, Cree, Inc. (Nasdaq: CREE) invites you to a live webcast of its first quarter/fiscal year 2007 conference call with senior management to review results for the quarter ending September 24, 2006.
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Jul 30, 2010
AUO and CMO completing LED food chain
Both AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) are becoming more comprehensive in their LED supply-chain deployment, with both panel makers recently confirming investments in LED packaging firms.
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Business News
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Jul 30, 2010
Solid state lighting phosphor expert Intematix announces addition of LEDtech to strategic customer wins
Fremont, California, USA – Solid state lighting phosphor expert, Intematix Corporation, announced today that it has added LEDtech Electronics Corp of Taiwan to its growing list of strategic customer wins.
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Business News
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Jul 30, 2010
GETTING SSL TO MARKET : 2007 DOE Solid-State Lighting Program Planning Workshop
Rapid advances in solid-state lighting mean high efficiency products have begun to appear on the market. DOE's workshop this year (January 31- February 2, 2007 Phoenix, AZ) will target strategies to accelerate market introduction of these high-performance solid-state lighting (SSL) products.
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Jul 30, 2010
Cree reports financial results for the first quarter of fiscal 2007: Revenue of $104 million and diluted EPS of $0.17
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 $103.9 million for its fiscal first quarter ended September 24, 2006.
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Jul 30, 2010
Cree and Arrow Electronics sign distribution agreement to drive global adoption of high-power LEDs
DURHAM, NC, Cree, Inc. (Nasdaq: CREE), a leader in LED solid-state lighting components, announced today a global distribution agreement with Arrow Electronics, Inc. (NYSE: ARW) to sell and support Cree XLamp® products worldwide.
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Jul 30, 2010
Color Kinetics reports revenues for third quarter 2006: Third quarter revenues rise 21% year over year to $17.1 million
Boston, MA, Color Kinetics Incorporated (NASDAQ: CLRK), a leading innovator of LED lighting systems and technologies, today announced its results of operations for the third quarter of 2006. Revenues were $17.1 million, an increase of 21% from the $14.1 million reported in the third quarter of 2005.
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Jul 30, 2010
Jeffrey Cassis appointed as Color Kinetics senior vice president and chief operating officer
Color Kinetics Incorporated , a leading innovator of LED lighting systems and technologies, today named Jeffrey Cassis as Senior Vice President and COO.
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Jul 30, 2010
Lighting Science products offered in store by energy cost cutting retailer current energy
Dallas, Texas USA, Lighting Science Group Corporation today announced the availability of its products through Current Energy, the world’s first energy efficiency store (3103 Knox Street, Dallas, Tx. and www.currentenergy.com).
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Jul 30, 2010
Seoul Semiconductor appoints Mouser as its distributor Partner
Seoul Semiconductor (SSC) has entered into a distribution agreement with Mouser Electronics, Inc. for its broad line of LED products in North America.
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Jul 30, 2010
Compound semiconductor industry Mergers & Acquisitions draw Q3 2006 to a Close
Boston, MA, the Strategy Analytics GaAs and Compound Semiconductor Technologies (GaAs) Service, releasing its regular analysis of compound semiconductor industry news covering microelectronics, optoelectronics and materials/equipment markets, highlights a high number of joint ventures and mergers and acquisitions in Q3 2006.
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Jul 30, 2010
UTEK Corporation completes technology transfer with Cyberlux Corporation
UTEK Corporation, a specialty finance company focused on technology transfer, and Cyberlux Corporation , a provider of LED lighting solutions, today announced that Cyberlux has acquired SPE Technologies, Inc. a wholly owned subsidiary of UTEK Corporation in a restricted stock transaction.
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Jul 30, 2010
Arima Opto to nearly double LED chip capacity
Taiwan-based Arima Optoelectronics has decided to almost double its LED chip capacity in 2007, according to the Chinese-language Commercial Times.
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Jul 30, 2010
No need to cut blue LED chip prices after Epistar-Epitech merger
After Taiwan-based LED makers Epistar and Epitech merge, Epitech will no longer need to slash prices of its blue LED chips to compete against Epistar, according to executives from both companies as quoted by the Chinese-language Economic Daily News (EDN).
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Jul 30, 2010
Philips to acquire PLI, the leading European player in home luminaires
Business News
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Jul 30, 2010
Lamina Ceramics announces distribution agreement with arrow electronics
Business News
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Jul 30, 2010
OSRAM Opto Semiconductors opens a light shop on the Internet: ordering LEDs is as easy as clicking a mouse
Business News
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Jul 30, 2010
American Bright Optoelectronics Corporation announces the formation of new business unit to focus on company's established assembly services
Chino, Ca., American Bright Optoelectronics announced today the formation of a new business unit designed to leverage a wide range of existing assembly services and core competencies to provide a "best value" assembly option to the global electronics industry.
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Jul 30, 2010
High-power in a 1 mm square chip: the origins of the 350mA "one watt" LED
The term "one watt LED" is widely used in the industry, but the designation was not conceived through deliberate engineering decisions, as Steve Landau of Philips Lumileds explains.
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