Business News Archive
Business News
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Jul 30, 2010
Showa Denko K.K. to increase ultra bright red/yellow LED capacity
Tokyo, Japan--Showa Denko K.K. (SDK) has decided to increase its capacity for producing aluminum-gallium-indium-phosphide (AlGaInP) ultra bright LED chips to meet growing demand for use in LCD backlighting and automotive parts.
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Business News
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Jul 30, 2010
Super Vision gains $9.0 million in funding for LED lighting plan
Super Vision has secured $9 million in funding to execute its new business strategy that includes a focus on LED lighting systems.
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Business News
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Jul 30, 2010
Changes to the managing board of OSRAM Opto Semiconductors: Josef Ringsgwandl appointed chief financial officer
Regensburg: On January 1, 2007 Josef Ringsgwandl (49) will take over as Chief Financial Officer (CFO) from Robert Wittgen (48) on the Managing Board of OSRAM Opto Semiconductors.
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Business News
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Jul 30, 2010
First LED competition recognizes eight manufacturers
Lighting for Tomorrow has selected four winners in its first solid state lighting (SSL) competition, marking a giant step forward for this up-and-coming technology.
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Business News
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Jul 30, 2010
LED manufacturer Edison Opto Corporation is opening a new plant in China
Edison Opto Corporation, a Taiwanese specialist high power LEDs manufacturer, that is being represented by distributor First Components in Europe, has established another production facility in Heng-Li, DongGuan in China.
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Business News
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Jul 30, 2010
Seoul Semiconductor and Avnet Electronics Marketing Sign Distribution Agreement
Seoul, Global LED leader Seoul Semiconductor has selected Avnet Electronics Marketing to distribute its entire line of LED and solid state illumination products in the Americas. The partnership makes energy-efficient lighting solutions and other LED applications more readily available to North American manufacturers though LightSpeed, Avnet’s new illumination-focused business unit.
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Jul 30, 2010
Kinglumi opens UK sales office
K&L (Kinglumi), China, a major producer of high specification LED light bulbs, has established a sales office in London, UK, to serve the UK lighting industry.
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Jul 30, 2010
SemiLEDs closed investment round with Powerchip Semiconductor Group
Milpitas, California and Hsinchu, Taiwan– SemiLEDs Corporation and PowerChip Group jointly announced today that SemiLEDs has secured an investment by Powerchip Semiconductor Corp., Taiwan's biggest DRAM Company.
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Jul 30, 2010
Philips announces 100% ownership of Lumileds
Amsterdam, The Netherlands – Royal Philips Electronics (NYSE:PHG, AEX:PHI) today announced it has obtained full ownership of Philips Lumileds Lighting, the world leader in highpower light emitting diodes (LEDs) and pioneer in LED technology for every day purposes.
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Business News
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Jul 30, 2010
Lighting Science Group commences shipment of LED lowbay fixtures to OptiLED holdings
Lighting Science Group Corporation, a leading provider of energy efficient and environmentally responsible lighting solutions, has commenced shipping its Optimized Digital Lighting(TM) (ODL) Lowbay LED fixtures to OptiLED Holdings Co. Ltd. (OptiLED(TM)), a leading marketer and distributor of LED products in the Asia Pacific Region.
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Jul 30, 2010
Cree, Inc. announces 2007 second quarter earnings call webcast
K&L (Kinglumi), China, a major producer of high specification LED light bulbs, has established a sales office in London, UK, to serve the UK lighting industry.
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Business News
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Jul 30, 2010
UTEK Corporation completes technology transfer with cyberlux corporation
Tampa, Florida USA, Durham, North Carolina USA, & Santa Barbara, California USA--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 Hybrid Lighting Technologies, Inc., a wholly owned subsidiary of UTEK Corporation in a restricted stock transaction.
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Business News
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Jul 30, 2010
OSRAM Opto Semiconductors choose RS to provide their online Light Shop in Europe and Asia
RS Components is pleased to announce that it has entered into a sales partnership agreement with OSRAM Opto Semiconductors GmbH, as part of the lighting semiconductor specialists’ new Internet Light Shop initiative.
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Business News
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Jul 30, 2010
Color Kinetics illuminates "store of the future" for national retail federation
New York, NY - National Retail Federation Convention & Expo - Color Kinetics Incorporated (NASDAQ: CLRK), a leading innovator of LED lighting systems and technologies, announced today the exclusive selection of its LED systems to bring dynamic, customizable effects to the X07 Store of the Future - an 11,000 square foot exhibit at the 96th annual National Retail Federation (NRF) Convention & Expo.
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Business News
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Jul 30, 2010
Lighting science group announces private label agreement with Philips Solid State
DALLAS–Lighting Science Group Corporation (LSG) (OTCBB: LSGP), a leading provider of energy-efficient and environmentally responsible LED lighting solutions announced today that it signed a private label agreement with Solid State Lighting, N.A., a business unit of Philips Lighting Company, a division of Philips Electronics North America Corporation, whereby Philips will private label the Company’s patented LED lowbay lighting products for global sales and distribution under Philips’ brand.
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Business News
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Jul 30, 2010
Arima Opto to aggressively expand LED chip capacity
Arima Optoelectronics plans to expand its LED chip capacity significantly in 2007 with a focus on AlGaInP (aluminum gallium indium phosphide) LED chips, ultra high-brightness (UHB) red/yellow MS LED chips and blue LED chips, according to company president PJ Wang.
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Business News
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Jul 30, 2010
Cree and World Peace Industrial Co., Ltd. (WPI) sign distribution agreement to drive adoption of power LEDs across Asia
DURHAM, NC, Cree, Inc. (Nasdaq: CREE), a leader in LED solid-state lighting components, announced today a distribution agreement with World Peace Industrial Co., Ltd. (WPI) to sell and support Cree XLamp® products in China, Asia Pacific and Japan. WPI is a member of WPG Holdings, a leading electronics distributor in Asia.
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Jul 30, 2010
Zumtobel Group steps up LED activities
Dornbirn/Austria - The Zumtobel Group is expanding its activities in the LED sector. Under the lead management of its subsidiary LEDON Lighting GmbH (LEDON), the Group has acquired the business activities of my-tronic GmbH, based in Morbach/Germany, and renamed the acquiring company My-tronic Ledon GmbH.
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Business News
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Jul 30, 2010
Forbes names Color Kinetics among 25 fastest growing tech companies for second consecutive year
Boston, Massachusetts USA-- Color Kinetics Incorporated, a leading innovator of LED lighting systems and technologies, today announced its inclusion among Forbes' annual list of the country's 25 fastest growing technology companies.
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Business News
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Jul 30, 2010
Avnet Electronics Marketing and CAO Group Ink Distribution Pact
Phoenix Arizona USA--LED innovator and design/integration firm CAO Group has selected Avnet Electronics Marketing to distribute its Dynasty family of high-brightness LED devices, as well as its entire line of solid state illumination products and system-level solutions.
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Jul 30, 2010
Lighting Re–Imagined: GE's newly named LED business pursues excellence in white LED general illumination market segment
CLEVELAND, OH — GE Consumer & Industrial's drive to innovate and lead the way to general illumination with white, light–emitting diode (LED) solutions–on a global scale in commercial, industrial and residential settings–kicks off with a symbolic and meaningful name change.
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Jul 30, 2010
Cree XLamp® XR-E LEDs chosen for LLF’s revolutionary new down light fixture
DURHAM, NC, FEBRUARY — Cree, Inc. (Nasdaq: CREE), a leader in LED lighting components, today announced that its award-winning XLamp XR-E LED has been chosen by LED Lighting Fixtures, Inc. (LLF) for its first product, a six-inch down light that produces 650 lumens at 10-12 watts.
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Jul 30, 2010
Color Kinetics reports financial results for fourth quarter and full year 2006
Boston, MA - Color Kinetics Incorporated (NASDAQ: CLRK), a leading innovator of intelligent LED lighting systems and technologies, today announced its results of operations for the fourth quarter of 2006.
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Jul 30, 2010
Power Integrations' PSU design kit enables LED lightbulbs that pass EMC rules
SAN JOSE, Calif., Power Integrations (Other OTC:POWI.PK), the leader in high-voltage analog integrated circuits for power conversion, today introduced a reference design kit (RDK-131) for ultra-small power supplies that helps designers deliver energy-efficient LED alternatives to power-hungry incandescent lights.
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Jul 30, 2010
College of Engineering at UCSB Launches New Solid State Lighting and Energy Center
Santa Barbara, California – The College of Engineering at UC Santa Barbara is formally launching the Solid State Lighting and Energy Center (SSLEC) March 1, 2007, directed by Shuji Nakamura, Cree Professor in Solid State Lighting and Displays, and Steven DenBaars, Mitsubishi Chemical Professor in Solid State Lighting and Displays.
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Jul 30, 2010
Super Vision International to become Nexxus Lighting, Inc.
ORLANDO, Fla., Super Vision International, Inc. (NASDAQ Capital Market: SUPVA, Class A Common) today announced that the company is being renamed Nexxus Lighting, Inc. effective April 2007, and is relocating its corporate headquarters to Charlotte, North Carolina.
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Jul 30, 2010
LSI Industries Inc. steps up commitment to Solid-State LED lighting
Cincinnati, Ohio-- LSI Industries Inc. today announced it has stepped up its commitment to designing, engineering, manufacturing, marketing, and selling solid-state LED products for the lighting and graphics markets.
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Business News
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Jul 30, 2010
Energy-saving lamps to replace incandescent light bulbs in developing and emerging countries
Munich, OSRAM is the world’s first lighting manufacturer to receive approval from the United Nations for a “Clean Development Mechanism” (CDM) for reducing CO2 emissions.
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Jul 30, 2010
PHILIPS ACQUIRES TIR SYSTEMS
Amsterdam, The Netherlands – Royal Philips Electronics (NYSE:PHG, AEX:PHI) today announced that it has reached an agreement with TIR Systems Ltd. under which Philips will acquire all of the outstanding shares of TIR Systems for a total consideration of approximately C$ 75 million, or approximately EUR 49 million, to be paid in cash upon completion.
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