2017-04-27

LEDinside: Cree, San'an JV Will Impact Asian LED Supply Chain

U.S. LED maker Cree Inc. on Tuesday reported a fiscal third-quarter loss that missed expectations. Shares of Cree further plunged 11% on Wednesday. Cree also announced that it is forming a joint venture with San’an Optoelectronics Co., Ltd., China’s largest maker of LED epitaxial wafers and chips, to produce and deliver to market high-performing, mid-power lighting class LED packaged products. The news caused quite a stir in the LED industry.
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2017-04-26

AIXTRON Organizes Portfolio for Future Technologies with Individual Financing Concepts

AIXTRON SE (FSE: AIXA; OTC: AIXNY), a major provider of deposition equipment to the semiconductor industry, announced its financial results for the first quarter 2017.
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2017-04-26

Cree Announces Mid-Power LED Joint Venture with San’an Optoelectronics

Apart from reporting its third-quarter financial results, Cree, Inc. on Tuesday also announced that it is forming a joint venture with San’an Optoelectronics Co., Ltd. to produce and deliver to market high-performing, mid-power lighting class LED packaged products in an exclusive arrangement to serve the expanding markets of North and South America, Europe and Japan, and serve China and the rest of the world on a non-exclusive basis.
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2017-04-26

Cree Shares Fall 7% after Reporting 3Q Loss

Cree, Inc. on Tuesday announced financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade.
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2017-04-24

Ultratech Announces First Quarter 2017 Results

Ultratech, Inc. a supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), announced unaudited results for the three-month period ended April 1, 2017.
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2017-04-24

Philips Lighting 1Q17 Earnings Beat Expectations Thanks to Stellar LED Sales

Philips Lighting announced the company’s 2017 first quarter results on Friday, which showed improvement in comparable sales growth, continued increase in operational profitability and free cash flow.
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2017-02-06

German Government Approved Osram’s Lamps Unit Sale to Chinese Buyers

It is reported by Reuters on 30th of Jan that a spokesman of lighting manufacturer Osram announced the company has been approved by the German government to sell its Lamps unit to an association of Chinese bidders for 400 million euros (USD 425 million).
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2017-01-26

Nikkiso and FPCC's UVC LED Joint Venture in Taiwan to Scale up Production in 2018

Formosa Petrochemical Corporation (FPCC) announced Thursday about a new investment partnership with Japanese UV LED manufacturer Nikkiso to expand applications in medical devices, reported Taiwanese media UDN.
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2017-01-26

DOE Announces Awardees of First Phase of SBIR-STTR Grants for 2017

The U.S. Department of Energy Office of Science has awarded four Small Business Innovation Research (SBIR) and one Small Business Technology Transfer (STTR) grants for projects targeting critical advances in solid-state lighting (SSL) technology. The five Phase I Release 1 grants will explore the technical merit and commercial potential of different innovative concepts or technologies that are expected to contribute to the achievement of the price and performance goals described in DOE’s SSL R&D Plan. 
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2017-01-26

NEMA: LED A-Line Shipments Increased in 3Q16

LED A-line lamps continue to grow, accounting for 32.4% of the market in third quarter 2016, and posting a 124.2% increase in shipments compared to 3Q 2015. They posted a 65.1% quarter-over-quarter increase in the third quarter of 2016 compared to the previous quarter. Halogen, Incandescent, and CFLs all posted a quarter-to-quarter decrease, 7.5%, 17.2%, and 12.8% respectively. Incandescent lamp shipments showed a 5.6 % increase in 3Q 2016 compared to 3Q 2015 while halogen and CFLs posted an 11 percent and 53.9% decrease for the same time period.
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2017-01-26

Tridonic Expands into North America

Tridonic, a leading global provider of smart and efficient lighting solutions, is opening a new office in Highland, New York to serve the North American market with smart solutions also for IoT applications. 
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2017-01-26

Philips Lighting’s 2016 Annual Results Shows Steady Growth in LED Sales

Sales of EUR 7.12 billion (US $7.66 billion), with comparable sales of -2.4% (2015: -3.5%) Continued year-on-year improvement in operational profitability Adjusted EBITA of EUR 645 million (2015: EUR 547 million Adjusted EBITA margin improvement of 180 basis points to 9.1% (2015: 7.3%)  Net income of EUR 185 million (2015: EUR 240 million), including EUR 143 million charges not applicable in 2015 for brand license, separation costs and financial expenses  Free cash flow of EUR 418 million (2015: EUR 632 million) or 5.9% of sales
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2017-01-26

Philips Lighting Proposes Appointment of New Supervisory Board Members

Philips Lighting announced that its Supervisory Board will propose the appointment of two new members, Jill Lee and Gerard van de Aast. 
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2017-01-26

RVLT Completed Nearly US$25 M Worth of Small Business Projects in 2016

Revolution Lighting Technologies, a global provider of advanced LED lighting solutions, today announced that the small business portion of its New England based companies have completed approximately $25 million of business in 2016.  Through its divisions, Revolution Lighting worked closely with its small business customers to provide “turnkey” energy efficiency retrofit solutions, including the installation of LED technologies.
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2017-01-26

Foreverlamp Appoints New President and COO

Foreverlamp, a privately held company founded by Peter Shen, former president of Philips Lighting and Electronics Group, announced a new President and a slate of Executive officers. The changes are designed to allow the company’s leadership team to maximize time and attention to focus on seizing additional new growth opportunities and initiatives for LED lighting.  
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2017-01-11

Osram's Sale of Ledvance Anticipated to Receive Green Light from German Government by 2Q17

Osram is close to receiving approval from the German government to go ahead with the sales of its general lighting business LEDVANCE to a Chinese investment consortium headed by IDG Capital Partners (IDG), reported DrivingVisionNews.com.
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2017-01-11

Chinese City's LED Phosphor Export Value Plummets in 2016

Phosphor export values of Changshu, a city located in Jiangsu Province in China, reportedly tumbled 55% Year-on-Year in 2016, based on data compiled by local customs agency, reported Chinese-language media China News Service.
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2017-01-11

HC Semitek Resumes Trade

HC Semitek announced recently it sent an application to resume trade on the Shenzhen Stock Exchange (SSE) in China on Jan. 9, 2017.
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2017-01-11

South Delhi Rolls out World’s Largest LED Streetlight Replacement Project

India’s Power Minister Piyash Goyal announced the country implemented the largest streetlight replacement project in the in capital south Delhi, reported The Economic Times.
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2017-01-11

Osram CFO Quells Chinese Investor Acquisition Rumors

Osram CFO Ingo Bank doused rumors fueled in late 2016 about acquisition talks with Chinese investor Go Scale Capital during an interview with Bloomberg recently.
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2017-01-11

EarthTronics Appoints Lighting Veteran as New Sales Manager

EarthTronics, dedicated to developing innovative energy efficient lighting products that provide a positive economic and environmental impact for its customers, announced today the addition of Leroy Herring, Jr., who has extensive business and sales development experience in the lighting industry. Appointed Midwest Regional Sales Manager, Herring has helped large and small corporations navigate through tremendous business growth. As a result, Herring will be responsible for directing commercial sales through manufacturers rep agencies, electrical distribution, lighting showrooms, ESCOs, contractors and national accounts.
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2017-01-10

Nichia Files Four New Patent Infringement Suits against U.S. TV Makers and LED Distributors

On Dec. 27, 2016, Nichia Corporation ("Nichia") filed four patent infringement lawsuits in the United States District Court for the Eastern District of Texas. The defendants in the lawsuits are (1) TTE Technology, a US-based LCD TV distributor, and its parent company, TCL Multimedia Technology Holdings Limited, a Chinese manufacturer of LCD TVs; (2) VIZIO, a US-based LCD TV maker; (3) Lowe’s Home Center LLC (“Lowe’s”), a US-based retailer of LED lighting and other products, and Lowe’s affiliated U.S. distributor, L G Sourcing, Inc.; and (4) Feit Electric Company, Inc., a US-based LED lighting manufacturer and distributor. In these lawsuits, Nichia asserts that defendants have infringed Nichia’s U.S. Patent No. 9,490,411. Nichia seeks an injunction prohibiting the defendants’ sale and distribution of infringing products. Nichia also seeks damages for defendants’ infringement.
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2017-01-09

Goa in India Rolls out Large LED Streetlight Replacement Project

Western Indian state Goa has rolled out a large scale streetlight replacement project, and replaced existing compact fluorescent lights (CFL) and high pressure sodium vapor (HPSV) lamps with LED bulbs, reported Times of India.
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2017-01-09

New Mexico Completes First Phase of Las Cruces Streetlight Project

Las Cruces, a city located in New Mexico, U.S. has nearly completed replacing 2,700 streetlights before February, reported Las Cruces Sun-News.
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2017-01-06

Jasco Products and Energizer Announce Licensing Agreement at CES 2017

Jasco Products, leader in LED Lighting and Consumer Electronic Solutions, today with Energizer® Holdings, announced it has acquired the license to the Energizer brand to produce a range of LED consumer home lighting solutions in the U.S. and Canada. Energizer branded products will be showcased at the Jasco booth for the first time at CES 2017 (Booth #12000, Central Hall). This license agreement includes LED lighting fixtures including direct wire, battery operated, and plug-in solutions.
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2017-01-04

San’an Opto LED Chip Prices Pushed up by Rising Raw Material Costs

Chinese LED chip maker San’an Opto kicked off 2017 with a new round of product price hikes.
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2017-01-04

Future Lighting Solutions Now Offers Nichia New 3W LED Product Series

Nichia a leader in LED technology, has officially launched their new 319A high power LED product series. The 319A series is available through Nichia Sales Offices, Future Lighting Solutions (FLS), a world-class leader and innovator in the distribution and marketing of solid-state lighting technologies, and other partner distributors.
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2017-01-03

Nichia Files Patent Infringement Lawsuit against Takizumi

On Dec. 19, 2016, Nichia Corporation (“Nichia”) filed a patent infringement lawsuit with the Tokyo District Court against TAKIZUMI ELECTRIC INDUSTRIES CO., LTD. (“Takizumi”), a manufacturer and distributor of lighting fixtures, seeking an injunction and compensation for damages.
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2017-01-03

Reshuffle of Taiwan’s LED Industry Senior Management in Late 2016

Taiwanese LED industry underwent significant changes in senior management including in leading LED manufacturer Everlight, Optotech, and Unistar Opto, reported Chinese-language newspaper Commercial Times.
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2017-01-03

Indian City Hyderabad Plans for Switch to LED Streetlights before Ugadi

The Greater Hyderabad Municipal Corporation (GHMC) in India intends to roll out a massive streetlight replacement project ahead of the annual holiday Ugadi, which takes place on March 29 this year, reported The Hans India.
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Lumileds introduced three new products in its LUXEON SunPlus Series of award winning LEDs for horticulture lighting. The LUXEON SunPlus Series is the only line of LEDs on the market to be tested and binned by photosynthetic photon fl... READ MORE

Samsung Electronics today announced two new additions to its chip-scale package (CSP) line-up: LM101B, a 1W-class mid-power LED, and LH231B, a 5W-class high-power LED. Built with enhanced CSP technology, the new LED packages deliver industry-l... READ MORE