2015-06-23

Merck Invests EUR 30M in New OLED Production Plant in Germany

Merck, a leading company for innovative, top-quality high-tech products in healthcare, life science and performance materials, laid the cornerstone for a new OLED materials production plant in Darmstadt today. Production of high-purity OLED materials for use in state-of-the-art displays and lighting systems is scheduled to start in the approximately 2,000 square meter building in July 2016. With the investment, which amounts to around EUR 30 million (US$ 33.78 million), Merck is strengthening its position in the OLED business. Merck aims to be a leading supplier of OLED materials by 2018. The company wishes to make use of its experience in the liquid crystals business, where it is the global leader.
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2015-06-23

GaN Transistor Manufacturer Transphorm Receives US$70 M Investment Led by KKR

Transphorm, an early stage semiconductor company focused on redefining power conversion, today announced a US $70 million investment round led by global investment firm KKR. KKR’s investment follows initial rounds of funding led by funds affiliated with Kleiner Perkins Caufield and Byers, Foundation Capital, Google Ventures, Soros Quantum Strategic Partners, INCJ, Fujitsu, Transphorm will use this funding to support its growth, product innovation and expansion.
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2015-06-22

3D LED Company Aledia Receives Investments from IKEA GreenTech and Valeo

Aledia, a developer and manufacturer of next-generation 3D LEDs based on its Gallium-Nitride-on-Silicon platform, announced today the closing of its Series B financing round and the execution of development and supply contracts with major LED buyers. 
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2015-06-18

Osram Supervisory Board Approves Lamp Business Spin-off

Osram is making further progress regarding its realignment. In an extraordinary meeting, the supervisory board of OSRAM Licht AG approved the carve-out of the general lighting lamps business. As an independent entity, the business will be able to operate more freely on the market and realize strategic options, such as partnerships, more easily. Jes Munk Hansen, until now CEO of the Americas region, will lead the lamps business in the future. "Today's supervisory board decision lays the foundation for our strategic orientation toward growth, innovation and technology leadership," said Olaf Berlien, Chief Executive Officer of OSRAM Licht AG.
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2015-06-17

Pixelligent Closes US$3.4M in Funding

Pixelligent Technologies, producer of PixClear®, the leading producer of nanocrystal dispersions for demanding applications in LED lighting, OLED Lighting, and Optical Coatings and Films markets, announced today that it closed US $3.4 million in new funding. The funds will be used to support accelerating customer growth throughout the world and to increase its manufacturing capacity to 40+ tons per year starting in 2016.
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2015-06-16

Yaming Lighting Establishes Regional Headquarters in Dubai

Shanghai Yaming Lighting Co, a trusted brand and pioneer in lighting technology development based in China, today marked the official opening of its regional headquarters at Dubai Silicon Oasis, the integrated free zone technology park.
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2015-06-15

ETI Scales Up Flip Chip LED Investment with Private Placement

Elec-tech International (ETI) recently announced it would be issuing 378 million shares through a private placement to raise RMB 4.5 billion (US $720 million) for flip chip LED and package related investments, according to a report from National Business Daily (NBD).
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2015-06-15

Lumileds Aims to Expand Mid power LED Strategy with Go Scale Capital Investment

Lumileds CEO Pierre-Yves Lesaicherre and other high ranking company officers spoke to LEDinside recently about the company’s mid power LED strategy following the Go Scale Capital investment in the company at Guangzhou International Lighting Exhibition (GILE) 2015, which took place in Guangzhou, China from June 9-12, 2015.
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2015-06-15

Horticultural Lighting Industry Veterans Join Illumitex

Illumitex, announced the addition of Paul Hardej and Mathieu van de Sande to its team of horticulture lighting experts.
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2015-06-12

U.S. Manufacturer Global Tech LED Partners Up with Jabil Circuit to Enter Indian Market

Global Tech LED, fast-growing south Florida-headquartered creator and manufacturer of energy-, money- and labor-saving LED new construction and retrofit outdoor, indoor commercial lighting systems, announces substantial further market and product-production expansion beginning this year.
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2015-06-10

HC Semitek Applies for Extended Trade Suspension in China

HC Semitek announced it had been carrying out operations since halting trade on  China’s bourse, and has been discussing with investors and traders about its future direction. Investors and traders have requested for more detailed explanations about the terms and conditions, but the company has not confirmed the content of the discussions.
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2015-06-09

San’an Opto Suspends Trading on China’s Bourse

San’an Opto announced Tuesday it has suspended trading on China’s bourse, due to the uncertain outcome of partnership talks with China National Semiconductor Industry Investment Fund.
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2015-06-09

Unity Opto Declining Revenue in May Caused by Philips Pricing Strategy

Taiwanese LED manufacturer Unity Opto has seen its revenue in May 2015 slide 30%, due to Dutch lighting conglomerate Philips aggressive pricing strategies.
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2015-06-09

GPI Acquires Syndicated Loan of US$ 80M

Taiwanese LED manufacturer Genesis Photonics Inc. (GPI) has sealed a NT $2.55 billion (US $80 million) loan deal with a syndicate of local banks in Taiwan to repay loans and expand the company’s operation capital.
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2015-05-29

Zentel Electronics Signs Legacy Electronics as Their Authorized North American DRAM and LED Distributor

Legacy Electronics, a U.S. designer and manufacturer of high-density memory modules, circuit boards and solid-state drives (SSDs) has expanded their management team by selecting Mike Ridling to fill the new position director of business development. In addition, Legacy is broadening their portfolio of components and memory modules through a contract to be the authorized North American distributor of Zentel Electronics DRAM and LED products.
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2015-05-27

LED Controller Manufacturer Leviton Acquires Intense Lighting

Leviton today announced the acquisition of Intense Lighting, LLC, a leading solutions-based manufacturer of LED luminaires. Intense Lighting, based in Anaheim, Calif., enhances Leviton’s current product offerings with a wide variety of specification grade LED lighting solutions for the commercial, hospitality, supermarket, retail and residential markets.
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2015-05-25

Orion Energy Systems Reports Strong LED Growth in Latest Financial Report

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2015 fourth quarter and year ended March 31, 2015, highlighted by higher revenues driven by accelerating LED sales and gross margin expansion.
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2015-05-19

India Lifts LED Bulb Bid Restrictions, Chinese Suppliers Pass Review

After winning the elections last year, Indian Prime Minister Narendra Modi promised to invest in the country’s electricity, rail and other infrastructures to improve India’s economic performance, reported Chinese media Cali-Light.com.
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2015-05-19

Cree to Focus on Lighting Business by Spinning Off Power and RF Subsidiary

Cree announced that Cree’s wholly owned Power and RF subsidiary has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission for a potential initial public offering of the subsidiary’s Class A common stock.
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2015-05-18

Philips Raises LED Lamp Outsourcing Ratio in India

Philips is raising its LED lamp outsourcing ratio in LED lamps to 70% in the Indian market in the next six to eight months to meet local market demands, reported Indian media The Economic Times.
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2015-05-18

Florence County Government Partners with Pepco Energy to Reduce Energy Consumption

Pepco Energy Services, a subsidiary of Pepco Holdings and a leader in energy savings performance contracting, announced that it has commenced implementation of an Energy Savings Performance Contract (ESPC) with Florence County, South Carolina. Under the contract, Pepco Energy will install over $6.6 million of energy efficiency improvements at thirty Florence County facilities that are guaranteed to save more than $432,000 annually and $7.6 million over the term, while also addressing critical infrastructure needs.
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2015-05-15

Noribachi 1Q15 Revenue More than Doubles

Noribachi, a leading U.S.-based custom LED manufacturer for high output commercial and industrial lighting solutions, announced 117% quarter over quarter revenue growth (Q1 2014 vs. Q1 2015). This marked the 8th consecutive quarter over quarter revenue growth for the company.
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2015-05-14

Lextar Sells A Factory in Taiwan for NT $361 M

Lextar, a large LED manufacturing company under the AUO group, has sold one of its factory in Hsinchu County, Taiwan for NT $361 million (US $11.82 million) to Twoway Communications.
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2015-05-12

Edison Opto, Unity Opto and Ledlink Revenues Reach New Heights in April

Taiwanese LED lighting manufacturers revenues reached new heights last month, with Unity Opto, Edison Opto and Ledlink heading the trend, reported UDN.
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2015-05-12

Epistar and GPI 2Q15 Revenue Estimated to Increase 15%

LED manufacturers have announced their revenues for April lately, with Taiwanese LED chip and package manufacturers Epistar and Genesis Photonics Inc. (GPI) performance outshone other competitors, reported China Times.
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2015-05-08

Philips Annual General Meeting of Shareholders Approves Separation of Lighting Business

Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (AGM) has approved the separation of the Lighting business from Royal Philips. Following the vote in Amsterdam, Royal Philips will continue the process to set up two market-leading independent companies that will focus on the vast opportunities in health technology and lighting solutions.
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2015-05-08

Mobile Application Growth Helps Rubicon Technology Reduces Losses in 1Q15

Rubicon Technology, a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its first quarter ended March 31, 2015.
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2015-05-08

Universal Display Corporation Announces 1Q15 Financial Results

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, reported financial results for the first quarter ended March 31, 2015.
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2015-05-08

Pixelligent Technologies Receives $1M Phase-II OLED Lighting Award from DOE

Pixelligent Technologies announced that it has been selected for a Phase II Solid State Lighting award from the US Department of Energy to support the development of advanced light-extraction materials for OLED Lighting. Pixelligent has partnered with OLEDWorks for this grant, which follows work on a Phase I award from September 2014.
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2015-05-07

Ledman Opto’s LED Revenue from Sports Applications to Soar in 2015

Ledman Opto will be building on its LED package, display, lighting and energy saving service foundation to expand its operations in soccer and other sports applications, said the company’s Chairman Mantie Li at a 2014 financial result briefing.
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MaxLite provides the nostalgic look and warmth of Edison-style filament incandescent bulbs with the energy-saving benefits of LED technology in its new Filament Lamp Series.
Designed for retail, residential and hospitality appli... READ MORE

Plessey announced today that its dotLED range, designed specifically for wearable applications, has been expanded with a wider selection of colours, including red, green and blue. The extremely small LED die have a footprint of only 0.2mm x 0.... READ MORE