2015-03-30

SFCE Secures Ownership Stake in Lattice Power

Shunfeng International Clean Energy Limited (SFCE) announced that it has signed an MOU with Lattice Power to acquire a 51% ownership stake in the company. SFCE's successful bid in Lattice Power is a milestone for the listed company as it transitions to become a global low carbon solutions provider. Lattice Power's gallium nitride (GaN) on silicon technology is exclusively patented worldwide, offering significant cost advantages compared to sapphire substrate technology LED. The partnership expands SFCE's portfolio and increases the profitability of the listed company.
Continue reading
2015-03-30

Digital Lumens Expands Product Team to Accelerate Expansion of Lighting and Energy Management Solutions

Digital Lumens announced strategic expansions to its team, with Kaynam Hedayat joining as Vice President of Product Management, and Jason Hanna as Director of Software Products. These new executives will help Digital Lumens expand its lighting and energy management solution portfolio, which brings the benefits of the Internet of Things (IoT) to commercial and industrial customers worldwide.
Continue reading
2015-03-25

Epistar Chairman: LED Backlight Market Demands Will Bounce Back in April

Backlight orders have eased this month, but will rebound in April, a UDN report cited Epistar Chairman B.J. Lee saying at Taiwan International Lighting Show (TILS) 2015.
Continue reading
2015-03-24

Korean LED Vendor Wells Lighting Creates 200 Jobs in U.S.

Georgia Governor Nathan Deal announced that Wells Lighting, a Korea-based light manufacturer, will locate its first North American headquarters in Millen, creating more than 200 jobs and investing $30 million into the project over the next two years.
Continue reading
2015-03-19

Sharp Rumored to Cut 6,000 Jobs

Beleaguered Sharp will be shedding 10% of its workforce, and inject 200 billion Japanese Yen (US $1.66 billion) in a global restructure plan, reported Reuters and several other Japanese media including Nikkei.
Continue reading
2015-03-19

HC Semitek Turns Around Losses in 2014

HC Semitek reported exponential revenue growth during 2014 fiscal year, reported Chinese-media Sina.
Continue reading
2015-03-19

Lunera Lighting Implements Industry Data Warehouse

Lunera® Lighting, a leader in lighting innovations accelerating the transformation to advanced LED technology, is pleased to announce it has selected Industry Data Exchange Association (IDEA) Industry Data Warehouse (IDW) as its electronic data synchronization platform. Electronic data transfer makes it easier for Lunera to quickly connect with its own salesforce and customers for more effective business-to-business e-commerce.
Continue reading
2015-03-18

Everlight and Edison Opto Deny Merge Rumor

Representatives from Everlight and Edison Opto have recently rebutted an earlier Digitimes report claiming the two companies were in acquisition talks.
Continue reading
2015-03-17

Another 519 Complaints Filed Against Foshan Lighting

In the ongoing Foshan Lighting deceptive financial lighting case, another 519 plaintiffs are now demanding compensation, reported Chinese media Sinai.
Continue reading
2015-03-17

Samsung To Focus on Silicon-based LED Chip Technology in 2015

Samsung Electronics will be scaling up investments in LED chip business this year, specifically in silicon substrate based LED technology, according to a Money DJ report.
Continue reading
2015-03-17

Yankon Group's Independent Director Resigns

A chair member of listed Chinese LED manufacturer Zhejiang Yankon Group (Yankon) has recently resigned, stated the company in a recent press release.
Continue reading
2015-03-17

Applied Ventures Broadens Portfolio With RayVio UV LED Investment

Applied Ventures, the venture capital arm of Applied Materials and a leading corporate venture firm, announced today that it has participated in a Series B financing round for RayVio Corporation, an advanced UV LED solutions company developing proprietary semiconductor-based technology for manufacturing solid state ultraviolet (SSUV) LED products and applications. RayVio's patented technology is intended to enable large-scale adoption of UV LEDs for the industrial, digital health and consumer sectors, with a variety of applications to benefit society.
Continue reading
2015-03-16

HC Semitek Estimates Heavy Losses in 1Q15

HC Semitek projected it will be incurring heavy losses from January 1 to March 31, according to a Chinese media Securities Time report.
Continue reading
2015-03-16

Chinese Manufacturer Lattice Power Contends for Philips Lumileds Ownership

Chinese startup Lattice Power has emerged as an unexpected bidder in the auction of Philips lighting component business, reported Reuters.
Continue reading
2015-03-16

Nitride Solutions Closes $3M in New Funding for AlN Substrates

Nitride Solutions a developer and manufacturer of advanced nitride substrates for LEDs, lasers, and power electronics—announced today that it has successfully closed US $3 million in new funding as Hansol Chemical, Greenpoint Global Mittelstand Fund, and Silicon Pastures Angel Investment Network joined the company’s investor group. Funds will be used to expand production of the company’s aluminum nitride substrate offerings, as well as to accelerate market introduction of its high-performance thermal management coatings.
Continue reading
2015-03-16

LED Source Partners Up with Philips and Ketra

LED Source, North America’s leading LED lighting solutions provider, has made a name for itself as an industry leader by providing products and solutions that represent the latest in LED technology. Celebrating a decade in business, the company Entrepreneur Magazine rated as one of the top new franchises on its 2015 New Franchise list is now leveraging multiple partnerships with leading lighting companies like Philips and Ketra to expand its contributions to commercial LED lighting.
Continue reading
2015-03-13

Sharp Transiting into Integrated Smart Power Solution Provider

According to a TrendForce photovoltaic analyst’s understanding, financially struggling Sharp might not be withdrawing from the solar business after all.
Continue reading
2015-03-12

Changing Lighting Market Urges Osram Licht to Direct Focus To Service and Maintenance Business

As the lighting industry transits from traditional light sources to LEDs, Osram Licht, the world’s second largest lighting company, has responded by shifting its focus on service and maintenance business to maintain steady revenue growth, according to a recent Bloomberg report.
Continue reading
2015-03-11

RayVio Closes $9.3 Million Series B to Enable Mass Adoption of UV LED Solutions

RayVio today announced that it has emerged from stealth mode and raised US $9.3 million in Series B funding, with new investors including Applied Ventures, Augment Ventures, New Ground Ventures and Tolero Ventures. Existing investors DCM Ventures and Capricorn Investment Group also contributed to the round. The capital will be used to accelerate RayVio's go-to-market strategy, grow its team, and enable mass adoption of UV LED solutions in the industrial, commercial and consumer sectors.
Continue reading
2015-03-11

Lighting Science Group Appoints Executive Vice President of Business Development

Gobal LED manufacturer Lighting Science Group Corporation announces the appointment today of Pete Rumsey as Executive Vice President of Business Development. Rumsey brings over two decades of proven commercial, marketing and operational experience to his new role. Reporting directly to Lighting Science CEO Ed Bednarcik, Pete will be working with the executive team to direct the company’s commercial business development ventures and bring Lighting Science’s innovative LED product assortment to the forefront of the global commercial market.
Continue reading
2015-03-10

Lextar Reports Sixth Consecutive Year of Growth

Lextar today announced its fourth quarter and fiscal year 2014 financial report.
Continue reading
2015-03-10

Epistar and Everlight Revenues Slide in February

Leading Taiwanese LED manufacturers Epistar and Everlight reported declining revenues in February 2015, according to a report from CNA.
Continue reading
2015-03-10

GaN Systems Inks Distribution Deal with Websolus in South Korea and China

GaN Systems, a leading developer of gallium nitride power switching semiconductors, has announced the signing of a distribution deal with Seoul-based global group Websolus. Listed on the Korea New Exchange (KONEX), with 13 Branch Offices in Korea, China, & Thailand, Websolus specialises in three major business sectors: IT Consulting & Systems Integration for Power Grid, Water & Energy systems solutions for Global Infrastructure, and Procurement & Distribution for Electronic Components. \
Continue reading
2015-03-06

Apple Watch to Help Sapphire Substrate Industry “Spring Forward”?

Apple has recently sent out e-mail invitations to reporters and others to attend it’s “Spring Forward” media event, which is scheduled to take place on March 9, 2015 Pacific Time, according to a caijing.com report.
Continue reading
2015-03-06

Universal Display Corporation Names Rosemarie B. Greco to Its Board of Directors

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials,announced today that Rosemarie B. Greco has been named to the Company's Board of Directors. Ms. Greco brings to Universal Display a wealth of experience in building and managing successful organizations, including demonstrated success in executive leadership, director-level governance, building high value partnerships, and advancing projects from vision to execution.
Continue reading
2015-03-05

BYD Lighting LED Revenue Soars in 2014

BYD Group’s lighting business saw considerable growth last year, despite the group’s reported revenue decline, according to a cnledw report.
Continue reading
2015-03-05

Terralux Raises US $11M for LED Retrofit Products

Terralux, Inc announces that EnerTech Capital, a leading energy technology venture capital firm, led an $11 million growth investment in the company. Joining EnerTech in this round are investors Generation Investment Management, Crawley Ventures, Emerald Technology Ventures, GC&H Investments, and Founder & CTO, Dr. Anthony Catalano.
Continue reading
2015-03-04

Sharp Restructure to Entail Mihara Plant Shutdown

Struggling Japanese electronic manufacturer Sharp will be shutting down its Mihara Electronic Component Plant, according to a latest Chinese-language Nikkei report.
Continue reading
2015-03-04

Osram to Scale Up Smart Lighting Investments in 2015

Olaf Berlien, Chief Executive Officer of Osram Licht AG, has taken the company’s Annual General Meeting (AGM) as an opportunity to announce the promotion of new technologies and innovations. “We will drive new technologies and innovations by using selective incentives and investments,” Berlien told shareholders on Thursday. “I have dedicated a further EUR 10 million from the Managing Board’s budget to fund projects like Lightify,” he said. Osram's Lightify system was recently launched on the market and enables wireless control of all the features light has to offer.
Continue reading
2015-03-04

TCP Stock Ratings Affected by Recent Litigation

Leading U.S. LED luminaire manufacturer TCP International’s (TCP) stock ratings have taken a blow following a complaint filed against the company and CEO by its general counsel Laura Hauser.
Continue reading
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