2018-03-06

Chinese LED Makers Interested in Buying GE’s Remaining Lighting Units

Chinese lighting companies MLS Co. and Foshan Electrical and Lighting Co. are seeking financial supports for bidding GE’s asset, Reuters reported. The deal is potentially to amount at USD 1 billion, according to sources in the industry.
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2018-01-31

LEDinside: Global Industrial Lighting Market Scale Will Reach USD 5.687 Billion in 2022 

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Industrial Lighting and High / Low Bay Light Market Report, the global LED industrial lighting market increases significantly as the stability and price of LED products are approaching the traditional metal-halide lamp. Europe takes up the largest market share in 2018, followed by China and America. In view of shipments, Chinese market accounts for the greatest proportion, mainly because the products from Chinese market are in lower prices. The global industrial lighting market scale comes to USD 3.934 billion in 2018, and expected to reach USD 5.687 billion in 2022, with CAGR of 10% during 2018-2022.
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2018-01-18

Walmart Continues Energy Efficiency Plan with 1.5 Million GE LED Fixtures Now Installed

Walmart announced results of an extensive lighting program with Current, powered by GE at the National Retail Federation’s Big Show. As part of an ongoing commitment to energy efficiency, Walmart has now installed more than 1.5 million LED (light emitting diode) fixtures across more than 6,000 stores, parking lots, distribution centers and corporate offices in ten countries.
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2017-11-18

GE Continues Restructuring and Plans to Axe Lighting Business

Earlier in this week, General Electric dropped a bombshell while announcing its financial results and business outlooks for the next two years. The company cut its dividend in half and planned to strategically downsize its business by narrowing its focus on three key sectors.
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2017-06-27

Current, powered by GE Helps Sainsbury’s Become First U.K. Supermarket to Switch to 100% LED Lighting, Cutting Energy Consumption by 58%

Today Current, powered by GE announced it is partnering with Sainsbury’s to make it the first grocery retailer in the U.K. to power all its supermarkets entirely by LED lighting.
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2017-05-17

Cutting-Edge Lighting Solutions Market Indicating Steady Growth as Industry Opportunities Expand

The global custom and state-of-the-art lighting market is seeing a uptick in activity in the market as a result of latest advancements in lighting technology and applications. The market is witnessing rapid advancements as well as uses for lighting technologies, while the LED lighting technologies dominated the market in terms of revenue contribution in 2016. Lighting solutions and advancements in the market of note this week include: AV1 Group, Inc., Cree Inc., Koninklijke Philips N.V, Amazon.com, Inc., General Electric.
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2017-05-10

Current Reaches Digital Lighting Milestones with 200 Million Square Feet of Wireless Controls & 100 New Development Partners Joining its Intelligent Environments Portfolio

Current, powered by GE, today announced it has reached two significant milestones as it aims to lead the lighting industry’s transformation toward the digital age. Over the past year, the company has expanded its development partner ecosystem to more than 100 companies, and its Daintree wireless control networks are now installed across locations spanning 200 million square feet of space in commercial buildings, retail stores and industrial facilities. The installations are saving Current’s customers an estimated 240 million kilowatt hours (kWh) annually, or enough equivalent energy to power approximately 22,000 U.S. homes for a year. The digital networks also provide a gateway to future operational productivity benefits through the power of the Industrial Internet.
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2017-05-05

Let There Be a Voice for That Light: GE Illuminates Voice-Driven Experiences at Home

The industry's first Amazon Alexa-embedded lighting product - C by GE Sol - is adding to its convenience and fun as GE announces new features and opens a promotional wait-list window, giving early adopters first dibs on the product, plus an exclusive 20 percent discount. Sol combines functional illumination, a contemporary design, visual indicators for everyday tasks, sleep-based light and all the skills you'd find in an Amazon Alexa product without the need for a stand-alone Alexa-device.   
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2017-03-30

GM Cuts Energy Consumption and Costs with LED Upgrade from Current

Two historic U.S. “generals” are joining forces to combat energy inefficiency and wasted productivity across the globe. Over the last year, General Motors installed 45,000 efficient LED lighting fixtures with motion sensors from Current, GE’s digital energy startup. 
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2017-03-23

13 New Solar Projects from GE's Current Drive Clean Energy & Cost Savings for Businesses Across the Northeast

Businesses across the Northeast are using the power of the sun to reduce energy costs and improve their environmental impact. Solar solutions from Current, powered by GE, are now generating clean energy to fuel diverse industries like healthcare, manufacturing and municipalities. 
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2017-03-01

AT&T and Current Strike Historic Deal to Redefine Smart Cities for the Digital Age

AT&T and Current, powered by GE, have announced an exclusive agreement to connect cities across the United States and Mexico to the Internet of Things (IoT). Together, the companies will unlock a realm of possibilities to improve the way cities operate, communicate and meet the needs of citizens.
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2017-01-10

Goodbye Bitter 2016: Patent Disputes and New Alliances (Part 2)

Nichia announced Tuesday that it had won another LED patent infringement suit against Everlight in Dusseldorf Court in Germany, and filed another four patent suits against Chinese LCD TV manufacturer TCL Multimedia Technology Holdings, LED retailers Lowe’s Hone, and LED distributors L G Sourcing and Feit Electric. Feit Electric is the most recent plaintiff to be included in the Japanese LED manufacturers list of companies where it is seeking for injunctions that prohibit the sale and distribution of infringing products, but there has not been much changes in its patent suit strategy. The company is following a trajectory similar to 2016 in its patent suit approach. LEDinside also estimates Feit Electric might cave into arriving a settlement in a similar way that it did with Cree in 2016.
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2016-12-23

GE Acquires Concept Laser to Propel 3D Printing Technologies

GE, the world’s leading digital industrial company, executed on its agreement to acquire a 75% stake in Concept Laser of Germany. The agreement, announced in late October, allows for GE to take full ownership over the next several years.
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2016-09-23

GE New Red Phosphor Technology Unlocks Wide Color Gamut for LED-Backlit LCD Screens

GE has unlocked the wide color gamut potential for mobile phones, tablets, PCs and TVs with its RadiantRed™ Technology, delivering greater overall color and the truest red color possible in LED-backlit LCD displays. The technology offers manufacturers the ability to create the brightest, most colorful LED HD displays available for a wide range of devices, including the next generation of mobile devices and high dynamic range (HDR) TVs.
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2016-09-02

GE Lighting Exits Asian Market to Ensure Its Survival, LEDinside Reports

GE Lighting’s decision to leave the Asian lighting market has sent another shock wave within the global lighting industry. LEDinside, a division of TrendForce, pointed out that less than 10% of GE Lighting’s total lighting revenue comes from China. Other markets in Asia also make up a very small percentage. At the same time, pricing and brand competition in the region has intensified. By withdrawing from this region and reinforcing its presence in North America, GE Lighting has also shown that the industry’s thinking has shifted from expanding channel network and market share to maintaining profitability and one’s survival.
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2016-08-08

GE Donates More than Lighting at Olympic Games Rio 2016

GE Lighting has helped monitor athletes performance with LED biosensors at the 2016 Summer Olympics that took place from Aug. 5-21, 2016 in Rio de Janerio and its projects there invovles more than illuminating venues.
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2016-06-28

GE: Smart LEDs Are Lighting The Way To “Intelligent” Manufacturing

In manufacturing, a minute saved is money earned. Which is why building complex machines like gas turbines can be frustrating.
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2016-05-20

GE Makes Next Generation Interactive Lights Through Crowdsourcing Competition

How many inventors does it take to change the future of a lightbulb? GE Lighting partnered with the maker movement magazine Make: and the hardware-hacking communityHackster to find out. Their crowdsourcing competition, called Lights for Life Challenge, invited inventors to take LEDs in new and unexpected directions. There’s one condition, though: The solutions must include voice commands.
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2016-04-25

GE Posts 1Q Earnings, Revenue Hurt by Oil and Gas

GE released first-quarter results last week, with industrial operating plus verticals earnings reaching $0.21 per share, up 5 percent compared to last year. The company said it remained on track to earn between $1.45 and $1.55 per share and return $26 billion to shareholders in 2016.
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2016-04-25

GE's Current Acquires Daintree Networks to Expand Building Automation Platform

Today Current, powered by GE (NYSE: GE), announced the acquisition of Daintree Networks, an Industrial Internet provider of building controls solutions for commercial facilities. This acquisition will enable Current to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities through the deployment of Daintree’s open, standards-based wireless control systems.
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2016-03-21

GE Recalls In Total 35,000 High Intensity LED Lamps over Impact Hazard

This recall involves GE Lighting high intensity discharge (HID) LED lamps. The lamps are used in lighting fixtures for warehouses, schools and gymnasiums. The lamps are 5 1/2 inches in diameter by 11 1/2 inches long and weigh about 3 pounds. The lamps were sold in a blue and white carton with “ED37/EX39 base” on the front and “PC:21259” on the back above the bar code. 
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2016-03-10

GE’s Energy Startup Current Signs Strategic Smart City Partnership with Tianjin Government

Current, GE's innovative energy company, recently announced a strategic partnership with Tianjin government on its intelligent city development during the visit of Bill Ruh, GE Digital CEO, which will enable Intelligent infrastructure by integrating networked lightings with the industrial strength Predix platform.  
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2016-02-19

GE to Upgrade J.P. Morgan's 5,000 US Branches with LEDs

Current, powered by GE, announced a deal with JPMorgan Chase & Co. to install LED lighting across most of Chase's U.S. branches. Potentially spanning 25 million square feet across roughly 5,000 branches, the project is the world's largest single-order LED installation to date. Current estimates that, once completed, the project could reduce the branches' lighting-related energy use by more than 50 percent– equal to taking nearly 27,000 cars off the road.
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2016-02-02

GE Breakups with Old Love CFL in Favor of LEDs Ahead of Valentines Season

Two weeks ahead of Valentines, GE published a heartbreaking online letter ending its long term relationship with CFL, while announcing its new passion for LEDs.The creatively written marketing stunt was highlighting an important announcement that GE will discontinue the manufacturing of CFL bulbs in the U.S. market, and shift its focus in the consumer lighting towards LED bulbs by the end of 2016.
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2016-01-11

GE's Lighting Infrastructure Upgrade Will Save Big and Cut Greenhouse Gas Emissions for Santander

As the UK's biggest ever fully-funded LED lighting retrofit, the project will see 90,000 new lights installed across the bank's UK estate of 800 branches and 13 office buildings – slashing energy use in half and reducing carbon emissions by more than 7,000 tonnes each year.
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2015-12-18

Rethinking Lighting as a Service

As the lighting industry continues to make the transformation from commodity lamp supplier to strategic lighting partner, the old financial structures and purchasing patterns are no longer fit for purpose.
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2015-10-20

EV Connect to Team up with GE to Upgrade Charging Stations for Hilton

EV Connect , a leading provider of electric vehicle (EV) charging solutions and its innovative cloud-based management software, announced today a collaboration with Hilton Worldwide (NYSE: HLT) and Current, powered by GE (NYSE: GE), to provide Hilton properties with hospitality-focused total electric vehicle (EV) charging solutions. Hilton Worldwide has promoted to all 3,700 of its U.S. properties EV charging solutions comprised of GE’s WattStationTM and DuraStationTM charging stations and the EV Connect charging management application specifically developed for the hospitality industry and structured for the Hilton family of properties.
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2015-10-12

GE’s New Energy Business Changes the Power Game

GE announced recently the creation of Current, a startup that combines energy hardware with a digital backbone to make power simpler and more efficient for customers.
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2015-10-08

GE’s Metamorphizing Century Old Lighting Business

When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century old lighting business at the time. Instead of selling its lighting business, GE announced it would be spinning off its commercial LED lighting business, solar energy, and energy storage devices into a new startup company on Oct. 7, 2015. According to aBloomberg report, the new business is expected to increase annual sales to about US $5 billion from its current start of US $1 billion.
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2015-10-08

GE to Spin Off LED and Other New Energy Businesses Into Single Startup Company

GE announced Current, powered by GE, a first-of-its kind energy company that integrates GE’s LED, Solar, Energy Storage and Electric Vehicle businesses with its industrial strength Predix platform to identify and deliver the most cost effective, efficient energy solutions required by customers today and in the future. Maryrose Sylvester, who as President and CEO at GE Lighting has led the transformation of one of the company’s most iconic businesses, will lead the new enterprise. Current is backed by GE’s balance sheet and financing expertise, and committed to successfully advancing ecomagination-certified technology solutions, new business models and Predix solutions for the energy sector.
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Cree, Inc. (Nasdaq: CREE) announces an expansion of the XLamp® High Current LED Array family with new CMT LEDs that extend Cree’s latest metal-based chip-on-board (COB) LED technology to the most prevalent COB form ... READ MORE

Luminus Devices, Inc., a manufacturer of high-performance LEDs and solid-state light sources, has expanded its horticulture LED portfolio with new SST-20 series white LEDs to complement the extensive range of discrete wavelengths from UVA (365... READ MORE