2017-02-14

LED Chip Makers Facing Price Pressure from Chinese Partners

Due to recent pollution crackdown by Chinese authorities, the steel industry in China has halt production and undergone consolidation, leading to a dramatic price surge in steel products. As a result, prices of LED chip and packages have also increased, further resulting in a price hike in LED end products.
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE