2019-08-15

Magna Opens New Manufacturing Facility for Accelerating Innovative Technologies including ADAS and Micro LED Lighting

Automotive component supplier Magna announced the opening of a new electronics manufacturing facility in Grand Blanc Township, Michigan, USA. The facility consolidates three nearby locations into a single site which occupies 21,367.7 square meters (230,000 square foot). (Image: Magna) With nearly US$ 50 million investment, Magna expects the new facility to accelerate large-scale deployment of future technologies such as advanced driver assistance systems (ADAS), advanced robotics and Micro LED lighting. Magna built partnership with Micro LED technology p...
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2018-09-03

Magna and Rohinni Form Joint Venture to Develop Micro LED Lighting Solutions for Automotive Applications

Canadian automotive components supplier Magna and Micro LED startup Rohinni have announced to form a joint venture for producing thin and flexible Micro LED lighting solutions for vehicles. 
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2018-08-09

Magna Lowers Its Production Forecast for Tariff

Canadian automotive components supplier Magna has reported its net income of the second quarter with a growth of 13% YoY to US$636 million. Despite the growth, the company has adjusted its outlook for 2018 in response to tariffs. 
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2018-07-03

Magna Buys Olsa and Expands Lighting Business

Canadian automotive components supplier, Magna, announced that the company has signed a deal to buy Olsa S.p.A, an Italian automotive lighting producer for approximately 230 million euros. The acquisition will extend Magna’s capability of producing lighting product from designing to manufacturing. 
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2018-04-28

BMW Selects LiDAR Sensors from Magna and Innoviz Technologies for 2021 Autonomous Vehicles Series Production

On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and Innoviz Technologies will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms.
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2017-06-14

Magna Lights the Way with Industry-First D-Optic LED Headlamps

To improve forward visibility for drivers and provide customized styling options for automakers, Magna introduces D-Optic™ LED headlamps. D-Optic lighting represents the next generation of LED headlamps and an auto-industry first by combining multiple high-power LEDs with precise, injection-molded lenses to achieve high performance with efficient energy use.
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Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE