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. 
Continue reading

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), today announced its new XLamp® XE-B LEDs, extending the industry-leading XLamp Element family into an even smaller form factor to enable new levels of design flexibility and performa... READ MORE

Seoul Semiconductor Co., Ltd., a global opto-semiconductor technology company, announced today that its world's first High Voltage (HV) opto-semiconductor technology has entered mass production with four of the world's top automotive b... READ MORE