2019-04-15

Lighting Market Recession Continues While Suppliers Consolidate Market Shares Through Product Upgrading

The latest price report by LEDinside , a division of TrendForce , shows that mainstream high power LED package product prices continue to drop slowly while those of mid-power LED package products stabilized. LEDinside Analyst Terri Wang points out that despite a recovering market demand for backlight LEDs after the Lunar New Year, market demand for lighting and automotive LED packages still saw no improvements. Lighting LED package prices also dropped slightly in March. High power ceramic-substrate product prices dropped by 1%~3%, while mainstream supplier...
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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