2020-09-28

Boeing Announces Partnership with Healthe to Produce UV Wand for Airplane Interior Sanitization

Airplane manufacturer Boeing announced that it has entered into a patent and technology license with Healthe. Based on the collaboration, Healthe will produce an UV wand designed by Boeing to sanitize airplane interiors. "The UV wand is designed to be more effective than similar devices. It quickly disinfects surfaces on an airplane and further strengthens other layers of protection for passengers and crew," said Mike Delaney, who leads Boeing's CTI efforts. "Boeing spent six months transforming an idea for the wand into a working model, and Healthe ...
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2020-08-24

Vertical Farm Startup iFarm Raises $4 Million for Automated Indoor Farming

A Finland-based vertical farming company iFarm announced that it has raised US$ 4 million funding led by Gagarin Capital, who previously invested in the project. Other investors include Matrix Capital, Impulse VC, IMI.VC and more. With the funding, iFarm said it will deepen its automated indoor farming technology and extend cultivation experiments. (Image: iFarm) iFarm offers vertical farming solutions for growing greens, berries and vegetables. It aims to develop its iFarm Growtune tech platform that enables operations of multiple varieties of vertical farms ...
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2020-07-29

CES 2021 Cancels All Physical Activities and Goes Online

CES was one of the few events that had not been affected by the COVID-19 pandemic. But not anymore. CES 2021 will be held online without any physical activities according to the announcement of the Consumer Technology Association (CTA) revealed on July 28, 2020. CES 2021 will be a digital event with all the product launches, keynotes and conferences moving online. Considering the ongoing threat of COVID-19, CTA believes that “it is not possible to safely convene tens of thousands of people in Las Vegas in early January 2021 to meet and do business...
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2020-06-18

Osram Announces New Business Outlook for Fiscal 2020, See Recovery after Its FY3Q20

With the impacts of COVID-19 outbreak, several companies across the world including Osram had withdrawn their business outlook or guidance earlier this year. As for new, following reopens in many countries, Osram provided an updated business guidance for its fiscal year 2020, starting October 2019 and ending September 2020. Osram reported on June 17, 2020, that it is expecting an on-year revenue decline of -15 to -19%, comparing to its previous guidance of comparable revenue growth between -3% and +3%. The projected adjusted EBITDA margin went down from 9% to 11% to ...
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2020-05-28

Rising Lighting Applications You Can’t Miss in Post-pandemic Era

In 2020, people all around the globe are living in ways that we would never have thought because of COVID-19 pandemic. Majority of the world population has spent most of their time at home with lockdown policies and to avoid infection in the past few months. Even now that several areas have lifted up the restriction, people’s lifestyle is likely to change forever. Lighting applications, which highly related to our daily life, reflect the changes of people’s behaviors. LEDinside is thus seeing some rising trends in the lighting industry in response to the impact of ...
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2020-05-19

Apple Expands Micro LED Investment in Taiwan to Avoid Project Delay Led by COVID-19 Pandemic

Apple was reported last week that it has planned to invest US$334 million for the new facility in Taiwan, located in the Longtan section of Hsinchu Science Park. The new factory is believed to focus on Micro LED and Mini LED technologies which Apple aims to apply in its new products. Taiwanese companies Epistar and AUO as well as other companies of the Mini LED and Micro LED supplier chains are reportedly supporting Apple’s products adopting the next-gen display technologies. Apart from getting closer with its partners, another major reason for Ap...
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2020-05-08

Osram Reports Increased Cash Flow and Profit Margin

Osram announced its FY2Q20 financial results and said that it has achieved a good second quarter given the global challenges. The company registered a revenue of EUR 821 million (US$ 890.25 million), which dropped by 7.9% YoY. Despite that, the adjusted EBITDA increased by 36.8% YoY and adjusted EBITDA margin also improved by 3.6 p.p to 11.7%. Due to restructuring costs for the change in structural and personnel adjustments, Osram reported a loss of EUR 39.3 million (US$ 42.61 million). Osram CEO, Olaf Berlien, said that the company had reacted very...
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Tokushima, Japan – 17 June 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the addition of the Direct Mountable Chip Series (Part Number: NVSWE21A-V1) to the portfol... READ MORE

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of XLamp® Element G LEDs, delivering a new product class with unmatched light output and efficiency for LEDs of this size. The... READ MORE