Before the end of 1Q19, we learned that two more LED lighting operators are cutting off their LED lighting business. The US LED giant Cree announced the selling of its lighting business to Ideal Industries on March 15 and power company Eaton posted its plan to spin off the lighting business. Restructuring business focus to concentrate on higher margin operation has been a trend the LED industry. LEDinside pointed out that the price and profit of LED lighting products have dropped in the past years with increasing competitors joining the industry to share the...

OSRAM has recently introduced its new Parathom Classic LED lamp. With an average service life of 25,000 hours, the new product requires just 8 Watts to achieve the same light output as incandescent lamps, i.e. 80 percent less energy. All told, every lamp will save almost EUR 200 in electricity, as well as more than 400 kg of CO2 emissions, according to the company. The LED lamp will be commercially available as of August.