- Second Quarter EPS a Record $1.17, Up 22% - Total Revenue up 7.4%, Core Revenue up 5.5% Cooper Industries plc (NYSE: CBE) today reported record second quarter earnings per share of $1.17, an increase of 22% compared to earnings per share of $.96 for the same period last year.  Total operating profit margin was 16.7% for the second quarter of 2012, an increase from 15.8% in the same period last year.  During the quarter, the Company recognized $10.7 million of expense relating to the previously announced Eaton Corporation (NYSE: ETN) transaction...

Chinese LED company Elec-Tech International Co., Ltd. has announced the release that its LED streetlight and LED T8 tube have passed TIS test from Thailand and received the authentication certificate (TIS certificate number: 1955-2511). The TIS test is similar to CQC /CCC authentication in China, and all the LED products exported to Thailand should obtain this certificate firstly.   Therefore, the TIS certificate will have a positive effect on Elec-Tech International‘s LED lighting sales in Thailand....

Panasonic in Japan has kicked off selling its new LED bulb "LDA6L/C" since July, 20. With the new bright glass chimney, “LDA6L/C” can emit its light to lamp socket. In addition, the bulb utilizes the center installation technology to produce the dazzling light. Other features as following, E26 base Output: 485lm Lifespan: 40000 hours Power: 6.7W Colour temperature: warm white Size of outer diameter: 60 mm × 117 mm   ...

Veeco Instruments Inc. announced that AZZURRO Semiconductors AG, a pioneer in GaN-on-Si technology headquartered in Germany, has recently placed into production the TurboDisc® K465i™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System. The MOCVD system is used to make gallium nitride on silicon (GaN-on-Si) wafers for power semiconductors, LED wafers and LED template wafers that enable customers to leverage the technology advantage of the GaN-on-Si technology themselves.   Dr. Markus Sickmö...

Germany-based GaN-on-Si wafers manufacturer Azzurro Semiconductors, has received Euro 2.6 million in government funds from the European Regional Development Fund and the Free State of Saxony. The funds will be used to drive Azzurro’s GaN on 200mm silicon wafer technology forward and strengthen its competitive position. “Based on the technology grant, we can execute the strategic development of our 200mm technology platform for power semiconductors and LEDs and quickly attend to the strong customer demand,” said Stephan Lutgen, Vice President Te...

Frustrated by the additional expense and difficulties with slower shipping, Seesmart Technologies (SEST) feels it is very important to have more control over the manufacturing process, as a result, it has intended to increase their production of LED lighting products in the United States. Combined with their desire to create jobs for US citizens, the company started building factories in Simi Valley, California, and Crystal Lake, Illinois. "When we do the numbers we're actually ahead manufacturing here instead of paying for air freight and dealing with the l...

-Will mass produce on a new line at Kaga Toshiba Electronics – Toshiba Corporation (TOKYO: 6502) today announced that it will start mass production of white light-emitting diode (LED) on a production line that the company will construct in the 200mm wafer facility at Kaga Toshiba Electronics Corporation, a production base for discrete products in northern Japan. Mass production will start from October 2012. The energy efficiency and long life of white LED is winning wide-scale application in general purpose lighting, TV backlighting, etc. and significa...

GE Lighting’s innovative LED solution was the right brew for Korea’s popular Hollys Coffee. The new ambient lighting at 18 Hollys Coffee branches across the country was sculptedwith GE’s Energy Smart LED PAR30light. This lightoffers superb quality for retail environments, complete with high energy efficiency and long life span. With the new lights, Hollys Coffee branches enjoylower energy consumption and maintenance costs whilst enhancing its customers’ experience. GE Lighting’s innovative energy-savingLED solution is the choic...

According to Korean media, the capital city Seoul has scheduled to install more LED lamps in public, and encourages the private sector to further expand the scope of installation. LED products will be installed in public places including subway stations and streets. And the city government offices are planned to use LED lightings by the year of 2018, aiming for energy saving and promoting the development on LED lighting industry. In addition, the government also extends this plan to the private sector by the year of 2030. It’s estimated that there are 800000 pie...

Recently, Zumtobel Group has set up a new Thorn factory incorporating research and development facilities for road and tunnel lighting in Tianjin, China, to strengthen its presence in the Asian market. The factory will replace a much smaller lighting factory and will include a production shop and an admininstrative block, as well as a laboratory and testing facilities. The entire plant takes up an area of 19,000 sq m and has been built with the support of the local development company TEDA (Tianjin Economic-Technological Development Area). In addition, Zumtobel ...

Tridonic has appointed Alfred Felder as its new CEO, to take the place of Walter Ziegler who left the company in January after a company shakeup prompted by the “technology shift to LEDs”. Felder is set to take office on November, 1. Felder has a comprehensive knowledge of the field of optosemiconductors and decades of management experience with prominent players in the electronics industry. Since 2003, he has filled various management roles in the areas of OLED and LED technology with Osram, where as senior vice president of sales he was lastly resp...

With its latest product, AIX G5+, AIXTRON SE has introduced a 5x200 mm GaN-on-Si (Gallium Nitride on Silicon) technology package for its AIX G5 Planetary Reactor platform. Following a customer-focused development program, this technology was designed and created in AIXTRON’s R&D laboratory and consists of specially designed reactor hardware and process capabilities. It is now available as a part of the AIX G5 product family and any existing G5 system can be upgraded to this latest version. Details of G5+ have already been disclosed to ...

PowerSecure International, Inc. has received $10 million of new awards for its Interactive Distributed Generation(R) (IDG(R)) smart grid power systems, utility infrastructure projects, and LED Area Lights. The new IDG System awards total $4 million, and include installations for manufacturing, pharmaceutical, hospital, and retail operations. The utility infrastructure awards are just over $5 million, and include transmission and distribution projects for oil and gas companies and military bases. The new LED Area Light awards are just under $1 million and inclu...

President Chain Store Corp, the operator of Taiwan’s largest convenience store chain, 7-Eleven, has planned to cooperate with Delta Electronics Inc to sell LED light bulbs to meet the increasing demand for energy-efficient lighting products. Previously, President Chain has partnered with Everlight to sell 8-watt LED bulbs under the Everlight brand, however, this time it would market co-branded 8-watt LED bulbs with Delta Electronics Inc. According to President Chain public relations official Irene Chuang, the new LED light bulbs would hit the sto...

The company named a winner in the Enterprise Data Management Strategies category by The Data Warehousing Institute Cooper Lighting, an industry leader committed to delivering innovative products and driving transformational technology in the lighting industry, has been named a 2012 Best Practices Awards Winner in the Enterprise Data Management Strategies category by The Data Warehousing Institute (TDWI), the premier provider of in-depth, high-quality education and training in business intelligence (BI) and data warehousing (DW). Cooper Lighting is being ho...

New Downlights Enable Rapid Payback, Exceptional Light Quality and Efficacy Over Fluorescent and Incandescent Lighting LED lighting leader Cree, Inc. (Nasdaq: CREE) introduces a new four-inch CR4™ LED downlight and a higher lumen output six-inch downlight. Relentless innovation has enabled Cree to attack cost barriers to LED adoption, while exceeding the industry’s highest standards for performance, color quality and ease of use. The new six-inch CR6™ downlight uses 87 percent less energy than comparable incandescent lighting and deli...

In order to improve the quality of LED lighting subsidies’ beneficiaries, China’s National Development and Reform Commission plans to restart the bidding for the SSL Lighting Product Subsidy. On July 25-26, the commission will accept withdraws from companies that have entered the bidding in February, which is good news for Taiwanese upstream and midstream LED firms. According to LEDinside survey, the new bidding forbids companies to jointly bid, which is good for large-scale companies and will help keep the bidding price and the quality close, and ther...

Chinese Ministry of Finance has restarted subsidies for LED industry. It’s reported that the total subsidy could reach 1 billion, and 30 to 50 bid winners can benefit from it. Early in February, China launched a program to subsidize the LED industry for products including indoor downlight LEDs, reflective self-ballasted lamps, outdoor LED streetlights, and tunnel lamps. However, due to the quotes prices from some companies were considered unreasonable, the program was halted. And in May, China launched new policy to promote energy-saving lighting and LED...

Universal Display Corp. has signed a three-year agreement with Plextronics Inc. to expand their development of next-generation solution-processible OLED material systems for displays and lighting applications. The OLED supplier invested $4 million in Plextronics to accelerate the development and commercialization of solution-based OLED material systems that incorporate Plextronics’ hole injection layer (HIL) and hole transport materials with its phosphorescent OLED emissive layer materials. “Plextronics has worked closely with Universal Display...

Dialight has secured a European order for 1,149 of its high lumen output DuroSite® LED High Bay lighting fixtures for a large distribution centre in Germany. The customer, a leading online retailer with more than 25 sites in Europe, selected the Dialight units for their superior energy efficiency and reliability. The project has a payback of less than one year, producing annual energy savings over €300,000, as well as additional maintenance cost savings. The facility which operates its lighting nearly 24 hours a day also highlighted the significant reduction of ...

Philips has released its second quarter and semi-annual results 2012. According to the company, its second-quarter comparable sales have reached to EUR 5.9 billion, increasing by 5%. Other results as following, •Growth led by 7% growth at Healthcare and 6% growth at Lighting • Sales in growth geographies up 11% on a comparable basis, now representing 35% of total revenue • Reported EBITA of EUR 450 million, or 7.6% of sales • Net income of EUR 167 million • Overhead-reduction plan on track; cumulative savings now EUR 176 million &bu...

Philips Electronics Korea, a subsidiary under Royal Philips Electronics, has announced to appoint Kim Il-gon as the new chief of its lighting branch.  He is set to take office on Sept. 1. The Korean subsidiary expressed confidence in its selection, and said that Kim’s proven track record in the LED industry will help contribute to the overall growth of the company, especially towards the development of new lighting technologies. According to company officials, the sector is expected to be a growth engine for the company for at least the next two years. Mean...

Last Friday, Power distribution company BSES Rajdhani Power Ltd (BRPL) has announced a scheme under which LED bulbs will be sold at R399 each against the market price of R700 to R800.  Therefore, LED bulbs will now be available to Delhiites at almost half the market price. Delhi Chief Minister Sheila Dikshit said that her government will grant some concession in value added tax to promote the use of LED bulbs. "The demand of power is going up by the day. It used to be 2,000 MW in the year 2000 and has risen to around 5,600 MW today. To ...

The Asia Pacific region is forecast to increase in value by a multiple of seven-times (7x) during the 2011 to 2018 timeframe… ElectroniCast Consultants, a leading market/technology consultancy, today announced the release of a new market research study of the global consumption of packaged light emitting diodes (LEDs) used in Medical and Biophotonic Devices.  The global consumption value of LEDs in selected medical and biophotonic devices in 2011 was $56.5 million.  The consumption value is forecast to increase at an average annual growth rate of 27.6 ...

Shenzhen LED company Civilight has announced to receive overseas orders of 1 million units LED bulbs and 0.5 million units spotlights on July. These orders mainly come from Europe, especially from UK and Germany. According to its marketing manager, the company centers on selling its halogen color series products. The new product can achieve the color temperature as low as 2400K, and the CRI is 90. Also it can emit the same light effect as the traditional halogen light. Therefore it can receive increasing demands from overseas market in spite of euro crisis.  ...

MOCVD orders are placed just to maintain capacity, not add, and high utilization rates are only at the top LED makers including Epistar, ForEpi, and Genesis Photonics , according to Maxim Group LLC. Based on analyzing MOCVD utilization and revenues at LED makers in Taiwan, Maxim pointed out that, the next uptick in MOCVD spending is likely to “fall far short” of the peak seen in 2010-2011. The analysts expect H2 2012 MOCVD orders at about 130 tools. Higher MOCVD utilization rates are not the norm across all LED makers, but r...

Taiwan Genesis Photonics has scheduled to pour US$35 million in 2012 in China to build Kunshan plant in southern China. The new plant is a joint venture between Genesis and the Kunshan municipal government. Construction began in September 2010 with a total investment of around US$200 million. Under the construction, the municipal government will provide 51% of the funds and Genesis 49%. And Genesis has invested US$35.88 million for the first phase. The plant is expected to be completed in the Q3. And it will procure 2-inch MOCVD equipment and expects to have...

Everlight has received downgrade from “twA-” to “twBBB+” estimated by Taiwan Ratings Corp, which reflecting concerns about the balance sheet of the country’s biggest LED chip packager over the next one to two years amid negative market conditions. Taiwan Ratings said in a statement that, “The downgrade reflects our view of the heightened industry risk in the global LED sector and our belief that Everlight’s profitability is unlikely to recover to the previous high over the next one to two years, due to prolonged oversupply from w...

Warminster has completed the installation of LED streetlight, which marks a milestone for a project that began in 2009 and continues to reduce energy and maintenance costs. "There's actually 102 LED lights in Warminster right now," said Walt Bloom, director of sales for JKB Services, which performed the installations. "That gives the township the most LED streetlights in Bucks County." With the help of Pete Carter and his team at the Warminster Public Works department, all of the streetlights on York Road, between Street and County...

Veeco recently has held its MOCVD User Meeting in Tainan, Taiwan. Representatives from most of Taiwan’s top LED manufacturers such as Epistar Corporation, FOREPI, Genesis Photonics Inc. (GPI), Huga Optotech Inc., Tekcore Co. Ltd., Epileds Co. Ltd., and Arima Optoelectronics Corp. attended. Invited speaker Charles Li, Ph.D., GPI’s Vice President of R&D, commented, “Veeco’s User Meeting was a great event. I appreciate the opportunity to collaborate with Veeco’s technology experts and interact with ot...