Company raises Additional $50 Million Series D Financing

Recently, Taiwan's LED makers, coordinated by the government-backed Industrial Technology Research Institute (ITRI), have set up a consortium comprising manufacturers of all related sectors.

A new national R&D project has recently been started in Germany focusing on the development of OLED displays and lighting applications. AIXTRON will participate in this 14.7 million Euro project together with ten other partners with the target to strengthen Germany’s leading position in the fast growing OLED market.

Albeo Technologies delivers record 2009 revenues with an exceptional increase in December shipments of over 250%. Albeo also tripled their manufacturing space into two buildings at their Sterling Circle location in Boulder and added new manufacturing jobs. C-Series LED high bay, T8LED troffer, and GarageLED fixture volume is driving expansion

LG Electronics (LG), a major player in the global flat panel display and AV markets, unveiled its plans to achieve the top global position in the TV market with a fundamental shift in the way viewers consume content, from simply watching TV to “using TV”.

Approximately 25% of the world’s Population lives life with no Electric Lighting Lunera™ Lighting, a Silicon Valley company that designs, manufactures, and markets next-generation digital LED lighting, is pleased to announce its partnership with One Million Lights. Lunera engineers are working closely with OML to design and distribute LED lights for its philanthropic program.

On January 8, Zhou Houjian, Chairman of Hisense Group, delivered a keynote speech titled "From Made in China to Created in China – Technologies in Emerging Markets" at the Consumer Electronics Show in Las Vegas. This is the first time a Chinese entrepreneur had been invited to deliver a keynote speech at CES since the show started 43 years ago. This prestigious invitation demonstrated that China's home appliance and consumer electronics enterprises, represented by Hisense, have become mainstream in the worldwide consumer electronics industry.  

Hi Score Corporation announced today that Euro Motorsports of Fort Lauderdale, a luxury and exotic car dealership that specializes in Lamborghini, Ferrari and Rolls Royce, is now saving 60% off of their lighting bill as a result of the Green LED Lights that were installed by Green LED Technology Inc., a wholly owned subsidiary of High Score Corporation.

Nan Ya Photonics Inc., will first reduce capital by 40% and then increase capital to NT$2 billion (US$62 million at US$1:NT$32) some time this quarter as part of its plan to enter into alliance with LED player Epistar Corp.

Panasonic Corporation of North America, an industry and technology leader in the HDTV arena, introduced LED-backlight models to its expanded 2010 line of VIERA® LCD HDTVs at the 2010 Consumer Electronics Show.

Fun Electronics, Inc., the exclusive licensee in North America for Emerson Radio Corp., for MP players, personal computers, portable TVs, and digital cameras/camcorders, announces the launch of two more product categories to their license agreement. Fun Electronics is proud to announce Residential LED Lighting to their Emerson product lineup. Fun Electronics will now start manufacturing Residential LED Lighting Systems under the Emerson Brand.

LED backlight was the limelight of the display industry in 2009, in addition to yielding positive results from its applications in NBs, LED backlight in TVs and monitors successfully gained foothold in the market for its slimness and energy-efficiency. In 2010, LED backlight products will continue to capture consumers’ attention, but the actual purchase depends on when its price will be more in line with the mainstream prices. With price reduction as the objective, the design of LED backlight module will improve and thereby optimize its cost structure. 

Lighting Facts Label is a part of the SSL Quality Advocates voluntary pledge program, to help consumers finding good LED lighting fixtures. It is also a program of U.S. Department of Energy (DOE).

DiCon LED announces the release of their tunable LED Microscope Illuminator, an energy-efficient replacement for traditional halogen or xenon illuminators with unprecedented programmability, for use in microscopy and machine vision applications. 

LG said it plans to give a push to its LED TV sales by launching more advanced versions of it in 2010 and expects to sell up to 300 thousand units by the end of 2010. Amitabh Tiwari, LG Electronics India Head of Sales, said "LED TV is one of the focused areas of the company. We will launch more advanced ones in the first half of 2010." He said the company expects the segment to contribute about 20 percent of its turnover by the end of 2010. At present, LED TVs account for less than four percent of its overall sales.

Samsung Electronics Co Ltd, the world's biggest TV brand by revenue, said it sold 2.6 million TVs using LED backlight units in 2009, outperforming its earlier target. The company also confirmed an LED-backlight TV sales target for this year of 10 million units.

Green LED Technology Inc., a wholly owned subsidiary of Hi Score Corporation announced today that it has been invited by the City of Coral Springs, Florida to bid on the supply and application of LED Street Lights. The project is aimed at replacing conventional 250 watt street lights with Green LED Technology's energy saving LED street lights, which only use 112 watts. This project is just part of the company's objective of converting 100,000 street lights within the next 24 months in Southern and Central Florida.

General LED, a subsidiary of Pal GroupPal GroupPAL Group of Companies, won two contracts in Abu Dhabi to provide a wide range of high quality LED lighting products. The first win is at the Yas Island - Yacht Club for the landscape and water feature lighting. The project was delivered in record time before the start of the F1 racing. The second project is Marina Square at Reem Island and involves the supply of landscape lighting products. The site operations on this project are due to commence in the 1st week of December.

Hi Score Corporation announced today that it has achieved a new milestone by extending its distribution agreement with Consolidated Electrical Distributors. The distribution was initiated in early 2009, providing Consolidated Electrical with the exclusive right to distribute the American Made Energy Saving Street Lights. The plan calls for CED Miami to distribute the line through all 660 of its sister locations throughout the continental United States.

Toyoda Gosei Co Ltd. and Sharp Corp have entered into a cross-licensing agreement, which granted each other the right to use inventions related to nitride-based LEDs and laser diodes covered by patents owned by the respective companies in Japan and in other countries.

Havells Sylvania set a revenue target of €50 million in 2010 Havells India Limited, a leading player in the Lighting & Fixture segment, electrical and power equipment sector in India is entering the LED Market.

Visual Photonics Epitaxy Co Ltd (VPEC), Taiwanese pure-play epiwafer foundry, is planning to ramp its capacity by 40-60% in 2010.

Genius Electronics Optical Co., Ltd. recently won a contract to supply over 1,000 LED streetlights to several local governments in southern China, marking its first success in tapping mainland China`s LED streetlight market after entering into alliance with Philips Lumileds.

The two highest entry barriers of the LED industry – in-house production capacity of LED chips and vertical integration – are critical factors in determining whether a company can successfully secure its leading position in the LED industry, said Ben Fan, chairman of Neo-Neon.

AU Optronics Corp, the world's No.3 liquid crystal display maker, said it is working on a tie-up with a local LED chip designer to ensure its strength in the fast-growing LED-lit LCD TV market. AU Optronics said it was working on concrete details with Global Mixed-mode Technology Inc.. AU said a tie-up could pave the way for it to strengthen its cost competitiveness if it could secure a new generation of power-saving LED chips from GMT.

Taiwan-based LED supplier Epistar Corp. and United Microelectronics Corp. (UMC) have formed an LED chip joint venture based in Mainland China.

Neo-Neon Holdings Ltd. is stepping up presences in mainland China, which is touted as the world`s biggest market for LED lighting, in hope of influencing the mainland`s drafting of industrial standards for the new lighting technology.

UPEC Electronics Corp., one of the leading LED packaging & application products manufacturer, is proud to announce that it received an award by ranked 60th among Deloitte Technology Fast 500 Asia Pacific. Being recognized as a leading company in scale and growth is the motive force to UEPC to make progress. (Credit: Upec)

As the United Nations Climate Change Conference – COP15 – continues into its second week, Philips is to show world leaders gathering in Copenhagen just how innovation in lighting technologies can help mayors and municipal leaders significantly improve energy efficiency in their cities.

Rubicon Technology, Inc., a leading provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, today released additional details related to the Company's two year capacity expansion plan which was outlined on its third quarter earnings conference call last month.