2016-08-02
Hubbell Lighting, a leader in lighting innovation, announced that it has appointed PG enlighten as its new representative throughout Northern Illinois, to include Chicago, Rockford, Central Illinois and Northwest Indiana in U.S., effective Sept. 1, 2016.
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2016-08-01
About 167,000 streetlights in Porvorim, the capital of Goa state in India, will be replaced with LED bulbs in seven months, said the Power Minister Milind Naik at a State Legislative Assembly recently, reported Herald.
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2016-08-01
Samsung will be investing KRW 17 trillion (US $15 billion) in 3-D NAND flash memory chips and OLED panels, that are both key smartphone components to stay ahead of competition, reported The Korean Herald.
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2016-07-29
The acquisition of the year happened on Tuesday, when Osram stated top Chinese LED chip package manufacturer MLS along with two other investors absorbed its general lighting business, LEDVANCE. If you had been following LEDinside since last November, MLS General Manager Lawrence Lin had spoken on multiple occasions about ongoing talks, and that it was close to sealing the deal just a couple weeks ago. Osram authorized trademark usage and as part of the deal MLS will be buying white LED chips from the German lighting giant’s plant in Malaysia once the fab enters mass production phase.
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2016-07-29
With the domestic market approaching saturation, branded Chinese LCD TV vendors see overseas expansion as the only means to grow their market shares and raise their brand recognition. The latest example of this approach is the acquisition of the U.S.-based consumer electronics maker VIZIO by LeEco, a rising Internet brand in the Chinese LCD TV market. Reports of VIZIO being up for sale gained traction after Foxconn’s acquisition of Sharp, and the US $2 billion deal with LeEco was finally announced on July 27.
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2016-07-29
Uniroyal Global Engineered Products (or the “Company”) upgraded the lighting infrastructure to more energy efficient LED lighting in its North American manufacturing plant located in Stoughton, Wisconsin. The Stoughton plant manufactures Uniroyal Global’s Naugahyde®, automotive and custom/specialty vinyl-coated fabric products. Utilizing an incentive from Focus on Energy, Wisconsin’s statewide program for energy efficiency and renewable energy, the company implemented 575 LED light fixtures within the manufacturing plant’s production floor and warehouse.
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2016-07-29
Dow reported earnings per share of $2.61, or operating earnings per share of $0.95. This compares with Earnings per Share (EPS) of $0.97 in the year-ago period, or operating EPS of $0.91. Certain Items in the quarter primarily reflected a $2.20 per share gain related to the Dow Corning ownership restructure and a $0.27 per share charge for costs associated with the restructuring plan announced in the quarter. The tax rate was impacted by Certain Items. Excluding these, the tax rate was within the Company’s modeling guidance.
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2016-07-28
Authorities in the Haryana state located in Northern India have made LED bulbs mandatory for all central and state government offices, public sector agencies, institutions and establishments to use LED lamps, reported The Economic Times.
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2016-07-28
LG Display, the world’s leading innovator of display technologies, announced today that it will invest KRW1.99 trillion (US $1.78 million) in a new 6th generation (1,500mm x 1,850mm) flexible OLED display production line in Paju, South Korea, as part of its preemptive efforts to change and lead the approaching era of flexible OLED screens for mobile devices.
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2016-07-28
Future-forward LED firm Lighting Science today announced the recent appointment of veteran marketing executive Laura Calenda to the newly-created role of senior vice president of marketing. In this capacity, Calenda will partner with senior leadership to develop and implement national marketing strategy designed to expand its brand presence and educate consumers on its differentiated lighting solutions.
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2016-07-28
OSRAM agreed to security testing on existing LIGHTIFY products by Security researchers from RAPID7. Since being notified about the vulnerabilities identified by Rapid7, OSRAM has taken actions to analyze, validate and implement a risk-based remediation strategy, and the majority of vulnerabilities will be patched in the next version update, currently planned for release in August.
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2016-07-28
Hubbell Lighting, announced that it has opened a new regional distribution center in Dallas, Texas, in an effort to support an increase in market demand for its products. It will occupy a portion of CEVA Logistics’ 37,161 meters (400,000 square foot) facility in the Grapevine area of Dallas Fort-Worth.
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2016-07-27
Auckson Opto (the company), recently announced the reason behind its suspended trade on the Chinese bourse since July 20, 2016, according to a report from China Securities Journal.
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2016-07-27
In the third quarter of fiscal 2016, Osram continued to see healthy demand in its three strategic core businesses and additionally benefited from pull-forward effects related to the carve-out of the lamps business. On a comparable basis, i.e. adjusted for portfolio and currency effects, revenue in the three months ending June 30 rose eleven percent from a year earlier and reached EUR 1.44 billion (US $).
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2016-07-27
Heliospectra, a world leader in intelligent lighting technology for controlled environments horticulture, is pleased to announce that Green Leaf, a recently licensed cannabis cultivation facility in Alaska, selected the Heliospectra LED lighting system. Green Leaf owner-operator Aaron Bean chose the Heliospectra LED-based solution after determining that it is the only product in the marketplace with the power and versatility to support every stage of the cannabis growth cycle.
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2016-07-27
Viribright Lighting announced that is has received a US Patent (US 9,379,300) for the design of an LED chip welded in a flip-chip manner on a floating copper heat radiation support. The Viribright LED packaging design generates more lumens per watt with better control of heat dissipation than previous LED manufacturing methods.
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2016-07-27
Chinese consortium consisting of the strategic investor IDG, the Chinese lighting company MLS and the financial investor Yiwu acquire Osram’s business unit Lamps for more than €400 million
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2016-07-26
The first half of 2016 has flown by quickly, with the LED industry entering a mature phase and stabilizing growth rates, it is gradually losing its liveliness. Looking back to the first half of 2016, new terms emerged among the tide of acquisitions and price wars. The keywords can be summarized as five large niche lighting markets, four key markets, three competitive technologies, changes in two major products market positions, and one new technology term.
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2016-07-26
India’s Energy Efficiency Services Limited (EESL) issued a warning to consumers to be cautious about websites claiming to sell 9W LED bulbs for less than INR 1 (US $0.02), reported The Times of India.
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2016-07-26
Nanoco Group, a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, and Wah Hong Industrial Corporation (TPEx: 8240, "Wah Hong"), a leading Taiwanese manufacturer and supplier of optical films, jointly announce that they have signed a supply and licence agreement in the display sector.
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2016-07-26
Philips Lighting announced the appointment of Stéphane Rougeot as Chief Financial Officer, effective September 1, 2016. Rougeot succeeds Rene van Schooten Business Group Leader Lamps, who in addition to his current role held the position on an interim basis for nine months.
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2016-07-26
Today’s high-speed wired communication networks use lasers to carry information through optical fibers, but wireless networks are currently based on radiofrequencies or microwaves. In an advance that could one day make light-based wireless communications ubiquitous, researchers from Facebook Connectivity Lab have demonstrated a conceptually new approach for detecting optical communication signals traveling through the air.
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2016-07-26
Power management company Eaton announced a collaboration with NuLEDs™ a leader in Power-over-Ethernet (PoE) lighting systems, aimed at making buildings smarter and seamlessly securely connected. The two companies will go to market with a joint product offering including Eaton’s complete portfolio of PoE-enabled LED luminaires and NuLEDs’ drivers, software, sensors and keypads.
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2016-07-25
Philips reports Q2 sales of EUR 5.9 billion (US $6.49 billion) and comparable sales growth of 3%, a 9% improvement in Adjusted EBITA to EUR 544 million and net income of EUR 431 million
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2016-07-25
China’s LED industry produced 296.3 billion LEDs during first half of 2016, up 19.21% Year-on-Year, reported China Light Industry Internet (CLII).
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2016-07-25
Chinese LED manufacturer Honglitronic Optoelectronics announced it had rebranded itself as Honglizhihui Group, and is in the process of acquiring connected car technology assets.
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2016-07-25
After three long years, Opple Lighting’s Initial Public Offering (IPO) application was finally approved by China’s Securities Regulatory Committee (CSRC), and is closer to its goal of being listed on the Chinese bourse.
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2016-07-25
Lexington Luminance plaintiff filed against Google for using patent infringed LEDs in two Google Nexus phones has taken a new turn recently, reported The National Law Review.
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2016-07-25
Going net-zero carbon is the smart, inevitable choice for the companies of today and of the future – where “the business model fits as a solution glove to all the things that we need to address in the climate change challenge,” says Harry Verhaar, Head of Global Public & Government Affairs, Philips Lighting, in a Climate TV interview during the Business & Climate Summit convened in London last month by The Climate Group.
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2016-07-25
Royal Philips announced the results of the first published study to demonstrate that absolute oxygen saturation of arterial blood (SpO2), a vital sign that is commonly monitored in hospitalized and other patients, can be accurately measured across multiple patients using contactless technology.
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