Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the second quarter ended June 30, 2012. Veeco reports its results on a U.S. generally accepted accounting principles (“GAAP”) basis, and also provides results excluding certain items. Second Quarter 2012 Results John R. Peeler, Veeco’s Chairman and Chief Executive Officer, commented, “Veeco continues to deliver solid results in a soft market. Second quarter revenue was $137 million, and adjusted EBITA and non-GAAP earnings per share were $20 million and...

Universal Display has spent $105 million to buy FUJIFILM’s entire worldwide patent portfolio of more than 1,200 OLED patents and patent applications. Universal Display is expanding its business for OLED materials and the licensing of its patented OLED technologies through this acquisition. “This transaction will almost double Universal Display's patent portfolio,” noted Steven V. Abramson, president and CEO of Universal Display, who called the patent buy and the collaboration with Fujifilm a rare opportunity. In addition to the...

Taiwan Lustrous Technology has received Asia’s first Underwriters Laboratories-Certified Zhaga-compliant light engine certification. The company’s chairman, J.C. Liu, pointed out that Zhaga standards are very important to LED light engines and the company’s products conform to Zhaga Book3 standard, which regulates light engine’s mechanism and light uniformity. In addition, the company much stresses Zhaga compliance of its products and hopes to offer lighting-fixture manufacturers optimal solutions and services with Zhaga-complaint engines. U...

US firm Light Engine has scheduled to mass-produce LED products in the Philippines through local electronics manufacturer Cirtek Holdings Philippines Inc. Light Engine has corporate office in USA while its research and development as well as design center is based in Russia. As for Cirtek, it mainly provides turnkey solutions that include package design and development, wafer probing, wafer back grinding, assembly and packaging, final testing of semiconductor devices, and delivery and shipment to its customers. In addition to cooperate with Light Engine, Cirt...

Targeting at the opportunity that European Union legislation will ban the manufacture and import of all incandescent bulbs since September 1st 2012, Verbatim has unveiled a complete family of cost effective retrofit LED lamps for households. Verbatim's new consumer product line-up comprises 13 products including LED lamps to replace 25W to 60W Classic A bulbs, 15W to 25W Classic B candle lamps, 25W droplet bulbs and 20W spotlights for both MR16 GU5.3 and PAR16 fittings. Colour temperatures range from 2700K to 3000K and each model has a minimum colour re...

Luminus Devices has set up an office in Taoyuan County, Taiwan to cater for demands in the Asian market. The new officer is managed by Robin Hung, sales director for the Asia Region, and will provide sales support, customer service, field application engineering, and operational engineering to Luminus' key customers, suppliers and contract manufacturing partners in Asia. Hung and his staff will be responsible for managing Luminus' current relationships and future business opportunities in display, entertainment and specialty lighting vertical markets across Asia...

University of Magdeburg, Germany has placed an order for a PlasmaPro System100 ICP180 etch tool from UK-based Oxford Instruments plc. The university will utilize the system to run GaN on Si etch processes to facilitate its power semiconductor and HBLED research. GaN on Si offers a step change in technology for the HBLED and power semiconductor device markets. Through lower cost and larger diameter substrates the overall cost of devices can be dramatically reduced. Etching forms a vital part of the device manufacturing process and with the PlasmaPro100-...

Daniel Poneman, the Deputy Secretary of the US Department of Energy, travelled to Arkansas to showcase the State’s Advanced Energy sector. The Deputy Secretary singled out NextGen Illumination, Inc. , a pioneer in the field of LED poultry lighting for its work in the agricultural, industrial and commercial sectors. Next Gen Illumination has worked diligently to bring an LED poultry lighting programme to Arkansas through the Department of Energy and the Arkansas State Energy Office. Next Gen Illumination serves the agricultural industry wit...

Delta Electronics Foundation has led a donation of 150 LED lighting kits to community centers and an elementary school in Chiang Mai and centers in Chiang Rai, northern Thailand to help solve lighting problems there. The donation, a joint effort by Delta and Taida, has helped improve the learning environment for children and alleviate the problem of inadequate lighting in that part of the country. And according to Hsu Wei-min, vice president at Taida Electronics Co., a subsidiary of Delta Electronics Inc., a Taiwan-based power management system supplier , the donat...

LumaStream, Inc.announced today that Robert Kapusta, Jr. has been appointed as Chairman of the Board of Directors. Robert is an attorney at Fisher & Sauls, P.A. specializing in Mergers and Acquisitions, Tax and Estate Planning, and Business and Corporate Law, with extensive expertise in leading and growing emerging businesses in St. Petersburg. Among his many affiliations, Rob is serving as the Chairman of the St. Petersburg Downtown Partnership and Chairman of the Mahaffey Theater Foundation. Rob has a proven record as a driven executive and proact...

- 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 ...