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...

Sunovia Energy Technologies Inc. has completed a $20 million investment agreement with Taiwan-based Leader Electronics to start global production of Sunovia's LED lighting products. The agreement with Leader Electronics includes a direct $1 million capital investment into Sunovia at $0.08 per share. In turn, Sunovia granted Leader the exclusive license to manufacture and distribute the Aimed Optics product lines into China, Taiwan and other strategic markets within Asia. The agreement positions Leader Electronics as Sunovia's primary fixture manufactu...

LED phosphor supplier Intematix has intended to conduct a registered initial public offering (IPO) of its common stock. The IPO is expected to commence after the Securities and Exchange Commission (SEC) completes the review process initiated by Intematix’s confidential submission on July 13, 2012 of its draft registration statement, subject to market and other conditions. Phosphors help control LED luminous efficacy and color to bring the technology on a level with traditional lighting. Phosphors used in LED lighting applications will see a market incre...

According to Foxconn Technology Group’s press release published on July 13, the company started new business ventures in the connector, computer case, metal stamping, power management fields. The investment totals US$146 million (NT%1.049 billion). Foxconn also establishes a new company in Henan Province, China, which shows the company’s determination to make inroads into the LED industry. Foxconn’s proactive investments recently, which are almost as high as some of the component manufacturers’ capitals, can be seen as a preparation for the soon-to...

Nualight, dedicated in LED lighting for food retail, has come up with two new lighting solutions to revolutionise colour vibrancy in fresh food displays. The company has developed LED lighting colour technology Vivace to bring out the natural colours in food when it is on display in supermarkets. The company, based in Cork, Ireland, has been making headlines of late. Last September, for instance, it announced it had acquired Dutch LED lighting technology firm Lumoluce for nearly €11m. This past March, Nualight secured a US$100m opportunity with Hussman,...

Taiwan Hon Hai Group has injected US$35 million to set up an LED venture in mainland China at a cost of US$35 million. And it’s reported that polysilicon manufacturer GCL-Poly Energy Holdings Ltd. of mainland China is also a strategic partner in the investment. The new venture, headquartered in Nanyan, Henan Province, will seek partners in all of the mainland’s provinces to drum up LED streetlight business, pointed out by the group. GCL-Poly is listed on Hong Kong Stock Exchange, reporting net income of HK$4.2 billion (US$555 million ...

ElectroniCast Consultants announced the release of a new market review and forecast of light emitting diode (LED) light panel/lamp fixtures, which are used in TV broadcast, motion pictures production/studio lighting as well as and professional videographers, in the United States. LED lighting is well accepted by the broadcast TV and videography industry sectors and is progressing in the motion picture/film industry sector for lighting effects and set lighting, mainly because of its flexibility.  A single light source can generate a great variety of colors.  Addi...

Noribachi, a premier US based LED lighting engineering house, announces the addition of over 100 ultra bright LED light engines to the Design Lights Consortium’s (DLC) Qualified Products List (QPL) for solid-state lighting. An expansive listing on the DLC’s QPL, encompassing Noribachi’s LED light engines containing 18 to 144 LEDs, has already secured Noribachi a place in the top 4% of solid-state lighting manufacturers qualified by DLC. With the addition of more than 100 new products, specifically ultra bright solutions with 145 to...

Case Study describes Lighting Design project highlights of new Performing Arts Center. Tivoli, the original innovator of linear LED solutions, has announced the release of a new case study on the Kauffman Center for the Performing Arts in Kansas City, Missouri. The case study highlights the expansion of the Muriel Kauffman Theatre and touches on the subtle lighting accents of Tivoli products used throughout the venue from the hallway entry, to the main audi¬torium, to the great hall lounge and even the dressing rooms.   Safdie Architects and Lam P...

According to The Korea Herald, LG Display has beat Samsung to be selected by Korean government for developing 60-inch flexible OLED displays by 2017 as part of its Future Flagship Program. So far, the world's largest flexible OLED display measures just 7.4 inches, so the LG-led consortium has a great deal of research and development ahead to create significantly larger transparent and flexible OLED displays. Led by The Ministry of Knowledge Economy, the program seeks to bolster Korea's economy by creating 840,000 jobs and exports valued at $56 b...

Dialight has signed Dron & Dickson, who are recognised as leaders in the design, supply and maintenance of hazardous area electrical equipment, as authorised distributors effective immediately, to expand important LED lighting sales opportunities in oil and gas. With over 80 years experience in the supply of hazardous area products, Dron & Dickson now employs more than 200 people offshore and onshore and has a network of wholesales bases in Aberdeen, Hull, Lowestoft and Stirling. It has recently expanded its operation in the Middle East with the opening of an off...

SL Green Realty Corp., New York City's largest commercial property owner, has selected Seesmart Technologies’ LED lighting products to replace antiquated lightings throughout 21 commercial office properties, as part of one of the nation's largest LED lighting efficiency projects. There are more than 16,000 Seesmart LED lamps to replace antiquated lighting technologies, including incandescent, halogen and fluorescent lights, to provide exceptional efficiency that reduces energy use by more than 50 percent. This is combined with superior lamp life of more...

The io® Tile Gen II luminaires receive a Gold award in the Decorative Lighting category. Cooper Lighting, an industry leader committed to delivering innovative products and driving transformational technology in the lighting industry, has been honored with a Best of NeoCon® Gold award for its family of io® Tile Gen II LED luminaires. Earning top honors in the Decorative Lighting category of the 23rd Annual Best of NeoCon awards competition, these LED products add unique lighting colors to modern indoor spaces, offering architects and designers an...

As the global economic outlook remains stagnant, LED industry’s peak season performance may fall short of expectations. Thus, Taiwanese LED firms such as Epistar, Unity Opto, Lextar, and Genesis Photonics underwent setbacks in the stock market on July 16. Since July, despite the orders keeping pouring in, there is still a considerable amount of unused capacity in the Chinese LED industry. Research institutes and foreign capitals become conservative about the LED market outlook, which kicks off the second half of 2012 with uncertainty. Most listed LED com...

DOE has finished Series 16 of testing under the DOE Solid-State Lighting CALiPER program. The Report 16 analyzes the performance of a group of 13 LED products labeled as BR30 or R30 lamps. Results show substantial improvement versus earlier CALiPER testing of similar products, and performance comparable to recent data from LED Lighting Facts and ENERGY STAR. Many of the LED lamps tested could be effective replacements for conventional directional lamps in the right application. The report also indicates that it’s necessary to boar...

LT Lighting (Taiwan) Corp., has received a good feedback from overseas markets for its 200W LED high bay lights and 500W LED flood lights. According to the company’s directors, the company makes full use of its unique heat sink and optoelectronic integration technologies to work out these high-power LED lights particularly for use in special working environments. And its 200W LED high bay lights have been widely adopted by mining companies in Africa and Australia to replace 500W mercury-vapor lights, while the 500W LED flood lights, featuring high bright...

SafeSite® LED High Bay and Bulkhead are now KOSHA certified, opening an important new market in S Korea’s dynamic heavy industrial sector Dialight (LSE: DIA.L), announced that two of its class-leading LED hazardous location lighting products have achieved  S Korea’s KOSHA certification. The newly certified products are the SafeSite® High Bay and Bulkhead. Both fixture types are also certified to IECEx, ATEX, UL844 and most recently INMETRO hazardous location standards. The new certification paves the way...

Phoenix schoolhouses will be LEED certified and feature Acuity Brands Smart + Simple Solutions for School Lighting   As part of its initiative to promote and deliver high-performance school lighting, Acuity Brands, Inc (NYSE: AYI) continues its support of the Green Schoolhouse Series, which has broken ground on its second project in Phoenix.   The self-described “studio-themed” addition to the Orangewood School is a state-of-the-art schoolhouse, designed to achieve Platinum status under the US Green Building Council’s Lead...

AIXTRON SE announced that EpiGaN, a new customer and a start-up manufacturer of III-Nitrides epitaxial material in Hasselt, Belgium, has successfully commissioned two new MOCVD systems, able to operate either in multiple 6” or in 8” configuration. It will use the systems to commercialize 6-inch GaN-on-Silicon wafers for a range of power and RF electronics devices as well as to develop the next generation of 200 mm GaN-on-Silicon wafers. The reactors were installed and commissioned by AIXTRON Europe’s service support team at the co...

Albeo Technologies has enlarged its manufacturing space by 15,000 square feet and increased its staff by 30 percent.  Its facility at 2108 55th St. in Boulder, Colorado now spans 35,000 square feet and the company headcount has grown to 65.  The company's new employees include high level engineers, sales and marketing staff. CEO Jeff Bisberg said that,"Our growth and expansion is being driven by rapid customer adoption of our LED lighting products. We are excited to be supporting the local economy by providing quality jobs in a wide range of areas a...

Offers customers flexibility and a full choice of products for networked lighting systems, while helping to drive adoption of lighting controls Daintree Networks, Inc., and Philips today announced an agreement to develop advanced lighting controls products for commercial buildings through the use of open standards such as ZigBee®, helping customers to avoid vendor lock-in and ensure that their lighting systems are interoperable today and well into the future. Building owners and managers will have access to a full complement of ZigBee-based products, as well as best-of-breed...