2022-08-11

Despite a Turbulent Market Environment, Continental Is Optimistic for the Second Half of the Year

Consolidated sales of €9.4 billion (Q2 2021: €8.4 billion, +13.0 percent) Adjusted EBIT of €411 million (Q2 2021: €512 million, -19.8 percent) Adjusted EBIT margin of 4.4 percent (Q2 2021: 6.2 percent) Operating result of -€165 million (Q2 2021: €473 million, -134.8 percent) Net income of -€251 million (Q2 2021: €545 million for continuing and discontinued operations) Adjusted free cash flow of -€687 million(Q2 2021: &eur...
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2022-08-09

Lumentum Announces Completion of NeoPhotonics Acquisition

SAN JOSE, Calif., Aug. 3, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum"), today announced that it has completed its previously announced acquisition of NeoPhotonics Corporation ("NeoPhotonics").   "I am excited to unite NeoPhotonics' differentiated products and technology and talented team with those of Lumentum," said Alan Lowe, Lumentum President and CEO. "This acquisition better positions us for attractive growth opportunities created by the digital tra...
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2022-08-09

Market Value of Micro LED Transparent AR Smart Glasses Chips Estimated at Approximately US$38.3 Million by 2026, Says TrendForce

Aug. 9, 2022 ---- According to TrendForce's latest research report "TrendForce 2022 Self-Emitting Micro LED Display Cost and Trend Analysis," Micro LED light engine performance beats Micro OLED in terms of brightness, contrast ratio, and responsiveness in transparent AR smart glasses microdisplays and is ideal for applications in outdoor environments. Since 2021, more than 10 branded manufacturers around the world have launched Micro LED transparent AR smart glasses concepts and related suppliers have improved Micro LED technology...
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2022-08-08

Nichia expands the portfolio of its NVSW219F Series, a 2W point light source

Tokushima, Japan – 5 August 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, is pleased to announce the addition of the NVSW219F-V2 with significantly improved characteristics to the point light source 2W-class NVSW219F Series portfolio.     The NVSW219F Series, a 2W point light source 3535 package, combines features such as excellent light quality, high reliability, and long life with an unparalleled rich variation of color temperatures ranging from 1800K to 6500K. Wi...
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2022-08-08

ams OSRAM Held Virtual Forum “Light Connects, Sensing Everything” to Take the Lead in Optical Sensing Industry

On July 27, ams OSRAM held an online forum titled “Light Connects, Sensing Everything” focusing on optical technologies. Featuring four themes, namely Mobile and Wearables, Automotive and Mobility, Industry and Medical, Illumination and Intelligence, the forum demonstrated abundant light-emitting and lighting-sensing products and technologies of ams OSRAM as a global leader in optical solutions. During the forum, 13 experts introduced ams OSRAM’s optical and sensing products in applications such as AR/VR, smart cabin, smart industry, ...
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2022-08-05

Signify’s new A-class LED tube: an innovative solution for rising energy prices

  Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has expanded its Ultra Efficient product lineup with its most energy-efficient LED tube to date. Thanks to its high efficacy, the Philips MASTER LEDtube UE can help customers tackle the global energy crisis, mounting pressure to lower carbon footprints, and stricter EU regulation.   Signify last year broke new ground with the launch of the Philips LED A-class bulb, which consumes 60% less energy than a standard Phil...
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2022-08-05

Seoul Viosys to Prove Powerful Short-Time Repellent Technology against Recent Outbreak of Love Bugs

ANSAN, South KoreaSeoul Viosys (KOSDAQ: 092190), a company specializing in optical semiconductors, announced that Violeds, a short-wavelength optical semiconductor technology, has an excellent effect in capturing the love bugs in a short time and powerfully eradicating them, which was proven in Seoul Viosys' capturing experiment. Love bugs have appeared on a large scale recently in Korea and are causing pain to people.   Violeds technology is an insect repellent technology that attracts mosquitoes and fruit flies using Ultra Violet (UV) LEDs. Seoul V...
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2022-08-04

ams OSRAM delivers solid results in demanding supply chain and more volatile market environment with second quarter revenues and operating profitability (adj.) fully in line with expectations

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange   Second quarter revenues of EUR 1.18 billion and adjusted EBIT margin of 8.8% fully match with expectation range Nearing completion of portfolio re-alignment with disposals of Digital Systems Europe/Asia and architectural lighting business announced and closing of disposal of automotive lighting systems business, on track to complete remaining planned disposal Robust customer engagement for future capabilities from 8” advanced LED and microLED manufacturing inve...
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2022-08-04

Kopin Reports Strong Results for Second Quarter 2022

Q2 2022 Total Revenues of $11.9 Million – a 20% Increase over Q2 last year Product Revenues Increase 30% Year over Year Driven by 87% Year Over Year increase in Defense Product Revenues Good progress on Micro OLED and LED Display Development Programs August 02, 2022 08:05 AM Eastern Daylight Time WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin® Corporation (Nasdaq: KOPN), a leading provider of high-resolution micro-displays and sub-systems for defense, enterprise and consumer augmented reality, virtual ...
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2022-08-04

Avicena Raises $25 Million in Series A to Fund Development of High Capacity microLED-based Optical Interconnects

Samsung Catalyst Fund, Cerberus Capital Management, L.P., and Clear Ventures as well as strategic investor Micron Ventures participate in Series A to fast-track Avicena’s revolutionary interconnect technology MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--AvicenaTech Corp., the leader in microLED-based chip-to-chip interconnects, today announced that the company has secured $25M in Series A funding from Samsung Catalyst Fund, Cerberus Capital Management, Clear Ventures, and Micron Ventures to drive the development of products bas...
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2022-08-04

Quanergy’s M-Series LiDAR Sensors Help Busy Chinese Port Reduce Accidents and False Alarms

LiDAR Solution Reduced False Alarms by Over 85%     SUNNYVALE, Calif. – Aug. 2, 2022 – Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that Nanjing Port (Group) Co., Ltd., has successfully deployed Quanergy’s M-Series LiDAR sensors. Quanergy’s partner, Nanjing Jiuao Technology Co., Ltd., developed the solution and managed the installation and integration.   Nanjing Port needed an effective detection an...
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2022-08-02

Kubota Glass™ Technology

Wearable Device for Myopia Control   Myopia, or nearsightedness, is a refractive vision disorder which causes blurred sight at a distance. It occurs when the length of the eye (known as axial length) is too great; myopia progresses as axial length increases with age, until the early 20s. Myopia currently affects 2.56 billion people worldwide and is projected to affect 3.4 billion people by 2030, if current trends remain unchanged(*1). Myopia increases the risk of developing sight-threatening diseases such as myopic maculopathy, retinal detachment, and glaucoma - making a mea...
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2022-08-02

AXT, Inc. Announces Second Quarter 2022 Financial Results

Year-Over-Year Revenue Growth of 22% in 1H22; Gross Margin Expands   FREMONT, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2022.   Management Qualitative Comments   “This is an exciting time in our business,” said Morris Young, chief executive officer. “Our strong execution on a number of fronts has set the ...
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2022-08-01

New rules to improve road safety and enable fully driverless vehicles in the EU

The new Vehicle General Safety Regulation starts applying today. It introduces a range of mandatory advanced driver assistant systems to improve road safety and establishes the legal framework for the approval of automated and fully driverless vehicles in the EU. The new safety measures will help to better protect passengers, pedestrians and cyclists across the EU, expectedly saving over 25,000 lives and avoid at least 140,000 serious injuries by 2038.   As the coming into force of the General Safety Regulation empowers the Commission to complete the legal ...
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2022-07-29

MRSI Systems, Mycronic Group announces a new collaboration to provide LiDAR solutions for the Automotive Industry

MRSI Systems is delighted to announce a new collaboration with Lumentum Operations LLC (“Lumentum“, NASDAQ: LITE), a leading global photonic chip and module supplier for the automotive LiDAR industry. This collaboration promises to generate innovative LiDAR solutions for the industry. LiDAR (light detection and ranging) technology is becoming the standard equipment in medium-end and high-end vehicles. In the next five years, the demand for automotive LiDAR in advanced driver assistance systems (ADAS) applications will grow at a compou...
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2022-07-29

Anycubic and JBD jointly developed the first consumer-grade MicroLED 3D printer

Shenzhen and Shanghai, China, July 26th, 2022 - Anycubic, a well-known consumer 3D printer brand and JBD, a leading manufacturer of MicroLED displays, announced their collaboration to develop the world's first consumer portable MicroLED 3D printer. It is the first collaboration between the two companies to explore the application and innovation of 3D printing technology.  The MicroLED 3D printer will be equipped with JBD's UV MicroLED Display and the latest adjustable 0.3CC light engine from JBD. The Micro 3D printer comes with a ...
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2022-07-28

Samsung Electronics Announces Second Quarter 2022 Results

Record second-quarter revenue of KRW 77.2 trillion, operating profit at KRW 14.1 trillion In second half, DS Division to focus on expanding advanced nodes and new applications and DX Division to reinforce premium leadership amid macroeconomic uncertainties Samsung Electronics today reported financial results for the second quarter ended June 30, 2022.   The Company posted consolidated revenue of KRW 77.2 trillion, a record for the second-quarter, and operating profit of KRW 14.1 trillion, a 12% increase from a year earlier. The DS (Device Solutions...
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2022-07-28

AIXTRON: Strong order momentum – continuing growth path

Highest order intake since 2011 / First volume production order for Micro LED / SiC and GaN Power electronics as biggest demand drivers / revenue and profit significantly improved / Growth guidance for 2022 confirmed   Herzogenrath, Germany, July 28, 2022 - AIXTRON SE (FSE: AIXA, ISIN DE000A0WMPJ6), a leading provider of deposition equipment to the semiconductor industry, recorded its highest quarterly order intake since 2011 in the second quarter of 2022. The order intake was driven by broad based demand from nearly all addressed end ...
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2022-07-27

Leading Asian AR startup Rokid Expands into the North American Market

Popular AR Glasses Rokid Air takes a slice out of the North American Market (Photo: Business Wire) July 22, 2022 09:00 AM Eastern Daylight Time HANGZHOU, China--(BUSINESS WIRE)--Leading AR company Rokid has taken advantage of Amazon Prime Day deals to sell its consumer-grade AR glasses, the Rokid Air resulting in a push into the North American market. With the Prime Day event over, Rokid is aiming to promote their Rokid Air to a wider range of consumers. The Rokid Air are the first pair of consumer-grade AR devices lau...
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2022-07-27

Lowe’s now offers UV-C LED disinfection systems, Developed by AquiSense Technologies

  The two distinct ultraviolet (UV) LED water disinfection products, PearlAqua Deca™ and PearlAqua AutoMate™ are now available online at lowes.com for point-of-entry and point-of-use applications.   AquiSense Technologies, the world leader in ultraviolet (UV) LED water disinfection systems, is happy to announce it has partnered with Lowe’s to sell their consumer product lines, the PearlAqua Deca and PearlAqua AutoMate online in the US. Lowe’s is one of the largest home improvement suppliers in the US and Canada wit...
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2022-07-27

Rohinni Secures Chinese Patent Awards Covering LED Placement Technology

Claims cover proprietary placement solutions needed in the advanced display market to efficiently utilize miniLED technology Liberty Lake, Washington – July 25, 2022 – Rohinni, a leading developer of advanced component placement solutions, today announced four new Chinese patent claims related to high-speed placement processes have been awarded. The patents cover the company’s newest placement technology which allows for the placement of semiconductor die at speeds greater than 100Hz with accuracy levels of <10µm. The new patents protect Rohinni&rsq...
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2022-07-26

Kopin Receives Additional $3.8 Million Production Orders for its Brillian® Display for Helicopter Pilot’s Helmet Mounted Display

Brillian Displays Ideal for Ultra-Bright Full-color Pilot HMD Applications WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin® Corporation (NASDAQ: KOPN), a leading provider of high-resolution microdisplays for Augmented Reality (AR) and Virtual Reality (VR), today announced it received production orders totaling approximately $3.8 million for its new ultra-bright, full-color Brillian Active Matrix Liquid Crystal Display (AMLCD) used by helicopter pilots to display real-time flight and targeting information. Kopin’s paten...
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2022-07-26

Applied UV Installs Airocide at a Leading U.S. Cosmetology School

Cites Endorsement by Former American Association of Cosmetology Schools (AACS) Board Member Tam Nguyen New Market Opportunity with Approximately 950,000 Beauty Salons in the U.S. (Photo: Business Wire) MOUNT VERNON, N.Y.--(BUSINESS WIRE)--Applied UV, Inc. (NasdaqCM: AUVI) (“Applied UV” or the “Company”), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light (“UVC”) for surface areas and catalytic bioconversion technology for ...
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2022-07-26

UVDI Awarded Agreement for UV-C Indoor Air Quality Technology with Premier, Inc.

UVDI's UV-C Indoor Air Quality products are installed in over 10,000 commercial facilities worldwide. (Photo: Business Wire)   VALENCIA, Calif.--(BUSINESS WIRE)--UltraViolet Devices, Inc. (UVDI), a leading manufacturer of advanced Ultraviolet technology for Indoor Air Quality and Hospital Room Disinfection, announced today that it has been awarded a group purchasing agreement with Premier, Inc. in the category of Indoor Air Quality products. Effective July 1, 2022, the new agreement allows Premier members, at their discr...
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2022-07-25

Saphlux Releases Red Micro-LED Solution for AR Displays, Achieving 67% Color Conversion Efficiency at the Pixel Size of 2 µm

July 21st, 2022-Saphlux Inc, a start-up company from Yale University, announced the release of NPQD® red Micro-LED light engine for AR displays. This light engine has achieved 67% red-blue photon conversion efficiency at a pixel size of 2 µm, providing a solution to the long-standing f red efficiency and brightness problem.   2 µm NPQD® red Micro-LED light engine   It is widely known that the low red efficiency and the challenges in RGB integration have come main bottlenecks in AR micro-LED display development. The ef...
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2022-07-22

Cepton Partners with Fabrinet to Deliver Flagship Automotive Lidar Program

Partnership supports the largest ADAS lidar series production award in the industry  Cepton has selected Fabrinet for the production of its Vista®-X90 lidar, which will be deployed in the industry’s largest ADAS lidar series production program. © Cepton, Inc. (Photo: Business Wire) SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced that it has sele...
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2022-07-22

EssilorLuxottica and Politecnico di Milano launch a partnership for the smart glasses of the future

- EssilorLuxottica and Politecnico di Milano signed an agreement for the first joint Smart Eyewear Lab, within the city’s soon to be Parco dei Gasometri - The lab will host R&D activities for the next generation of connected glasses, combining digital technologies with bioengineering, physics of matter and AI skills - The partnership provides initial investments of over 50 million Euro and will employ more than 100 researchers Milano (July 19, 2022) – EssilorLuxottica and Politecnico di Milano have created the first ever joint research center aimed at...
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2022-07-22

Lumileds New Very Small, Very Powerful LUXEON HL1Z Opens Opportunities to Create Compact Solutions with Precise Beam Control

San Jose, CA – May 24, 2022 – Lumileds newest high-power CSP LED is LUXEON HL1Z, an un-domed, single-sided, emitter that delivers high efficacy – 137lm/W or more – from a very small package just 1.4mm square. The top emission prevents “cross-talk” and contributes to the superior color over angle performance and color consistency. Compactness and directional emission allow engineers to create tight arrays and precisely control the beam which enables smaller optical solutions and a path for system cost reduction. LUXEON HL1Z ...
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2022-07-21

LMPG Inc. acquires Pa-Co Lighting

LMPG continues its growth and enters new lighting segments Montreal, Qc, July 19th, 2022 - LMPG Inc., formerly known as Lumenpulse Group Inc., a leading specification-grade LED lighting solutions Group, announced today that it has acquired a majority stake in Pa-Co Lighting, a privately-owned, pure-play specification-grade LED lighting solutions provider with an emphasis on healthcare, behavioural and related applications based in the Greater Montreal Area, Quebec, Canada.   Established in 1978, Pa-Co has a longstanding history of designing an...
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2022-07-21

New Mira220 global shutter image sensor from ams OSRAM advances 2D and 3D sensing with high quantum efficiency at visible and NIR wavelengths

New Mira220 image sensor’s high quantum efficiency enables operation with low-power emitter and in dim lighting conditions Stacked chip design uses ams OSRAM back side illumination technology to shrink package footprint to just 5.3mm x 5.3mm, giving greater design flexibility to manufacturers of smart glasses and other space-constrained products Low-power operation and ultra-small size make the Mira220 ideal for active stereo vision or structured lighting 3D systems in drones, robots and smart door locks, as well as mobile and wearable devices Prem...
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Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE