2014-04-03

Zumtobel Axes Jobs to Improve Margins

Zumtobel announced plans of slashing 600 jobs, about 8 percent of its workforce to double operating profit margin by 2016 to 2017 and stay competitive against Asian manufacturers, according to a Reuters report.
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This year's report plays a key role in aligning with the upcoming standards of the European Union and is built on a significantly broader data foundation than in previous years. For the first time, the report includes all LEDVANCE entities... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE