2014-08-29

Hot Picks of the Week Aug. 25-29

Cree and Lextar’s investment agreement has caught the industry’s attention this week. Cree will become Lextar’s second largest shareholder after investing US $83 million to acquire 13% stake in the company. The U.S. manufacturer is most likely seeking a long-term economic LED chip supplier to retain a competitive edge in the market, according to LEDinside’s Research Director Roger Chu. 
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE