2015-04-02

Hot Picks of the Week March 31-April 2

Much to the industry’s surprise, Philips Lumileds was sold to Asian consortium led by Chinese investment firm GO Scale Capital Investment. The investment firm, which also invests in several Chinese LED companies, has acquired 80.1% of Lumileds shares. This development will likely assist Chinese LED market developments.
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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