2015-07-03

Hot Picks of the Week June 29-July 3

Osram has entered talks with potential buyers of its lighting business, a couple of Chinese players Foshan Lighting, NVC, and Yankon Lighting have been named as companies that have shown interest. ABB is collaborating with Philips to bring smart lighting into homes in China. Several interesting research have emerged this week. Astronauts might be able to start their own vegetable gardens in space ships in the future, with specific wavelength LED grow lights from the University of Purdue. Another research team from Denmark are predicting nanowires could become the future technology for LEDs. Lastly, research on new optic designs and devices could enable future smartphones to be equipped with photosensors that determine whether a person has diabetes or pregnant. Epistar Chairman B.J. Lee outlined three major market trends at a shareholders meeting in Taipei, Taiwan this week. Lee projected the company’s orders would rebound in 3Q15, and that the number of newly added MOCVDs would reach 250 this year. He also shed light on Lumileds future market strategy following Go Scale Capital investment.
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