2024-12-27

[News] Chinese Company Cancels $400M BMW Mini LED Backlight Project

On December 20th, Shenzhen Longli Technology Co., Ltd. (hereinafter referred to as “Longli”) issued an announcement regarding a significant contract update. The company stated that it recently held further discussions with Germany’s Bosch regarding a previously signed agreement to supply automotive Mini LED backlight display modules for a BMW project from 2025 to 2033. As a result of these discussions, the decision was made to terminate the “Long-Term Contract.” Longli explained that the contract was an international long-term agreem...
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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