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Business | Financial News | Nov 29, 2010

AZZURRO Semiconductors Expands with 14.5 Million Euro from Global Investors

AZZURRO Semiconductors announced the closing of a growth financing round providing production capacity to address significant market demand. The EUR 14.5 million investment round was provided by new investors Wellington Partners, Good Energies and Emerald Technology Ventures and was joined by existing investors Cedrus Private Equity and IBG Innovationsfonds (managed by GoodVent). Read more »

Business | Financial News | Oct 05, 2010

Swedish Nanowire-Based LED Developer Completes SEK 170 Million Financing Round

Examples of complex epitaxial nanowire structures grown in Lund. Based on this knowledge, GLO has also the ability to produce Ultra-High-Brightness nanowire LEDs. Lund (Sweden) based nanowire semiconductor LED developer GLO AB today announced the closing of an SEK 170 million investment round (approximately USD 25 million) and establishment of a California-based engineering center to supplement its current efforts in Sweden and Denmark. Read more »

Business | Financial News | Sep 06, 2010

Epistar expects 35% in 3Q10 gross margin

Although Taiwan-based LED chipmaker Epistar will adjust its shipment mix in the wake of a demand slowdown from the LED-backlit TV segment, the company's internal target for third-quarter 2010 gross margin remains at 35%, according to industry sources. Epistar pointed out that September revenues could be affected due to the adjustment but should at least reach the level of August and gain modestly from that of July. The company expects full utilization of blue LED capacity into September and ... Read more »

Business | Financial News | Nov 08, 2007

LEDs Poised to Drive a New Lighting Revolution

The attached figure presents iSuppli's forecast for the total LED market for 2006 and 2011. After two years of moderate single-digit revenue growth in 2005 and 2006, the solid-state lighting industry is poised to propel LED revenue to a double-digit expansion rate in 2007. Read more »

Business | Financial News | Oct 02, 2007

LedEngin, Inc. Secures $11 Million in Series C Funding to accelerate market adoption of energy efficient SSL solutions

LedEngin, Inc., a leading supplier of high power Light Emitting Diodes (LED) components and light source modules, today announced closing of its series C round of funding led by Partech International. Read more »

Business | Financial News | Jul 13, 2007

Solid-State Lighting Market to Grow by 21 Percent While Residential Demand Remains in Infancy

The Strategy Analytics GaAs and Compound Semiconductor Technologies (GaAs) service release, "Solid State Lighting Market 2006-2011," projects 21 percent market growth for solid-state LED lighting through 2011. The bulk of demand, however, will be generated from niche lighting applications including architectural, task lighting, medical and off-grid lighting applications rather than the residential lighting market. Read more »

Business | Financial News | May 30, 2007

Quanlight raises $3 Millon in Series B

Quanlight Inc., a leader in developing high power, high brightness red light emitting diodes, has raised $3 million in its oversubscribed Series B offering. The financing was led by Blackbird Ventures and (SHW)2 Enterprises with a small group of private investors. Read more »

Business | Financial News | Feb 14, 2007

Color Kinetics reports financial results for fourth quarter and full year 2006

Boston, MA - Color Kinetics Incorporated (NASDAQ: CLRK), a leading innovator of intelligent LED lighting systems and technologies, today announced its results of operations for the fourth quarter of 2006. Read more »

Business | Financial News | Jan 09, 2007

Cree, Inc. announces 2007 second quarter earnings call webcast

K&L (Kinglumi), China, a major producer of high specification LED light bulbs, has established a sales office in London, UK, to serve the UK lighting industry. Read more »

Business | Financial News | Dec 19, 2006

Super Vision gains $9.0 million in funding for LED lighting plan

Super Vision has secured $9 million in funding to execute its new business strategy that includes a focus on LED lighting systems. Read more »

Business | Financial News | Nov 13, 2006

Compound semiconductor industry Mergers & Acquisitions draw Q3 2006 to a Close

Boston, MA, the Strategy Analytics GaAs and Compound Semiconductor Technologies (GaAs) Service, releasing its regular analysis of compound semiconductor industry news covering microelectronics, optoelectronics and materials/equipment markets, highlights a high number of joint ventures and mergers and acquisitions in Q3 2006. Read more »

Business | Financial News | Nov 02, 2006

Color Kinetics reports revenues for third quarter 2006: Third quarter revenues rise 21% year over year to $17.1 million

Boston, MA, Color Kinetics Incorporated (NASDAQ: CLRK), a leading innovator of LED lighting systems and technologies, today announced its results of operations for the third quarter of 2006. Revenues were $17.1 million, an increase of 21% from the $14.1 million reported in the third quarter of 2005. Read more »

Business | Financial News | Oct 24, 2006

Cree reports financial results for the first quarter of fiscal 2007: Revenue of $104 million and diluted EPS of $0.17

DURHAM, NC, Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $103.9 million for its fiscal first quarter ended September 24, 2006. Read more »

Business | Financial News | Oct 10, 2006

Cree announces live webcast and access information for first-quarter 2007 conference call

DURHAM, NC, Cree, Inc. (Nasdaq: CREE) invites you to a live webcast of its first quarter/fiscal year 2007 conference call with senior management to review results for the quarter ending September 24, 2006. Read more »

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