Business & Event News
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Jul 30, 2010
Cree Reports Financial Results for Fourth Quarter and Fiscal Year 2006: Record Revenue of $423 Million for Year
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 $106.7 million for its fiscal fourth quarter ended June 25, 2006. This represents a 9% increase over the revenue of $98.2 million reported for the year-ago period.
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Jul 30, 2010
LGE topped 2Q 2006 OLED shipments
LG Electronics (LGE) leaped to the top in worldwide OLED (organic light-emitting diode) shipments in the second quarter, after falling into the third place in the first quarter of 2006, according to research firm Displaybank.
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Jul 30, 2010
i-Vision takes on Mundocolor
LED and feature lighting specialists i-Vision announces the exclusive UK distributorship for Spanish manufacturers Mundocolor. Barcelona-based Mundocolour offers three different lines of lighting equipment, and i-Vision will be taking on the broad based ‘Technical’ range of LED fixtures for architectural and decorative illumination.
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Jul 30, 2010
Crystal IS raises $10.6m in second-round funding for AlN substrates
Crystal IS Inc of Green Island, NY, USA, which is commercializing native, single-crystal aluminum nitride substrates for high-power, high-temperature and optoelectronic devices, has completed a $10.6m second round of financing.
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Jul 30, 2010
GE invests $100 million to grow its LED lighting business
CLEVELAND, the General Electric Company (GE) through its Consumer & Industrial business and the Nichia Corporation ("Nichia") announced today a strategic alliance agreement to support GELcore, LLC, based in Cleveland, Ohio.
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Jul 30, 2010
OLED shipments up 15% in 2Q 2006, but revenues down 14%, says research firm
Worldwide OLED (Organic Light Emitting Diodes) shipments grew 15% on-year to 16.1 million units in the second quarter of 2006, but revenues experienced an annual decrease of 14%, according to research firm DisplaySearch.
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Jul 30, 2010
Philips to set up hight power LED production facility in Singapore
Amsterdam – Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today it will invest in the setting up of a high power LED production facility in Singapore. Initial production is expected to start in Q1 2007, ramping up to double Philips’ total power LED production capacity by the end of 2007.
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Jul 30, 2010
Avnet electronics marketing americas launches Avnet LightSpeed
Phoenix, Avnet Electronics Marketing Americas, the largest operating group of Avnet Inc. , announces the launch of the Avnet LightSpeed(TM) business unit.
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Jul 30, 2010
President of the Republic of Finland Tarja Halonen presents the Millennium Technology Prize to Professor Shuji Nakamura: ”Using LEDs for lighting could halve the amount of electricity consumed for this purpose.”
The 2006 Millennium Technology Prize was presented to Professor Shuji Nakamura in Helsinki for his invention of new sources of light. President of the Republic of Finland Tarja Halonen handed Professor Nakamura the prize of one million euros and ”Peak”, the prize trophy.
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Jul 30, 2010
Avago Technologies Awarded Optoelectronic Components Growth Excellence Award by Frost & Sullivan: Best Practices Award Recognizes Excellence in Implementing, Sustaining Growth through Unique Business Strategies
SAN JOSE, Calif., Avago Technologies, the world’s largest privately held semiconductor company, today announced it has been awarded the 2006 North American Optoelectronic Components Growth Excellence Award by Frost & Sullivan, a global consulting company.
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