Business & Event News

Business News | Jul 30, 2010
Opto Tech announces capital decrease on OLED losses
Vancouver, BC – TIR Systems Ltd. (TSX: TIR), the developer of the first fully integrated Solid State Lighting (SSL) source for general lighting, the  Opto Tech, a Taiwan-based LED and OLED (organic light-emitting diode) specialist, announced recently that its shareholders have approved a plan to reduce its capital by around 19.7% to NT$1.53 billion (about US$46 million), to amend its losses and strengthen its financial structure, according to a company filing with the Taiwan Stock Exchange (TSE). Read more »
Business News | Jul 30, 2010
Lamina Ceramics announces new president and CEO
WESTAMPTON, NJ, The Board of Directors at Lamina Ceramics today announced the appointment of Frank M. Shinneman as President and Chief Executive Officer. Mr. Shinneman brings 25 years of international management experience to the New Jersey-based developer of ultra bright LED light engines. Read more »
Business News | Jul 30, 2010
AUO and CMO completing LED food chain
Both AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) are becoming more comprehensive in their LED supply-chain deployment, with both panel makers recently confirming investments in LED packaging firms. Read more »
Business News | Jul 30, 2010
Seoul Semiconductor and Avnet Electronics Marketing Sign Distribution Agreement
Seoul, Global LED leader Seoul Semiconductor has selected Avnet Electronics Marketing to distribute its entire line of LED and solid state illumination products in the Americas. The partnership makes energy-efficient lighting solutions and other LED applications more readily available to North American manufacturers though LightSpeed, Avnet’s new illumination-focused business unit. Read more »
Business News | Jul 30, 2010
Kinglumi opens UK sales office
Kinglumi opens UK sales office 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 »
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