Business News Archive

News-Spot | Business News | May 21, 2014
DOE Awards CRADA to Pixelligent and Oak Ridge National Laboratory for Roll-to-Roll Fabrication of OLED Devices
Pixelligent Technologies, a global manufacturer of advanced materials and PixClear™ nanocrystal dispersions for the solid state lighting and flat panel industries, announced today it has entered into a Cooperative Research and Development Agreement (CRADA) with the Department of Energy’s Oak Ridge National Laboratory (ORNL). Entering into this CRADA allows Pixelligent to further optimize materials and formulations to demonstrate improved performance and cost for roll-to-roll manufacturing, including for OLED devices. Read more »
News-Spot | Business News | May 21, 2014
Osram Opens New LED Assembly Plant in China
Osram Opens New LED Assembly Plant in China In a further move to strengthen its leading position in the market for light-emitting diodes (LED), Osram today officially opened its LED assembly plant in Wuxi, China. The factory has a floor area of about 100,000 square meters and will employ as many as 2,100 people by 2017. Osram is investing a low three-digit-million euro amount to set up the plant. “With this step, we’re not only expanding our fully loaded backend LED capacities but also boosting our presence in the world’s largest single lighting market,” said Wolfgang Dehen, Chief Executive Officer of Osram Licht AG. “Asia, and particularly China, are key growth drivers for the global lighting and therefore the LED industry.” Read more »
News-Spot | Business News | May 20, 2014
Samsung’s LED Component Test Lab Recognized by VDE Institute
Samsung Electronics Co., Ltd., a world leader in advanced component solutions, today announced that its test lab for LED component products for use in LED lighting applications was recognized by VDE Institute, the testing and certification branch of VDE Association for Electrical, Electronic & Information Technologies, one of the largest technical and scientific associations in Europe. Read more »
News-Spot | Business News | May 19, 2014
Memoori Predicts Global Market for LED Lighting in Buildings To Reach $10.3 Billion by the End of 2014
Memoori Predicts Global Market for LED Lighting in Buildings To Reach $10.3 Billion by the End of 2014 Memoori estimates that revenue from the global LED Lighting market for buildings hit $8.1 billion in 2013 and will rise to around $10.3 billion by the end of 2014. The market will have grown still further to total almost $23 billion by 2018. This represents a compound annual growth rate (CAGR) in the overall market of 22.8% over the 6-year period. Beyond the time frame of this report, revenue growth will slow as cost competition intensifies; with the size of the LED lighting market expected to level off by around 2020. Read more »
News-Spot | Business News | May 06, 2014
Pixelligent Technologies Joins the Smart Lighting Engineering Research Center at RPI
Pixelligent Technologies, the global manufacturer of PixClear™ high index materials and nanocrystal dispersions for the solid state lighting and flat panel display industries, announced today that it has joined the Smart Lighting Engineering Research Center (ERC) at Rensselaer Polytechnic Institute. The ERC is a research, innovation and educational organization that focuses on future lighting systems that will improve health and productivity and save energy at the same time. As a member of the ERC, Pixelligent will have access to the RPI faculty, as well as the Center’s world-class testing and characterization infrastructure. Read more »
News-Spot | Business News | Apr 24, 2014
SILICA’s Lighting Division Complements Expansion Strategy with New Website
SILICA’s Lighting Division Complements Expansion Strategy with New Website SILICA, an Avnet, Inc. company, today announced its new website for customers of its Silica Lighting division. The comprehensive online resource at www.silicalighting.com provides an overview of the complete SILICA Lighting portfolio, which includes LEDs, opto devices, power and thermal management, LED drivers, interconnects and integrated LED lighting solutions. Read more »
News-Spot | Business News | Apr 17, 2014
Cambridge Nanotherm® Opens World’s First Fully Automated Production Line for Aluminium Nano-Ceramic Substrates
Cambridge Nanotherm® Opens World’s First Fully Automated Production Line for Aluminium Nano-Ceramic Substrates Cambridge Nanotherm®, the manufacturer of advanced Aluminium Nano-Ceramic substrate technology for the thermal management of electronic applications, installs the first of many fully automated lines. Nanotherm® production line extends the applications of this award winning patented technology also beyond LED lighting to wider electronic substrate applications that require higher thermal management, lower cost of ownership and smaller footprints Read more »
News-Spot | Business News | Apr 08, 2014
"LLFY Selector"-App Offers Mobile Support by LED Light for You Network
"LLFY Selector"-App Offers Mobile Support by LED Light for You Network Customers are now being given product search support through the Osram “LED Light for you” partner network (LLFY) in the form of an app, making product searches easier and quicker than ever before. As the name “LLFY Selector” suggests, this app has been designed specifically to find products. Read more »
News-Spot | Business News | Mar 19, 2014
LUXeXceL Extends 3D Printing Capacity with New Factory for LED Optics
LUXeXceL Extends 3D Printing Capacity with New Factory for LED Optics LUXeXceL Group, the inventor of the revolutionary Printoptical® Technology, and global leader in the Additive Manufacturing of optical components, announces to invest in a new 3D printing factory dedicated to manufacturing volumes of LED lighting optics. This month the first housing and installation activities have started to ensure that the first digital production line will be operational by the second half of 2014. Read more »
News-Spot | Business News | Mar 12, 2014
UL Announces New Program To Speed up LED Luminaire Certification
UL, a global safety science leader, announced today the introduction of the Type TL Program, which offers a set of certification guidelines designed to create a more efficient path for manufacturers in developing new LED luminaire products. Through the flexibility of the UL Recognized Component program, LED drivers, an electrical device which regulates power to an LED or string of LEDs, are often designed with varying constructions and are tested in a variety of ways. This approach helps ensure LED drivers are interchangeable in most cases without the need for additional testing. Read more »
News-Spot | Business News | Mar 11, 2014
Zhaga Appoints New Secretary General
The Zhaga Consortium is pleased to announce the appointment of Musa Unmehopa as its new Secretary General, effective from April 1, 2014. Musa replaces Menno Treffers, who has held the post of Secretary General since Zhaga was launched in March 2010. Read more »
News-Spot | Business News | Mar 06, 2014
3M invests in MSi Lighting
3M has invested in MSi Lighting of Boca Raton, Florida, a company that 3M has been working with for the past year on a line of LED lights for multiple applications. Terms of the transaction were not disclosed. Read more »
News-Spot | Business News | Mar 06, 2014
Toshiba International Corporation Announces Lighting Business Reorganization
Toshiba International Corporation (TIC) of Houston, Texas has announced a reorganization affecting its LED Lighting Systems Division. Toshiba Lighting and Technology Corporation (TLT), headquartered in Yokosuka, Japan, is responsible for Toshiba’s global lighting businesses and is implementing a reorganization of international operations. As a result, the LED Lighting Systems Division within TIC will discontinue most operations by March 31, 2014. The headquarters’ responsibility for Toshiba Lighting in the Americas will be transferred to Greenstar Lighting Products Inc. located in San Antonio, Texas. Greenstar is a wholly owned subsidiary of TLT. Read more »
News-Spot | Business News | Mar 04, 2014
Brandenburg Acquisition Reflects Synopsys Strategy in Optical Solutions
When most people see "Synopsys" they think, "That's not how you spell that word." But to those in the electronics industry, "Synopsys" is synonymous with EDA and IP. And, they're right - for the most part. In reality, Synopsys has been executing a strategy to expand its total addressable market into areas that are naturally adjacent to its traditional markets for years. The company now provides a wide range of technologies that accelerate innovation in electronics. Read more »
News-Spot | Business News | Feb 28, 2014
Wacker and Technische Universität München Extend Partnership in Silicon Chemistry
Wacker Chemie AG and Technische Universität München (TUM) are extending their existing partnership in silicon chemistry for another six years. They signed an agreement to this effect. The Munich-based chemical Group is sponsoring the Institute of Silicon Chemistry, located on the research campus in Garching near Munich, with a total of up to Eur 2.5 million. This will finance doctoral positions and the associated material resources. WACKER and the TUM founded the Institute of Silicon Chemistry in 2006. Over recent years, more than 30 research projects have been conducted, which have resulted in ten patents and 35 scientific publications. Read more »
News-Spot | Business News | Feb 25, 2014
LED Engin Named Best New Component in the Architectural SSL Product Innovation Awards 2014
LED Engin Named Best New Component in the Architectural SSL Product Innovation Awards 2014 LED Engin, Inc., a leader in high flux density LED products, announces that its tunable white light engine LuxiTune™ has been crowned Best New Component at Source Level, a special citation in the 4th annual Architectural SSL Product Innovation Awards (PIAs). LuxiTune is also a winner in the Modules and Light Sources category. This success follows the product being recognized as Solid-State Lighting Product of the Year at the Elektra Awards, Europe's flagship electronics industry awards competition. Read more »
News-Spot | Business News | Feb 12, 2014
Microchip Technology Announces Acquisition of Supertex Inc.
Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Supertex Incorporated today announced that Microchip has signed a definitive agreement to acquire Supertex for $33 per share in cash, which represents a total equity value of about $394 million, and a total enterprise value of about $246 million, after excluding Supertex’s cash and investments on its balance sheet of approximately $148 million. The acquisition is expected to be accretive to Microchip’s non GAAP earnings per share in the first full quarter after completion of the acquisition. Read more »
News-Spot | Business News | Feb 03, 2014
Osram Is First Chip Manufacturer To Switch Red and Yellow LED Fabrication To 6-Inch Wafers
Osram Is First Chip Manufacturer To Switch Red and Yellow LED Fabrication To 6-Inch Wafers Osram Opto Semiconductors is keeping pace with the constant growth of the market and switching its fabrication of red, orange and yellow light emitting diodes to 6-inch wafers. The German high-tech company is extending the fabrication of all large-wafer LEDs to the indium-gallium-aluminum-phosphide (InGaAlP) material system and expanding its production capacity. The company began switching fabrication of blue LED chips in 2011. Read more »
News-Spot | Business News | Jan 27, 2014
Pixelligent Technologies Got Small Business Innovation Research (SBIR) Phase I Granted
Pixelligent Technologies announced today that it has been awarded a Small Business Innovation Research (SBIR) Phase I grant by the Department of Energy (DOE). The nine-month, $150,000 program will enable Pixelligent to accelerate the development of its nanoadditives for use in OLED lighting. As part of this program, Pixelligent will partner with OLEDWorks LLC, a leading OLED lighting company. Read more »
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