Business News Archive

Business News | Sep 17, 2010
Energy Smart Industry Brings Outdoor LED Lighting
ESI or the Energy Smart Industry, which is known to come up with smart and energy efficient lighting solutions now launches special outdoor LED lighting. With the new lightings, people can look forward to get powerful lights for outdoors and can also get to save on their electricity bill. The outdoor lighting retrofitting program offered by the company comes along with a special 5 years all –inclusive protection plan. Read more »
Business News | Sep 15, 2010
SDK Ups Blue LED Chip Production Capacity to 340 Mil. Units/Month
Showa Denko K.K. (SDK) has increased its production capacity of blue LED chips at its Chiba site to 340 million units per month, from 200 million units per month. After completion of expansion work in July, SDK made a trial run to secure product quality and stable operations. Commercial operation has already started. Read more »
Business News | Sep 09, 2010
Energy Smart Industry Announces LED Retrofit Program for Industrial Lighting
Energy Smart Industry or ESI, which has proven to be one of the leading providers of LED retrofitting, announces LED Retrofit Program for Industrial Lighting. With this new lighting solution the industries can look forward to a noticeable reduction in electricity bills and can enjoy the advantages that are offered by LED lightings. The company claims that it would be providing the industries with customized lighting solution that suits their individual requirement. Read more »
Business News | Sep 06, 2010
China Expo Lighting 2010
China Expo uses advanced LED technology to light up the night and save up to 70% of the energy used by traditional lighting. A look at how it was done. Read more »
Business 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 about 75-85% for red LEDs. Epistar registered first-half revenues of NT$9.274 billion (US$290.767 million), gross margin of 37.75% and after-tax profit of 2.692 billion or NT$3.5 per share. The company pointed out that orders were in excess of capacity by 30-40% in the first half and expects demand and supply to be more balanced in in the fourth quarter. Read more »
Business News | Aug 25, 2010
2050 Pathways Analysis - UK
Climate change affects the entire planet, and is by definition a global issue. The UK is taking world-leading action at home to address the problem, but ultimately we need global solutions. Energy is a global issue too. The UK imports an increasing amount of its energy, and, the supplies are to remain secure and priced competitively. Read more »
Business News | Aug 04, 2010
Philips Lumileds Crosses 1 Billion LUXEON LED Benchmark
Philips Lumileds Crosses 1 Billion LUXEON LED Benchmark Philips Lumileds today announced that it shipped its billionth LUXEON power LED in the 2nd quarter of 2010. The company’s capacity and infrastructure investments over the last several years have enabled it to meet customer needs for high volumes of products, with the company delivering over 750 million LUXEON power LEDs in the past two years to automotive, illumination and consumer electronics customers. Read more »
Business News | Jul 30, 2010
Color Kinetics enables SC Johnson product
USA - Color Kinetics Incorporated an innovator of LED lighting systems and technologies, today announced the U.S. launch of SC Johnson's Glade PlugIns Scented Oil Light Show, enabled by a license to Color Kinetics' worldwide patent portfolio. Read more »
Business News | Jul 30, 2010
ColorBlast for Starlite
ColorBlast for Starlite Starlite Productions recently enhanced its lighting rental department by taking delivery of Color Kinetics’ ColorBlast 12 fixtures. ColorBlast 12 is a stylish, compact wall-washing light that generates rich, uniform colors and color changing effects. Read more »
Business News | 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. Read more »
Business News | Jul 30, 2010
LGE topped 2Q 2006 OLED shipments
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. Read more »
Business News | 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. Read more »
Business News | 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. Read more »
Business News | 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.”
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. Read more »
Business News | 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. Read more »
Business News | Jul 30, 2010
DOE SSL commercial product testing program
Solid-state lighting (SSL) technologies today are undergoing rapid change and improvements, and products arriving on the market exhibit a wide range of performance. Industry groups, standards setting organizations, and the U.S. Department of Energy (DOE) are moving quickly to develop needed standards and test procedures for SSL products. In the meantime, however, there is a need for reliable, unbiased product performance information to foster the developing market for high-performance SSL products. Read more »
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