LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has appointed Daniel Castillo as president, Lighting, leading both the commercial and consumer lighting businesses and reporting to chairman & CEO Chuck Swoboda. ...
Tags: Cree, Daniel Castillo, appointment
Bridgelux’s strategic partnership with one of China’s largest electronic company China Electronics Corporation (CEC) and its LED industry strategy has made CEC the ideal acquisitor among potential buyers, wrote Bridgelux CEO ...
Tags: Bridgelux, LED lighting, smart lighting
The scale of the LED lighting market is growing steadily, according to 2016 Global LED Lighting Market Trends Report by LEDinside, a division of TrendForce. LEDinside estimates that the scale of the LED lighting market will reach US$25.7 ...
Tags: LED lighting, LED light bulbs
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company. Osram Lamp According to the company statement: “This business includes the ...
Tags: Osram, LED lighting, general lighting
Taiwanese LED manufacturers have been affected by Chinese manufacturers’ low pricing strategies, even the Taiwanese LED stock market was hit hard, reported SET News. A lot of market rumors speculate Lite-On will be shutting down its ...
Tags: LED Business, low pricing
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip
Cree Inc of Durham, NC, USA, which makes silicon carbide (SiC) and gallium nitride (GaN) wafers and devices as well as LEDs, has submitted a draft registration statement on a confidential basis to the US Securities and Exchange Commission ...
Tags: silicon carbide, gallium nitride, LEDs
In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light
Siemens may be saying Auf Wiedersehen to its healthcare business, but won’t be taking it public anytime soon. The German giant announced in November that it would legally separate its healthcare business from the rest of the ...
Tags: molecular biology, x-ray equipment, Health
Just a month after Dutch electronics giant Philips said it would separate its healthcare and lighting businesses, German industrial conglomerate Siemens has announced a similar strategy. Siemens CEO Joe Kaeser announced Thursday that ...
Tags: Siemens, Healthcare Business, Medical Device
The global LED lighting market will reach $25.66bn and its market penetration will rise to 31% in 2015 as the overall lighting market grows to $82.1bn, according to a report by LEDinside, a division of Taiwan-based market intelligence firm ...
Tags: LED market, LED Lighting
Philips' has announced its LED-based sales grew 43 per cent during Q2. This area now represents 36 percent of total lighting sales, compared to 25 per cent in Q2 2013. The Q2 report also shows lighting comparable sales increased 1 per ...