Business News Archive

Business News | Dec 17, 2010
Rubicon Technology Opens State-of-the-Art Sapphire Polishing Facility in Malaysia
Rubicon Technology, a leading provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, today announced the opening of the company's first facility outside of the United States in Penang, Malaysia. The state-of-the-art facility will be responsible for the labor-intensive crystal polishing processes significantly expanding Rubicon's capacity for high quality, large diameter polished wafer production. Read more »
Business News | Dec 15, 2010
LG Innotek and Zumtobel Group Conclude LED Cooperation Agreement
LG Innotek, a subsidiary of the Korean LG Group, and the Austrian lighting company Zumtobel Group have concluded a cooperation agreement in the field of LEDs. The aim of cooperation is to transfer the successful high volume business in LED backlights for LCD screens to the field of professional lighting. Read more »
Business News | Dec 02, 2010
Soitec and Sumitomo Electric Announce Collaboration on Development of Engineered GaN Substrates
Soitec, the world’s leading supplier of engineered substrates and Sumitomo Electric Industries, Ltd., a leading worldwide provider of compound semiconductor materials, announced today they are working together to develop engineered gallium nitride (GaN) substrates. The alliance will draw on Sumitomo Electric’s sophisticated GaN wafer manufacturing technology and Soitec’s unique Smart Cut™ layer transfer technology by which ultra-thin GaN layers are transferred from a single GaN wafer to produce multiple, engineered GaN substrates. The engineered substrates retain the original, high crystalline quality of Sumitomo Electric’s GaN wafer at a lower cost. This technology will therefore facilitate widespread use of GaN substrates in applications like high brightness LEDs as well as electric power devices designed for hybrid and full electric vehicles. Read more »
Business News | Dec 01, 2010
WalesOnline.co.uk Announced £5.1m Deal from Enfis to Take over PhotonStar
SWANSEA-based lighting technology company Enfis has announced plans to acquire LED firm PhotonStar in a £5.1m deal. The company intends to finance the deal with a placing of 5m new shares and is looking to raise a further £2m with the placing of a further 19.79m shares. These placings will need to be approved by a meeting of shareholders on December 23. Read more »
Business News | Nov 30, 2010
Optogan Opens Largest LED Production in Eastern Europe
Optogan Opens Largest LED Production in Eastern Europe Deputy Prime Minister of the Russian Federation Sergey Ivanov today unveiled Optogan’s new manufacturing plant in St. Petersburg. With an overall investment of 3.35 billion rubles (80 million euros) it is the largest LED component and module factory in Eastern Europe & CIS. The factory, which will employ up to 800 people, covers 15,000 m2 of floor space 5,000 m2 of which is taken up by a clean room environment. The first production line has an annual production capacity of 360 million LEDs and further capacity extensions are scheduled. Read more »
Business News | Nov 29, 2010
AZZURRO Semiconductors Expands with 14.5 Million Euro from Global Investors
AZZURRO Semiconductors announced the closing of a growth financing round providing production capacity to address significant market demand. The EUR 14.5 million investment round was provided by new investors Wellington Partners, Good Energies and Emerald Technology Ventures and was joined by existing investors Cedrus Private Equity and IBG Innovationsfonds (managed by GoodVent). Read more »
Business News | Nov 24, 2010
Panasonic Electric Works Vossloh-Schwabe Establishes New Company in Republic of Serbia to Manufacture Energy-efficient Electronic Devices for Lighting Equipment
Panasonic Electric Works Vossloh-Schwabe GmbH (head office: Lüdenscheid, Germany, CEO: Klaus Breisch) established a new company in Svilajnac, the Republic of Serbia, to manufacture energy-efficient electronic devices for lighting equipment. The new company is named Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o. The investment amount in the financial year 2010 is approx. EUR 580,000. Mass production will commence in January 2011, to enhance lighting device business in Europe, where energy efficiency improvement efforts are well under way. Read more »
Business News | Nov 23, 2010
Since Three Years, Xicato LED Modules are the First Lighting Products that were Selected as One of BuildingGreen’s Top 10 Products of the Year
Since Three Years, Xicato LED Modules are the First Lighting Products that were Selected as One of BuildingGreen’s Top 10 Products of the Year Xicato has been selected as one of BuildingGreen’s Top-10 products of the year by the editors of Environmental Building News and GreenSpec®. This ninth annual award recognizes the most innovative and exciting green building products. The Xicato award is the first lighting product to be selected since 2007 due to its efficiency and light quality – the combination providing a “significant advance” according to BuildingGreen’s founder and executive editor Alex Wilson, who describes Xicato as “one of the most exciting companies in the burgeoning LED lighting industry”. Read more »
Business News | Nov 17, 2010
Tridonic Fürstenfeld Launches into the LED Era
The Tridonic production plant in Fürstenfeld, which manufactures magnetic lighting components and is part of the Zumtobel Group, is launching into the LED era and today commissioned its first LED assembly line. The highly automated line represents an initial step towards the volume production of innovative LED chains. Plans envisage commissioning up to three more LED assembly lines by 2013. Annual production capacity is slated to reach 12 million LED modules. The new LED assembly lines represent a total investment of EUR 1.5 million. The plant offers space for expansion to as many as six assembly lines. Production of special LED light engines for use in chiller cabinets has already begun. Read more »
Business News | Nov 17, 2010
Edison-Opto Corporation with Holders Technology plc
Edison-Opto Corporation with Holders Technology plc Edison-Opto Corporation and Holders Technology plc are pleased to announce their European partnership for the marketing and distribution of high-powered LEDs in Europe. Holders Components (part of the Holde s Technology Group) will service all existing and new European customers from its logistics centres in Frankfurt, Germany and the North and South of the UK. Read more »
Business News | Nov 09, 2010
Rubicon Technology Celebrates Production of the First Sapphire at Its New Batavia, IL Facility
Rubicon Technology Celebrates Production of the First Sapphire at Its New Batavia, IL Facility Rubicon Technology, Inc., a leading provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, today celebrated the completion of the first sapphire boule produced in the company's newest facility. Located in Batavia, IL, the new 135,000 square foot sapphire crystal manufacturing facility was established to increase capacity to support the growing demand for LEDs (light emitting diodes) in the consumer electronics and general lighting industries. Read more »
Business News | Oct 22, 2010
Consumerizing Solid State Lighting
LED (Light-emitting diodes) lamps are a fast emerging technology which is considered as the true alternative to the Compact Fluorescent Lamp (CFL). Many commercial products are now available for professional application; however there is rarely any LED retrofit product which meets all the expectations of consumers in terms of price, light output and other functionalities at the same time. Read more »
Business News | Oct 20, 2010
EMerge Alliance Advances DC Power Distribution Platform
The EMerge Alliance – an open industry association leading the rapid adoption of safe direct-current (DC) power distribution standards for commercial buildings – today announced it has formed a new technical standard committee for data and telecommunications centers and added 11 new members as part of the group’s planned expansion to address building-wide opportunities for reduced power consumption. Read more »
Business News | Oct 20, 2010
Gigahertz-Optik’s BTS256-LED LED Spectrometer Recognized in IES Progress Report
Gigahertz-Optik’s BTS256-LED LED Spectrometer Recognized in IES Progress Report Gigahertz-Optik’s BTS256-LED Spectrolightmeter will be formally recognized in the 2010 IES Progress Report at the Illuminating Engineering Society (IES) of North America annual conference this November in Toronto, Canada. The IES Progress Committee certifies and recognizes the BTS256-LED as a unique, innovative and significant advancement to the art and science of lighting and a significant engineering advancement for the lighting industry. Read more »
Business News | Oct 20, 2010
TTI, Inc. and TT electronics OPTEK Technology Announce Franchise Agreement
TTI, Inc. and TT electronics OPTEK Technology Announce Franchise Agreement Providing design engineers with a worldwide source for optoelectronic components, TT electronics OPTEK Technology has partnered with global distributor TTI, Inc. with a new franchise agreement. TTI now stocks and distributes OPTEK’s comprehensive range of optoelectronic components, including visible LEDs and assemblies, infrared sensors and switches, magnetic sensors, encoders and an extensive range of high reliability optoelectronic discretes and hybrid assemblies. Read more »
Business News | Oct 15, 2010
Moser Baer Technologies and CNSE’S Launch Global Partnership to Establish Pioneering Pilot Production Facility for OLED
Moser Baer Technologies, Inc. ("MBT"), the U.S. division of Moser Baer India, Ltd., Universal Display Corporation ("UDC"), and the College of Nanoscale Science and Engineering's ("CNSE") Smart System Technology & Commercialization Center ("STC") today announced a partnership to establish the world's first pilot production facility for Organic Light Emitting Diode ("OLED") lighting panels at STC's Canandaigua location, which will create more than 50 high-tech jobs by 2012 while further building New York's world-class resources to support clean and environmentally friendly technologies. Read more »
Business News | Oct 14, 2010
Energy Efficient Solutions from ON Semiconductor to Take Centre Stage at Electronica
Energy Efficient Solutions from ON Semiconductor to Take Centre Stage at Electronica ON Semiconductor, a premier supplier of high performance silicon solutions for energy efficient electronics, will demonstrate its latest product innovations – designed to empower customers’ next generation energy efficient solutions for automotive, portable, industrial and lighting applications – at this year’s Electronica exhibition in Munich, Germany, November 9-12. Read more »
Business News | Oct 04, 2010
First Pilot Production Line for Organic LEDs to be Installed in Germany
First Pilot Production Line for Organic LEDs to be Installed in Germany Osram and its LED-affiliate Osram Opto Semiconductors are driving the technology shift on the lighting market and currently building a pilot line for organic LEDs (OLEDs) in Regensburg, Germany. "We hold a leading position in the young and promising OLED market," said Martin Goetzeler, CEO at Osram. "We want to use the pilot production line to extend our lead and quickly forge ahead with development of the technology and prepare for mass production." In the next three years around 50 million euros will be invested in the new pilot production facility and in research on LED applications. Commissioning of the production line is scheduled for mid-2011. Read more »
Business News | Sep 24, 2010
DOE Continues Aggressive Energy Efficiency Enforcement Effort with Nearly 30 New Proposed Penalties
As part of an ongoing commitment to rigorously enforce appliance efficiency requirements, the Department of Energy today announced 27 new proposed penalties against companies selling products in the United States without certifying that they comply with energy efficiency or water conservation standards. The legally required certifications help ensure that products sold in the U.S. deliver significant energy and cost savings to the American public. The 27 companies include well known manufacturers, importers, and private labelers of appliance, plumbing, and lighting products. Read more »
Business News | Sep 24, 2010
Toyoda Gosei Concludes Joint Venture Agreement to Develop, Manufacture, and Market LEDs in Taiwan
Toyoda Gosei Co., Ltd. and two Taiwanese companies formally agreed on September 20 to establish a joint venture in Taiwan to develop, manufacture, and market light emitting diodes (LEDs). The Taiwanese companies are Epistar Corporation, a leading manufacturer of LED chips, and Twin Hill Co., Ltd., a sales agent for Toyoda Gosei LEDs. This joint venture agreement combines Toyoda Gosei’s leading-edge LED technology with Epistar’s low-cost manufacturing capabilities to expand the partners’ LED sales in the growing market of illumination applications. Read more »
page_peel