On May 2, 2019, OSRAM announced the completion of the acquisition of British automotive aftermarket specialist Ring Automotive. The acquisition of Ring Automotive will drive OSRAM to expand its range of products in the automotive sector, including more automotive electronics and accessories. After the acquisition is approved by the UK Competitor and Market Authority CMA, the partnership between the two companies will officially begin in May.
US lighting company Acuity brands issued a notice saying that the 15% increase in the price of some previously announced products will be implemented and effective on May 15, 2019. For the affected products, the last day of the order and delivery at the... read more
Recently, Luminus Devices of the United States expanded its high-power IR LED product portfolio, including 11 transmitters, to meet the rapid expansion of automotive, consumer, machine vision, medical and security applications. Luminus IR SST LEDs are now available in three wavelengths – 810nm, 850nm and... read more
According to relevant media reports: Honda’s luxury brand Acura (Acura) is recalling more than 360,000 SUVs worldwide because water can enter the taillights and darken the taillights. The recall is mainly in North America and covers the Acura MDX from 2014 to 2019. According to... read more
In 2017, the appearance of iPhone X made 3D sensing technology that provides Face ID face unlocking a hot spot, and also brought the core component VCSEL in the 3D sensing module. In fact, VCSEL is not a new technology, its birth dates back... read more
NVC Lighting announced that it is negotiating with potential investors to sell most of its China operations. The announcement shows that the company is conducting a strategic assessment of its business in China and is negotiating with a limited number of potential investors to sell... read more
According to US reporters, Ohio lighting manufacturer LSI Industries Inc. (LYTS.US) has found buyers for its New York plant and expects to complete the sale by June 30. LSI expects to receive a total revenue of $12 million and an annual cost savings of... read more
To create a smart city, the Australian capital Canberra will connect all street lights to the cloud and become Australia’s largest independent smart city project. The agency responsible for infrastructure is the Canberra Transport and Urban Services Department (TCCS), which has introduced two technology companies... read more
CREE is the exclusive partner of SiC Silicon Carbide for the Volkswagen Group’s FAST (Future Automotive Supply Tracks) project. FAST’s goal is to advance collaboration, implement technology innovation more quickly than ever, and implement global automotive projects more efficiently and effectively. Mr. Michael Baecker, head... read more
US lighting manufacturer RAB issued a notice saying that because many goods, including lighting fixtures, controls and lighting components, have implemented additional tariff increases, RAB cannot fully absorb these costs, thus determining the average price increase of products by 15 %, implemented on May... read more
Revolution Lighting announced that James DePalma, the company’s director and chief financial officer, resigned for personal reasons and took effect on May 2, 2019. In addition, he suggested that the company would be assisted in transitioning to the new CFO if needed. He also... read more
