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.
According to relevant media reports, Apple will use the Micro LED screen on the iPhone in the future to get rid of the dependence on Samsung OLED screen. For Apple’s demand, as an Apple supplier, Hon Hai, an electronics foundry in Taiwan, is also... 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
Osram today announced its second quarter earnings for the 2019 fiscal year. During the reporting period, the company’s performance was in line with expectations. The revenue from January to the end of March was 862 million euros, down 13.5% year-on-year. Adjusted EBITDA margin (earnings... 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
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
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
Canadian innovation company VueReal Inc. announced that its patent-pending self-alignment technology will result in a powerful and productive microdisplay production. VueReal will begin receiving orders for its product samples in June 2019. At present, the integration of Micro LEDs with high resolution is hindered by... read more
South Korea’s Samsung’s digital division SDS and British smart streetlight and Internet of Things (IoT) data acquisition system developer Telessa announced that the two sides are cooperating on smart city projects. This is the first collaboration between Samsung SDS and Telessa. The two companies are... 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
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
