11 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
09 May
American commercial lighting company H. E. Williams, Inc. is pleased to announce the acquisition of Platformatics, Inc., a US-based network-based systems provider.
E. Williams, Inc. is a third-generation family-owned company founded in 1921. Lighting products are widely used in education, healthcare facilities, hotels, corporate and... read more
18 May
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
16 May
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
08 May
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
15 May
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
13 May
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
10 May
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
19 Apr
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
08 May
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