San’an Optoelectronics Co., Ltd. based in Xiamen, China reported that it has granted exclusive licenses to the U.S. patents of an LED patent portfolio it recently acquired from Sharp Corporation (Sharp Kabushiki Kaisha of Japan) to its subsidiary, Luminus Devices, Inc, which San’an purchased in June of 2013. The patent …
LED Business News
ROM Elektronik to Distribute Plessey Products in Turkey
Plessey Semiconductors of Plymouth, England, reported that ROM Electronik Ltd., an electronics distributor with headquartered close to Istanbul, has agreed to distribute its products in Turkey. The agreement will expand the company’s European distribution network for its GaN-on-Silicon LED products into the Turkish market. Plessey employs its MaGIC™ (Manufactured on …
SparkFund Partners with LumiGrow to Offer No UpFront Cost Payment Plans for Horticultural Lighting System Upgrades
LumiGrow has partnered with Sparkfund to offer financing for horticultural lighting upgrades with no upfront cost. LumiGrow integrated the SparkFund calculator into its website to let potential customers calculate and visualize savings and positive cash flow from its LED-based horticultural lighting and make a payment plan that will work for …
STG Aerospace, an Aircraft Cabin Lighting Company, Opens Subsidiary in China
STG Aerospace, a pioneer in aircraft lighting technologies, announced that it has established an official presence in China. The company officially launched its Wholly Foreign Owned Enterprise (WFOE), STG Aerospace (China) Co., Ltd. based in Shanghai because of the importance of China as a market. According to a forecast in …
Agressive Expansion Plans of Chinese Companies to Drive Surge in MOCVD System Purchases, According to IHS
IHS forecasts that a total of about 220 GaN MOCVD reactors will be installed in 2015. According to the latest data in the IHS LED Intelligence Service, the aggressive expansion plans of some Chinese LED companies will drive this surge in MOCVD system orders. The company points out that this new …
Philips to Sell Majority Interest in Combined LED Components and Automotive Lighting Businesses to Chinese Investment Consortium
According to a Royal Philips announcement, a consortium led by GO Scale Capital has agreed to purchase 80.1% of the combined LED components and automotive lighting business from Royal Philips. Philips will retain the remaining 19.9% and will receive about USD $2.8 billion in compensation for the transaction before taxes …
