Taiwan LED manufacturer, Epistar, reports that the company has chosen to merge four wholly-owned offshore subsidiaries to streamline group structure. Specifically, Epistar announced that it is merging four off-shore investment holding companies, Epistar JV Holding (BVI) Co., Ltd., UEC Investment Ltd., HUGA Holding (BVI) Limited, and Bee Rich Corporation. Epistar …
LED/SSL Financial News
Seoul Semiconductor to Construct Facility with LED Production Line in Vietnam
Seoul Semiconductor has plans to build an LED and semiconductor production facility in Northern Vietnam, according to the Yonhap News Agency. The company has won a license to invest US$300 million in the construction of the 750,000-square-meter facility. Last week, the provincial government of the Ha Nam province agreed to …
on August 12, 2016 in LED Chips, Phosphors, Optics, Drivers, LED/SSL Financial News, Latest News, LED Business News
Cree to Sell Wolfspeed Division to Infineon
Durham, North Carolina-based Cree Inc. has agreed to sell Wolfspeed to Infineon Technologies AG. Wolfspeed, which is based in Research Triangle Park, North Carolina, also holds Cree’s SiC wafer substrate business for power and RF power devices. Infineon will pay Cree about $850 million (approximately Euro 740 million) in the planned …
Only Lumileds Improved Revenue and Rank in 2015 Packaged LED Market, IHS says
IHS Technology says vendors of packaged LEDs faced tough competition in 2015. IHS cites the stronger US dollar in 2015 as part of the reason packaged LED revenue fell so much last year. IHS says that Lumileds was the only LED producer among the top 10 to record positive growth …
U.S. DOE Awards Grants for Six SBIR STTR Proposals for Advancing SSL Technology
The U.S. Department of Energy has awarded grants for six Small Business Innovation Research (SBIR)-Small Business Technology Transfer (STTR) proposals focused on advancing solid-state lighting (SSL) technology. The new SBIR-STTR FY16 Phase I Release 1 awards will go towards examining the technological benefits and commercial feasibility of an innovative concept …
Philips Sale of Lumileds to Go Scale Capital Fails U.S. Regulatory Approval
Royal Philips (Philips) of Amsterdam, the Netherlands announced that the company and Chinese investment firm GO Scale Capital have terminated the agreement for GO Scale Capital to acquire an 80.1% interest in Lumileds. Last year Philips agreed to the sale of the Lumileds business, which produces LEDs and automotive lighting. …
Tridonic Sells LED Signage Business to AgiLight
Tridonic GmbH & Co KG, part of the Zumtobel Group and a producer of LED lighting components and systems based in Dornbirn, Germany, has sold its LED signage business to U.S.A.-based AgiLight Inc. The signage business sale takes the form of an asset deal. The companies did not disclose the …
U.S. Regulators Stall GO Scale Capital’s Acquisition of Lumileds
U.S. regulators have stalled Royal Philips sale of Lumileds, Philips’ LED component and automotive lighting producing subsidiary, to Chinese investment company GO Scale Capital. The news of the regulatory setback comes from Philips earnings statement and a Bloomberg article. The $2.8 billion sale of 80.1 percent of the US and …
on October 26, 2015 in Single and Multi-chip Packaged LEDs, LED/SSL Financial News, LED Business News, LEDs for automotive applications
Market for LEDs Used in Lighting Compatible with Night Vision Imaging Systems
Market research firm, ElectroniCast Consultants, has predicted that the global consumption of LEDs used in lighting that is compatible with Night Vision Imaging Systems (NVIS) will reach $178 million in 2021. The forecast is in the company’s recently released report forecasting the future market for LEDs in NVIS compatible lighting …
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 …
on April 1, 2015 in LED/SSL Financial News, LED Materials (GaN, GaAs, etc.) and Equipment, Latest News, LED Business News
