The UV LED market has reportedly boomed since 2008 as UV LEDs have taken over the UV curing business from incumbent technologies including mercury lamps. From 2008 through 2014 the UV LED market exploded at a compound annual growth rate of 28.5 percent from about $20 Million to about $90 …
LED/SSL Financial News
China LED Chip Production to Soon Exceed Taiwan’s for First Time
China’s production value of LED chips is expected to exceed Taiwan’s for the first time in 2015 or 2016, according to a Digitimes article that cited Taiwan industry sources. The article noted that while some China-based LED chipmakers withdrew from the market, larger ones including HC SemiTek, San’an Optoelectronics, Aucksun, …
COB LED Market to Nearly Triple from 2014 through 2020, According to Strategies Unlimited
Strategies Unlimited latest report about the COB LED market predicts that the market for COB LEDs will grow from $1.54 billion in 2014 to 4.35 billion in 2020. The research firm also predicts that the COB LED market will grow by 40 percent in 2015 compared to 2014. The company …
Azerbaijan to Mass Produce LEDs with Help of LG
The country of Azerbaijan plans to develop LED chip production domestically with the help of LG, according to an article in Azernews. Azerbaijan’s State Fund for Development of Information Technologies reported that it plans to finance the development of LED production in 2015. Over $7 million will go towards working …
Sumitomo Licenses OLED Patents from Universal Display
Universal Display Corporation of Ewing, New Jersey USA, and Sumitomo Chemical Company, Ltd. of Japan have signed a new OLED Technology License Agreement. Under the agreement, Universal Display has granted Sumitomo Chemical non-exclusive license rights, for various patents that Universal Display owns or controls. The license agreement gives Sumitomo, the …
on January 22, 2015 in LED/SSL Financial News, OLED Equipment/Materials - CS/SSLnet, Organic LEDs (OLEDs)
Nichia and Mitsubishi Chemical Reach Patent Cross-Licensing Agreement Related to Red Phosphor for White LEDs
Nichia Corporation, Citizen Electronics Co., Ltd., Mitsubishi Chemical Corporation, and National Institute for Materials Science, reported that Nichia and MCC have concluded a cross-licensing agreement for patents related to nitride-type red phosphor, which is frequently used in white LEDs. The conventional white LED using a yellow phosphor has been available …
pureLiFi Raises £1.5 million in Latest Funding Round
pureLiFi of Edinburg, UK, has raised £1.5 million in its latest round of investment. The 2012 University of Edinburgh spin-out is currently valued at over £14 million. The company says that a VC funding round is on-going, and additional funding announcements are expected during the second half of 2015. The …
Group of Athletes Create LED-lighting Device and Phone App to Train Swimmers
In another novel LED application, a group of athletes has created a device to help swimmers pace themselves in the pool. The unique device uses a water-proof, underwater string of LED lights. The line of 42 LED lights is laid across the bottom of the pool. Versions of the device …
Epistar to Acquire 94% of TSMC SSL
Epistar Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC ) announced that both companies’ Board of Directors have approved the sale of TSMC Solid State Lighting (TSMC SSL) shares to Epistar. Under the terms of the acquisition agreement, Epistar will acquire all shares of TSMC SSL held by TSMC and its …
Over 100 China-based LED packaging Firms to Go Out of Business in 2014
More than 100 relatively small China-based LED packagers will be forced out of business in 2014, and the number is expected to increase to over 300 in 2015, a Digitimes article indicated. Economies of scale have also made the larger China-based LED packaging firms more competitive compared to smaller ones. …
