2014-04-28

CLSA: Three Catalysts Contribute to Rapid Increase in LED Penetration Rate

The LED lighting market has seen a boom in growth starting in the last half of 2013. Rapid growth is attributed to price drops, government policies, and rising cost in power usage, according to investment group CLSA. These three catalysts are anticipated to drive up LED lighting penetration rate from 20 percent in 2013 to 44 percent by 2016.
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Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE

Nichia, a global leader in LED and laser diode technology, will present a broad portfolio of automotive technologies at SIA VISION 2026, taking place on September 23–24 at Les Pyramides in Le Port-Marly, France. On Stand 36, Nichia plans... READ MORE