2018-11-07

GE to Sell Current to American Industrial Partners

General Electric (GE) has begun organization restructure and unveiled the intention to sell its lighting business since a year ago. In July 2018, the company has scheduled the selling plan to be in the end of the year. Finally, GE announced on November 6th that it has signed a proposed agreement to sell its Current, powered by GE business to American Industrial Partner (AIP)
Continue reading
2018-10-26

Signify Announces the Financial Results of 3Q18

Signify has reported its results for the third quarter of 2018. The sales for 3Q18 came to EUR 1.6 billion (US$ 1.82 billion), with an on-year drop of 5.3 percent. The sales of LED-based products represented 70% of total sales and grew by 0.1% compared to 3Q17. Its net income was EUR 93 million (US$ 105.85 million), which dropped by 15.1% YoY.
Continue reading
2015-08-12

Finding New LED Lighting Business Opportunities in Thailand at Upcoming EcoLight Tech Asia 2015

Soaring LED lighting penetration rates, followed by the maturation of LED lighting technology. Although, market demands have soared, LED lighting demand growth in mature markets have eased, due to intense pricing competitions. As a result, LED manufacturers are turning their focus to emerging markets including the establishment of ASEAN Economic Community in Southeast Asia later this year, and China’s recent One Belt, One Road policies have driven large scale infrastructure investments. This has placed LED lighting market demands under the market lime light.
Continue reading
2015-05-19

After a 5-year Uphill Struggle Absen Quits LED Lighting Sector

No manufacturer wants to easily give up on the lighting sector because of the bright prospects ahead. Yet, Absen a Chinese LED manufacturer that previously heavily invested in the LED lighting sector decided to put a stop to bleeding losses, and terminate investments in the LED lighting businesses.
Continue reading
2014-04-30

Panasonic Lighting Business Profits After Three Straight Years of Loss

Panasonic released their fiscal 2013 financial report on April 28, 2014, which recorded the company’s financial performance up to March 31, 2014. The company had a turn around after three consecutive years of losses. Net profit reached JPY 120.4 billion (US $1.18 billion). 
Continue reading

The prior blog titled “Nichia’s contribution to a realization of a mercury-free society” took a short break. However, there was a release about new LED-based water disinfection devices made by Miura Co., Ltd., a Japanese manu... READ MORE

Violumas aims to provide the best variety of high-performance UVA, UVB, and UVC LEDs, encapsulated with the highest quality fused silica optics. The wide selection of beam angles (30°, 60°, 90°, 120°, and 135°) allows Violu... READ MORE