2014-06-30

Zumtobel Reports Soaring LED Revenue Growth for 2013

For the Zumtobel Group the 2013/14 financial year was marked by the fundamental redirection of the international lighting group. In a phase of dynamic change, particularly with regard to the technology shift to LEDs, the Group’s new CEO Ulrich Schumacher, who took office on 1 October 2013, has chosen to focus on a consistent multi-brand strategy, intensive collaboration within the Group and flat, efficient organisational structures. The new structures that were implemented on 1 December 2013 support the stronger entrepreneurial management of the Zumtobel Group, the optimal utilisation of production and sales synergies and the strengthening of the Group’s innovative power.
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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