2014-10-17

Hot Picks of the Week Oct. 13-Oct. 17

Key developments this week: GTAT wind-down approved by U.S. court, company slashes 890 jobs. Indian Energy Ministry actively promotes LED bulbs, and plans to sell them for less than US $1 each in rural areas. Lextar board approves Cree NT $83 million (US $2.73 million) investment in company, company stocks to be sold at NT$ 30 per share. Nichia announces first global spokesperson to be based in Taipei, an interesting development for a company mostly involved in B2B operations.
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

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