A surprising contender has emerged in the bid for Philips Lumileds and automotive lighting business this week. Chinese startup Lattice Power seems to have submitted a bid price, which the company CEO Min Wang appears to have indirectly admitted. At the moment, the odds seem to be in favor of private equity firms CVC and KKR, who are offering to buy 80% of the lighting component business for $2.7 billion.
Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ
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ALLOS Semiconductors of Germany and Ennostar Corporation of Taiwan today announced a strategic partnership to bring 200 mm GaN-on-Si (gallium nitride on silicon) LED epiwafers for microLED applications into volume production. This collaboration r... READ
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