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.
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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