2015-10-08

Hot Picks of the Week Oct. 5-8

Clinching headlines this week, GE has announced it will be spinning off its new energy businesses including LED, solar energy, electric vehicle and energy storage into a separate entity. The new company will start off with US $1 billion financing and is expected to grow fivefold to US $5 billion in the next five years, according to a Bloomberg report.
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE