2015-12-25

Hot Picks of the Week Dec. 21-25

During the Christmas season this year, the Japanese government announced plans of raising LED lighting market penetration as part of its global warming prevention strategies. Siemens announced shortly before the holidays that it had not known about Osram’s plan to invest in white LED chip manufacturing, and was unsupportive of the decision. In the automotive lighting sector, Audi expanded its advanced lighting options. LEDinside has also projected the car lighting market will reach US $2.29 billion by 2020. For further details about industry developments this week please see below.
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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