2016-09-07

Osram to Shift Some Investments to IR LEDs for Iris-Scanning

Osram intends to transfer some of the funds it earmarked for a LED chip fab to making IR LEDs for iris-scanning applications as demands from bankers, smartphone makers and VR systems rise, a source familiar with the matter told Reuters.
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ams OSRAM and Traxon Lighting Ltd. officially announced the long-term extension of their strategic brand licensing partnership well into the next decade, reinforcing the continued presence of the OSRAM brand in key Asian markets. Several light... READ MORE

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 MORE