2024-12-27

[News] Chinese Company Cancels $400M BMW Mini LED Backlight Project

On December 20th, Shenzhen Longli Technology Co., Ltd. (hereinafter referred to as “Longli”) issued an announcement regarding a significant contract update. The company stated that it recently held further discussions with Germany’s Bosch regarding a previously signed agreement to supply automotive Mini LED backlight display modules for a BMW project from 2025 to 2033. As a result of these discussions, the decision was made to terminate the “Long-Term Contract.” Longli explained that the contract was an international long-term agreem...
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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