On Sep. 10, MLS announced that the company will spend RMB$ 180 million (US$ 278.2 million) to purchase stock in Kaistar Lighting with private fund, acquiring 10.91% of Kaistar’s shares.

Bridgelux announced a major expansion of its China operations, significantly increasing its investment and capabilities in China. To better serve its rapidly growing customer base in China, Bridgelux has opened a major R&D center in Xiamen dedicated to supporting the development and manufacture of new solid state lighting products, including extensions to its best in class V Series Chip-on-Board (COB) product line.  In addition, Bridgelux will be opening an applications lab in Shanghai’s Hongqiao district to assist its China customers with the design and enhancement of lamps and fixtures that integrate Bridgelux’s highly regarded LED light source products.

Bridgelux Inc., a leading developer and manufacturer of LED lighting technologies and solutions, announced that Kaistar Lighting (Xiamen) Co., Ltd. has agreed to invest $25 million in the company. Bridgelux will use the equity investment to further accelerate research, development, and production of LED chip and packaging technology for general illumination applications.   “The market for solid state lighting is expected to grow from $3 billion in 2011 to more than $25 billion in 2015,” said Bill Watkins, Bridgelux’s Chief Executive Officer. &ldq...