2013-09-09

Philips to Make Up 45% of the Global Lighting Market by 2015

Philips Lighting (China) vice president and general manager Chandra Vaidyanathan in Guangzhou said that “by 2015, LED lighting will make up 45 percent of the global lighting market. This is especially true for China where proportions will be even bigger thanks to strong government promotion.”
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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