2013-12-02

Lextar Utilization Rate Drops in 4Q Low Season

As the LED industry enters the traditionally low 4Q season, Taiwanese manufacturer Lextar LED backlight and lighting business eased, with utilization rates reduced to 60-70 percent. Order visibility is around one month and less than one month for the company’s lighting business.
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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