LED/Lighting Business News

Evolucia Inc. Opens Australia-New Zealand Headquarters in Hobart, Tasmania

Evolucia Inc. announced the establishment of Evolucia LDU Pty Limited, a wholly-owned Australian subsidiary of the Sarasota, Florida-based Evolucia Inc. Evolucia says that the the primary focus of the subsidiary is delivering high performing LED Aimed Optics™ Cobra Head roadway lighting for Australia, New Zealand and the Pacific Region’s public …

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Cooper Lighting Joins California Lighting Technology Center to Collaborate on New Energy-Efficient Research and Development Projects

Cooper Lighting of Peachtree City, Georgia announced that it has joined the California Lighting Technology Center (CLTC) as an affiliate partner. Cooper Lighting says it will collaborate with the Center and affiliates to spearhead projects that accelerate the deployment and commercialization of energy-efficient lighting and daylighting technologies. The CLTC is …

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Smart Lighting Market to Boom Between 2013 and 2018, According to Research and Markets

The smart lighting market is growing in a phenomenal way, according to Research and Markets. Research and Markets contends that the main drivers for this growth are the push for energy efficiency, development in electronics and sensor technology, eradication of incandescent lamps, favorable government policies, and evolution of novel wireless …

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Lighting Science Group Recalls 500,000 LED Bulbs Manufactured in 2010 and 2011 Due to Fire Hazard

In what appears to be the first situation of its type for LED lighting, Lighting Science Group Inc. of Satellite Beach, Florida USA, is voluntarily recalling 120-volt LED bulbs, sold as 6- or 8-watt bulbs (equivalent to 40- or 50-watts), according to the recall notice posted by the Consumer Product …

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Acuity Brands Acquires eldoLED, a Designer and Manufacturer of Intelligent Drive Solutions for LED-based Lighting

Acuity Brands, Inc. of Atlanta,Georgia USA, announced it has acquired eldoLAB Holding B.V., (“eldoLED”), a designer and manufacturer of intelligent drivers for LED-based lighting systems. Founded in 2003, eldoLED is a privately owned company headquartered in Eindhoven, the Netherlands. Terms of the acquisition were not disclosed. eldoLED offers a range …

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Osram Sells CFL Production Facility in Shaoxing, China

Osram has agreed to sell its production site in Shaoxing, China to Hong Kong- based company, Super Trend Lighting (Group) Limited. Details of the contract were not revealed. The transaction is expected to close in spring 2013. Osram mostly manufactures CFL lamps with some 2,000 employees in Shaoxing. Super Trend …

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ElectroniCast Says HB LED Driver IC Market to Grow by 27 percent Per Year Through 2019

Market research firm, ElectroniCast Consultants says that the worldwide total consumption value of HB-LED Driver ICs reached $1.79 billion in 2012. During the 2012-2019 timeline, the firm forecasts that the consumption value will grow at an average annual rate of 27 percent to $9.59 billion in the year 2019. These …

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Worldwide LED Component Market Grows 9%; Lighting Ranks First Among Application Segments, According to Strategies Unlimited

LED component revenue for lighting applications reached $3.11 billion in 2012, narrowly dethroning the Large Area Display Backlight segment at $3.06 billion, according to Strategies Unlimited. The $13.7 billion worldwide market for LED components is expected to grow to $16.4 billion in 2017, for a CAGR of 3.7%, Stategies Unlimited …

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A Leaner Bridgelux Showcases Products and Collaborates on Street Lighting

After the company’s ten year anniversary in December and the appointments of both a new CEO and chairman, Bridgelux has taken steps to be a leaner  and likely stronger company. According to our sources, Bridgelux of Livermore, California USA, apparently laid off about 50 employees before heading into the Strategies …

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