A Signifycant Issue with LiFi

October 17

LiFi is a wireless optical networking technology that uses LEDs for data transmission. It is essentially a way to receive wireless Internet that is different from Wi-Fi. LiFi acquired its name due to the similarity to Wi-Fi, only using light frequency instead of radio frequency.   Dr. Harald Haas first coined the term in a TEDRead more

Cree Beats Estimate–LED Products up 2%, Lighting Products Down 10%

October 17

Cree, Inc. (CREE) today announced financial results for its first quarter of fiscal 2019, ended September 23, 2018. Revenue for the first quarter of fiscal 2019 was $408 million, which represents a 13% increase compared to revenue of $360 million for the first quarter of fiscal 2018. GAAP net loss for the first quarter of fiscalRead more

Happy Birthday GE

October 17

On Oct. 15, 1878, Thomas Edison founded Edison Electric Light Co. — a firm that would later morph into the now-struggling General Electric Company (NYSE: GE). Where Was The Market The S&P 500 traded around $3.48, and the Dow wasn’t established for another seven years. What Else Was Going On In The World Germany was aboutRead more

EXCLUSIVE: Lumenpulse Group Acquires Sternberg Lighting

October 16

EXCLUSIVE. MUST CREDIT EDISONREPORT.  Lumenpulse Group, a leader in high-performance, specification-grade LED lighting solutions, announced today that it has acquired 80% of the equity interest of Sternberg Lighting, an Illinois-based employee-owned manufacturer of architectural outdoor and area LED lighting solutions. The strong, employee ownership of the company will continue, with 20% of the equity stayingRead more

LuxReview: Fagerhult to Buy iGuzzini

October 16

The ambitious Swedish group signed a letter of intent this morning with the shareholders of iGuzzini to acquire 100 per cent of the shares of the company. No financial details have been disclosed. Fagerhult now has exclusivity to conduct due diligence on the firm – an investigation into its books – and is targeting signing aRead more

Reserve Event Space for Your Meetings & Events at LIGHTFAIR

October 12

PHILADELPHIA | PRE-CONFERENCE MAY 19-20 | TRADE SHOW & CONFERENCE MAY 21-23   Reserve Event Space for Your Meetings & Events at LIGHTFAIR Host your executive level meeting, private meeting, sales meetings, press conferences and private product demonstrations in one of the meeting rooms at the Pennsylvania Convention Center during LIGHTFAIR. This is an exclusiveRead more

Seoul Semiconductor Alleges Private Information Theft and Industrial Espionage by Former Employees and Rival

October 11

Seoul Semiconductor, a leading LED manufacturer, has asked Korean police to find and detain a former managing director and his two subordinates on suspicion of delivering sensitive LED design information to a major industry competitor, Everlight Electronics in Taiwan. The technology at issue was for automotive lighting, a premier, higher-margin segment of the general LEDRead more