LED Business News

Epistar Posts Highest Monthly Revenue Since April 2015

For September, LED chip and epitaxial wafer maker Epistar has posted consolidated revenues of NT$2.476 billion (US$81.6 million). This monthly revenue represents the highest monthly level since April 2015, according to Epistar and a DigiTimes article. The monthly revenue grew 6.15% sequentially and 12.77% over the same month of last …

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Siemens Sells Stake in Osram

170 year old German company Siemens AG is severing its ties to Osram. The company reported on Wednesday that is selling its 17.34% stake in lighting manufacturer Osram Licht AG.  Siemens said it plans to use the net proceeds from the sale of its Osram shareholding for general corporate purposes. …

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Seoul Lawsuit Alleges Archipelago Lighting Infringed Acrich Patents

Seoul Semiconductor Co., Ltd. reported that on Sept. 19, 2017, that it filed a patent infringement lawsuit with its affiliate, Seoul Viosys Co., Ltd., against Archipelago Lighting, Inc. in the U.S. District Court for the Central District of California. In its infringement complaint, Seoul alleges that Archipelago Lighting is selling …

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Light Polymers Licenses Patents from Cree to Use in its Soon-to-Launch, High-CRI Downlights

Light Polymers of San Francisco, California announced a patent license-agreement with Cree, a maker of lighting-class LEDs and LED Lighting based in Durham, North Carolina. Under the terms of the agreement, Cree has granted Light Polymers a royalty-bearing, non-exclusive patent license to use certain Cree patents for particular LED luminaires. …

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Flashlight Patent Dispute Settled Between Cree and Emson; Supply Agreement Reached

Cree, Inc. of Durham, North Carolina USA, reported that it has settled its patent infringement lawsuit with E. Mishan and Sons (“Emson”) related to flashlight LEDs. As part of the confidential settlement, Emson has also agreed to an exclusive supply agreement to buy Cree® high-power LEDs for its high-performance tactical …

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Apollo Completes Purchase of 80.1 Percent of Lumileds

Lumileds reported that funds affiliated with Apollo Global Management, LLC and its subsidiaries, and Royal Philips completed their previously disclosed transaction.In the deal, Philips agreed to sell 80.1 percent of Lumileds to Apollo and its subsidiaries. Lumileds develops, produces and distributes LED technology and advanced lighting products and employs over …

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Bridgelux Refutes Everlight Patent Lawsuit

Bridgelux has come out with a news release that refutes the claims of the Everlight patent infringement lawsuit against the company in the United States. According to Bridgelux, its 2835 surface mount device (SMD) products incorporate cutting-edge technology to provide unprecedented performance at competitive prices. Furthermore, Bridgelux says that its …

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Seoul Resolves Patent Lawsuit Against Kmart

Seoul Semiconductor Co., Ltd. and Seoul Viosys Co., Ltd. reported that they resolved patent litigation that the company filed against Kmart Corporation on behalf of Seoul and The Regents of the University of California. Seoul filed the patent case in U.S. Federal District Court. The case asserted infringement of eight …

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