Lighting Industry News

DLC: Designed to Limit Competition or Designed to Limit ‘Crap’?

May 21, 2015: 7:49am
Now Updated with Video Links.  On 6 MAY, the EdisonReport hosted a panel discussion at the Marriott Marquis in New York to discuss DesignLights Consortium (DLC) and their affect on our industry.   Irina Rasputnis agreed to speak on behalf of the DLC.  Other panelists were Bob Smith, Eaton’s Cooper Lighting; Jerry Caroom, XtraLight; Jim Gaines, Philips Lighting; Mark Hand, Acuity Brands; and ... Read More

Philips Teams with Carrefour to Beam Coupons to Shoppers

May 21, 2015: 6:17am
AMSTERDAM (Reuters) - Philips has struck its first deal to sell lights with built-in technology that can track shoppers as they move through a grocery store, beaming pop-up coupons to their smartphones.... Read More

Philips Combines Lighting and Medical R&D at M.I.T.

May 20, 2015: 6:39am
As Philips separates their lighting business from their medical business worldwide, the two businesses are coming closer together in the Boston area.  Philips has announced a $25M collaboration with M.I.T. that will bring academic and company researchers together to work on health care and urban lighting technology.  Philips, headquartered in the Netherlands, will bring between 100 and 200 worke... Read More

TCP Reports Lower Revenue, Loss from Quarter

May 20, 2015: 6:26am
TCP reports a decrease in sales from $153M for the quarter ended 31 DEC 2014, to $98M for the quarter ended 31 MAR 2015.   Net income dropped from $2M to a loss of $1.2M for the same time period.  ... Read More

Market, Analysts Show Support for Cree RF Spinoff

May 20, 2015: 6:25am
Stock closed up nearly 6 percent Monday at $31.48 and inched up slightly in Tuesday morning's trading – though it’s still a far cry from the 52-week high of $53.33.... Read More

Introducing Ketra and Their $100 Bulb

May 19, 2015: 6:10am
However, these bulbs won’t come cheap. While commercial customers such as the MGM Grand, Tiffany’s in New York, and The Art Institute of Chicago are using Ketra’s lighting and don’t mind paying for the consistent lighting it provides, residential customers will pay about $1,000 per room to install the bulbs and the associated hardware required. And, each bulb costs between $100 and $125, s... Read More

Please Welcome the GAI to the CRI

May 18, 2015: 7:26pm
May 18, 2015: The LED industry is currently assessing the future of color standard by combining metrics like color rendering index (CRI) and gamut area index (GAI). The number of colors that are used to determine CRI’s ability of LEDs is also being assessed.... Read More

Cree to Spin-Off RF Business in IPO

May 18, 2015: 6:43am
DURHAM, N.C., May 18, 2015 — Cree, Inc. (Nasdaq: CREE) today announced that Cree’s wholly owned Power and RF subsidiary has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission for a potential initial public offering of the subsidiary’s Class A common stock. The type and number of shares of stock to be sold and the price range for t... Read More

Last Companies Standing in OLED Market

May 15, 2015: 9:08am
The OLED lighting market has consolidated in the past year. Panasonic has given up its OLED lighting manufacturing ambitions, despite being the record champion holder only a few years ago. Philips Lighting also recently gave up and sold its IP and assets to OLEDWorks, an American start-up with high ambitions for fully automated manufacturing of OED panels.... Read More

Bandit Lights Chairman has Home, Office Searched by FBI

May 15, 2015: 9:04am
KNOXVILLE, TENN. — The FBI and Knoxville police have searched the home and office of the chairman of an international lighting company. WBIR-TV (http://on.wbir.com/1JLIl4w ) reports the FBI Cyber Crimes Task Force and Knoxville police's Organized Crime Unit entered the home of Bandit Lites Chairman Michael Strickland on Thursday morning. The station also recorded images of police outside of Ba... Read More

Hubbell Lighting Adds 100 jobs in Christiansburg

May 13, 2015: 9:17pm
“The company’s Christiansburg operation has steadily increased its production and assembly of high-value LED products that continue to grow in demand,” Jones said.... Read More

DOLED Awards $8.2M

May 13, 2015: 2:58am
The Energy Department is funding nine research and development projects to support solid-state lighting (SSL) core technology research, product development and manufacturing. The projects will help accelerate the development of high-quality LED and organic light-emitting diode (OLED) products to reduce overall US energy consumption. DOE-funded R&D looks to increase the efficiency of today’... Read More

SEMILEDS Receives Delist Notice from NASDAQ

May 12, 2015: 3:22am
Listing Rule 5605(c)(2)(A) of The NASDAQ Stock Market requires that each listed company must have an audit committee of at least three members, each of whom, among other requirements, must be an "Independent Director" and meet the criteria for independence set forth in Rule 10A-3(b) under the Securities Exchange Act of 1934, as amended.  Read more.... Read More

Echelon Reports $1.4M Loss for Q1

May 12, 2015: 3:20am
SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (ELON) today announced financial results for the first quarter ended March 31, 2015. Q1 Revenues: $9.9 million Q1 GAAP Net Loss: $1.4 million; GAAP Net Loss per Share: $0.03 Q1 Non-GAAP Net Loss: $1.3 million; Non-GAAP Net Loss per Share: $0.03 Revenues, which consist of IIoT revenues only, were $9.9 million in the first quarter,... Read More

An Interview with Sam Sinai

May 12, 2015: 12:43am
I had the great pleasure interviewing Sam Sinai, CEO of DECO Lighting at LIGHTFAIR 2015 at the Deco Booth. He is a true entrepreneur, marketer, and inventor, who wants to shape and change the way lighting is viewed. He follows the foot steps of Elon Musk and Steve Jobs; and with his innovative thinking it's just a matter of time before he receives that kind of recognition in the industry.  Wat... Read More

IESNYC Lumen Awards--Sold Out

May 11, 2015: 2:06pm
Thursday, June 18, 6:00pmChelsea Piers, Pier 60, New York, NY Each year, the IESNYC welcomes approximately 700 leaders in lighting design, architecture, interior design, engineering and manufacturing, to the Lumen Gala — a celebratory evening at New York’s Chelsea Piers. Considered to be the most prestigious annual lighting event in the New York metropolitan area, this fun-filled evening fost... Read More

Shipments of LED Lighting Systems Are Expected to Exceed 4.1 Billion a Year by 2024

May 11, 2015: 1:50pm
A new report from Navigant Research analyzes the global market for light-emitting diode (LED) lamps and modules across all major space lighting uses, including global market forecasts for unit sales and revenue of LED lamps and modules through 2024. LED prices have declined to a point where this type of lighting is becoming the economical choice in almost every application. As such, the adoption ... Read More

The LIGHTFAIR Interviews

May 07, 2015: 8:48pm
Every year at LIGHTFAIR your humble editor sits down and interviews key industry leaders on-camera. Menko Deroos, Xicato Jim Benya, Benya Burnett Consultancy Sabu Krishnan, COO & President, Venture Lighting/ADLT Steve Brown, CEO of Bill Brown Sales & ALP Glenn Garbowicz, General Manager & Vice President, Hubbell Components Paul Tarricone, Editor & Publisher, LD+A, ... Read More

SATCO, Maxlite and Topaz State Lunera Lighting Lawsuit Without Merit

May 07, 2015: 1:56pm
Brentwood, NY, April 30, 2015, Lunera Lighting Inc. issued  a press release claiming to have filed a lawsuit naming seven defendants, including SATCO Products, Inc., Maxlite and Topaz Lighting Corporation. Based on available information, the lawsuit appears baseless. SATCO, Maxlite and Topaz are aware of allegations made by Lunera directly to the industry, including allegations that a ballast- c... Read More

Bloomberg's 'Terrible' Article: "Light Gives Us Life But Actually Is a Terrible Business"

May 07, 2015: 5:43am
Without light there is no life. Yet the two biggest companies that allow us to inhabit the hours from dusk to dawn can’t wait to try other businesses. Shareholders of market leader Royal Philips NV vote on Thursday on whether to spin off the lighting operations. Why? It all comes down to light-emitting diodes.  Read this terrible article here.... Read More