Lighting Industry News

Eaton's Cooper Lighting LED Percentage of Revenue at 45%

October 30, 2014: 7:36am
Sandy Cutler (Chairman, CEO):  As we look within those bookings, lighting continues to be an area of continued strength. Volume up some 19%. Our LED participation or percentage of percent of our total lighting revenue at 45%. Really leading the industry. Very pleased with that. Page 2 of Transcript.... Read More

Digital Lumens Secures $23M in Series C Funding

October 30, 2014: 7:33am
Boston-based intelligent lighting firm Digital Lumens announced Thursday it has landed $23 million in Series C funding.  That brings total funding to date for the company to $65 million.... Read More

China's NVC Founder Investigated for Embezzlement

October 30, 2014: 7:02am
Wu Changjiang, the founder of Hong Kong-listed NVC Lighting Holding, is being investigated for embezzlement by the police of Huizhou city in Guangdong.... Read More

Dennis Wells, Current CEO of LSI Industries, Appointed as President

October 30, 2014: 6:42am
CINCINNATI, Oct. 29, 2014 (GLOBE NEWSWIRE) -- LSI Industries Inc. (LYTS) today announced that Dennis W. Wells, Chief Executive Officer, was also appointed as President of LSI Industries Inc., a position previously held by Scott D. Ready... Read More

Eaton's Profit Beats Estimate on Higher Sales of Electrical Products

October 29, 2014: 7:01am
Oct 29 (Reuters) - Eaton Corp Plc, a maker of electrical and hydraulic systems, reported a better-than-expected quarterly profit, helped by higher sales of electrical products.... Read More

Cree Re-Launches A-Bulb at $7.97

October 28, 2014: 7:06am
Cree, Inc. (CREE) introduces the New Cree® LED Bulb, delivering superior light performance while looking just like an incandescent light bulb at an even more affordable price. Featuring a new innovative design, the New Cree LED Bulb provides the same cost savings and 25,000-hour lifetime that made the original Cree LED Bulb America’s best-selling LED bulb. Available as 40- and 60-watt replacem... Read More

Reuters: Samsung Scales Down LED Lighting as Outlook Dims

October 27, 2014: 7:52am
(Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Monday that it will cease its light emitting diode (LED) lighting business outside of South Korea, scaling back what was identified as a key growth business just four years ago.  Read more.  REWIND:  My Interview with then Senior VP of Samsung, Jaap Schlejen from 23 APR 2013.... Read More

Shuji Nakamura to Hold International Press Conference

October 27, 2014: 7:44am
2014 NOBEL PRIZE WINNER AND SORAA FOUNDER SHUJI NAKAMURA TO HOLD INTERNATIONAL MEDIA TELECONFERENCE  Fremont, Calif. – October 27, 2014 – Shuji Nakamura, winner of the 2014 Nobel Prize in Physics and founder of Soraa, the world leader in GaN on GaN™ LED technology, will hold a media teleconference on Wednesday, October 29 at 2:00 PM GMT.  Nakamura will discuss his Nobel Prize winning achi... Read More

Samsung Clarifies LED Exit

October 25, 2014: 10:42am
Late Friday, EdisonReport received the following statement from John Lucas, Sr. Mgr., Public Relations at Samsung: “We have decided to discontinue our LED lamp business in all markets, except Korea, so that we can focus more resources on our core business areas. We will remain active in the LED industry through our LED component business, and continue to provide high-quality products and servi... Read More

Hubbell Reports 3Q; Sales Increase 7%

October 24, 2014: 7:38am
SHELTON, CT.  (October 23, 2014) - Hubbell Incorporated (NYSE:  HUBA, HUBB) today reported operating results for the third quarter ended September 30, 2014. Net sales in the third quarter of 2014 were $895.3 million, an increase of 7% compared to the $835.9 million reported in the third quarter of 2013.  Operating income was $142.8 million, or 15.9% of net sales, compared to $151.6 million, o... Read More

Valmont Reports 3Q; Net Income Drops from $56.5M to $23.6M

October 24, 2014: 7:20am
OMAHA, Neb., Oct. 23, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, reported third quarter sales of $765.7 million compared with $778.0 million for the same period of 2013. Third quarter 2014 operating income was $87.8 million versus $109.9 mi... Read More

Introducing Glow-in-the-Dark Roads

October 24, 2014: 6:31am
Glowing Lines uses photo-luminescent paint to mark out the edges of the road, and is the first of five concepts to be realised from Dutch designer Daan Roosegaarde's Smart Highway project – designed to make highways safer while saving money and energy.  Read more. ... Read More

More Good News. UK Experts Announce that LEDs do NOT Cause Blindness

October 24, 2014: 6:25am
FEARS that "eco-friendly" LED lights may cause blindness have been played down by council chiefs. Read more.    Read more: Follow us: @DerbyTelegraph on Twitter | derbytelegraph on FacebookRead more at Read More

Game Changer. Cree's New LED XHP Claims to Lower Fixture Cost by 40%

October 23, 2014: 6:59am
One Extreme High Power LED does the work of 48 mid power LEDs.   Your humble editor participated in a private conference call with Cree to discuss their new XHP LEDs.   Cree is launching the SC5 Technology Platform which they claim will redefine high-power LEDs by doubling the lumen output of a single LED, giving luminaire manufacturers the flexibility to  build at a significantly lower cost.... Read More

Samsung, TSMC Solid State Lighting Reportedly to Quit LED Lighting Business

October 22, 2014: 12:43pm
Samsung Electronics will reportedly withdraw from the global LED lighting market due to low-price pressure from China-based makers, while Taiwan-based TSMC Solid State Lighting will reportedly cease operations, according to industry sources.... Read More

GE's Strainic, "As LED price points come down ... LED and CFL sales will equalize...probably by next year."

October 22, 2014: 8:52am
And because the bulbs are energy-sipping LEDs rather than CFLs, they use just 12 watts to produce as much light as an old 60-watt incandescent and can be dimmed as easily as an incandescent. They are rated to last more than 20 years. The new control system will accelerate the shift from CFL bulbs to LEDs, said John Strainic, global product general manager for GE Lighting. "As LED price points com... Read More

OSRAM Enters the Wireless Spectral Tuned Bulb Market

October 22, 2014: 8:47am
Osram’s Lightify lighting system brings lamps and luminaires controlled by smartphones into homes and offices. Lightify is now available for end users and professionals and for indoor and outdoor applications. It can be connected to products from other manufacturers thanks to open interfaces. “Lightify lets consumers exploit the wide-ranging possibilities of light – and that brings safety, w... Read More

Cheryl Johnson, R.I.P.

October 22, 2014: 8:42am
As a manufacturer's representative for W.J. Whatley Lighting Poles and King Luminaire, Johnson quickly developed a reputation as a tenacious business woman who cared about both her customers and the product she sold. Her personal commitment to her work can be seen along the roadways and neighborhoods of Oregon and Washington. She served on several national committees and was past-president of IES,... Read More

Cree Misses 1Q Forecast

October 22, 2014: 5:29am
DURHAM, N.C. (AP) _ Cree Inc. (CREE) on Tuesday reported earnings of $11.1 million in its fiscal first quarter. Read more. ... Read More