Lighting Industry News

TOGGLED Licenses Philips to TLED Patent Portfolio

January 23, 2015: 6:19am
TROY, Mich., Jan. 22, 2015 /PRNewswire/ -- TOGGLED, developer and producer of next-generation solid-state lighting technology, reported today that Koninklijke Philips N.V. (NYSE: PHG; AEX: PHIA) is now a licensee to its patent portfolio of over 60 patents primarily related to LED replacements for fluorescent tubes, commonly referred to as TLEDs.  The license agreement resolves all patent litiga... Read More

GE Beats 4Q Estimates

January 23, 2015: 6:16am
(Reuters) - General Electric Co's (GE.N) quarterly earnings topped Wall Street's estimate on Friday as its business of selling power-generating turbines drove a 9 percent increase in industrial profit despite weak sales in its oil and gas unit.... Read More

Mariners Become First MLB Team to Install LED Lighting

January 22, 2015: 7:51am
According to MLB.com, the Mariners will become the first MLB franchise to illuminate their stadium with LED (light emitting diode), which they say will reduce glare and shadows on the field and create a better all-around experience for everybody concerned, including home viewers.... Read More

IKEA to Help Light Refugee Camps

January 22, 2015: 7:49am
CONSHOHOCKEN, PA--(Marketwired - January 21, 2015) - The Brighter Lives for Refugees campaign returns to make a difference and create a better everyday life for the many refugees living around the world. Starting February 1 and running till March 29, 2015, for every LED light bulb purchased in IKEA stores, the IKEA Foundation will donate one euro ($1.16 *) to help UNHCR light refugee camps -- mak... Read More

Cree Beats Estimate; Stock Soars; Offers Strong Outlook

January 21, 2015: 7:55am
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (CREE), a market leader in LED lighting, today announced revenue of $413.2 million for its second quarter of fiscal 2015, ended December 28, 2014, which is similar to revenue of $415.1 million reported for the second quarter of fiscal 2014. GAAP net income for the second quarter was $12.2 million, or $0.10 per diluted share, a decrease of 66% year-over-ye... Read More

Global LED Lighting Market to See 45% CAGR: $63 Billion in Value by 2020

January 21, 2015: 7:44am
DALLAS, January 20, 2015 /PRNewswire/ --ReportsnReports.com adds LED lighting market research reports with global forecasts to 2020 and regional (North America, Brazil, Japan, etc) industry forecasts to 2019 to its online business intelligence library. Frequent product introductions have characterized the LED lighting industry. There is a highly competitive pricing environment with the curren... Read More

Philips Shares Rise on Rumor

January 20, 2015: 7:57am
On 16 JAN, EdisonReport first reported the rumor that KKR and CVC, among others, may make a joint bid for a portion of Philips Lighting.   To our knowledge, we were the first to report the rumor.  Now, Het Financieele Dagblad, has reported on the KKR/CVC potential acquisition and Philips stock has jumped to a nine-month high.   Read more.... Read More

Panasonic Files Patent for Wireless Lighting

January 19, 2015: 8:53am
Panasonic has filed a patent for a system of wireless power charging designed to provide a power supply for a lighting apparatus, which is titled Wireless Power Supply System for Lighting and Lighting Apparatus. The wireless power supply system  has a power reception unit comprised of a power reception coil which receives electric power as well as a power circuit which performs a Buck-Boost oper... Read More

The Wizard of LED, Jim Brodrick, Announces DOLED to Fund $125 MILLION DOLLARS for LED Research

January 16, 2015: 11:12am
DOE Advanced Research Projects Agency Issues $125 Million Funding Opportunity The U.S. Department of Energy's Advanced Research Projects Agency (ARPA-E) has announced an open funding opportunity for up to $125 million, OPEN 2015, that may be of interest to the solid-state lighting community. OPEN 2015 will support energy research and development projects from top U.S. innovators for game-changing... Read More

Philips Lighting Divestiture Update

January 16, 2015: 10:23am
EdisonReport, along with the rest of the world, has reported for months on the Philips' plan to divest its 124-year-old lighting business.  ‘Independence’ is the word that Philips uses to describe their divestiture.   Today, we learn a little about what that independence may look like. As we understand it, Philips Lighting is divesting two of its business units very soon, as soon as Februa... Read More

Cree Gets Connected for $14.97

January 15, 2015: 7:30am
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (CREE) introduces the Connected Cree® LED Bulb, the first smart LED bulb to deliver the combination of the lighting experience customers expect from Cree with industry-leading simplicity, multi-platform compatibility and affordability. The new 60-watt replacement Connected Cree LED Bulb is compatible with Wink and ZigBee® certified hubs and is availabl... Read More

Hubbell Joins The Connected Lighting Alliance (CLA)

January 15, 2015: 7:17am
Hubbell Building Automation (HBA), Greenville, S.C., part of Hubbell Lighting, has become a member of The Connected Lighting Alliance (CLA), an open standards group for networked lighting systems.... Read More

The Irony of the Cree-Feit IP Suit

January 13, 2015: 11:48am
We spoke to Greg Merrit, VP Marketing and Public Affairs at Cree, about the IP litigation against Feit and Unity Opto.  Greg confirmed that several of the ten patent violations are related to omnidirectional light distribution.  In addition, Cree is suing Feit for false claims that some of Feit’s bulbs, which carry the ENERGY STAR label, fail performance requirements such as omnidirectional li... Read More

Cree Sues Feit for Patent Infringement and for False Energy Star Claim

January 12, 2015: 6:21pm
Files Lawsuits at U.S. International Trade Commission and U.S. District Court for the Western District of Wisconsin DURHAM, NC -- Cree, Inc. (Nasdaq: CREE) has filed complaints with the U.S. International Trade Commission (ITC) and the U.S. District Court for the Western District of Wisconsin against Feit Electric Company, Inc. and its Asian supplier, Unity Opto Technology Co., Ltd., to curb inf... Read More

Hooked on the Hue; Wife is Happy

January 12, 2015: 8:01am
It was time for a lighting upgrade at home.  Before I left for the store my wife sweetly suggested for me not to come home with any of those "horrendous compact swirly thingys" that take forever to warm up and make her look bad.  Being an early adopter for all things lighting, my family has had to suffer through many trials and errors including the magnetically ballasted CFLs (flicker, flicker, ... Read More

IES SALC Call for Speakers Deadline: 14 JAN 2015

January 12, 2015: 7:33am
The IES Street and Area Lighting Conference attracts a broad spectrum of attendees with a primary focus of improving outdoor lighting. The conference program provides outdoor lighting training classes, seminars, networking sessions and an exhibit hall. Attendees come from across the country and internationally representing utilities, minicipalities, DOT's, consulting and engineering firms, researc... Read More

Automotive LED to Grow 25% by 2019

January 11, 2015: 6:17pm
DALLAS, Jan. 9, 2015 /PRNewswire-iReach/ -- The key trend upcoming in this market is the increased use of LED headlamps. LED headlamps increase occupant safety as they are powerful and provide constant high-light quality, which allows for illumination at longer distances. These headlamps also reduce energy consumption and improve the esthetic appeal of vehicles.... Read More

Acuity Brands Jumps 10% on Strong Quarter

January 11, 2015: 5:57pm
NEW YORK (TheStreet) -- Acuity Brands (AYI) shares are up 8.16% to $153.59 in early market trading on Friday following the release of the industrial and residential LED lighting solutions provider's first quarter earnings results before the opening bell today.... Read More

Acuity Brands Posts Record Quarter. Sales up 13%, OP up 12%. $10M Charge for Realignment

January 09, 2015: 7:54am
ATLANTA, Jan. 9, 2015 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (AYI) ("Company") today announced record first quarter net sales, net income, and diluted earnings per share ("EPS"). Fiscal 2015 first quarter net sales of $647.4 million increased $72.7 million, or 13 percent, compared with the year-ago period. Net income for the first quarter of fiscal 2015 was $51.1 million, an increase of 15 perc... Read More

China's Queen of Lighting is a Billionaire

January 09, 2015: 7:49am
There was 'gold in them thar hills' in 1849 America. Fast forward to 2015, head to China, replace 'hills' with 'LEDs', and say hello to at least one person who appears to be mining a fortune from the future of lighting: Ma Xiuhui, CEO of Shanghai-based global lighting wunderkind and LED specialist Opple Lighting.  Read more.... Read More