Lighting Industry News

Philips CEO Denies Rumors of One Big Sale

January 27, 2015: 8:20am
EdisonReport and Het Financieele Dagblad have been reporting on the sale and spinoff of Philips Lighting.  Today, the Philips CEO, Frans van Houten, ruled out a combined lighting and components sale. ... Read More

Philips Profit Drops; Lighting Sales Slide 3%

January 27, 2015: 7:00am
Lighting sales fell 3 percent year-on-year, as a 14 percent fall in sales of traditional incandescent bulbs outweighed a 20 percent increase sales of in high-margin LED lights. ($1 = 0.8909 euros)   Read more. ... Read More

It's Happening. Ohio Bridge Goes Dark as Replacement HID Lamps are Obsolete.

January 27, 2015: 6:17am
Editor's Note:  We can assume these are mercury vapor lamps, but the story does not specifically mention the lamp type.  Both the city and the utility say it's not as easy as changing a light bulb. Both Mon Power and American Electric Power own lights on the bridge. But the utilities say that's not what's holding up replacing the lights, which were put in back in 1995.  Watch the video.... Read More

Strategies Unlimited Forecasts COB LED Market to Grow to $4.4B in 2020

January 26, 2015: 8:16am
Mountain View, CA — Strategies Unlimited has released its latest market research report, The World Market for COB LEDs in General Lighting, which covers the market for LED COBs and Multichip Array COBs.... Read More

SuperBowl Lights Capable of Dimming

January 26, 2015: 8:10am
Super Bowl XLIX is more than the New England Patriots and Seattle Seahawks playing for the Vince Lombardi Trophy under the bright lights in Glendale.  It also happens to be about the lights as well.... Read More

Epistar Rebounds; Reports 15% Growth

January 26, 2015: 8:04am
After months of revenue declines, Epistar’s sales last month rebounded by 15 percent monthly to NT$2.02 billion (US$64.62 million) on rush orders from flat-panel backlight units and general lighting products, Hung said.... Read More

Layoffs at Cree

January 26, 2015: 7:29am
An "unforeseeable circumstance" with a client has a Durham-based recruiting firm laying off 319 employees on its behalf. The client is Durham-based LED giant Cree(Nasdaq: CREE).... Read More

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, 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/ 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