Lighting Industry News

TCP Settles Dispute

August 04, 2015: 3:37pm
On July 28, 2015, TCP International Holdings Ltd. (the "Company") and Ms. Laura Hauser entered into an agreement to settle all disputes between them, including the outstanding litigation brought by Ms. Hauser against the Company and its former Chief Executive Officer, Ellis Yan, through private mediation. As part of the settlement, Ms. Hauser will receive $3.9 million in cash, which is expected to... Read More

It's Clear Now. Mark McClear is Leaving the Industry

August 04, 2015: 2:47pm
EdisonReport can confirm that Mark McClear, Vice President of Global Sales at Cree, is leaving the company and leaving the industry. Friday is his last day. Mark has accepted a position as the Chief Operating Officer at Phononic, a startup based in Raleigh Durham.  Phononic is involved in making chips that create refrigeration. ... Read More

NEEP to Spin Off DLC

August 03, 2015: 6:57pm
EXCLUSIVE.  MUST CREDIT EDISONREPORT.  The Annual DLC Stakeholders Meeting is being held at the luxurious Ritz Carlton in Washington DC, where they serve Obama cookies with white and dark chocolate chips.   We have learned that on Wednesday, Tina Halfpenny, the Director of DesignLights Consortium, will announce that DLC will be spun off or spun out from under NEEP.  Presently, DLC accounts fo... Read More

Financial Times Article: Legacy Products. Cash Cow with a "Long Golden Tail"

August 03, 2015: 3:44am
“Lighting is becoming a high-tech infrastructure business,” GE told investors in February. For example, it is trialling intelligent street lights in San Diego that are able to identify vacant parking spaces. Although sales of traditional light bulbs are in structural decline, the market remains profitable because there is so little competition. The incumbents therefore talk about a “long”... Read More

Dripping Springs, TX Earns Highest Dark Sky Rating

August 03, 2015: 3:29am
Dripping Springs' rules have become a model for Fort Bend County's fast-growing Fulshear. The county already regulates lighting in unincorporated areas for the benefit of the George Observatory at Brazos Bend State Park, southwest of Houston. But the rules have had limited effect, if any, because of booming development and lackluster enforcement.... Read More

Audi to Launch OLEDs at Frankfurt Show

August 03, 2015: 2:55am
It seems that just about every car offers some sort of exterior LED lighting these days, and the trick laser headlights are already on the roads in Europe, but Audi is getting ready to debut an even more advanced lighting technology this fall at the Frankfurt Motor Show. As the self-proclaimed “leading brand in automotive lighting technology,” Audi will show off its Matrix OLED (organic ... Read More

Lamp Runs for 8 hours on Water and Salt

July 31, 2015: 10:49am
A new cost effective lamp that burns for eight hours at a time, running on nothing but a glass of water and two tablespoons of salt has been developed by a start-up in the Philippines.... Read More

19 Percent Of Transportation Lamp Revenue Is LED

July 31, 2015: 10:45am
LED lighting is forecast to reach 19 percent of total lamp revenue in transportation lighting in 2015, according to the latest projections by IHS, Inc. The total worldwide revenue for office lamps is projected to reach $1.0 billion in 2015, of which $0.2 billion is anticipated to be LED. LED, which is increasing its market penetration, generally has a high initial installation cost, but lower mai... Read More

Eaton Announces $145M Restructuring; Asks Some Employees to take Unpaid Time Off

July 30, 2015: 2:44am
The company also announced it is implementing a restructuring program, intended to cut $145 million from its cost structure. That will include some unpaid time off for many of Eaton’s managers. “Eaton has asked its mid-level salaried employees and above around the world — including senior management — to take a one-week, unpaid leave of absence where legally allowed in the third quarter t... Read More

UK Study: Less Lighting has No Effect on Crime or Collisions

July 29, 2015: 1:55pm
Researchers analysed 14 years of data from 62 councils in England and Wales which had tried strategies such as permanently switching off lights or dimming them.  They said the findings could help save money and reduce carbon emissions.... Read More

Eaton Beats Estimates; Sales for the Electrical Products Down 3% from 2014

July 29, 2015: 6:08am
Power management company Eaton Corporation plc (ETN) today announced that operating earnings per share, which exclude charges of $0.02 per share to integrate recent acquisitions, were $1.16 for the second quarter of 2015, up 5 percent over the second quarter of 2014, adjusted for the Aerospace divestitures and the litigation settlements recorded in the second quarter of 2014. Sales in the second q... Read More

Philips Teams Up with Silicon Valley’s Plug and Play Tech Center

July 28, 2015: 6:45am
Royal Philips has announced that the company, and specifically Philips Lighting, will seek to collaborate with forward thinkers in the technology industry on Internet of Things (IoT) technology via a new relationship with the Plug and Play Tech Center based in California's Silicon Valley. The Wireless Broadband Alliance (WBA), the industry association behind Wi-Fi wireless networking, has announ... Read More

A.L.P. Lighting Components Purchases Selected Assets of Reflek Manufacturing

July 27, 2015: 2:14pm
On Friday, July 24, 2015, A.L.P. Lighting Components purchased selected assets of Reflek Manufacturing, Inc., a producer of high performance reflector and fabricated components for the lighting industry. This acquisition allows A.L.P. to add anodized reflectors and other downlighting components to its comprehensive product line.  Read the announcement.... Read More

Boyd Corbett, Director of Business Development, HEILUX, Suffers Heart Attack

July 27, 2015: 2:06pm
From Boyd on 27 JUL: "I had a strong heart attack Thursday night (while awake).  I went into the hospital on Friday with chest pains on Friday and was told that I was in the “process” of the heart attack.  I was stabilized and they did a quadruple bypass on Monday.  They finally kicked me out on Saturday and I am in my home office for the next few weeks working and following doctor’s ord... Read More

Philips Separation of Lighting Business to Cost $200-$300M Euros

July 27, 2015: 6:58am
Philips, which predicts to complete the separation of the lighting business in the first half of 2016, said Monday it now expects the move to cost 200 million to 300 million euros in 2015 and the same amount in 2016. The company previously predicted the separation costs would amount to 300 to 400 million in 2015, without giving an estimate for 2016. Read more.... Read More

Brodrick Announces More Money from DOLED

July 22, 2015: 7:59pm
DOE to Announce FY 2016 SBIR/STTR Funding Opportunity The U.S. Department of Energy (DOE) Office of Science plans to announce a funding opportunity on August 17, 2015, for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. Under this grant opportunity, DOE will seek applications for funding directed toward FY16 Phase I projects. Topics for this f... Read More

"Alex" Sullivan, Howard Industries, R.I.P.

July 22, 2015: 7:57pm
Mr. Sullivan graduated from Raleigh High School in 1988 and completed a Bachelor of Science in Electrical Engineering at Mississippi State University in 1993. Alex was employed by Howard Industries for 22 years. Read the obituary here.... Read More

Smart Headlights Remember Roads, Adjust Lighting Accordingly

July 22, 2015: 5:14pm
The smart headlights, being developed at Ford’s Research and Innovation Center in Germany, can predict a road’s curvature, thanks to an infrared camera, GPS signals and special traffic sign recognition technology.... Read More

Bridgelux Sells to Chinese Company

July 21, 2015: 3:43pm
**EdisonReport Flashback** Read our story from 2012 when "Dumb-xxxhole" Bill Watkins was promoted to  Chairman of the Board. This makes Bridgelux the second, after Lumileds, recent LED component manufacturer to go to the Chinese... SAN FRANCISCO--(BUSINESS WIRE)--Bridgelux, a leading developer and manufacturer of LED lighting technologies, today announced that its Board of Directors has approve... Read More

Local IES Fresno Yosemite Section, B-K Lighting and TEKA Illumination Establish $25,000 Endowment for the Ron Naus Memorial Scholarship

July 21, 2015: 2:56pm
Local IES Fresno Yosemite Section, B-K Lighting and TEKA Illumination Establish $25,000 Endowment for the Ron Naus Memorial Scholarship Madera, CA - July 21, 2015 - B-K Lighting and TEKA Illumination partnered with Illuminating Engineering Society Fresno Yosemite to establish $25,000 endowment for the Lyles College of Engineering at California State University, Fresno. The Lyles College of Eng... Read More