Skip to main content

a Bloomberg Television interview broadcast today

plans to increase the number of research workers dedicated to light-emitting diodes as the devices replace incandescent bulbs in homes and offices.

The company will allocate almost half its research employees of about 200 to LED development as soon as possible, rising from 10 percent now, Mitsuyuki Kanamori, who was appointed president of Tokyo-based Citizen on April 1, said in a Bloomberg Television interview broadcast today.

Citizen, whose diodes are mostly used for mobile-phone backlights at present, plans to refocus its LED operations on lighting fixtures. LEDs, which are brighter and more energy efficient than incandescent bulbs, will replace standard lamps from 2010, according to industry researcher iSuppli Corp.

The company plans to combine with Citizen Technology Center Co., its research division, from July 1 and is reconsidering its development priorities, Kanamori said, without specifying details.

Citizen entered into a cross-shareholding agreement with Tokushima, Japan-based Nichia Corp. in October to secure supply of LED components and access to the company's patents in anticipation of rising demand.

Comments

Popular posts from this blog

while all of hit new record quarterly highs

As a result, to increase greenhouse yields and decrease producers' energy costs, they will team up with Rutgers University, the University of Arizona, Michigan State University, and Orbital Technologies Corp. on the four-year project to improve and evaluate LED lighting for greenhouse use, according to Cary Mitchell, a professor of horticulture and project director for the grant. Total sales from January through September of 2010 hit NT$92.88 billion, up 35% YoY. Meanwhile, operating profit and net profit reached NT$5.67 billion and NT$6.8 billion respectively, with accumulated EPS of NT$3.05 increasing a remarkable 50% YoY. In 3Q10, The Company’s gross margin and operating margin reached 13.9% and 6.7%, up 0.9% and 0.4% QoQ, respectively. Lite-On’s net cash position held steady at NT$11.9 billion, after its recent cash dividend distribution of NT$5 billion. Non-operating items posted a net income of NT$508 million in3Q, with Perlos’ Q3 sales reaching €138 million, up 12% YoY. Perl...

LED recessed downlighting options for general lighting in commercial

Cooper Lighting, a division of Cooper Industries plc (NYSE: CBE), has expanded its Halo LED H7 Collection offering additional choices in LED color temperatures and higher lumen options. The 6” LED downlight product line expansion–from the original Halo LED 600 Series–now includes the Halo LED 900 Series and Halo LED 1200 Series, offering a wide and versatile selection of energy-efficient LED recessed downlighting options for general lighting in commercial, retail, institutional and residential applications. Designed for new construction projects or to retrofit existing 6” nominal compatible housings (with an Edison screw base adapter included with the module), the Halo LED H7 Collection features excellent color rendering (80 CRI) and offers the industry’s widest selection of color temperatures (2700K, 3000K, 3500K and 4000K). The superior optical design yields productive beam lumens providing smooth, even illumination, excellent cutoff and extremely low glare. Consuming less than 15W, ...

We are confident that he will do the same at Lighting Science

We are delighted to have Jeremy join the Lighting Science team," said Nic Brathwaite, Chairman of the Lighting Science Board of Directors. "Jeremy is a proven strategic thinker, inspiring leader, and brand builder who has successfully introduced major innovations at some of the world's best known companies, resulting in accelerated sales volume, profit and market share growth. We are confident that he will do the same at Lighting Science." "This is an exciting time to join the talented team at Lighting Science, as consumers, businesses, municipalities, and governments worldwide are poised to move into the digital light age," commented Cage. "I intend to accelerate growth by building on the company's core competencies of excellence in innovation and strong and differentiated brand development. We will focus on unleashing the science of light and sustainable technologies to markets ranging from major cities, commercial centers, factories and retailer...