Skip to main content

Osram have agreed to maintain ties in the areas of sales

Increasing environmental awareness has focused attention on LED lighting as a sustainable product. Especially following the Great East Japan Earthquake in 2011, the adoption of LED lightings has accelerated in Japan as a means of saving energy. Now that advances in led linear high bay light have created needs to integrate lamps and lighting fixtures, the joint venture relationship between Mitsubishi Electric and Osram will be constructively dissolved in the process of the merger. However, in consideration of the solid 23-year relationship, Mitsubishi Electric and Osram have agreed to maintain ties in the areas of sales and production, and continue to be strategic global partners in the lighting business.

Mitsubishi Electric's new lighting company will handle a wide variety of products, from lamps to lighting fixtures, which will strengthen Mitsubishi Electric's capabilities to satisfy market demands and offer customer solutions. The company will expand its product lineup by enhanced development capabilities realized through the integration of resources for marketing and development. It will also strengthen product development, mainly for led high bay light products, through the combination of technological synergies and cooperation with Mitsubishi Electric's R&D centers.

According to industry executives, chipmakers Epistar and Formosa Epitaxy Inc. have sold out their capacities for the second quarter while productions at packagers Evelight and Unity Opto Technology Co., Ltd. are approaching full capacity. Harvatek Corp. has won contracts to supply LED backlights used in iPads while Opto Tech Corp. has secured subcontracts from Sharp. According to Unity Opto executives, the company has recently landed considerable orders from customers planning to replace traditional lamps with LED lamps in offices and commercial sites. They estimated vigorous LED replacements for traditional lamps will start in June this year.

Hai pointed out that inquiries for the said products from Japanese customers are expected to keep increasing in the short term. And the company is optimistic about business outlooks in the second quarter of this year.
Labels:

Comments

Post a Comment

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...
Post a Comment
Read more

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, ...
Post a Comment
Read more

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...
Post a Comment
Read more