Tag: leds

Energy Focus, Inc. Reports Second Quarter 2016 Results

SOLON, Ohio, Aug. 11, 2016 (GLOBE NEWSWIRE) — Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced financial results for the second quarter ended June 30, 2016. Second Quarter 2016 Financial Highlights: Net sales of $7.1 million consisting of $3.3 million in commercial sales, which reflected a reduction of $814 thousand for product returns and related credits, and $3.8 million in military sales, compared to $16.2 million in the prior year’s period, consisting of $2.1 million in commercial and $14.1 million in military Gross margin was 35.4% compared with 45.8% in the prior year’s quarter, due to

ESI Announces First Quarter Fiscal 2017 Results

PORTLAND, Ore., Aug. 02, 2016 (GLOBE NEWSWIRE) — Electro Scientific Industries, Inc. (NASDAQ:ESIO), an innovator of laser-based manufacturing solutions for the microtechnology industry, today announced results for its fiscal 2017 first quarter ended July 2, 2016. Financial measures are provided on both a GAAP and a non-GAAP basis, which excludes the impact of purchase accounting, equity compensation, restructuring, inventory impairments, and other items. First quarter revenue was $47.7 million, compared to $51.5 million in the fourth quarter of 2016 and $43.1 million in the first quarter of last fiscal year. GAAP net loss was $0.1 million or $0.00 per share. On

Global OLED Market – Key Benefits over traditional LCD displays will drive market to grow at a CAGR of 14.7% during 2016-2020: ResearchMoz

Albany, NY, July 20, 2016 (GLOBE NEWSWIRE) — OLED panels are made of organic (carbon-based) materials that emit light when electricity is supplied through them. OLEDs are more efficient, simpler to make, and much thinner than LCD displays, as they do not require a backlight and filters. OLEDs provide good picture quality with brilliant colors, a fast response rate, and a wide viewing angle compared to other display technologies. OLEDs are also used for lighting. OLED lighting panels are thin, efficient, and flat surface structures.  The basic structure of an OLED consists of a cathode that injects electrons, an emissive

Li-Fi (Light Fidelity) Market To Gain Form Enhanced Demand For A Secure, Fast And Reliable Network Till 2024: Grand View Research, Inc.

San Francisco, June 21, 2016 (GLOBE NEWSWIRE) — The global VLC/Light Fidelity (Li-Fi) market is expected to reach USD 101.30 billion by 2024, according to a new report by Grand View Research, Inc. Increasing concern over cyber security is anticipated to drive demand over the forecast period. Growing need of green technology solutions with low power consumption is encouraging the development of advanced communication systems.VLC is a disruptive technology and is therefore expected to grab a substantial portion of the Wi-Fi industry in the near future. However, the adoption is at the nascent stage and is currently being used for

Quantum Dot (QD) Display Market Is Anticipated To Witness An Upsurge In Demand For Advanced QLED Powered TVs Has Propelled Industry Till 2022: Grand View Research, Inc.

San Francisco, June 09, 2016 (GLOBE NEWSWIRE) — The global quantum dot display market size is expected to reach USD 3.96 billion by 2022 according to a new report by Grand View Research, Inc. Increasing awareness regarding energy-efficient displays is expected to boost global quantum dot display market growth. Surge in demand for advanced QLED powered TVs has propelled industry growth. Browse to access In-depth research report on Global Quantum Dot (QD) Display Market with detailed charts and figures: http://www.grandviewresearch.com/industry-analysis/quantum-dot-qd-display-market Advancements in quantum dot (QD) technology have made them useful for television manufacturers giving them a competitive edge in the industry. Creating

Automotive lighting Market Is Anticipated To Witness An Upsurge In Demand For Vehicles And Technological Advancements In Automotive Industries Till 2022: Grand View Research, Inc.

San Francisco, June 08, 2016 (GLOBE NEWSWIRE) — The automotive lighting market is anticipated to reach USD 34.65 billion by 2022. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market.  Increasing apprehensions about using energy efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the

Key Digital(R) Invites InfoComm 2016 Attendees to Booth Tours, Introduction of New Product Releases

MOUNT VERNON, N.Y., June 1, 2016 (GLOBE NEWSWIRE) — Key Digital® is extending an exclusive invitation to all Pro A/V integrators, system integrations, contractors, consultants, and sales personnel to a personal tour of the totally redesigned Key Digital® booth at InfoComm 2016! Come see our newest additions to the Key Digital product portfolio, and get the rare opportunity to meet industry pioneer and holder of 40 HDTV patents, Mike Tsinberg. Key Digital® welcomes all InfoComm 2016 attendees to join our staff at the Key Digital Booth, Booth C9122 at the Las Vegas Convention Center, Las Vegas, Nevada, June 4-10th.   ________________________________________ New products to

Chemtura Releases 2016 Corporate Sustainability Report

PHILADELPHIA, May 25, 2016 (GLOBE NEWSWIRE) — Chemtura Corporation (NYSE:CHMT) (EURONEXT:CHMT) today released its 2016 Corporate Sustainability Report. This report describes the recent progress Chemtura has made toward operating more sustainably and establishes environmental sustainability targets for the next 10 years. “Chemtura has made significant progress in our global sustainability efforts, and this report is a culmination of the hard work delivered by all of our global operations and business partners over the last several years,” remarks David DiBoyan, Chemtura’s Global EHS Director.  Highlights of the 2016 Sustainability Report include: Reinforcement of Chemtura’s  core values and principles; Chemtura’s commitment to

ATG Set to Premier Latest Technological Advancements in LED Lighting Industry

SAN DIEGO, CALIF., April 18, 2016 (GLOBE NEWSWIRE) — For the fifth consecutive year, ATG Electronics will be exhibiting at LIGHTFAIR® International, considered the world’s largest annual architectural and commercial light trade show and conference. LIGHTFAIR® International offers accredited courses, pavilion product showcases, networking opportunities, and more than 600 exhibitors. The event will be held from April 26-28 at the San Diego Convention Center. “LIGHTFAIR® International 2016 is a premier event in the LED lighting industry,” said Wendell Locklin, director of sales and operations. “It is one of the few occasions we meet with our clients who are located across

Nanometrics Achieves Record 3D-NAND Bookings Quarter

MILPITAS, Calif., March 28, 2016 (GLOBE NEWSWIRE) — Nanometrics Incorporated (NASDAQ:NANO), a leading provider of advanced process control systems, today announced record 3D-NAND bookings totaling over $38 million for the first quarter of 2016.  The record achieved was in aggregate bookings for the quarter as well as for three 3D-NAND customers individually.  Strong follow-on orders by a key customer account for its next phase of 3D-NAND build-out drove a large portion of the overall record, while the announcement and rapid ramp of a 3D-NAND fab from the newest entrant to the sector, along with orders from a key memory customer

Energy Focus, Inc. Reports Fourth Quarter and Full Year 2015 Results

SOLON, Ohio, March 10, 2016 (GLOBE NEWSWIRE) — Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced financial results for the fourth quarter and full year ended December 31, 2015. Fourth Quarter 2015 Highlights: Net sales increased 95% year-over-year to $17.2 million from $8.8 million in last year’s fourth quarter Record commercial sales grew 396% year-over-year to $6.9 million compared to $1.4 million, and 107% sequentially from $3.3 million reported in the third quarter of 2015 Gross margin was 43.9% compared to 36.1% in the fourth quarter of 2014 Income from continuing operations swung to a positive

Energy Focus Comments on UFC Change at the Department of Defense

SOLON, Ohio, Feb. 24, 2016 (GLOBE NEWSWIRE) — Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technology, today announced the Department of Defense (“DOD”) Unified Facilities Criteria (“UFC”) has been changed to allow tubular LED (“TLED”) installation categorically without the requirement to submit a waiver request for each retrofit project. DOD facilities include military bases, administrative offices and housing structures for the Army, the Navy and the Air Force. The DOD, through a change in the UFC, now permits all its land-based facilities to more cost-effectively and quickly upgrade to LED lighting by simply replacing existing fluorescent tubes with

Globe Newswire

News @Daktronics – #Daktronics Leads Re-Imagination of Fashion Show’s Plaza With Cutting-Edge LED Technology

LAS VEGAS, Jan. 18, 2016 (GLOBE NEWSWIRE) — The outdoor plaza of Fashion Show Las Vegas – the front door of the Strip’s largest retail destination at two million square feet, recently got a lot brighter and more entertaining with the completion of new and dynamic LED video displays created and developed by Daktronics, the industry leader in LED technology based on number of installations, employees and manufacturing space.  The LED video capable displays include LED video columns, billboard and marquee pylon displays – all part of a recently completed redevelopment and expansion of Fashion Show’s Plaza that fronts the

Global Display Panel Market to Rise due to Increasing Demand for LCD TVs and Rising Per Capita Income of Consumers over 2015-2019: ResearchMoz

Albany, NY, Dec. 16, 2015 (GLOBE NEWSWIRE) — This report provides up-to-date information on display panels along with mentioning the chief trends, restraints, drivers, and opportunities that are seen in the display panel market and their respective effect on the growth of the market. Development insights and research activities carried out by prime players within the market for display panels also form a vital part of this research report. The report commences by providing an overview of the display panel market. Display panels are showcase screens and serve as interfaces for machine and human dialog. They present data in various

Automotive Lighting Market Worth $34.65 Billion By 2022: Grand View Research, Inc.

San Francisco, California, Dec. 16, 2015 (GLOBE NEWSWIRE) — The automotive lighting market is expected to reach USD 34.65 billion by 2022, according to a new study by Grand View Research, Inc. Growing safety concerns and stringent government regulations are expected to drive demand over the next seven years. Rising awareness among consumers regarding the importance of adaptive light solutions such as glare-free high beam and dynamic bend lights is also anticipated to fuel exterior lighting demand.  Increasing vehicle production and sales combined with technological advancements are also estimated to accentuate demand over the forecast period. Rising disposable income coupled

Cleveland Indians Select Daktronics Premier High-Definition Display

BROOKINGS, S.D., Dec. 07, 2015 (GLOBE NEWSWIRE) — The Cleveland Indians have selected Daktronics (NASDAD:DAKT) of Brookings, South Dakota, to design, manufacture and install a new high-definition display at Progressive Field in Cleveland, Ohio, for the 2016 season. This project continues a long-standing relationship with the Indians that began when their stadium opened back in 1994. “The new boards will significantly enhance our fans’ at experience at Progressive Field,” said Neil Weiss, the Indians Senior Vice President of Technology and Chief Information Officer. “This project increases our ability to deliver a world-class in game experience, delivering stats, highlights and player profiles

Energy Focus, Inc. Reports Third Quarter 2015 Results

SOLON, Ohio, Nov. 4, 2015 (GLOBE NEWSWIRE) — Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced financial results for the third quarter ended September 30, 2015. Financial Highlights: Record quarterly net sales of $18.3 million represents year-over-year growth of 151.0 percent Record quarterly gross margin of 49.8 percent represents 15.6 percentage points of improvement, year-over-year Record quarterly operating income of $3.7 million represents a $3.4 million year-over-year increase, or 1,076.4 percent, from $318 thousand in the third quarter of 2014 Record quarterly net income of $4.3 million, or $0.40 per diluted share, including net tax benefit

Global Water Technologies and AquiSense Technologies Sign MOU for UV LEDs

INDIANAPOLIS, FLORENCE, Ky. and AMSTERDAM, Nov. 02, 2015 (GLOBE NEWSWIRE) — Global Water Technologies (OTC Pink:GWTR) is pleased to announce it has signed a Memorandum of Understanding (MOU) with AquiSense Technologies, a Kentucky company that is unveiling the world’s first UV-C LED production product for water disinfection at Aquatech Amsterdam. “We are pleased to take the first steps toward working with a company that has developed truly innovative new technology for more efficient water treatment,” said Erik Hromadka, CEO of Global Water Technologies. “In 2013, we presented at International Water Week in Amsterdam on new opportunities from our region of

LED lighting market at $4.8 billion in 2012 is anticipated to go to $42 billion by 2019: ResearchMoz

Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — WinterGreen Research announces that it has published a new study LED Lighting: Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020.  Next generation lighting achieves a complete replacement of incandescent filament bulbs with LED lighting that is more energy efficient, lasts longer and has a significantly lower cost of operation.   Philips, the market leader has been the first casualty as the profit margin on the individual LEDs is eroded because of overproduction in China.  The achievement in price declines because of economies of scale, and general competitive pressure have drastically impacted

Daktronics Introduces Revolutionary Digital Billboard Technology

BROOKINGS, S.D., Sept. 2, 2015 (GLOBE NEWSWIRE) — Daktronics (NASDAQ:DAKT) of Brookings, South Dakota, announces the latest advancement in digital billboard technology, the DB-5000 series. This innovative series sets a new image quality standard, couples it with industry-leading performance and reliability, all while lowering overall cost of ownership. The DB-5000 comes paired with Daktronics new, cutting-edge control solution for out of home (OOH) advertising, the Venus® Control Suite. Daktronics industry experience and close vendor relationships brings a groundbreaking advancement in digital billboard technology. By collaborating with the leading manufacturer of LEDs, Daktronics new DB-5000 incorporates an LED for the industry