Commercial and Residential Lighting Next Wave for LED Adoption
Paragon Report Provides Stock Research on Veeco Instruments and SemiLEDs
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 04/12/12 -- The LED market looks to be heating up once again, as a drop in prices for LED streetlights may begin to sway local governments to make the switch to the new technology. According to a report put out by the Department of Energy, roadway lighting accounts for 25 percent of the outdoor-lighting market in the U.S. with LED lights making up only a 3 percent share of the roadway market. The Paragon Report examines investing opportunities in the LED Industry and provides equity research on Veeco Instruments Inc. (NASDAQ: VECO) and SemiLEDs Corp. (NASDAQ: LEDS).
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"The LED industry has grown in cycles," observed Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. "The first phase involved backlighting for small consumer devices, like mobile handsets. These solutions have evolved to meet the needs of laptop, television, electronic sign and automotive applications and the next wave for LED adoption appears to be commercial and residential lighting."
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Veeco Instruments Inc. recently announced that SemiLEDs Corporation has recently qualified the TurboDisc® K465i™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for high-volume production of high brightness light emitting diodes (LEDs) at its state-of-the-art manufacturing facility in Taiwan.
Chuong A. Tran, Ph.D., President, Chief Operating Officer, of SemiLEDs commented, "We have placed Veeco's K465i system into our production facility in Taiwan. In addition to their proven MOCVD technology, Veeco's commitment to providing best-in-class LED manufacturing equipment, as well as enhanced local support with their technology center in Hsinchu, makes the selection of Veeco as our vendor a logical choice."
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Datum: 12.04.2012 - 12:20 Uhr
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News-ID 134315
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