Tag Archives: Rambus

General Electric (GE) Sees Huge LED Demand

Yesterday, LED stocks such as Cree Inc (CREE), Aixtron (AIXG) and Veeco Instruments (VECO) got a boost when the head of GE’s lighting unit Michael Petras said in a Bloomberg article that he anticipates LED lighting could account for as much as 75% of their sales in the unit within the next 10 years (compared with just 10% now).

Demand for LED will began to surge very soon due to the phasing out of the Read the rest

GE Lighting (GE) Signs LED Licensing Agreement With Rambus (RMBS)

GE Lighting just announced that it has signed an licensing agreement with Rambus Inc. to use Rambus’ LED product designs and manufacturing knowledge to develop a flat-panel LED lighting system that can be used in architectural and commercial lighting.

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In a press release, Michael B. Petras, Jr., president and CEO of GE Lighting, commented on the news:

“One … Read the rest