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Bridgelux Attracts $25M Investment

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Kaistar Lighting (Xiamen) Co. Ltd. of Xiamen, China, will invest $25 million in Bridgelux Inc., an LED lighting technologies and solutions manufacturer, the US company announced. Bridgelux will use the equity investment to further accelerate research, development and production of LED chip and packaging technology for general illumination applications. “The market for solid-state lighting is expected to grow from $3 billion in 2011 to more than $25 billion in 2015,” said Bill Watkins, CEO of Bridgelux. “This investment marks the beginning of our cooperation...Read full article

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    Published: February 2012
    AmericasAsia-PacificBill WatkinsBridgelux Inc.BusinessCaliforniaChinaConsumergeneral illumination applicationsindustrialKaistar Lighting (Xiamen) Co. Ltd.LED chip technologyLED packaging technologylight emitting diodesLight Sourceslight speedsolid-state lightingLEDs

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