The announcement in November 2012 of a merger between San'an Optoelectronics, China's largest MOCVD (Metal Organic Chemical Vapor Deposition, a key upstream material for LED high bay light) maker, and Formosa Epitaxy Inc., Taiwan's second-largest MOCVD maker, came as no surprise to industry observers. For LED companies on the two sides of the Taiwan Strait, this merger will set an example of the integration of resources for strengthened competitiveness not only in the greater China area, but also in the worldwide market.
Digital Lumens announced that it has rung in the New Year with 150% growth in its customer base and a further commitment from investors to support the company’s dominance in LED lighting. With more than 500 large-scale installations of its Intelligent LED Lighting System, more than doubling the number reported last year, Digital Lumens is now saving customers more than $25 million per year by reducing their combined annual energy consumption by over 250 million kWh.
According to estimates by Canaccord Genuity in the "Third Cycle V2.2" the overall LED lighting market grew 94% from 2011 to 2012. Digital Lumens grew much faster than the overall market as customers deployed the Digital Lumens solution – oftentimes with multi-site roll-outs – based on the company’s growing reputation and demonstrated energy savings.
As the company continues to thrive and expand into new markets, its technology deployments now cover almost 50 million square feet of space across a range of commercial and industrial facilities worldwide. The rapid adoption is attributable to proven results: up to 90% energy savings, half from the innate efficiency of LEDs, and half from Digital Lumens’ patented integrated intelligence. The cumulative energy savings represent a 150% increase over the April 2012 announcement that the company was saving over 100 million kWh per year for its 200 customers.
Digital Lumens announced that it has rung in the New Year with 150% growth in its customer base and a further commitment from investors to support the company’s dominance in LED lighting. With more than 500 large-scale installations of its Intelligent LED Lighting System, more than doubling the number reported last year, Digital Lumens is now saving customers more than $25 million per year by reducing their combined annual energy consumption by over 250 million kWh.
According to estimates by Canaccord Genuity in the "Third Cycle V2.2" the overall LED lighting market grew 94% from 2011 to 2012. Digital Lumens grew much faster than the overall market as customers deployed the Digital Lumens solution – oftentimes with multi-site roll-outs – based on the company’s growing reputation and demonstrated energy savings.
As the company continues to thrive and expand into new markets, its technology deployments now cover almost 50 million square feet of space across a range of commercial and industrial facilities worldwide. The rapid adoption is attributable to proven results: up to 90% energy savings, half from the innate efficiency of LEDs, and half from Digital Lumens’ patented integrated intelligence. The cumulative energy savings represent a 150% increase over the April 2012 announcement that the company was saving over 100 million kWh per year for its 200 customers.
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