LED news, LED knowledge, technologies, events


Sanan’s subsidiary Lightera Corporation acquisition of Luminus Devices

In 4th June 2013 evening, San’an Optoelectronics Co., Ltd. announce that the Company’s wholly-owned subsidiary Lightera Corporation fund $ 22 million make an acquisition that 100% equity interest of U.S. Luminus Devices, Inc., in accordance with the current exchange rate, the amount of investment over hundred million RMB.

Sanan Optoelectronics, said the investment will not only help to further enhance the company’s core technologies and channels in LED epitaxy and chip, but also more conducive to further increase the company’s overall industrial layout.

Announcement shows that Luminus Devices, Inc. registered in Delaware of United States, and hold Taiwan Luminus Optical Co., Ltd. 100% equity through a subsidiary indirectly. The company’s main business is the development and production LED for high brightness lighting equipment, it owned 93 patents in the world. These patents cover all aspects in systems and applications such as the LED product design, manufacturing solutions and package. The main products include: White LED, Color LED, four-color LED and UV LED.

It is reported that the major customers of Luminus Devices include LG, Acer, Zumtobel, U.S. EYE Lighting, Philips, Denmark Martin, Germany Vialux and other international applications manufacturers.

By December 31, 2012, the total assets of Luminus Devices is $ 11,909,900, total liabilities $ 17,479,000. And the annual revenue in 2012 is $ 17,189,700, net profit of $ 3,196,900.

Share Button


Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Random Articles

Mariko Mori’s artwork: Infinite Renew

Interview – Ian Collis from Ultra LEDs

Japanese tea room adopts glowing carpets

GE developed PFS phosphor can improve LED image quality greatly

Philips LED light Bulbs awarded Lighting Prize

Samsung is about to launch the smart watches: Galaxy Gear

Featured News

  • Light painting photography produced by motion

    Stephen Orlando is a photographer from Ontario, Canada; he has always been fascinated by the human movement. Stephen tied programmable LED rods on kayak paddle, sportsman, racket and other objects, and converted the motion to light painting photography. [Read more…]

  • The Han Show Theater

    The Han show Theater is designed for “Han show”, located in the eastern of the Chuhehan street Wuchang District of Wuhan City China, with a total construction area of 86,000 square meters, total building height of 59.8 meters, with 2000 seats and VIP exclusive channels, the theater interior architecture has multiple high-tech equipments and facilities. Building inspiration came from the essence of Chinese traditional culture: “Red Lantern.” [Read more…]

  • Changzhou Dragon Bridge

    The Dragon Bridge locates on the Grand Canal in Changzhou, Jiangsu province, which is about 300 meters south of Changwu bridge. It is one of important bridge on the new canal. [Read more…]