Diversified Tech Firms with Lighting Divisions Switching Focus Away from General Lighting - Energy Watch News


Diversified Tech Firms with Lighting Divisions Switching Focus Away from General Lighting

Some of the major LED Lighting makers are switching their focus as the LED lighting technology matures. Cree is switching its focus to power electronics and RF. Osram is now increasing its focus on automotive LED lighting, and 3D identification technology for smartphones, and advancing the Internet of Things. Overall, such diversified tech companies with lighting businesses apparently anticipate a profitable future in the IoT realm. Some such as GE and Osram are also now working on horticultural LED lighting. Additionally, these companies are looking to new technologies including autonomous and electric vehicles as well as smartphone 3D identification measures. In the short term, these companies expect to reduce profits in general lighting but gradually increase profits in other technology areas. http://www.solidstatelightingdesign.com/

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