In the next ten years, market leader Phillips expects 75 percent of its global sales to be in LEDs. Phillips is set to launch solar-powered LED lighting solutions including portable solutions. Though LED lights are at a comparatively high price point of around Rs. 600, the expectation is that the buyer can recover the...
Read more »
The Finance Minister in his 2011 budget unveiled on February 28, 2011 has proposed a reduction in excise duty on LED bulbs. This could result in a price band of about Rs. 400 to 500 for an entry level LED light. The uptake of LED light in the Indian market has been slower than...
Read more »
Texas Instruments Inc. signed a definitive merger agreement to acquire National Semiconductor Corp. for $6.5 billion in cash, the company said Monday (April 4). “This acquisition is about strength and growth,” said Rich Templeton, TI’s chairman, president and CEO, said in a statement. Templeton said TI believes it can accelerate growth of National’s products...
Read more »
