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Excerpted from an interview of Mercedes-Benz R&D chief with Automotive news Europe
Mercedes-Benz Chief of R&D Thomas Weber talked with
BASF have received General Motors’ Supplier of the Year Award for the 10th time in the past 13 years. The award was presented
Philips have signed an agreement with a consortium led by Go Scale Capital, who are to acquire an 80.1% interest in Philips’ combined LED components and automotive lighting business, with Philips retaining the remaining 19.9% stake. The transaction puts the business at an enterprise value of approximately USD $3.3bn. Philips expect to receive cash proceeds before tax and transaction related costs of approximately $2.8bn, and a deferred contingent payment of up to $100m. The transaction is expected to be complete in the third quarter of 2015, subject to closing conditions including regulatory approvals.
Pierre-Yves Lesaicherre
Following the transaction, the new company will carry forth under the name Lumileds, led by CEO Pierre-Yves Lesaicherre. Philips’ Lighting Solutions business will remain an important customer of Lumileds and will continue the existing innovation and supply partnership.
Go Scale Capital is a new growth stage fund sponsored by GSR Ventures and Oak Investment Partners. The consortium partners are Asia Pacific Resource Development, Nanchang Industrial Group and GSR Capital. With offices in Beijing, Hong Kong, and California, the fund’s goal is to scale up investments in China for global markets.
The all-LED headlamp made by AL for Audi’s TT3 and an OLED-based tail lamp prototype have won the Red Dot Design Award this year. The TT3 headlamp won the highest prize and declared “Best of the Best”.
Noted English automotive and industrial designer Peter Stevens has written an interesting and feisty article about the role of lighting design in overall car styling through the years from a perspective somewhat different to that we’re accustomed to seeing.
Volvo Car have launched an online video announcing “LifePaint“, an aerosol retroreflective conspicuity spray they hope will reduce the number of cyclists and pedestrians hit in traffic.
According to a Research and Markets report, the global aircraft lighting market is valued at just under USD $1.5bn and is expected to grow to $2bn by 2020. The aircraft lighting market is expected to grow at a CAGR of 5% from 2014-2020.
Observing the rapid growth of the LED market, many sapphire ingot manufacturers have entered the LED market since 2011, and have expanded their production capacities.
The objective of the “InteGreat” project is to optimise the individual processes in LED production, to develop new processes and thereby reduce manufacturing costs.
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