Financial News
Positive predictions for LED market growth
The Strategies in Light event, which is the premier conference for the LED industry, concluded last week. During one of the event's many sessions, LED expert Bob Steele made some predictions for the market in 2010.
Mr Steele spoke extensively about the high-brightness LEDs that are being developed and said that the market as a whole is set to grow by 53 per cent in 2010. He also estimates that by the year 2014 the industry will be worth over £12.8 billion, a growth rate...
Tuesday, 23rd February 2010 - full story
Late surge boosted LED market in 2009
After experiencing a recession related downturn in the first half of 2009, a new report generated in Taiwan suggests that the global LED industry experienced considerable growth later in the year, managing to offset the impact of the earlier stagnation.
The Photonics Industry and Technology Development Association (PIDA) called a meeting with the press recently in order to discuss its predictions for the development of LED systems in 2010 and to announce results for performa...
Tuesday, 26th January 2010 - full story
Reuters moves into taxi screens
Reuters' rolling LED display system in Canary Wharf is perhaps one of the best known examples of LED signage in the UK.The multi-line programmable display screen provides business people with breaking news and financial information while on the go.However, the news agency is now branching out into a different format of news provision, Media Daily News reports.Financial news will soon be available on backseat screens in 4,500 taxi cabs in New York, with 1,000 more planned for later this year.Acco...
Friday, 15th February 2008 - full story
All eyes on stock markets during stormy conditions
Traders' eyes remain firmly fixed on LED electronic signs and displays in trading floors this week as global stock markets have been left reeling from a turbulent few days.On Monday the FTSE 100 index endured losses of around £77 billion as a result of fears of recession in the US; the worst one-day slump since September 11th 2001.However, a surprise move saw the US Federal Reserve to make its biggest base-rate cut in 25 years of 0.75 per cent yesterday, in a bid to keep the US economy from...
Thursday, 24th January 2008 - full story