Tianjin's accession to the Cree "LED city" program

In February 26, 2008, the Tianjin economic and Technological Development Zone (TEDA, TEDA) R & D center, the CMC and the University of Tianjin semiconductor lighting project, CREE jointly launched the first LED in China (semiconductor) city lighting project, as Chinese first joined the LED city (LED City) "city regional plan.

Tianjin economic and Technological Development Zone as the core area of Binhai New Area, the Tianjin economic and Technological Development Zone, the United States CREE company, Tianjin University of Technology semiconductor lighting engineering research and development center jointly initiated the first LED Chinese city lighting will be embodied as actions to promote the rate of China advanced application technology LED lighting products in the work, and through the construction of green lighting demonstration project of the Tianjin Development Zone to establish energy-saving emission reduction and environmental protection advanced new image, will also promote the development of semiconductor lighting industry in Tianjin Development Zone, the process of agglomeration provides opportunities for development zones to create semiconductor industry.

According to Dr. Niu Pingjuan, Tianjin Institute of technology, LED lighting is one of the most promising high-tech areas in twenty-first Century. LED light source as after incandescent lamp, fluorescent lamp, high pressure gas lamps of the fourth generation light source, under the same lighting conditions, the average saving more than 50% than ordinary lamps, and does not contain harmful substances such as mercury and lead, life of up to 50 thousand to 100 thousand hours on average, is 3~5 times the ordinary lamp with the. At present, LED city lighting system has been in Toronto, Canada, the United States, Austen and other 4 cities. In January this year, the city will also be high-power LED lighting product development and industrialization projects included in the 20 major projects of independent innovation industrialization in 2008.

Development Zone Administrative Committee official said, as an advanced manufacturing and high-tech research and development base, TEDA will fully support the promotion and application of LED lighting engineering. Currently, TEDA has been part of the trial LED lights, energy saving, environmental protection effect significantly. The next stage, with the progress of technology and the decline in the cost of LED lamps, TEDA will strive as soon as possible throughout the region using LED light source lighting.

It is reported that the recent results of the Cree company to improve the company's stock in February 26th Yang 6.47%, closing at $34.91, a record high since April 6, 2006. According to the financial forecast Cree released in January 23rd, the company expected 1-3 month industry earnings per share would be between $0.14-0.16, revenue forecast will be between 1.20-1.25 billion dollars. Cree 2007 10-12 industry share surplus of US $0.14; revenue increased 34% year (quarter by 5% to $119 million).

Source: Tianjin University of Technology semiconductor lighting engineering research and Development Center