news digest ♦ LEDs
for our LED chips, and impairment charges on goodwill and intangible assets that arose from the acquisition of a majority owned subsidiary in August 2011.
The company’s cash and cash equivalents were $41.4 million at the end of the third quarter of fiscal 2013, compared to the second quarter fiscal 2013 ending balance of $43.9 million. Cash used in operating activities was $2.3 million in the third quarter of fiscal 2013.
SemiLEDs held a webcast discussing these results yesterday. A replay of the webcast will be available on the Investors section of the company’s website and will remain available for approximately 90 calendar days.
Cree LEDs to light up North Carolina University
Seventeen UNC system institutions or affiliates will implement innovative Cree LED lighting
As part of its ongoing efforts to reduce energy usage by at least $25 million over seven years, the University of North Carolina (UNC) General Administration has selected high-performing LED lighting by Cree to help system institutions operate more efficiently and cost-effectively.
Energy consumption per gross square foot for all state buildings in total is to be reduced by 30 percent by 2015 based on energy consumption for the 2002-2003 fiscal year.
An alliance of 13 UNC campuses and several affiliated organisations, spanning 27 million square feet, will leverage Cree LED luminaires, including the revolutionary CR24 architectural LED troffers, to deliver fast payback, energy efficiency and superior light quality.
“This University-wide lighting project will help advance our energy reduction goals, lower maintenance expenses and improve ROI,” says Miriam Tripp, special projects officer at UNC General Administration. “Reducing energy consumption is the right thing to do for our environment, our students and the taxpayers who support us. Ultimately, the related cost savings enable UNC institutions to focus on our core mission of great teaching and research.”
Designed to last up to 100,000 hours, Cree CR24 troffers feature dimming capabilities for easy lighting-control integration. CR24 LED troffers are powered by Cree TrueWhite Technology, delivering beautiful white light with superior colour accuracy and consistency.
“The UNC lighting installation will be a great showcase for how entire university systems can leverage LED lighting to reduce operating expenses and create well-illuminated spaces from classrooms to dormitories and beyond,” says Mike Bauer, vice president of lighting sales, Cree. “We’re pleased to work with UNC to help deliver the energy savings necessary to meet their sustainability goals.”
Campuses and other UNC institutions involved include: 90
www.compoundsemiconductor.net August/September 2013
Appalachian State University; East Carolina University; Fayetteville State University; North Carolina A&T State University; North Carolina Central University; North Carolina School of Science and Mathematics; UNC Asheville; UNC Charlotte; UNC Greensboro; UNC Pembroke; UNC School of the Arts; Western Carolina University; Winston-Salem State University; UNC General Administration; UNC Centre for Public Television; NC Arboretum; NC Department of Commerce Energy Office
UNC, together with Johnson Controls, conducted an extensive energy audit and identified lighting and lighting controls as avenues to help meet their energy goals. Johnson will oversee the program and will leverage Cree LEDs across the system- wide contract.
New subsidiary expands wet processing division at ClassOne
The firm has expanded the division to enhance its sales and support of Semitool equipment worldwide as well as to design and manufacture new upgrades and platforms that address emerging markets such as LED and RF power devices
ClassOne Equipment has made significant investments in the growth and expansion of its Wet Processing Division in response to increased market demand. A Design and Development Centre has been opened in Kalispell, Montana, staffed with several industry veterans who represent over 200 years of cumulative industry experience, who will focus on new product design and development. Corporate and refurbishment activities will remain at ClassOne’s headquarters in Atlanta, Georgia. “We are thrilled with the strong customer response to ClassOne’s industry-leading products and support. We have expanded the division to enhance our sales and support of legacy Semitool equipment worldwide as well as to design and manufacture new state-of-the-art upgrades and platforms that address emerging markets such as MEMS, Nanotech, LED and RF Power Devices,” says Byron Exarcos, ClassOne’s President. Hi adds, “Semitool’s acquisition left a void in the market for mature fabs and emerging technologies that use 75 to 200mm substrates.
ClassOne is meeting the growing demand for cost effective, reliable, and long-term support for popular tools such as the Spray Solvent, Spray Acid and Equinox tools. The wide-spread adoption of our lift-and-rotate and robot refurbishment programs gives testimony to that fact.” The new facility in Kalispell will be operated under the name of ClassOne Technology as a wholly owned subsidiary of ClassOne Equipment. The executive team includes: Win Carpenter, a 33-year veteran in the semiconductor industry, VP Wet Process Division; Tim McGlenn (26 years experience, including leading the software and electronics development of Semitool’s 101, 102, 202, 302, 402 and 502 controllers), VP of Operations; and Kevin Witt (25 years focused on the development and commercialisation of new wet chemical processing platforms), VP Technology; all of whom previously held leadership positions at Semitool. Their appointment further strengthens the division, positioning
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