These explosion proof LED lights work well for paint spray booth operators because of they are lightweight, brighter and more durable than our standard fluorescent configurations,” said Rob Bresnahan with Larson Electronics’ magnalight.com. “In addition, we offer a wide variety of regular and low voltage options, while saving the customer and least half of the electricity usage. With 50,000 hours of life per bulb and high vibration tolerance, operators can spend more time coating and less time changing bulbs. Finally, all of our hazardous location rated LED lights will operate on any voltage around the world, including 220V 50Hz making these lights universally acceptable in any country.
In Harvatek’s revenues, handset business accounted for about 40-45% and lighting business accounted for about 15%, over 20% for IT (notebook and monitor) products.For TV backlighting, Orders from Japan vendors were for SMD LEDs, which had higher profits compared to orders from Korea vendors, because the quotes for SMD LEDs are about double for Korea-based vendors' orders. So, Harvatek expected to increase 15-20% sequentially in 4Q which was a traditional weak season.For LED lighting business, the company was developing China retail channels and was offering component for SMD packaging for T5 and T8 light bars.Harvatek was working with lighting fixture suppliers and in 2011 will enter the SSL module market.It is reported that lighting and large-size backlighting business will account for 30-40% of Harvatek's revenues in 2011.
According to Carmanah chairman Rob Cruickshank, with this merger, Carmanah will be taking advantage of the vast lighting market's current shift to LED, and applying the joint resources of Carmanah and Lightech to satisfy the urgent market need for LED lighting. In turn, the resulting technology developments at Lightech will ultimately advance the capabilities and applications of Carmanah's outdoor area illumination product portfolio.
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