SOURCE: Paragon Financial Limited

Paragon Financial Limited

April 12, 2012 08:20 ET

Commercial and Residential Lighting Next Wave for LED Adoption

Paragon Report Provides Stock Research on Veeco Instruments and SemiLEDs

NEW YORK, NY--(Marketwire - Apr 12, 2012) - The LED market looks to be heating up once again, as a drop in prices for LED streetlights may begin to sway local governments to make the switch to the new technology. According to a report put out by the Department of Energy, roadway lighting accounts for 25 percent of the outdoor-lighting market in the U.S. with LED lights making up only a 3 percent share of the roadway market. The Paragon Report examines investing opportunities in the LED Industry and provides equity research on Veeco Instruments Inc. (NASDAQ: VECO) and SemiLEDs Corp. (NASDAQ: LEDS).

Access to full reports can be found at:

"The LED industry has grown in cycles," observed Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. "The first phase involved backlighting for small consumer devices, like mobile handsets. These solutions have evolved to meet the needs of laptop, television, electronic sign and automotive applications and the next wave for LED adoption appears to be commercial and residential lighting."

Paragon Report releases regular market updates on the LED Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Veeco Instruments Inc. recently announced that SemiLEDs Corporation has recently qualified the TurboDisc® K465i™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for high-volume production of high brightness light emitting diodes (LEDs) at its state-of-the-art manufacturing facility in Taiwan.

Chuong A. Tran, Ph.D., President, Chief Operating Officer, of SemiLEDs commented, "We have placed Veeco's K465i system into our production facility in Taiwan. In addition to their proven MOCVD technology, Veeco's commitment to providing best-in-class LED manufacturing equipment, as well as enhanced local support with their technology center in Hsinchu, makes the selection of Veeco as our vendor a logical choice."

Paragon Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Paragon Report has not been compensated by any of the above-mentioned companies. We act as independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: