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Bluglass Shares Jump After LED Breakthrough

Shares in Australian LED technology developer BluGlass jumped sharply last week after the company announced what it called a “world first” reduction in impurities in its gallium nitrade films. The Sydney-based company described the development as a “breakthrough” for the company and its “low temperature” thin film technology, which is known as “Remote Plasma Chemical Vapour Deposition” (RPCVD) and was developed after 15 years of research at Macquarie University. It is designed to grow semiconductor materials such as gallium nitrades for the production of high efficiency devices such as LEDs (light emitting diodes) and solar cells.

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