2016-12-30

Hot Picks of the Week Dec.26-30

One more day to go before the New Years, so how did the industry fare in 2016? LEDinside organized a couple of articles reviewing some top trends in technology advancements and international mergers. A couple trends that are becoming more evident over the past year is different research institutes searching for more energy efficient and lower cost materials, while international mergers between Western technology companies and Chinese investors are under more government scrutiny. We expect protectionism measures to become increasingly common in the next few years, especially under new U.S. President Donald Trump’s government.
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2016-12-28

AIXTRON to Voluntarily Delist American Depositary Shares from NASDAQ and Deregister from SEC

AIXTRON announced that it intends to voluntarily delist its American Depositary Shares (ADSs) from The NASDAQ Global Select Market (“NASDAQ”) and deregister and terminate its reporting obligations under the Securities Exchange Act of 1934, as amended ("Exchange Act").
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2016-12-27

LeEco Acquisition of Vizio Still Waiting for Green Light from Chinese Authorities

Chinese TV manufacturer LeEco’s takeover of U.S. TV maker Vizio for US $2 billion is still waiting for approval from Chinese government authorities, according to a TechNews report.
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2016-12-26

NVC Lighting Signs Partnership Agreement with CAS Smart City

NVC Lighting and CAS Smart City signed an intelligent lighting partnership agreement recently in Huizhou, reported Yicai.com.
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2016-12-26

Taiwanese LED Manufacturer GPI Transitions into CSP LEDs for Automotive Lighting

Last Friday, LED epiwafer manufacturer Genesis Photonics Inc. (GPI) outlined its future roadmap at a press conference, stating it was redirecting its focus to CSP LEDs for automotive lighting, reported Money DJ.com.
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2016-12-26

Honglizhihui Forecasts Net Profit for 2016 Dropped by 40%

Honglizhihui, formerly a Chinese LED package manufacturer known as Hongliopto, forecasted its profits could plummet as much as 40% for 2016 compared to the same period last year.
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2016-12-26

SemiLEDs Files Form 8-K For Changing Accounting Firm to BF Borgers

On Dec. 21, 2016, SemiLEDs Corporation (the “Company”) selected BF Borgers CPA PC (“BF Borgers”) as its new independent registered public accounting firm. The decision to engage and appoint BF Borgers as the Company’s independent registered public accounting firm was approved by the Audit Committee.
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2016-12-23

ETI Projects Losses Incurred from Operations Near RMB 100M in 4Q16

ETI forecasted losses incurred from operations would peak to RMB 100 million for the fourth quarter of 2016, stated the company in a press release.
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2016-12-23

China Development Bank Signs Strategic LED Business Financing Partnership Deal with San’an Opto

China Development Bank (CDB) and San’an Opto group signed a strategic partnership agreement Thursday in southern province Xiamen to propel the Chinese LED company’s global sales strategy and rankings.
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2016-12-22

Innolux Refutes Claims of Foxconn Group Reducing LCD Panel Supplies to Competitors

A recent Nikkei Asian Review report claiming Innolux would be scaling back LCD supplies to competitors because of Foxconn group policy was refuted by the LCD panel subsidiary recently.
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2016-12-22

Taiwan LED Industry Production Value up 15% in 2016

Taiwan’s LED industry production value increased nearly 15% year-on-year during the first nine months of 2016, as more governments around the globe rolled out policies supporting environmental friendly businesses, said the Ministry of Economics Affair (MOEA) recently.
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2016-12-22

Japan Display Not Out of the Woods yet Despite New OLED Financing

Even though Japan Display has temporarily solved its fundraising deadlock with the aid from a state-backed company in the OLED panel sector, the outlook remains uncertain and there are still challenges ahead before mass production, reported Nikkei Asian Review.
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2016-12-21

Morgan Stanley Warns of China’s Smartphone Market Oversupply Situation in 2017

Big Chinese smartphone brands bullish revenue growth targets for 2016-2017 could cause oversupply of unsold phones, warned a Morgan Stanley analyst.
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2016-12-21

Nichia Clinches Two Legal Victories against Everlight in German District Courts

Leading Japanese LED chip manufacturer Nichia announced today it had won two separate YAG LED patent disputes against Everlight subsidiaries in the Düsseldorf Court of Appeal in Germany.
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2016-12-21

MLS Scales up Investments in Aucksun Opto to Strengthen LED Chip Supply

MLS (also known as Forest Lighting) announced Tuesday, the company will be pumping in another RMB 500 million (US $71.95 million) in a subsidiary of Chinese LED chip manufacturer Aucksun Opto to expand in the upstream LED sector.
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2016-12-21

Cree Settles Patent Dispute with Feit Electric, Signs License Agreement

Cree, a leader in LED lighting, announced that it has reached a confidential settlement in its patent infringement and false advertising lawsuit with Feit Electric Company. The settlement ends U.S. International Trade Commission ("ITC") investigation No. 337-TA-947 (“Certain Light-Emitting Diode Products and Components Thereof”) against Feit and its Asian supplier, Unity Opto Technology and the corresponding lawsuit in the U.S. District Court for the Western District of Wisconsin.
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2016-12-20

Taiwanese LED Sapphire Manufacturers Struggle from Oversupply Issues

The sapphire substrate application industry hit a low point when Apple abandoned employing sapphire screens in its new generation iPhones, many Taiwanese sapphire manufacturers have bear the brunt from the abrupt decision, reported Chinese-language newspaper Commercial Times.
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2016-12-20

Seoul Semiconductor Warns 29 Companies over Patent Infringement

Large LED companies are increasingly turning to strategies focused on filing patent infringement lawsuits against competitors, Korean LED giant Seoul Semiconductor has become the latest company to take legal action against 29 firms worldwide for infringing backlight, filament, LED chip and package patents, reported Business Korea.
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2016-12-20

Seoul Semiconductor Appoints New CEO for Europe Operations

Andreas Weisl (38), former Vice President Europe of Korean LED manufacturer Seoul Semiconductor (SSC), has taken on the position of CEO at Seoul Semiconductor Europe GmbH based Munich, Germany, with effect from Nov. 11, 2016.
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2016-12-20

Veeco Signs Multi-Year Agreement with Osram Opto to Supply MOCVDs to New Malaysia Facility

Veeco Instruments announced  that OSRAM Opto Semiconductors GmbH has completed an agreement naming Veeco as the supplier for Metal Organic Chemical Vapor Deposition (MOCVD) and Precision Surface Processing (PSP) systems needed for high-volume LED production in Kulim. As part of the agreement, OSRAM Opto Semiconductors has ordered multiple TurboDisc® EPIK®700 Gallium Nitride (GaN) MOCVD, and WaferStorm® 3306 PSP Wet Process systems.
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2016-12-20

RVLT Completes LED Retrofit Projects for Religious Organizations

Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) ("Revolution Lighting"), a global provider of advanced LED lighting solutions, today announced that it has recently completed LED retrofit projects for religious facilities within New Jersey, Connecticut and Maryland, totaling US $800,000. This includes the comprehensive LED lighting retrofit, led by its distributor GB Energie LED, of the Southern Friendship Missionary Baptist Church ("the Church") facilities, based in Temple Hills, Maryland.
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2016-12-20

Dinos Café Receives Rebates from LED Lighting Installations

Dinos Café, a popular old-fashion American diner located in Bloomingdale, Illinois replaced their outdated 250 watt HID lights on their rooftop with weather resistant, vibrant, state-of-the-art color changing 30w Serenity LED floodlights. These LED floodlights are remote-controlled with 32 different color options and are part of the Serenity LED Rainbow Series. Serenity LED, a U.S. based innovative lighting company, manufactured these LED Floodlights and used a US Service Disabled Veteran Owned Small Business to install the lights.
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2016-12-19

Kingsun Optoelectronic to Acquire Multinational Education Enterprise NIT Group

After halting trade on the Chinese bourse for four consecutive months, Kingsun Optoelectronics recently announced its Hong Kong subsidiary will be acquiring China’s leading international education enterprise NIT Group for RMB 2.9 billion (US $41.76 million)
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2016-12-19

Massachusetts Announces US $11.4 M for Municipal LED Streetlight Conversion

The Baker-Polito Administration today announced US $11.4 million in grant funding opportunities to help cities and towns across Massachusetts convert traditional streetlights to LED technology through the Department of Energy Resources (DOER) Rapid LED Streetlight Conversion Program. DOER has partnered with the Metropolitan Area Planning Council (MAPC), the Massachusetts Municipal Wholesale Electric Company (MMWEC), Energy New England (ENE), and four Municipal Light Plant (MLP) communities to administer the grant funding to municipalities that currently own their traditional streetlights and expedite streetlight conversions.
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2016-12-16

Odisha State Government in India Rolls out Subsidized LED Luminaire Project

The Odisha Government will supply energy efficient LED tube lights and ceiling fans at subsidized rates, said state government Energy Secretary Rajesh Verma.
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2016-12-16

National Lighting Bureau Appoints New Chairman

 David Errigo, vice president of sales for luminaire manufacturer LumenOptix, has been elected chair of the National Lighting Bureau (NLB), the independent, not-for-profit, lighting-education foundation sponsored by professional societies, trade associations, manufacturers, utilities, and agencies of the U.S. government.
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2016-12-15

Foxconn-Sharp to Halt LCD TV Panel Supplies to Samsung in 2017

Foxconn subsidiary Sharp will no longer be supplying LCD panels to Samsung Electronics starting in 2017, a report from The Japan Times cited industry sources saying.
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2016-12-14

Large Taiwanese Secondary Optic Manufacturer Invests NT $150M in Factory Expansions

Higher living standards in the modern world has transformed luminaires from a simple light source, to a lighting device that provides mood setting ambient lighting, visual stimulation, create a comfortable environment lit with soft light beams. These developments are making secondary optic designs in luminaires increasingly important, Taiwan-based Chung Kuang Optics (CKO) which specializes in the art of lighting designs, assisted manufacturers in their international branding strategies to make premium products. The company’s investments to build a new facility in 2017 has also caught industry attention.
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2016-12-14

India to Extend LED Efficiency Program to Eight Other Countries

India, one of the world’s top emitter of greenhouse gasses, aims to extend its lighting efficiency program to seven other Asian countries and the UK with aid from the World Bank, reported Bloomberg.
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2016-12-14

Maharashtra Ranks Second in LED Bulb Distribution in India

Maharashtra state in India became the second largest distributor of LED bulbs in the nation-wide campaign to slash energy consumption, reported The Hindu.
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Lumileds introduced three new products in its LUXEON SunPlus Series of award winning LEDs for horticulture lighting. The LUXEON SunPlus Series is the only line of LEDs on the market to be tested and binned by photosynthetic photon fl... READ MORE

Samsung Electronics today announced two new additions to its chip-scale package (CSP) line-up: LM101B, a 1W-class mid-power LED, and LH231B, a 5W-class high-power LED. Built with enhanced CSP technology, the new LED packages deliver industry-l... READ MORE