2016-07-27

[Breaking News] Chinese Consortium Including MLS Acquires Osram's LEDVANCE Business for EUR 400M

Chinese consortium consisting of the strategic investor IDG, the Chinese lighting company MLS and the financial investor Yiwu acquire Osram’s business unit Lamps for more than €400 million
Continue reading
2016-07-26

Fifteen Keywords that Defined the LED Industry in 1H16

The first half of 2016 has flown by quickly, with the LED industry entering a mature phase and stabilizing growth rates, it is gradually losing its liveliness. Looking back to the first half of 2016, new terms emerged among the tide of acquisitions and price wars. The keywords can be summarized as five large niche lighting markets, four key markets, three competitive technologies, changes in two major products market positions, and one new technology term.
Continue reading
2016-07-26

India’s EESL Warns Consumers about LED Bulb Frauds

India’s Energy Efficiency Services Limited (EESL) issued a warning to consumers to be cautious about websites claiming to sell 9W LED bulbs for less than INR 1 (US $0.02), reported The Times of India.
Continue reading
2016-07-26

Nanoco and Wah Hong Industrial Sign QD Display Commercialization Agreement

Nanoco Group, a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, and Wah Hong Industrial Corporation (TPEx: 8240, "Wah Hong"), a leading Taiwanese manufacturer and supplier of optical films, jointly announce that they have signed a supply and licence agreement in the display sector.
Continue reading
2016-07-26

Philips Lighting Appoints New CFO

Philips Lighting announced the appointment of Stéphane Rougeot as Chief Financial Officer, effective September 1, 2016. Rougeot succeeds Rene van Schooten Business Group Leader Lamps, who in addition to his current role held the position on an interim basis for nine months.
Continue reading
2016-07-26

Eaton and NuLEDs Seal PoE Smart Lighting Partnership Deal

Power management company Eaton announced a collaboration with NuLEDs™ a leader in Power-over-Ethernet (PoE) lighting systems, aimed at making buildings smarter and seamlessly securely connected. The two companies will go to market with a joint product offering including Eaton’s complete portfolio of PoE-enabled LED luminaires and NuLEDs’ drivers, software, sensors and keypads.
Continue reading
2016-07-25

Philips Lighting Business Revenue Dips After Spin-Off in 2Q16

Philips reports Q2 sales of EUR 5.9 billion (US $6.49 billion) and comparable sales growth of 3%, a 9% improvement in Adjusted EBITA to EUR 544 million and net income of EUR 431 million
Continue reading
2016-07-25

China's LED Production Volume Undergoes Double Digit Growth in 1H16

China’s LED industry produced 296.3 billion LEDs during first half of 2016, up 19.21% Year-on-Year, reported China Light Industry Internet (CLII).
Continue reading
2016-07-25

CSRC Approves Opple Lighting’s IPO Application

After three long years, Opple Lighting’s Initial Public Offering (IPO) application was finally approved by China’s Securities Regulatory Committee (CSRC), and is closer to its goal of being listed on the Chinese bourse.
Continue reading
2016-07-25

Philips Lighting: Circular Economy and Smart LED to Drive Climate Change Agenda

Going net-zero carbon is the smart, inevitable choice for the companies of today and of the future – where “the business model fits as a solution glove to all the things that we need to address in the climate change challenge,” says Harry Verhaar, Head of Global Public & Government Affairs, Philips Lighting, in a Climate TV interview during the Business & Climate Summit convened in London last month by The Climate Group.
Continue reading
2016-07-22

Epistar Runs into AlInGaN LED Supply Shortage

Soaring demands for AlInGaN LEDs for virtual reality (VR) and security applications caused severe chip shortages for Epistar, reported Taiwanese media Commercial Times.
Continue reading
2016-07-22

Osram’s Acquisition of Novità Technologies to Meet New Demands in Automotive Lighting Sector

German lighting giant Osram announced two important developments in its automotive lighting business this month, such as supplying OLED taillights to BMW and its latest acquisition of U.S. automotive LED module manufacturer Novita Technologies. How will the acquisition affect the LED industry, though?
Continue reading
2016-07-22

Silan Forecasts Net Profits Plummet 60% in 1H16

Chinese LED manufacturer Silan Microelectronics (Silan) announced Thursday the company’s preliminary financial results for first half of 2016 plunged more than 60% year-on-year to RMB 64.42 million (US $9.66 million), reported Sinai.
Continue reading
2016-07-21

HC Semitek Unveils Preliminary MEMSIC Acquisition Plan

HC Semitek, released a statement Wednesday night stating it acquired leading global Microelectromechanical systems (MEMS) sensor manufacturer MEMSIC.
Continue reading
2016-07-21

Panasonic Plans to Expand Lighting Business Revenue to US $3.02B by 2018

Panasonic announced it will be raising its lighting revenue from JPY 320.3 billion (US $3.02 billion) from 2015 to JPY 400 billion by 2018, according to a report from Nikkei.
Continue reading
2016-07-21

Epistar Restructures Resources to Turn Around Losses

Affected by oversupply issues in the LED industry, leading Taiwanese LED EPI-wafer manufacturer Epistar (the company) lowered production costs by adjusting its production capacity and integrating subsidiaries FOREPI and Huga Optic resources, reported Taiwan media Apple Daily.
Continue reading
2016-07-21

IGNIS and LG Display Sign OLED Patent License Agreement

IGNIS Innovation (IGNIS), a Canadian emissive display technology company, announced the execution of a Patent License agreement with LG Display, the Seoul-based world-leading display manufacturer. Under the agreement, IGNIS will provide LG Display under a non-exclusive license, access to its circuit technology to enhance the performance of OLED displays. As recognized by the display industry leaders, circuit technology is crucial for today’s AMOLED applications including TV, IT, high resolution smartphone, virtual reality, automotive and next generation printing.
Continue reading
2016-07-19

Osram Appoints New CFO

Osram’s managing board is complete again. At an extraordinary meeting on Monday, the supervisory board of the lighting company appointed Ingo Bank as new CFO of OSRAM Licht AG. Ingo Bank, 48, joins Osram from Parexel, a U.S. biopharmaceutical service provider where he served as Chief Financial Officer. He will take up his post at Osram on September 1, 2016. "In Ingo Bank, we have found a financial expert with a proven track record and a strong international background. At the same time, he has extensive knowledge of technology markets, including the lighting industry," said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. Ingo Bank's term will run for three years.
Continue reading
2016-07-18

Epistar Gross Margins Improves in 2Q16

Taiwanese LED chip manufacturer Epistar revenue in June 2016 was down 2.3% to NT $2.11 billion (US $65.87 million) compared to a month earlier, due to inventory take during the end of second quarter, according to a MoneyDJ report.
Continue reading
2016-07-18

MLS Scales up Investments in Chinese LED Company

MLS announced recently that it will be injecting up to RMB 1.5 billion (US $ 223.97 million) in a Chinese LED company, and has commissioned Allbright Law Office and Ruihua Certified Public Accountants to assist in legal and financial issues.
Continue reading
2016-07-18

Ritdisplay to Expand Production by 20% to Meet Growing OLED Demands

Ritdisplay, a subsidiary of Ritek Group, is an OLED panel maker. This year the market's demand has been strong. In first half of 2016, its revenue reached NT $997 million (US $31.21 million), and its annual growth rate surpassed 40%, according to a MoneyDJ report.
Continue reading
2016-07-15

LG Display Optimistic About 2H16 Revenues as Panel Industry Rebounds

Is the long-anticipated rebound in the panel industry finally coming? South Korean panel maker, LG Display (LGD) CEO Sang Boem Han expressed on Wednesday that the market already showed signs of improvement. He expected that LGD's revenues will improve by second half of 2016.
Continue reading
2016-07-15

Hot Picks of the Week July 11-15

Cree has sold off its profitable GaN driver and RF business to Infineon for $850 million, so it can focus on its LED business, said the company. The Asian Development Bank announced it will be financing about US $50 million in Malaysian state Melaka smart LED streetlight project, which involves retrofitting 100,000 streetlights. LEDinside also had the chance to speak to Lawrence Lin, General Manager of MLS or Forest Lighting, about the company’s strategic distribution partnership with YACG in Taiwan, and its current LED package strategies.
Continue reading
2016-07-15

DOE Releases New CALiPER Report on TLEDs

The U.S. Department of Energy's CALiPER program has released a new Snapshot report on linear LED lamps, commonly known as TLEDs. 
Continue reading
2016-07-15

ANSI Publishes New Standard for Roadway and Area Lighting Equipment—Plasma Lighting

The National Electrical Manufacturers Association (NEMA) announced that ANSI Accredited Standards Committee C136 published ANSI C136.49-2016 American National Standard for Roadway and Area Lighting Equipment—Plasma Lighting. This new standard defines the electrical and mechanical requirements of plasma type light sources for use in roadway and area lighting luminaires.
Continue reading
2016-07-15

Noribachi Announces Ongoing Expansions in 2Q16

Noribachi, a leading U.S.-based custom LED manufacturer for high output commercial and industrial lighting solutions, today announced its continued growth in second quarter of 2016 due to the launch of its ALiVE product line, expansion of its regional sales organization and enhanced manufacturing capabilities.
Continue reading
2016-07-15

[Breaking News] Cree Sells Wolfspeed for $850M to Infineon

Cree, a market leader in LED lighting, today announced execution of a definitive agreement to sell its Wolfspeed Power and RF division (“Wolfspeed”), which includes the silicon carbide substrate business for power, RF and gemstone applications, to Infineon Technologies AG for $850 million in cash. 
Continue reading
2016-07-14

LeEco Denies Acquiring Vizio

Earlier reports from China this week claimed Chinese online video platform LeEco formerly branded as LETV acquired leading U.S. LCD TV manufacturer VIZIO, according to a TechNews report.
Continue reading
2016-07-14

Success in LED Thread Technology Leads to Harvatek Upbeat Revenue Outlook for 2H16

Taiwanese LED manufacturer Harvatek's revenue growth was incremental during first half of 2016. However, following its success in LED thread technology, the company intends to supply related products to the market by second half of 2016, resulting in turn around of its financial performance.
Continue reading
2016-07-14

ADB Financially Backs Malaysia Large Scale Smart LED Streetlight Project

Ryuchi Kaga, Head of the Office of Public-Private Partnerships of the Asian Development Bank (ADB) and Datuk HJ. Kamarudin Bin MD Shah, CEO of Melaka Green Technology Corporation, signed a transaction advisory services agreement today that will pave the way for a public-private partnership (PPP) project to install energy efficient road lights in the Malaysian state of Melaka. 
Continue reading

Samsung Electronics announced “H-series Gen 3,” a new line-up of LED linear modules that features high efficacy and enables easy replacement of fluorescent lights with LED lamps.

READ MORE

Modern stable lighting in livestock production has special demands: high humidity and frequently high levels of dust and ammonia provide challenging conditions for lighting. Furthermore, stables for cattle, sheep, goats, swine and horses shoul... READ MORE