2016-12-12

LEDinside Analyses Lumileds Sale to Apollo Global Management to Strengthen Asian OEM Partnerships

Royal Philips concluded its LED component business sale after the takeover was delayed for nearly one year, due to national security concerns raised by The Committee on Foreign Investment in the United States (CFIUs) earlier in January this year.
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2016-12-12

ETI Carves Off Int’l Lighting Business

Redirecting focus onto the Chinese LED lighting market, Elech-Tech International (ETI) announced it will be transferring all its international lighting business assets to its Hong Kong subsidiary and sell the company to Jadestone China High-technology Industry Investment Fund (Jadestone).
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2016-12-12

[Breaking News] Apollo Global Management to Acquire Lumileds for US $2B

Royal Philips announced that it has signed an agreement to sell an 80.1% interest in Lumileds, a leading supplier of LED components and automotive lighting, to certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries: “Apollo”). Philips will retain the remaining 19.9% interest* in Lumileds. 
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2016-12-12

Nigerian State to Profit Annually From LED Displays

The Delta State Government in Nigeria announced recently it will be raking in 65 million Naira (US $ 206,185.85) annually from its LED display boards installed throughout the state, reported Channels21 TV.
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2016-12-12

French Technology Clusters Route Des Lasers and Elopsys Merge to Form Alpha-RLH

ALPHA-RLH (Route des Lasers & des Hyperfréquences) is a newly formed technology cluster specializing in photonics, lasers, microwave and digital technologies. It is the result of a merger between two French competitiveness clusters, Route des Lasers and Elopsys.
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2016-12-12

NYISO Reports Holiday Lighting Adds 750-800 MW to City Energy Consumption

Holiday lighting is expected to add 750-800 megawatts (MW) to the level of electricity used by New Yorkers this season, the New York Independent System Operator (NYISO) reports.
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2016-12-12

Brighton and Hove Council in UK Cuts Costs with Super Smart Streetlights

Brighton and Hove Council in UK is set to save more than GBP 200,000 (US $ 251,720) a year and slash its energy and carbon footprint by introducing new LED street lighting.
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2016-12-09

Jiangsu Huasheng Tianlong Photoelectric Receives Large Order for Monocrystalline Silicon Growth Furnace

Chinese equipment manufacturer Jiangsu Huasheng Tianlong Photoelectric sealed a large monocrystalline silicon growth furnace order from equipment manufacturer SuperBrain valuing RMB 186 million (US $29.95 million).
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2016-12-09

Grand Chip Investment Drops Aixtron Acquisition Deal

AIXTRON, one of the world’s leading providers of deposition equipment to the semiconductor industry, announced today that Grand Chip Investment GmbH (GCI) declared today that the voluntary public takeover offer for the acquisition of all shares, including all shares represented by ADSs, of AIXTRON SE (AIXTRON) by GCI published on July 29, 2016 has lapsed due to the non-fulfillment of an offer condition.
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2016-12-08

Lianovation Sues Hanen Digital For Failure to Return Earnest Payment After Calling off Takeover

Chinese LED manufacturer Lianovation filed a suit against Hanen Digital Interconnect Culture (Hanen Digital) for not returning earnest money after the two organizations canceled an acquisition deal, reported Chinese-language media Sinai.
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2016-12-08

Philips Lighting Makes up Manufacturing Shortage in India with Made in China Bulbs

Prime Minister Narendra Modi’s ‘Make in India’ initiative, to promote local manufacturing of LED bulbs fell flat when suppliers could not keep up with the large volume of demands, reported The Quint.
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2016-12-07

Obama Blocks Grand Chip Investment Acquisition of Aixtron

The chances of Chinese investor Grand Chip Investment (GCI) acquiring Aixtron are looking rather slim, following U.S. President Barack Obama recent order that bans the business transaction, reported Bloomberg.
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2016-12-06

Taiwan LED Lighting Tariffs to be Lifted as EGA Talks Enter Last Phase

Taiwan’s Ministry of Economic Affairs (MOEA) announced it is close to concluding Environmental Goods Agreement (EGA) talks in Geneva, Switzerland, which would reduce tariffs for eco-friendly products including LED lights, bikes, and recycled paper products.
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2016-12-06

DOE Announces 2017 SBIR/STTR Funding Opportunity

The U.S. Department of Energy (DOE) Office of Science published the Fiscal Year 2017 Phase I, Release 2 Funding Opportunity Announcement (FOA) on November 28, 2016, for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. Under DE-FOA-0001619, whose complete listing of technical topics was released on October 31, DOE seeks applicants for grants directed toward FY17 Phase I, Release 2 projects. Topics for this funding opportunity can be found at //science.energy.gov/sbir/funding-opportunities and include LED and OLED lighting (see topic 10b).
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2016-11-28

Samsung to Weather Operation Crisis by Spinning-Off Company Businesses

Facing a severe operation crisis Korean conglomerate Samsung Electronic is considering to take the advice of hedge fund management firm Elliott Management Corporation to spin-off into two independent legal entities, The Seoul Economic Daily cited sources familiar with the matter.
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2016-11-28

China’s LED Lighting Market Value Soars in 2016

China’s LED lighting market value will surpass RMB 500 billion (US $72.45 billion) by 2016, said Ling Wu, the Secretary General of China’s International Solid State Alliance (ISA).
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2016-11-28

Germany and EU Slow to Address Chinese Investment Problem

Surging investments made by Chinese firms in EU high-tech industries is fueling conflict between Beijing, Berlin and Brussels, reported The Politico.
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2016-11-28

India’s Demonization Policies Derails a LED Retailer Operations

Indian Prime Minister Narendra Modi’s abrupt demonization policies launched on Nov. 8, 2016 and its ripple effect has left a dent for LED manufacturers relying heavily on cash transactions, reported The Hindu.
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2016-11-28

Technavio Forecasts Automotive Adaptive Front Lighting System to Reach 13% CAGR by 2020

Technavio analysts forecast the global automotive adaptive front lighting system market to grow at a CAGR of almost 13% during the forecast period, according to their latest report.
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2016-11-28

LIA Conducts Lighting Survey in UK

How many times has the lighting industry come together to discuss, criticize even try to find a solution for the poor quality, non-compliant products entering the UK market un-checked, creating confusion and unfair competition?
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2016-11-28

II-VI Infrared’s Dr. Ahmad Magad Wins Walter L. Hurd Executive Medal

The II-VI Infrared Division of II-VI Incorporated, a company specializing in laser optics, announced that Dr. Ahmad Magad, Group Managing Director of the II-VI Infrared Optics Manufacturing Operations in Asia, was awarded the 2016 Walter L. Hurd Executive Medal by the Asia Pacific Quality Organization (APQO). Dr. Ahmad Magad will receive the award on Nov. 21, 2016 at the 22nd Asia Pacific Quality Conference in Rotorua, New Zealand.
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2016-11-25

Hot Picks of the Week Nov. 21-25

Aixtron and Grand Chip Investment defy CFIUS objections to cancel the deal over U.S. national security concerns, and are appealing to U.S. President Barack Obama to approve the case in the next 15-days. The German Economic Ministry halted the acquisition business transaction, shortly after U.S. government representatives presented evidence suggesting Aixtron’s might pose a national security threat, which a Wall Street Journal reported mainly involves GaN epiwafer growing technology, a material that could be made to use improve military equipment such as radar.
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2016-11-25

HK Lighting Industry Uphold Optimistic Outlook for Decorative Luminaire Market in 2017

Even though the decorative lighting industry performance was average in 2016, the industry remained upbeat about its market outlook next year, according to statistics compiled by the Hong Kong Trade Development Council (HKTDC).
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2016-11-24

China’s Former Vice Minister of MOST Urges Scale Up Investments in Lighting

New technology revolutions and industry evolutions are creating opportunities, developments in China and internationally are undergoing metamorphosis that are reshaping industry developments, said Jianlin Cao, a former Vice Minister of China’s Ministry of Science and Technology (MOST).
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2016-11-24

Nichia’s Landmark Victory in German Courts to Help Settle Suits in 2017

Nichia explained the legal course of actions it took throughout 2016 were not aimed at particular manufacturers, but was part of their general intellectual property protection policy.
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2016-11-24

Rise of Red LED Applications Boosts Top Taiwanese Companies Revenues

Taiwanese LED chip manufacturers that successfully transitioned from blue LEDs to red LEDs have set new revenue records from their budding AlInGaN LED business.
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2016-11-23

Nichia’s Developments for Micro-LED and Other Lighting Technologies in 2017

The slowdown in LED backlight market including smartphone displays continued to trend on into 2016 that even top player in the industry Nichia is looking beyond this particular market sector in its 2017 roadmap.
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2016-11-23

The Connected Lighting Alliance Dissolved After Accomplishing Mission

The Connected Lighting Alliance (TCLA), the primary advocate of wireless lighting connectivity, announced that is has accomplished its goal of converging the lighting industry in support of the use of open protocols for wireless lighting solutions.
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2016-11-22

Japanese Manufacturers Unaffected by Strong Quake in Fukushima

Japanese manufacturers in the Tohoku region went about business as usual, despite a 7.4 magnitude quake at a depth of 10 kilometers that struck off the shores of Fukushima earlier this morning, reported TechNews.
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2016-11-22

Emerging Chinese Manufacturers in the OLED Market to Disrupt Korean Monopoly

Growing number of Chinese smartphone makers are raising investments in OLED panels, including BOE Technology Group and six other major local players have constructed new factories and invested in total more than 2 trillion Japanese Yen (US $9 billion), reported Nikkei Asian Review.
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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