2015-10-06

Chinese Lighting Product Exports to Argentina Soar in 1H15, but Exports to St. Lucia Plunges

China’s Light Industry Internet (CLII) recently published important lighting product export statistics for three markets during the first six months of 2015, showed export growth was highest for the Argentina market, and plunged the most in Saint Lucia. Lighting exports to France showed incremental growth.
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2015-10-06

San’an Opto Receives RMB 170 M Subsidy

San’an Opto announced recently its subsidiary in Fujian Province, China has received RMB 170 million (US $) subsidy from Anxi County Finance Bureau to invest in LED R&D, according to a report from Quamnet.
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2015-10-06

Bangalore to Complete LED Residential Lighting Upgrade by January 2016

Bangalore (or also known as Bengaluru), the capital of India's southern Karnataka state will be rolling out a LED residential lighting replacement project by January, according to The Times of India and other Indian media.
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2015-10-05

How Yang Hwa Technology Falsified its Financial Statement

Taiwanese LED chip manufacturer Yang Hwa Technology owner Shih-Hsiung Chan was detained by police on Sept. 11, 2015 for suspected accounting fraud and market manipulation, according to a report by China Times.
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2015-10-02

Chinese Companies Putting Pressure on Korean Manufacturers as OLED TV Market Blossoms

Next generation OLED TV sales have soared 317% during the first half of 2015, according to a report from Business Korea.
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2015-10-02

China Exported LED Lighting Totaled US $355 M to India from January to August

Chinese manufacturers exported LED lighting goods to India for the first eight months of 2015 reached US $355 million, according to a DIGITIMES report.
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2015-10-01

Epistar Invests US$14.95M in Malaysian LED Package Company

Leading Taiwanese LED manufacturer Epistar has acquired nearly 10% stake in Malaysian LED manufacturer Dominant OptoTechnologies, according to a latest report from Chinese-language media UDN.
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2015-10-01

Chinese LED Industry in Deep Waters, Only a Handful of LED Manufacturers to Remain

Was the company revenue performances only bad for the first half of 2015? Or has it been the case for three consecutive quarters? Only LED manufacturers know how they fared this year.“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China.
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2015-09-30

HC Semitek Seals RMB 1.08 B Acquisition Deal with Sapphire Maker Crystaland

HC Semitek board approved the acquisition of Chinese sapphire substrate manufacturer Crystaland during a recent shareholder meeting.
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2015-09-30

Samsung Electronics Opens New U.S. Semiconductor Headquarters in Silicon Valley

Samsung Electronics, the world’s leading producer of semiconductor and display solutions, formally opened the doors to its new Device Solutions America headquarters here, setting the stage for a new wave of innovation across the digital landscape.
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2015-09-30

Robert Yeh: Epistar is Still Everlight's Top LED Chip Supplier

Everlight Chairman Robert Yeh recently refuted market rumors in Taiwan claiming the company’s decision to use Chinese manufacturers LED chips in its products has impacted Epistar’s revenue performance, according to a UDN report.
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2015-09-30

Indian State Government to Distribute 74,000 LED Lamps to Citizens

The Indian Prime Minister Narendra Modi has been a strong advocate for the country’s LED lighting conversion to battle the power starved country’s use of electricity and conserve natural resources, reported local Indian newspaper Nagpur Today.
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2015-09-30

MLS Secures LED Package Deal Worth over US $1M in India

MLS INDIA, The LED package major has secured supplying LED chips worth one million USD to one of the most trusted brand in India. The products made of using MLS LEDs will be illuminating Indian homes very soon.
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2015-09-30

Tridonic Signs Licence Agreement with Medion AG for White LEDs Application

Tridonic Jennersdorf GmbH, a subsidiary of Tridonic GmbH & Co KG, Dornbirn and therefore part of the Zumtobel Group, has signed a licence agreement with Medion AG, Germany covering the use of silicate-based white LEDs.
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2015-09-25

The Climate Group Urges Governments to Swap City Streetlights to LEDs by 2025

Today, The Climate Group, which is hosting its annual Climate Week NYC, called on every single city and utility around the world to schedule the switch of their street lighting to LED by 2025 and launched its new major global campaign LED = Lower Emissions Delivered, to encourage local governments, cities and utilities to embrace the carbon and cost benefits of switching to LED.
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2015-09-22

Kingsun Opto Acquires a Stake in Lumileds

Kingsun Optoelectronic is to acquire Lumileds with capital collected partially from surplus capital of different LED lighting business and the company’s raised funds. Kingsun Optoelectronic plans to indirectly acquire 6.15% share of Lumileds, which was span off by Royal Philips, for US$ 100 million.
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2015-09-22

Leyard to Acquire Two LED Manufacturers for US$ 139.5M

Leyard announced recently it will acquire Guangzhou Leafun Culture Science and Technology and Glux Visual Effect Tech. Leyard is to acquire 100% of Guangzhou Leafun Culture Science and Technology’s shares with cash and 99% of Glux Visual Effect Tech shares will be transacted from 10 company investors. Leyard will start fundraising for the acquisition.
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2015-09-22

Noribachi Forges LED Lighting Partnership with Samsung in U.S.

Noribachi, a leading U.S.-based custom LED manufacturer and Samsung Electronics, a global leader in advanced component solutions, announced establishment of a major partnership. This broad partnership will draw upon the technology and engineering strengths of each company to spark innovation in an initial step toward redefining the U.S. LED lighting industry.
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2015-09-21

NLB: Lighting Systems Index 2Q15 Results “Moving in the Right Direction”

After conveying disappointing results for the first-quarter of 2015, when lighting-equipment demand was 3.6% below fourth-quarter 2014 demand, the latest NEMA Lighting-Systems Index (LSI) results show that a modest rebound occurred during 2015’s second-quarter: Demand was up 0.4% over first-quarter performance and 2.2% above second-quarter 2014 performance. “While quarter-over-quarter performance may not be something to ‘write home about,’” said National Lighting Bureau Executive Director John Bachner, “year-over-year results are definitely encouraging and quarter-over-quarter results show that lighting-equipment demand is moving in the right direction. We’re optimistic that the next report will show continued growth over the third quarter.”
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2015-09-21

Merck and Tridonic Enter Into White LEDs License Agreement

Merck, a leading company for innovative and top-quality high-tech products in the healthcare, life science and performance materials sectors, announced today that it has entered into a license agreement with Tridonic Jennersdorf  (Tridonic) covering silicate phosphors for use in white light LEDs.
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2015-09-21

Dialog Semiconductor's Acquisition of Atmel Costs $4.6 Billion

Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a global leader in both Power Management (2) and Embedded Processing solutions. The transaction results in a fast growing and innovative powerhouse, supporting Mobile Power, IoT and Automotive customers. The combined company will address an attractive, fast growing market opportunity of approximately $20 billion by 2019.
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2015-09-18

Epistar Rumored to Raise Number of Layoffs

Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN.
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2015-09-18

Tough Battle Ahead for Taiwanese LED Manufacturers Following Revenue Drops in August

Taiwanese LED manufacturers revenue performance continued to wane in August, according to Pingan Securities. Revenue performances downed both annually and on a monthly basis, according to statistics released by Taiwanese companies.
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2015-09-18

NEMA Lighting Systems Index Observes Upticks in 2Q15, Mixed Results for Components

Demand for lighting equipment, as measured by NEMA’s Lighting Systems Shipments Index, increased by 2.2% year-over-year (y/y) and by 0.4% quarter-to-quarter during second quarter of 2015. The increase was driven by emergency lighting and fixtures which gained ground on a year-over-year basis while the ballast and lamp–large and miniature–components offset these gains with year-over-year declines.
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2015-09-17

Statistics Show Indonesia Holds Great LED Market Potential

Indonesia is situated in Southeast Asia and is located on the Equator. It is close to Papua New Guinea, East Timor and borders Malaysia. Geolocation wise the world’s largest archipelago is also an ocean across from Thailand, Singapore, Philippines and Australia. With a population of 240 million people scattered across 18,307 islands, Indonesia is the fourth most populated country in the world following China, India, and U.S. Annual economic growth rates peaked to 6.3% over the past few years indicating it is a country that holds great market potential.
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2015-09-16

Acuity Brands Completes Acquisition of Distech Controls

Acuity Brands  announced that its wholly-owned subsidiary, Acuity Brands Lighting, completed the previously announced acquisition of Distech Controls Inc., a leading provider of building automation and energy management solutions that allow for the seamless integration of lighting, HVAC, access control, closed circuit television, and related systems.  Acuity Brands Lighting acquired all of the outstanding capital stock of Distech Controls for approximately 318 million Canadian dollars. 
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2015-09-14

Indian Government Considers Selling LED Bulbs at INR 44 under DELP Scheme

The Indian government intends to slash LED bulb retail prices from the average retail price of INR 300 (US $4.52) to INR 44 (US$ 0.66) under its DELP scheme, reported Times of India.
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2015-09-11

MLS to Invest US$278 M in Kaistar Lighting

On Sep. 10, MLS announced that the company will spend RMB$ 180 million (US$ 278.2 million) to purchase stock in Kaistar Lighting with private fund, acquiring 10.91% of Kaistar’s shares.
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2015-09-11

Review of Business Disputes Among LED Manufacturers Throughout 2015

In general, LED Manufacturers performed quite well over the past eight months in 2015. But competition among LED manufacturers intensified through price wars, patent disputes and fighting over distribution channel were overwhelming. A summary of recent lawsuits among these manufacturers as following:
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2015-09-10

LEDinside: Osram Boosts Lighting Business Value by Selling Stake in Foshan Lighting

Osram announced Wednesday it would be selling its 13.5% stake in Foshan Electrical and Lighting (Foshan Lighting) to a subsidiary of Guangdong Rising Assets Management (GRAM) for more than EUR 350 million (US $392.51 million).
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New XLamp XFL LEDs are fully specified and optimized for flashlights and other portable lighting applications  Cree LED has just launched the new XLamp® XFL LED family, comprised of three LEDs designed for maximum performance in flash... READ MORE

New XLamp® Horticulture LEDs reduce height between lighting and plants to provide more uniform lighting and lower costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high effica... READ MORE