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

Finance Committe Meet to Discuss Controversial Jalandhar LED Streetlight Installations in India

Members of the Finance and Contracts Committee (F&CC) at Jalandhar in India gathered recently to discuss a 65,000 high pressure sodium streetlight replacement project with LEDs that will cost an estimated INR 2.74 billion (US $40.39 million), reported The Tribune.
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2016-12-23

Hot Picks of the Week Dec.12-16

Patent suits left an indelible mark in the LED industry in 2016, Seoul Semiconductor took the lead this week warning 29 companies over potential patent infringement issues. Nichia also announced it had won two legal YAG patent suits against Everlight in Dusseldorf District Court in Germany and the local appeal court. Cree also has settled a long pending patent infringement case with Feit Electric for an undisclosed amount, and the two companies have signed a patent license agreement.
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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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2016-12-23

Canon Tokki OLED Equipment Production Shortages Might Not Be Able to Match iPhone 8 Demands

To meet OLED display supplies for the next generation iPhone 8, Apple tracked down equipment maker Canon Tokki located in Japanese rice fields next to the city of Mitsuke in Niigata prefecture, reported Bloomberg.
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2016-12-23

GE Acquires Concept Laser to Propel 3D Printing Technologies

GE, the world’s leading digital industrial company, executed on its agreement to acquire a 75% stake in Concept Laser of Germany. The agreement, announced in late October, allows for GE to take full ownership over the next several years.
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2016-12-23

Alstroemerias Flower Blossoms with Philips LED Lights

Philips Lighting, a global leader in lighting, announced that the Dutch alstroemeria grower Hoogenboom Alstroemeria is moving to hybrid lighting in its 1.5-hectare greenhouse with Philips GreenPower LED toplighting. By using Philips GreenPower LED, grower Dick Hoogenboom will shorten growth cycles, increase quantity and quality of yields while reducing energy consumption up to 42%.
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2016-12-23

Factory Pipe in California Slashes Energy Costs with Efficient Solar and LED Installations from GE Current

Factory Pipe, a manufacturer of high-performance exhaust systems, is collaborating with Current, powered by GE, to make its Ukiah, California headquarters more efficient. The company is offsetting 75% of its energy use through Current’s rooftop solar offering and saving close to 60% in lighting-related energy use with an LED lighting retrofit in its manufacturing warehouse.
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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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2016-12-20

Apple iPhone 8 to Sport Curved Samsung OLED Display

The upcoming iPhone 8 will overhaul basic form factor designs, gone will be the flat glass screen design to sport a curved plastic OLED display made by arch-rival Samsung, reported The Korean Herald.
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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

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

Hot Picks of the Week Dec.12-16

Towards the end of 2016, more mergers and acquisition talks have been concluded. CFIUS opposition against Go Scale Capital acquiring Lumileds for US $3.3 billion earlier in January resulted in the wipe out of US $1.3 billion in company value for the LED chip and component maker. Lumileds parent company Philips Lighting sold the independent legal entity for US $2 billion to Apollo Global Management.
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2016-12-16

LG Display Restructures to Focus on OLED Technology

LG Display is merging its businesses to specialize in OLED technology, a sector the company considers its next generation growth engine. To keep up with accelerated growth in the OLED market, the company intends to merge and restructure existing distributed business structure by product to optimize efficiency and synergy, reported Business Korea.
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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

Detroit Completes Citywide LED Streetlight Upgrade

The relighting of Detroit – a city that just three years ago was in chronic darkness – has been completed on time and under budget.
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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

MedMen Cannabis Vertical Farm in California Raises Yield 157% with Fluence Bioengineering LED Grow Lights

Fluence Bioengineering today announced that its LED systems have been selected by MedMen, a leading cannabis firm, for its newly renovated cultivation facility in Los Angeles. The new, state-of-the-art vertical farm replaces a traditional single-tier cultivation facility, and enables MedMen to use fewer natural resources, increase overall revenue per square foot and reduce operating cost per pound.
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2016-12-15

6SigmaET Research Finds 10% Engineers Rely Solely on Physical Prototypes to Test Designs

1 in 10 design engineers are still relying on purely physical prototypes, potentially adding significant, unnecessary costs to their designs. That’s according to new research from 6SigmaET, which surveyed over 350 engineers working in industrial, consumer and mass-produced electronics.
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2016-12-15

Magneti Marelli Automotive Lighting and the Carnia Industrial Park Establish New Manufacturing Site for Car Lighting Electronics

Today, Magneti Marelli Automotive Lighting and the Carnia Industrial Park inaugurated a new pavilion dedicated to the production of electronics for LED rear lighting for cars in the production complex in Tolmezzo (UD) in Friuli Venezia Giulia. The new industrial site has production lines for circuit boards and will be completed by a design center specifically dedicated to electronics for rear illumination for cars.
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Lumileds introduced the LUXEON MX, a multi-die emitter that delivers industry leading efficiency and flux for outdoor fixtures and high bay lighting applications. Lighting fixtures benefit from the emitter’s 1,200 lumen, 150 lm/W ef... READ MORE

The trading portfolio of IMM Photonics has been expanded in the segment Fabry-Perot laser diodes to include a 830 nanometer (nm) version by the Japanese manufacturer QD-Laser.

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