2017-07-04

LEDvance Positive towards Asian Lighting Market

Early in March, the Chinese investment consortium- with IDG Capital,LED packaging manufacturer MLS CO., LTD. and Yiwu State-Owned Assets Operation Center as the members- completed the acquisition of LEDvance from Osram. Originally a general lighting business unit of Osram, LEDvance, with the support of its new owners, extended its product line from standardized and traditional light sources to advanced LED lamps and intelligent products for smart lighting.
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2017-05-15

New Strategies Unveiled: LEDVANCE Ramps Up LED Lighting and Smart Lighting Offerings with Improved Price-Performance Ratio

The long-awaited sale of LEDVANCE, originally the general lighting lamps business of German lighting giant Osram, to the Chinese investment consortium, consisting of the strategic investor IDG Capital, MLS, and Yiwu State-Owned Assets Operation Center (Yiwu), was finally completed on March 3, 2017. At the LFI 2017 held in Philadelphia, LEDinside met with LEDVANCE’s CEO Jes Munk Hansen to talk about the recent deal and its strategic position in the lighting market.
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2017-05-12

Global Value Lighting Establishes Extensive Sales Network in the American Market

With over 10 years of experience in the lighting industry, U.S. lighting company Lighting Science brings to market advanced LED lighting products, and annual shipments for LED light bulbs have reached 50 million units. It also provides retail private-label LED solutions. In addition, the group has a well-established sales network, with products sold within U.S. major retail stores like Home Depot.  
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2017-05-12

Forest Lighting Offers Affordable LED Lighting Solutions for Commercial Smart Lighting & Industrial Lighting Fixtures

Forest lighting, the brand name belonging to Chinese lighting giant MLS, was established in 2014. Thanks to continuous marketing and public relations efforts, the brand has gradually gained popularity among North American retailers and wholesalers, and has expanded its reach to emerging markets like Southeast Asia, the Middle East and Russia. At LIGHTFAIR International (LFI) 2017, Jian Ni, COO of Forest Lighting in North America, shared with LEDinside the development strategies of the brand. 
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2017-05-10

Global Value Lighting Best-in-Class Private-Label Lighting Business Launches at LIGHTFAIR

Global Value Lighting, the premier private-label LED lighting solutions provider with a comprehensive portfolio of over 200 products, is making its debut at LIGHTFAIR 2017. GVL is supported by their partner Lighting Science’s intellectual property portfolio including 400+ patents, and have the most competitive factory-direct pricing thanks to their recent joint venture with Chinese manufacturer MLS, one of the largest global LED manufacturers.
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2017-05-03

Acquisition Synergies Expected to Help MLS and LEDVANCE Shine Brighter

Due to a major asset restructuring, from July 18, 2016, shares trade of MLS, China’s leading LED packaging manufacturer, remained suspended until May 2, 2017. MLS announced it would spend up to RMB 4 billion (around US$580 million) to acquire the whole ownership of Guangdong Mingxin Optoelectronic, which holds a 100% stake in LEDVANCE. By doing so, MLS would gain full control of LEDVANCE, originally Osram’s lamps and lighting unit. This partnership is expected to create synergies in manufacturing, distribution, R&D, and branding, offering both sides important competitive advantages in the post LED lighting era.
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2017-03-21

Lighting Science Announces Transformative Joint Venture with MLS

Lighting Science®, a specialist in next-generation LED lighting solutions and a pioneer in providing retail private label LED solutions, has announced a joint venture with Chinese LED manufacturer and lighting company MLS Co., Ltd.
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2017-03-06

Chinese Consortium Completes Acquisition of Osram's LEDVANCE

The sale of LEDVANCE by OSRAM to the Chinese investment consortium, consisting of the strategic investor IDG Capital, the LED packaging manufacturer MLS CO., LTD. (MLS) and Yiwu State-Owned Assets Operation Center (Yiwu), was successfully completed effective on March 3rd, 2017 and with economic effect as of March 1st, 2017. This follows the parties obtaining all necessary approvals from the relevant authorities.
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2017-02-06

German Government Approved Osram’s Lamps Unit Sale to Chinese Buyers

It is reported by Reuters on 30th of Jan that a spokesman of lighting manufacturer Osram announced the company has been approved by the German government to sell its Lamps unit to an association of Chinese bidders for 400 million euros (USD 425 million).
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2017-01-11

Osram's Sale of Ledvance Anticipated to Receive Green Light from German Government by 2Q17

Osram is close to receiving approval from the German government to go ahead with the sales of its general lighting business LEDVANCE to a Chinese investment consortium headed by IDG Capital Partners (IDG), reported DrivingVisionNews.com.
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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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2016-11-07

Indian Online Boycott of Chinese Products Not the Cause of Declining Bulb Exports

Did a boycott of Chinese products on India social media websites cause the sharp decline of LED bulb imports? A movement launched on Indian social media platforms during the annual lighting festival Diwali on Oct. 31, 2016 resulted in a 30% to 50% revenue decline of energy efficient lights and LED bulbs in Mumbai.
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2016-11-02

LEDVANCE Acquisition Documents Reviewed by German Federal Ministry of Economic Affairs and Energy

Osram recently announced the latest developments about the acquisition transaction of its LED general lighting business sales to a Chinese investment  consortium headed by IDG Capital.
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2016-10-28

German Government Puts Chinese Consortium Acquisition of Osram’s LEDVANCE on Hold

The German government has temporarily halted Chinese consortium headed by strategic investor IDG Capital Partners (IDG) to acquire Osram’s general lighting business LEDVANCE, and have put the deal under review, Reuters cited German magazine WirtschaftsWoche recent report.
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2016-09-13

MLS Nominates LED Veteran Guoqing Tang as Independent Director

MLS board recently nominated Guoqing Tang, a seasoned professional in China’s LED industry, as one of the company’s independent director.
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2016-08-24

MLS Signs RMB 5.5B LED Plant Construction Deal with Yiwu Industrial Park Committee

MLS and Yiwu Industrial Park Committee in China signed a LED agreement on Tuesday morning, reported China Yiwu Website.
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2016-08-10

Leyard Halts Trade on China Bourse, MLS Delays Trade Resumption

Chinese LED manufacturers Leyard and MLS are both suspending trade on the Chinese bourse as the two companies undergo major investment and asset restructures.
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2016-08-01

Mixed Responses Towards Osram and MLS Newly Founded Partnership

Osram announced after one year of carefully selecting bidders that it would sell its general LED lighting business LEDVANCE to MLS for EUR 40 million (US $44.7 million), about three days ago. Chinese press have compared the deal to a marriage between couples, where MLS paid a hefty dowry to win over the German lighting giant’s general lighting division.
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2016-07-28

OSRAM and MLS to Carve Out Their Positions in LED Lighting Market with LEDVANCE Deal, Says LEDinside

German-based lighting manufacturer OSRAM has agreed to sell its lamp business unit LEDVANCE to a Chinese consortium that is led by IDG Capital Partners and includes LED manufacturer MLS and Yiwu State-Owned Assets Operation Center. The sale was announced on July 26 and represents a landmark deal in which Chinese LED manufacturer successfully acquires an oversea target with the help of an international investment group. “The sale of LEDVANCE shows major international lighting companies are exiting the LED lighting business due to its unprofitable outlook,” said Roger Chu, research director of LEDinside, a division of TrendForce. “On the other hand, Chinese LED lighting companies have an overall cost advantage and are assisted by the government, so they can take this opportunity to expand their market shares.” 
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2016-07-28

Who Is the Real Acquisitor of Ledvance?

Osram announced Wednesday that a Chinese investment consortium headed by IDG that comprised of  MLS, and Yiwu State-Owned Assets Operation Center (Yiwu) acquired the German manufacturer’s general lighting business Ledvance for EUR 400 million (US $439.58 million).
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2016-07-27

MLS to Implement Dual Brand Strategy after Chinese Consortium’s Acquisition of LEDVANCE

Osram announced Tuesday the sale of its general lighting lamp business, LEDVANCE, to a Chinese investment consortium headed by strategic investor IDG for EUR 400 million (US $439.58 million), Chinese leading LED package manufacturer MLS was named among a key member of the consortium, as well as financial investor Yiwu.
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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
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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.
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2016-07-11

MLS Strategies in LED Package and Outlook for U.S. Market

Compared to other manufacturers in the industry, MLS is optimistic about LED market developments and market potential with plans of scaling up LED package production this year from 50 billion PCS to 70 billion PCS, said MLS General Manager Lawrence Lin recently at a strategic partnership agreement signing ceremony with Taiwanese lighting manufacturer YACG at Denwell restaurant last Sunday.
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2016-05-06

MLS Saw 9% YoY Growth in 1Q Revenue Following Slowing Gross Margin Drop

MLS released its 1Q16 earnings last week, reporting the company’s revenue of 9.15% year on year (YoY) growth at RMB 819 million (US $125.8 million).
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2015-12-18

MLS Denies Rumors of Acquiring Epistar

Chinese LED maker MLS as a potential acquisition of Taiwanese LED chip manufacturer Epistar has become the latest gossip in Taiwan’s LED industry. Following the market rumors, the LED chip maker’s shares have soared, giving the LED stock market a major boost. Market rumors claim Chinese manufacturers potential investments in Taiwanese companies have allowed local LED enterprises to reevaluate their market value. However, LEDinside interviews with local market research companies noted the chances of MLS acquiring Epistar was fairly low, and the Chinese company’s current focus was mostly directed towards bidding Osram’s lighting business.
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2015-12-11

MLS Eyes IC Semiconductor Industry and Emerging Markets

Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in the future.
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2015-12-10

MLS Aims to Do More than Expand Distribution Channels by Acquiring Osram's Lighting Business

In an exclusive interview with LEDinside, MLS General Manager Lawrence Lin discussed in-depth the company’s ongoing talks with German LED company Osram to acquire its lighting business at Taipei Building Show organized by Dollar International Industry earlier today.
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2015-11-09

Osram Initiates Sales Process for Lamps Business

German lighting manufacturer Osram has initiated the sales process of its lamps business, which it intends to spin-off operations from the group by next April and legally by July, a Reuters report cited a company spokesman saying recently.
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2015-11-09

[Breaking News] MLS Intends to Start Bid for Osram’s Lighting Business

Chinese LED manufacturer MLS, or also known as Forest Lighting announced recently it plans to optimize the integration of its business resources, and strengthen business competitiveness by entering the bid for Osram Licht lighting business.
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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

Osram Opto Semiconductors is expanding its existing portfolio for flash applications with a product featuring a specially developed chip sized package (CSP). With Ceramos C, Osram is following the trend for miniaturization as the new... READ MORE