Hot Picks of the Week July 18-22

Highlights this week:

Osram and Epistar have been especially active this week. The German lighting giant has announced many new developments one week ahead of its latest financial result announcement. Changes in the company structure include the appointment of their new CFO Ingo Bank, OLED taillights being supplied to BMW, and acquisition of U.S. LED module manufacturer Novità Technologies.

Epistar also released a series of financial announcements and changes in its product structure this week. The Taiwanese Epi-wafer manufacturer is restructuring its production line and resources to turn around losses, it is focusing only on a few production lines, and in niche lighting markets. The company’s AlInGaN LEDs have been in high demands as VR device demands catch up on the market, said the company spokesperson Rider Chang.

Other interesting developments this week, MLS increased investments in a Chinese LED company, while Panasonic lighting revenue target for 2018 is to reach US $3.02 billion, roughly equivalent to 5% annual growth rate for its lighting business (conventional and LED combined).

Editor recommendations

  1. Osram Starts Supplying OLED Taillights to BMW
  2. Osram Appoints New CFO
  3. Osram’s Acquisition of Novità Technologies to Meet New Demands in Automotive Lighting Sector
  4. Epistar Improves Product Structure and Profitability by Specializing in Niche LED Lighting Applications
  5. Sony and Apple’s Micro-LED Display Market Strategy
  6. MLS Scales up Investments in Chinese LED Company
  7. pureLiFi Secures Series B Financing Round for Commercializing Li-Fi Technology
  8. Ritdisplay to Expand Production by 20% to Meet Growing OLED Demands
  9. Panasonic Plans to Expand Lighting Business Revenue to US $3.02B by 2018
  10. LEDinside Reports Chinese LED Package for Lighting Reaches US $3.9 Billion in 2015

What’s trending

Government projects

Industry news

  1. Epistar Gross Margins Improves in 2Q16
  2. Epistar Runs into AlInGaN LED Supply Shortage
  3. HC Semitek Unveils Preliminary MEMSIC Acquisition Plan
  4. Philips Lighting Chosen by AllSaints to Illuminate Certain Shops Worldwide
  5. Osram Acquires U.S. Automotive LED Module Specialist Novità
  6. Silan Forecasts Net Profits Plummet 60% in 1H16
  7. Cree Signs LED Components Distribution Agreement with Avnet
  8. Epistar Reorganizes Resources to Turn Around Losses
  9. NEMA Elects Four New Board of Governors Members

New products

  1. Vauxhall Adapts Full LED Adaptive Lighting to New Zafira Tourer and Mokka X Models
  2. AquiSense Technologies UVC LED Water Disinfection System Receives NSF Lead-Free Certification
  3. IGNIS and LG Display Sign OLED Patent License Agreement
  4. Columbia Lighting Launches Contemporary LED Wall Wash Luminaire
  5. The Lighting Industry Association and University of South Wales Partner up on Educational Courses
  6. Lumileds New LUXEON Stylist White LEDs Brighten up Retail Spaces
  7. Digital Lumens Launches New Intelligent Lighting Control System Platform for Smart Buildings
  8. GlacialPower Launches Robust 150W LED Driver
  9. Toshiba’s New Small Single-wire Input Illumination LED Driver to Save Space in LED Modules
  10. Deco Lighting Releases LED Area Lighting Solution
  11. ams New Light Sensors Can Halve Smartphone Apertures Size
  12. Peterson Launches Submersible LED Trailer Light Kit
  13. Bartheleme Releases Two New LED Downlights
  14. Cree Offers 10-Year Warranty for its Smart Lighting System
  15. Transcend Lighting Launches Linear LED Grow Lights

Lighting projects

  1. Osram Provides Brilliant Light Solution for Jakarta Art Installation
  2. Africa’s Longest Cable-Stayed Bridge Shines Bright in Moroccan Desert
  3. Soraa's LED Lights Bring to Life Madame Tussauds Wax Figures
  4. Cree SmartCast PoE Integrated in Cisco's High Availability Business Center in California
  5. Sky Harbor Completes LED Lighting Retrofit in Parking Garage
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