Taiwanese LED manufacturer Lextar posted a net loss of NT $ 120 million (US $ 3.82 million) for second quarter of 2016, despite reporting a revenue increase.

Taiwanese LED manufacturer Lite-On’s latest financial performance in July 2016, showed its global consolidated revenue reached NT $19.4 billion (US $630 million), setting a new record high in the last nine months.

Japan Display Inc. (JDI), a manufactuerr of small to mid-sized LCD displays issued a statement on Saturday refuting claims made by Nikkeiand other media that it was seeking financial support from INCJ.

GE Lighting has helped monitor athletes performance with LED biosensors at the 2016 Summer Olympics that took place from Aug. 5-21, 2016 in Rio de Janerio and its projects there invovles more than illuminating venues.

U.S. researchers claim to have found a new method to overcome green LED droop issues. GCS Holdings sell to San’an Opto faces similar fate as Lumileds, with U.S. authorities blocking the acquisition transaction over undisclosed concerns. Samsung rumored to be investing huge sums in 3D NAND flash memory and OLED panels.

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, today announced the signing of an OLED Technology License Agreement and Supplemental Material Purchase Agreement with Tianma Micro-electronics, a leading Chinese small-and medium-size display panel manufacturer. The agreements run for five years.

Osram is expanding its leading market position in the entertainment sector and has acquired certain assets from ADB TTV SAS to continue its business operations. The acquired business will become integral part of Osram’s subsidiary Clay Paky. ADB is a French company which specializes in lighting for theaters and TV studios based in Saint Quentin. The transaction was completed on 3 August 2016. “With the acquisition of ADB TTV SAS’ business and the highly reputable ADB brand, we will expand our position in the innovation-driven entertainment lighting market”, said Hans-Joachim Schwabe, CEO of Osram's Specialty Lighting business unit.

Kyocera announced that it will acquire all shares in Melles Griot KK — a Japan-based manufacturer specializing in optical components which is currently a subsidiary of U.S.-based IDEX Corporation — in order to further expand its optical components business. Melles Griot KK is expected to become a wholly owned Kyocera Group company effective on Sept. 1, 2016.

Samsung’s latest flagship phone Note 7 iris recognition features created a new buzz in the market, as the new phone’s IR modules used for optical recognition is expected to benefit IR LED manufacturers, such as Epistar and High Power Lighting, reported UDN.

Goa, a state in India has lifted its ban of using LED fishing lights on boats, and now will permit the use of these lighting equipment on boats in areas beyond 12 nautical miles, which is the boundary of jurisdiction for the state, said Fisheries Minister Avertano Furtado.

Was Merck vying Samsung Electronics quantum dot TVs, when it signed the quantum dot marketing agreement with Nanoco? Well that is what one Korean Times report claims.

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its first quarter of fiscal 2017, ended June 30, 2016.

The intensity of patent wars heated up in the last two years, especially among leading manufacturers in the industry such as Cree, who has filed suits against Asian rivals from 2015-2016. In its latest case against Taiwanese LED manufacturer Unity Opto and its American client Feit Electric, the two defendants might be willing to settle the case with Cree.

Cree announced that it has received a Notice of the Initial Determination in U.S. International Trade Commission ("ITC") investigation No. 337-TA-947 (“Certain Light-Emitting Diode Products and Components Thereof”) in favor of Cree against respondents Feit Electric Company and its Asian supplier, Unity Opto Technology, on violations of trade laws for both patent infringement and false advertising.

Revenues of US $75.3 million GAAP net loss per share of $0.82, includes a pre-tax charge of ~$16 million associated with the restructuring plans Non-GAAP net loss per share of $0.19 Non-GAAP adjusted EBITDA of negative $2.8 million

The high-barrier films coatings market environment is currently complex and in a state of flux as it undergoes some significant transitions driven by evolution of the technologies involved and end-user product demands according to the latest market data from Smithers Apex.

Veeco Instruments announced the appointment of Kathleen Bayless to its Board of Directors and its Audit Committee.  

GCS Holdings (GCS) announced it dropped the deal to sell itself to San’an Opto after U.S. regulatory authority blocked the transaction, reported TechNews.

Nanoco Group, a world leader in the development and manufacture of cadmium-free quantum dots (CFQD® quantum dots) and other nanomaterials, announced it has signed a worldwide material supply and licensing agreement with Merck, a leading science and technology company. The license allows Merck to immediately start marketing Nanoco’s CFQD quantum dots and to ultimately establish its own production facility to meet growing market demand for this innovative, heavy metal-free material.

Dow Corning, a global leader in silicones, silicon-based technology and innovation, announced that the European Patent Office (EPO) rejected a request to revoke patent EP-1556443. The patent is part of the rich intellectual property (IP) portfolio that protects the company’s proprietary high refractive index (RI) phenyl-silicone-based optical encapsulant technology, which offers enhanced light output, improved reliability and other benefits for high-brightness LED lighting designs.  The EPO’s decision significantly strengthens Dow Corning’s IP position in Europe’s fast-growing LED lighting market where patent compliance is strategically important, as well as other key global LED manufacturing centers, such as the U.S., Japan, Korea and China.

Hubbell Lighting, a leader in lighting innovation, announced that it has appointed PG enlighten as its new representative throughout Northern Illinois, to include Chicago, Rockford, Central Illinois and Northwest Indiana in U.S., effective Sept. 1, 2016.

Samsung will be investing KRW 17 trillion (US $15 billion) in 3-D NAND flash memory chips and OLED panels, that are both key smartphone components to stay ahead of competition, reported The Korean Herald.

With the domestic market approaching saturation, branded Chinese LCD TV vendors see overseas expansion as the only means to grow their market shares and raise their brand recognition. The latest example of this approach is the acquisition of the U.S.-based consumer electronics maker VIZIO by LeEco, a rising Internet brand in the Chinese LCD TV market. Reports of VIZIO being up for sale gained traction after Foxconn’s acquisition of Sharp, and the US $2 billion deal with LeEco was finally announced on July 27.

Dow reported earnings per share of $2.61, or operating earnings per share of $0.95. This compares with Earnings per Share (EPS) of $0.97 in the year-ago period, or operating EPS of $0.91. Certain Items in the quarter primarily reflected a $2.20 per share gain related to the Dow Corning ownership restructure and a $0.27 per share charge for costs associated with the restructuring plan announced in the quarter. The tax rate was impacted by Certain Items. Excluding these, the tax rate was within the Company’s modeling guidance.

Authorities in the Haryana state located in Northern India have made LED bulbs mandatory for all central and state government offices, public sector agencies, institutions and establishments to use LED lamps, reported The Economic Times.

LG Display, the world’s leading innovator of display technologies, announced today that it will invest KRW1.99 trillion (US $1.78 million) in a new 6th generation (1,500mm x 1,850mm) flexible OLED display production line in Paju, South Korea, as part of its preemptive efforts to change and lead the approaching era of flexible OLED screens for mobile devices.

Future-forward LED firm Lighting Science today announced the recent appointment of veteran marketing executive Laura Calenda to the newly-created role of senior vice president of marketing. In this capacity, Calenda will partner with senior leadership to develop and implement national marketing strategy designed to expand its brand presence and educate consumers on its differentiated lighting solutions.

OSRAM agreed to security testing on existing LIGHTIFY products by Security researchers from RAPID7. Since being notified about the vulnerabilities identified by Rapid7, OSRAM has taken actions to analyze, validate and implement a risk-based remediation strategy, and the majority of vulnerabilities will be patched in the next version update, currently planned for release in August.

Hubbell Lighting, announced that it has opened a new regional distribution center in Dallas, Texas, in an effort to support an increase in market demand for its products. It will occupy a portion of CEVA Logistics’ 37,161 meters (400,000 square foot) facility in the Grapevine area of Dallas Fort-Worth.

Auckson Opto (the company), recently announced the reason behind its suspended trade on the Chinese bourse since July 20, 2016, according to a report from China Securities Journal.