Chinese LED manufacturers Feilo Acoustic, cnlight and Foshan Lighting announced their latest financial investments and developments.

Auckson Opto recently announced its revenue for first half of 2016, which revealed its revenue and gross margin all declined.

AUO Chairman and CEO Paul Peng applauded Taiwan’s Ministry of Economics Affairs (MOEA) plan of vertically integrating the country’s OLED supply chain, but cautioned the Taiwanese government needs to implement concrete measures and follow through, during the opening ceremony of Touch Taiwan 2016.

On August 24th, 2016, Global Sales Manager Steve Byun, Lighting Marketing Manager Brandon Lee and R&D engineers from Samsung Electronics (SAMSUNG) visited Shanghai Wellmax Lighting Industry (WELLMAX) located at Pudong New District, Shanghai. They were greeted by the CEO of WELLMAX, Yamin Wang, and WELLMAX R&D engineers.

A LED plant valuing US $34 million that will be constructed in Qatar soon, will be initially have an annual production capacity of 500,000 units, said South Korean ambassador Heung Kyeong Park.

Honolulu, a city in Hawaii, U.S., abruptly scheduled a plan to convert Oahu’s streetlights to LEDs about nine months ago but the lighting installation was delayed, due to contract issues, reported Hawaii News Now.

San’an Opto announced during first half of 2016, the company revenue was up 21.25% to reach RMB 2.78 billion (US $471.81 million), which was mainly from increased production capacity.  

Apple might be launching a premium iPhone model with a curved OLED screen display, similar to that seen in top competitor Samsung Electronics, reported Nikkei Asian Review.

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

Landing International Development posted a large net loss, despite its revenues rising 3.07 times annually in first six months of 2016 to reach HK $445 million (US $57.39 million).

Olympic Games Rio 2016 propelled Chinese lighting manufacturers into the international sports arena with many lighting up Olympic venues and landmarks, and helped manufacturers break the OEM stereotype in the eyes of international clients, reported Chinese language media 21st Century Business Herald.

Jufei Opto announced its total revenue soared 57.32% Year-on-Year to reach RMB 654.96 million (US $98.62 million) in first half of 2016, but its gross margin declined during the period.

Chang Wah Technology (CWTC) LED leadframe business has shown strong growth this year, as the company makes breakthroughs in pre-molded leadframe technology, reported Money DJ.com.

Indian LED manufacturer Eveready Industries acquired a large order of 1.3 million LED tube lights from the state-owned power company Energy Efficiency Services Ltd. (EESL), reported Business Standard.

A subsidiary of Thailand’s Provincial Electricity Authority (PEA), PEA Encom International, announced it will be establishing LED lighting products and solar panels manufacturing facilities, reported The Nation.

A new national framework to help councils drive forward major energy efficient street light replacements has gone live.

Alpha Assembly Solutions, the world leader in the production of electronic soldering and bonding materials, announces the election of their Vice President of Energy Technologies, Ravi M. Bhatkal, Ph.D., to the iNEMI Global Board of Directors for a second term.

Top LED manufacturer AOT posted stable revenues for second quarter, but bad product portfolio and pressure to lower prices, lead to sliding gross margins and net losses.

In order to reflect its true value to the lighting industry, the National Association of Independent Lighting Distributors has changed its name to the National Association of Innovative Lighting Distributors, the organization announced today.

Chinese LED manufacturers Nationstar, Opple Lighting and Ocean King all unveiled their latest earnings for first half of 2016.

Everlight announced that it will be filing another suit to invalidate Nichia’s YAG LED patent in Germany.

Chinese manufacturers technology have advanced in the past year to result in large GaN price fluctuations, and have entered III-V EPI-wafer synthesizing industry to build a comprehensive IoT and telecommunication supply chain in the upstream sector.

Opple Lighting successfully closed its first IPO and raised RMB 864 million (US $130.26 million) after issuing 58 million shares, the company stated.

OLED displays might not be found on all iPhone 8 that is rumored to be launched in September 2017, according to a Barron’s blog article.

Lenovo demonstrated prototype tablets and smartphones housing flexible displays at Lenovo Tech World in June 2016, but its latest online video shows the company might launch other new products at the upcoming IFA in the next few weeks.

Changelight announced its revenue soared 107.14% to RMB 458.34 million (US $69.08 million) in second half of 2016, but its net profits tumbled, reported China Securities.

With judgment dated August 16, 2016 (docket number X ZR 96/14), the German Federal Court of Justice decided that the German part of Nichia’s patent EP 936 682 (DE 697 02 929), i.e. the “YAG patent” is valid. As a consequence, the Federal Court of Justice lifted entirely the first instance judgment of the German Federal Patent Court from 2014 (docket number 2 Ni 11/12) which had found Nichia’s YAG patent invalid and dismissed in total the nullity action initiated by Everlight Electronics Co., Ltd. (“Everlight”).

Kyulux, an advanced materials startup company that is commercializing the next generation of OLED display and lighting technology known as TADF (Thermally Activated Delayed Fluorescence), announced today that it has secured a license to  Harvard University's  Molecular Space Shuttle deep learning system for the discovery of materials for display and lighting applications. The Molecular Space Shuttle is an artificial intelligence platform designed by Alán Aspuru-Guzik's group at  Harvard's Department of Chemistry and Chemical Biology.

Cree, a market leader in LED lighting, today announced revenue of US $388 million for its fourth quarter of fiscal 2016, ended June 26, 2016. This represents a 2% increase compared to revenue of $382 million reported for the fourth quarter of fiscal 2015, and a 6% increase compared to the third quarter of fiscal 2016. GAAP net loss for the fourth quarter was $11 million, or $0.11 per diluted share, compared to GAAP net loss of $88 million, or $0.83 per diluted share, for the fourth quarter of fiscal 2015. On a non-GAAP basis, net income for the fourth quarter of fiscal 2016 was $19 million, or $0.19 per diluted share, compared to non-GAAP net loss for the fourth quarter of fiscal 2015 of $21 million, or $0.19 per diluted share.

Global Clean Energy, GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.