Taiwan’s Ministry of Economic Affairs (MOEA) announced it will be supporting the development of OLED technology in Taiwan and will be investing NT $100 billion (about US $3.21 billion) to develop the technology, during a press conference to promote new display technologies in the country’s capital Taipei, stated the ministry.

HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.

China Electric and Philips Lighting launched a joint International Lighting Design Center in Taipei on Monday, stated Taiwanese LED luminaire manufacturer China Electric.

China Electric, a leading Taiwanese LED luminaire manufacturer and owner of lighting brand TOA, announced it won the bid for three large scale LED streetlight projects in Taiwan this year totaling NT $400 million (US $12.84 million).

 AquiSense Technologies, the world leader in UV-C LED disinfection systems, has been wholly acquired by Nikkiso America in a cash deal. With over a half century of product development, Nikkiso has provided original technologies to a range of industries, including medical, aviation, life sciences, and microelectronics. AquiSense and Nikkiso share a common goal of providing life-saving disinfection products employing UV-C LEDs. Nikkiso is a leading manufacturer of UV-C LEDs, utilizing core technology from Nobel Prize recipients. AquiSense is an award-winning manufacturer of water, air, and surface disinfection systems with UV-C LEDs at the core of each design.

Pixelligent Technologies, the leader in high-index advanced materials for Solid State Lighting and Display applications and producer of PixClear® products, announced that it closed US $10.4 million in new funding. The round was led by The Abell Foundation, The Bunting Family Office, and David Testa, the former Chief Investment Officer of T. Rowe Price. Funds will be used to complete the installation of additional manufacturing capacity, open new offices in Asia, and continue to drive innovation in lighting, display and optical applications.

Intertek, announces the expansion of the Lighting General Coverage Program to include a larger scope of LED products. The expansion gives manufacturers of lighting projects for the hospitality industry a product certification alternative for LED luminaires, resulting in a quicker, more efficient time to market for a wider variety of products. This marks the latest of several LED expansions the company has made, including the 2015 launch of its Class P program, which defines evaluation and testing guidelines for standardized LED driver constructions and ratings.

Outlook: Systematic pursuit of strategic reorientation and restructuring; no concrete forecasts for revenues and earnings For the Zumtobel Group, the 2015/16 financial year was characterized by fundamental strategic reorientation and restructuring. As the technology shift progresses, the Management Board is aiming to align the Group with new and innovative business models. In total, the lighting group generated the highest revenues in its history. Group EBIT, however, was still below expectations in the reporting year.

Top LED chip manufacturer Epistar’s shipment volume rose in second quarter, and the company revenue climbed up on the back of easing price falls, but still faces financial challenges ahead, reported Taiwanese media Money DJ.com.

GE Lighting recently announced it will be closing two traditional lighting production plants in Lexington, Kentucky in U.S. by August 2017, reported Lexington KY News.

Shimla, a city located in Northern Indian state of Himachal Pradesh, will be replacing about 8,000 conventional streetlights with LEDs, reportedThe Times of India.

Intense price competition in the blue LED market has urged Taiwanese manufacturers to transform their business models, among these include Arima Optoelectronics (Arima), which is one of the leading companies in the Greater China region to give up blue (InGaN) LEDs, reported UDN.

Leading Korean LED manufacturer Seoul Semiconductor and Lumens recently announced their separate new fab investment plans in Vietnam, reported Yonhap News Agency.

Major iPhone assembler Hon Hai Precision Industry, or also kn0own as Foxconn Technology Group announced the Chinese government finally gave it the green light to approve Japanese conglomerate Sharp for US $3.5 billion, reported Nikkei Asian Review.

The Delhi Electricity Regulatory Commission (DERC) in India rejected a petition by the South Delhi Municipal Corporation (SDMC) requesting for reduction in energy charges payable by them to BSES Rajdhani, reported The Times of India.

Veeco Instruments announced that Epistar has ordered multiple TurboDisc® EPIK™700 Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems for the production of light emitting diodes (LEDs).  The Veeco systems will be used to meet demand for various applications.  

On August 5, 2016, Shanghai Wellmax Lighting Industry’s (WELLMAX) Sales Manager Tony Song and Senior R&D Engineer Jianzhang Wang led a team to visit the DEKRA Testing & Certification Lab located at Jiangchang San Road, Shanghai, and carried out in-depth technical exchange with DEKRA representatives. The team visited the LED Technical Center and Mechanical Laboratory, the Performance and Efficiency Laboratory, and the Electrical Safety Laboratory, and was introduced to the EMC Test Room (for radiation, conduction and anti-interference), the Optical Testing Center (with light distribution test instrument), and many other experimental facilities and methods.

Nichia’s patent infringement suit filed against the world’s third largest TV vendor TCL Multimedia (TCL) and subsidiary TTE Technology (TTE) on Aug. 8, 2016, is a significant move to prevent unpatented Chinese LED chips from entering U.S., said LEDinside analysts.

On August 8, 2016, Nichia Corporation ("Nichia") filed two patent infringement lawsuitss against TTE Technology, a U.S. based LCD TV distributor, and TCL Multimedia Technology in two district courts in U.S.

Rubicon Technology, a provider of sapphire substrates and products to the LED, optical and semiconductor industries, reported financial results for its second quarter ended June 30, 2016.

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

JDI’s previous statement denying claims it sought aid from top shareholder INCJ was overturned on Tuesday.

Samsung Display is running low on OLED supply, due to soaring OLED display demands from Chinese smartphone makers, reported The Korea Herald.

Seoul Viosys, a world class UV LED solution company (www.seoulviosys.com), announced that it has filed a lawsuit with the Federal District Court of Southern New York, US on Aug. 8, 2016 against P3 International, a U.S. manufacturer of home electronics products who sells their products through large retail shops such as WalMart, on the grounds that the company has infringed SEOUL VIOSYS’s UV LED mosquito trap device MosClean’s patented technology.

Yonkers Mayor Mike Spano and the New York Power Authority (NYPA) in U.S. announced that, through their partnership in the Five Cities Energy Initiative, Yonkers will replace 20,200 interior lighting fixtures with LED energy efficient tubes in all city operated buildings. The project, partially funded by NYPA, will save Yonkers taxpayers up to $250,000 per year and reduce the City’s carbon footprint by 1,226 tons annually. 

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.