Nanoco Group, a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, and Wah Hong Industrial Corporation (TPEx: 8240, "Wah Hong"), a leading Taiwanese manufacturer and supplier of optical films, jointly announce that they have signed a supply and licence agreement in the display sector.

Philips Lighting announced the appointment of Stéphane Rougeot as Chief Financial Officer, effective September 1, 2016. Rougeot succeeds Rene van Schooten Business Group Leader Lamps, who in addition to his current role held the position on an interim basis for nine months.

Power management company Eaton announced a collaboration with NuLEDs™ a leader in Power-over-Ethernet (PoE) lighting systems, aimed at making buildings smarter and seamlessly securely connected. The two companies will go to market with a joint product offering including Eaton’s complete portfolio of PoE-enabled LED luminaires and NuLEDs’ drivers, software, sensors and keypads.

Philips reports Q2 sales of EUR 5.9 billion (US $6.49 billion) and comparable sales growth of 3%, a 9% improvement in Adjusted EBITA to EUR 544 million and net income of EUR 431 million

China’s LED industry produced 296.3 billion LEDs during first half of 2016, up 19.21% Year-on-Year, reported China Light Industry Internet (CLII).

After three long years, Opple Lighting’s Initial Public Offering (IPO) application was finally approved by China’s Securities Regulatory Committee (CSRC), and is closer to its goal of being listed on the Chinese bourse.

Going net-zero carbon is the smart, inevitable choice for the companies of today and of the future – where “the business model fits as a solution glove to all the things that we need to address in the climate change challenge,” says Harry Verhaar, Head of Global Public & Government Affairs, Philips Lighting, in a Climate TV interview during the Business & Climate Summit convened in London last month by The Climate Group.

Soaring demands for AlInGaN LEDs for virtual reality (VR) and security applications caused severe chip shortages for Epistar, reported Taiwanese media Commercial Times.

German lighting giant Osram announced two important developments in its automotive lighting business this month, such as supplying OLED taillights to BMW and its latest acquisition of U.S. automotive LED module manufacturer Novita Technologies. How will the acquisition affect the LED industry, though?

Chinese LED manufacturer Silan Microelectronics (Silan) announced Thursday the company’s preliminary financial results for first half of 2016 plunged more than 60% year-on-year to RMB 64.42 million (US $9.66 million), reported Sinai.

HC Semitek, released a statement Wednesday night stating it acquired leading global Microelectromechanical systems (MEMS) sensor manufacturer MEMSIC.

Panasonic announced it will be raising its lighting revenue from JPY 320.3 billion (US $3.02 billion) from 2015 to JPY 400 billion by 2018, according to a report from Nikkei.

Affected by oversupply issues in the LED industry, leading Taiwanese LED EPI-wafer manufacturer Epistar (the company) lowered production costs by adjusting its production capacity and integrating subsidiaries FOREPI and Huga Optic resources, reported Taiwan media Apple Daily.

IGNIS Innovation (IGNIS), a Canadian emissive display technology company, announced the execution of a Patent License agreement with LG Display, the Seoul-based world-leading display manufacturer. Under the agreement, IGNIS will provide LG Display under a non-exclusive license, access to its circuit technology to enhance the performance of OLED displays. As recognized by the display industry leaders, circuit technology is crucial for today’s AMOLED applications including TV, IT, high resolution smartphone, virtual reality, automotive and next generation printing.

Osram’s managing board is complete again. At an extraordinary meeting on Monday, the supervisory board of the lighting company appointed Ingo Bank as new CFO of OSRAM Licht AG. Ingo Bank, 48, joins Osram from Parexel, a U.S. biopharmaceutical service provider where he served as Chief Financial Officer. He will take up his post at Osram on September 1, 2016. "In Ingo Bank, we have found a financial expert with a proven track record and a strong international background. At the same time, he has extensive knowledge of technology markets, including the lighting industry," said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. Ingo Bank's term will run for three years.

Taiwanese LED chip manufacturer Epistar revenue in June 2016 was down 2.3% to NT $2.11 billion (US $65.87 million) compared to a month earlier, due to inventory take during the end of second quarter, according to a MoneyDJ report.

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.

Ritdisplay, a subsidiary of Ritek Group, is an OLED panel maker. This year the market's demand has been strong. In first half of 2016, its revenue reached NT $997 million (US $31.21 million), and its annual growth rate surpassed 40%, according to a MoneyDJ report.

Is the long-anticipated rebound in the panel industry finally coming? South Korean panel maker, LG Display (LGD) CEO Sang Boem Han expressed on Wednesday that the market already showed signs of improvement. He expected that LGD's revenues will improve by second half of 2016.

Cree has sold off its profitable GaN driver and RF business to Infineon for $850 million, so it can focus on its LED business, said the company. The Asian Development Bank announced it will be financing about US $50 million in Malaysian state Melaka smart LED streetlight project, which involves retrofitting 100,000 streetlights. LEDinside also had the chance to speak to Lawrence Lin, General Manager of MLS or Forest Lighting, about the company’s strategic distribution partnership with YACG in Taiwan, and its current LED package strategies.

The U.S. Department of Energy's CALiPER program has released a new Snapshot report on linear LED lamps, commonly known as TLEDs. 

The National Electrical Manufacturers Association (NEMA) announced that ANSI Accredited Standards Committee C136 published ANSI C136.49-2016 American National Standard for Roadway and Area Lighting Equipment—Plasma Lighting. This new standard defines the electrical and mechanical requirements of plasma type light sources for use in roadway and area lighting luminaires.

Noribachi, a leading U.S.-based custom LED manufacturer for high output commercial and industrial lighting solutions, today announced its continued growth in second quarter of 2016 due to the launch of its ALiVE product line, expansion of its regional sales organization and enhanced manufacturing capabilities.

Cree, a market leader in LED lighting, today announced execution of a definitive agreement to sell its Wolfspeed Power and RF division (“Wolfspeed”), which includes the silicon carbide substrate business for power, RF and gemstone applications, to Infineon Technologies AG for $850 million in cash. 

Earlier reports from China this week claimed Chinese online video platform LeEco formerly branded as LETV acquired leading U.S. LCD TV manufacturer VIZIO, according to a TechNews report.

Taiwanese LED manufacturer Harvatek's revenue growth was incremental during first half of 2016. However, following its success in LED thread technology, the company intends to supply related products to the market by second half of 2016, resulting in turn around of its financial performance.

Ryuchi Kaga, Head of the Office of Public-Private Partnerships of the Asian Development Bank (ADB) and Datuk HJ. Kamarudin Bin MD Shah, CEO of Melaka Green Technology Corporation, signed a transaction advisory services agreement today that will pave the way for a public-private partnership (PPP) project to install energy efficient road lights in the Malaysian state of Melaka. 

SemiLEDs Corporation, "SemiLEDs" or the "Company," a developer and manufacturer of LED chips and LED components, today announced its financial results for the third quarter of fiscal year 2016, ended May 31, 2016.

The BILTON Group has established itself on the market with innovative products and newly-conceived production processes as a specialist for flexible linear LED lighting and intelligent light management systems. With the recently-conducted capital increase of EUR 1.6 million (US $1.78 million), the model company from Salzburg is now fit for rapid expansion. After a growth of over 70% in the last fiscal year, an increase in turnover for this year of more than 100% is planned.

The eighth annual SYLVANIA Socket Survey, a nationwide measure of public attitudes about energy-efficient lighting and awareness of lighting trends, was released today by LEDVANCE. The industry-benchmark survey found lighting to be one of the top forms of smart technology Americans own, with a 40% increase since 2015. The results also showed more than 60% of Americans believe smart lighting fits their lifestyle, and 55% confirmed they’re likely to purchase smart lighting when they need new bulbs.