2016-05-30

Ledvance Officially Becomes Legal Entity

An almost incomparable depth of experience in terms of light, successful products with strong brands and a high-impact sales team – these are the strengths the company of Ledvance will be focusing on from 1st July 2016. This is the day on which the current Osram Lamps business division will become legally independent and will therefore become Ledvance GmbH.
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2016-05-30

Renfrewshire in UK Begins New LED Streetlights Installations

A major investment in new, hi-tech LED street lighting across Renfrewshire has got underway in Paisley.
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2016-05-27

Gujarat in India Launches Affordable LED Lighting Scheme

India’s affordable LED lighting for all government initiative, Ujala Scheme, is now being rolled out in the country’s westernmost state Gujarat, according to a report from The Financial Express.
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2016-05-26

Taiwanese Banks Tightens LED Industry Credit Policy

Certain Taiwanese financial institutes are starting to tighten their credit policies on three industries that have been affected by intense market competition from China, including LED, solar energy and displays, reported UDN recently.
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2016-05-26

China and Belgium Sign LED Partnership Agreement

Chinese and Belgium government agencies signed a LED lighting partnership agreement in Hasselt, capital of Limburg province in east Belgium on Tuesday, reported Xinhua.
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2016-05-24

Aixtron to Remain a German Company and Keep Patents after GCI Acquisition

In a letter issued by Aixtron, it assured clients that it would remain a German company, protect its patents, and highlighted the benefits the potential acquisition deal with Fujian Grand Chip Investment Fund (FGC) would have on its future business strategy.
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2016-05-24

Aixtron Largest Shareholder Argonaut Capital Critical About Proposed Takeover

Aixtron’s announcement last Friday that is in talks with Chinese investment group Fujian Grand Chip Investment Fund (GCI)’s German subsidiary has attracted criticism from one of the group’s largest shareholder Argonaut Capital, according to aFinancial Times report.
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2016-05-24

Epistar Rebuts Reports Claiming it Laid Off 100 Employees

Taiwanese LED EPI-wafer manufacturer Epistar has vehemently denied claims made by local media Apple Daily that it had laid off more than 100 employees following the shut down of its subsidiary FOREPI’s EPI-wafer fab.
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2016-05-24

Orion Seals US $2.4 M Retrofit Lighting Project with Global Fortune 50 Retailer

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient retrofit lighting platforms, announced a US $2.4 million retrofit lighting project with a global Fortune 50 retailer due to its ability to work with channel partners to deliver a brand new, custom product in less than a month. The project marks the initial phase of what is expected to be a broader opportunity for both retrofit lighting and new construction.
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2016-05-23

[Update] Debunking Rumors Associated with Aixtron Sales to Chinese Investor

The sales of Aixtron to a Chinese investor last Friday sparked market rumors, with some industry insiders over interpreting and speculating San’an Opto is involved in the acquisition. LEDinside takes a look into this particular market rumor.
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2016-05-23

Chinese Investment Group GCI Acquires Aixtron for EUR 670M

Aixtron and Grand Chip Investment GmbH (“Grand Chip Investment”), a 100% indirect subsidiary of Fujian Grand Chip Investment Fund LP (“FGC”), have today entered into an agreement to take over AIXTRON. Fujian Grand Chip Investment Fund LP is a Chinese investment fund; 51% of which is held by the Chinese business man Zhendong Liu and 49% by Xiamen Bohao Investment Ltd. 
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2016-05-20

OLED Production Equipment Maker Kateeva Receives US $88M in Series E Financing

The Silicon Valley technology leader disrupted the flat panel display industry when it launched a breakthrough equipment solution to mass-produce flexible Organic Light Emitting Diodes (OLEDs). Flexible OLED technology gives limitless stretch to new product design innovation by liberating panel manufacturers from the constraints of glass substrates. It enables ultra-thin, feather-light displays that are bendable, roll-able, and even fold-able. Kateeva’s solution, known as the YIELDjet™ platform, leverages inkjet printing with novel innovations to perform critical steps in the OLED manufacturing process
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2016-05-20

The Lighting Industry Association Appoints New President

Peter Scott, CEO of Fern-Howard Lighting, was welcomed as Lighting Industry Association (LIA) President by departing President, Alasdair McRury, Managing Director of Holophane Europe during the LIA’s Annual Lunch held on May10, 2016.
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2016-05-20

Spartanburg City Council Approves Public Art and Lighting Projects Funded by Bloomberg Philanthropies

Spartanburg City Council on Monday night approved design concepts for a US $1 million public art project that will light up neighborhoods later this year.  The funding is provided by Bloomberg Philanthropies. In 2015, the City of Spartanburg was selected as one of four cities nationwide to take part in Bloomberg Philanthropies Public Art Challenge, a new program to support temporary public art projects that celebrate creativity, enhance urban identity, encourage public-private partnerships, and drive economic development.
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2016-05-19

Dai Nippon Printing Raises OLED Panel Component Production

Japanese manufacturer Dai Nippon Printing will triple the output of evaporation masks, a core component in OLED panel production, to take advantage of estimated growth demands from smartphone panel applications and others, reported Nikkei.
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2016-05-19

City of Waterloo in Canada Evaluates Smart LED Streetlight Upgrade

Authorities of City of Waterloo in Canada will upgrade its current LED streetlights to smart LED streetlights adding features of analyzing traffic conditions, detecting snowfall and connecting to gas and water utility meters, reported Waterloo Chronicle.
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2016-05-19

West Jordan in Utah to Replace 5,000 Streetlights with LEDs

The City of West Jordan in Utah, U.S., is replacing approximately 5,000 traditional streetlights with LED (light emitting diode) lights, which provide improved illumination at a reduced operating cost – and shrink the city’s carbon footprint. 
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2016-05-19

Digital Lumens Partners up with Schneider Electric on Integrating Connected Lighting into Smart Building Systems

Digital Lumens, the market leader in intelligent lighting systems, announced that it has partnered with Schneider Electric, the global specialist in energy management and automation. The partnership enables Schneider Electric customers to leverage the power of the Internet of Things (IoT) across a variety of building environments via Digital Lumens’ sensor-based connected lighting and next-generation analytics suite.
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2016-05-18

UVC LED Vendor RayVio Receives $ 26M Investment from Chinese Investors

RayVio, an advanced UVC LED vendor, announced that it has closed new funding rounds of in total $26 million led by IPV Capital and Tsing Capital. RayVio will use the new funding to scale production to meet global consumer demand for protection against germs in water and environments. RayVio’s powerful Ultraviolet (UV) LED technology enables compelling new health and hygiene products, such as point-of-use water disinfection, and creates new markets and revenue streams for original equipment manufacturer (OEM) partners around the world.
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2016-05-18

DOE Awards Three Grants to SSL Technology

The U.S. Department of Energy Office of Science and Energy Efficiency and Renewable Energy have awarded three Small Business Innovation Research (SBIR) grants targeting advances in solid-state lighting (SSL) technology. These Phase I grants will explore the technical merit and commercial potential of different innovative concepts or technologies that are expected to contribute to the achievement of the price and performance goals described in DOE’s SSL R&D Plan.
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2016-05-17

Philips Says Lighting Business IPO Could Raise More than $950 M

Philips has decided on the price for its initial public offering for its lighting unit recently, and estimates the spinoff could raise between EUR 694 million and EUR 844 million (US $785 million to US$ 954 million), reported Wall Street Journal.
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2016-05-17

DOE Announces Two Lab Funding Opportunities

DOE recently announced two lab funding opportunities, including the DOE’s Technologist in Residence program and The Manufacturing Innovation through Energy and Commerce pilot project.
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2016-05-16

StrongLED Rumored to Have Acquired Osram OEM Orders

StrongLED Lighting Systems, a company registered in Cayman Islands, but with operations based in Taiwan and China is rumored to have acquired Osram’s outsurce orders, reported Taiwanese media Commercial Times.
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2016-05-16

Opple Lighting Sued By Electronic Manufacturer over Trademark Infringement

An electronic manufacturer in China recently sued Chinese LED luminaire manufacturer Opple Lighting for trademark infringement, according to a report from Fawan, a Chinese media specializing in legal news.
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2016-05-13

Epistar to Partner with End Product Manufacturers with Increased Issues of 165M Shares

The board of Taiwanese LED chip manufacturer Epistar decided to invite strategic partners through Global Depository Receipts (GDR) or private equity (PE). Epistar locates at the upstream in the industry supply chain and the partnership with application clients secures the company’s oversea exit, said Epistar Spokesman RiderChang. In other words, the company intends to partner with the clients of their client through stake investment. The company’s shareholder’s meeting is to be launched on June 17, 2016. The stake released by two...
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2016-05-13

Semiconductor Devices of Israel Selects Veeco MBE Technology for IR Detector Production

Veeco Instruments announced that SemiConductor Devices (SCD), a leading worldwide supplier of high-end infrared (IR) detectors and laser diodes, has purchased a Veeco GEN200® Molecular Beam Epitaxy (MBE) System to meet the expanding demand for the production of IR detectors.  
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2016-05-12

LiteOn LED Business Revenue Reports Slight Decline in 1Q16

Despite delivering overall positive financial performance, Taiwanese electronic group LiteOn’s LED lighting business revenue fell slightly during first quarter of 2016.
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2016-05-12

Financial Losses Forces Tailon to Undergo Capital Reduction

Taiwanese LED manufacturer Tailon announced it will undergo capital reduction, as part of its effort to halt financial bleeding, restructure finances, and improve its financial operations.
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2016-05-12

Lextar Reports Revenue Decline in 1Q16

Lextar consolidated revenue during first quarter of 2016 slid 3.2% YoY to NT$ 3.39 billion (US $ 104.19 million), due to price pressures on the market.
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2016-05-12

Cree Files Counterclaim against Feit Electric in U.S.

Cree, a leader in LED lighting, has filed counterclaims in the U.S. District Court for the Middle District of North Carolina against Feit Electric Company, Inc. to stop infringement of Cree’s patented technologies. The suit alleges infringement of two patents related to LED bulbs.
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Recently, OMINSU Vietnam signed a strategic agreement with Seoul Semiconductor, marking a pivotal turning point in elevating the “Made in Vietnam” LED lighting brand. At the signing ceremony, Vietnam’s OMINSU and Seoul Semicond... READ MORE
From June 19 to 22, 2025, Samsung Electronics will collaborate with globally renowned artists to celebrate global diversity, artistic innovation and the power of display technology at Art Basel in Basel 2025, the world’s largest art fair he... READ MORE