LED manufacturers have announced their revenues for April lately, with Taiwanese LED chip and package manufacturers Epistar and Genesis Photonics Inc. (GPI) performance outshone other competitors, reported China Times.

Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (AGM) has approved the separation of the Lighting business from Royal Philips. Following the vote in Amsterdam, Royal Philips will continue the process to set up two market-leading independent companies that will focus on the vast opportunities in health technology and lighting solutions.

Rubicon Technology, a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its first quarter ended March 31, 2015.

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, reported financial results for the first quarter ended March 31, 2015.

Pixelligent Technologies announced that it has been selected for a Phase II Solid State Lighting award from the US Department of Energy to support the development of advanced light-extraction materials for OLED Lighting. Pixelligent has partnered with OLEDWorks for this grant, which follows work on a Phase I award from September 2014.

Ledman Opto will be building on its LED package, display, lighting and energy saving service foundation to expand its operations in soccer and other sports applications, said the company’s Chairman Mantie Li at a 2014 financial result briefing.

Edison Opto and Epistar have jointly won a 10 million LED bulb Indian government contract valuing NT $300 million (US $9.77 million), according to an UDN report.

In two separate company statements released yesterday, Epistar board approved fully integrating TSMC Solid State Lighting (元芯光电), and non-public issuance of 165 million company shares to raise capital.

Veeco Instruments announced its financial results for the first quarter ended March 31, 2015. Results are reported in conformity with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.

Genesis Photonics Inc. (GPI) second largest investor, Chicony, has acquired a 7% stake worth NT $350 million (US $11.14 million) of Everlight bonds, reported China Times.

Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) (//www.rgrdlaw.com/cases/rubicon/) announced that a class action has been commenced in the United States District Court for the Northern District of Illinois on behalf of purchasers of Rubicon Technology, Inc. (“Rubicon”) (NASDAQ:RBCN) common stock in the Company’s public offering on or about March 19, 2014 (the “Offering”).

Epistar Chairman B.J. Lee upheld a positive outlook for the LED industry in 2Q15, following surging orders in May, reported UDN.

Three out of six Chinese LED lighting manufacturers found themselves in an“awkward” financial situation in 2014, with many reporting plunging net profits in their recent fiscal report.

Osram is systematically tackling its realignment. At yesterday’s meeting, the supervisory board of OSRAM Licht gave the green light for a mandate to examine the carve-out of the general lighting lamps business. As an independent entity, the business could operate more freely on the market and realize strategic options, such as for example partnerships, more easily. The businesses with opto semiconductors, automotive and specialty lighting as well as luminaires, lighting systems and solutions would as a result form the future core business of Osram. With this move, the company will increase its focus on growth, innovation and technology leadership and addresses the different dynamics and requirements in the changing lighting market.

At today’s meeting, the supervisory board of OSRAM Licht AG extended the contract of Chief Financial Officer Klaus Patzak (49) by five years until 2021, effective from April 1, 2016. Patzak, who holds a doctoral degree in business administration, has been a member of the Osram managing board since April 2011. Before that, he was Chief Accounting Officer and Controller at Siemens AG. “We are very happy to continue our work with Klaus Patzak. He had an essential part in bringing Osram’s transformation forward during difficult times and will now also accompany the company’s strategic realignment with his expertise,” said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. Additionally, the supervisory board of OSRAM Licht AG today gave the green light for a mandate to examine the carve-out of the general lighting lamps business.

Despite delivering strong sales in its LED business, Philips profits in 1Q15 declined 28% due to slowdown in its health business, reportedFinancial Times and Marketwatch.

Panasonic Corporation today reported its consolidated financial results for the year ended March 31, 2015 (fiscal 2015).

The judge’s final verdict will probably be based on Michigan Federal jury findings that two Nichia patents were invalid in the case against Everlight, said former Industrial Technology Research Institute (ITRI) researcher Jerry Yu.

This interview performed and was published by Lumen&ExpertUnion – Russian professional magazine about light and lighting (www.lumen2b.ru) The interviewee, Alexey Malakhov. Graduated in 2007 from National Research University Moscow Power Engineering Institute (MPEI). Cathedra specialist of lighting “Light source & Electronic starter”. Malakhov has worked in the lighting industry since 2005. He participated in the implementation of lighting projects including airport, stadium, factories, city infrastructures and transport.

The Indian government rolled out a massive green policy last October to replace the country’s 750 million tungsten bulbs with LEDs. But it will be Chinese companies that might acquire the potentially INR 240 billion (US $3.78 billion) worth of LED orders in the Indian market, due to domestic companies limited supply and lack of finances to meet this demand, reported Hindustan Times.

China-based LED company MLS recently announced the company had met its 2014 revenue target of RMB 4 billion, or 39.25% growth compared to the same period in 2013.

Cree, a market leader in LED lighting, announced revenue of US $409.5 million for its third quarter of fiscal 2015, ended March 29, 2015. This represents a 1% increase compared to revenue of $405.3 million reported for the third quarter of fiscal 2014.

Reinforcing the company’s commitment to providing innovative, quality LED lighting solutions, MaxLite has appointed Greg Galluccio, an executive with more than 30 years of electrical industry experience, as vice president of product management and engineering.

German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company.

Indian electric goods maker Havells has acquired a controlling 51% stake in LED and solar energy company Pompetec Renewable Energy Solutions, reported The Economic Times.

Lianovation recently announced its revenue was up 22.14% to RMB 1.96 billion (US $320 million) in 2014.

Seeking Alpha, a U.S. financial content service provider, has recently revealed ForceField Energy, a LED installation and energy efficient lighting company engagement in misleading paid stock promotion.

OSRAM Licht AG recorded a continued positive operative earnings development in the second quarter of fiscal 2015. The adjusted EBITA of EUR151 million for the second quarter of fiscal 2015 was positively impacted by favorable currency relations. This results in an adjusted EBITA margin of 10.8%. Based on today’s consultations, the Management Board therefore expects an adjusted EBITA margin of above 9.0% for fiscal 2015.

Corning Incorporated today announced a collaborative agreement with OLEDWorks to develop unique, flexible, and conformable OLED lighting solutions using Corning® Willow® Glass as an integrated substrate.

AIXTRON SE, one of the world’s leading manufacturers of deposition systems for the semiconductor industry, today announced that it has acquired privately held Silicon Valley-based PlasmaSi, Inc. effective 1 April 2015. The purchase price is US $16 million and will be paid in cash.