2016-11-11

JDI Layoff 30% Workforce Amid Weak iPhone Demands

Small to mid-sized display manufacturer Japan Display Inc. (JDI) third quarter financial results were in the red, due to lower demands than expected from Chinese clients and its largest client Apple, reported Chinese-language media Money DJ.
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2016-11-10

Arizona-based LED Manufacturer Optolum Sues Cree for Patent Infringement

An Arizona-based LED luminaire manufacturer Optolum is suing top U.S. LED manufacturer Cree over patent infringement, reported The News & Observer.
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2016-11-10

Canadian Government Subsidizes CA $82M to National Optics Institute for Optics and Photonics Research

The Canadian government recently announced it will be subsidizing in total CA $82 million (US $62.2 million) over a five-year period to National Optics Institute (INO) to support research in optics and photonics for industrial applications.
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2016-11-10

Sunderland in UK Initiates Large Streetlight Project

More than 23,000 sodium streetlights will be replaced with LEDs in a large streetlight project rolled out in Sunderland city in UK. 
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2016-11-10

LED Heat Sink Manufacturer MechaTronix Acquires Cooling House

MechaTronix, part of the Eight Lakes Group and headquartered in Kaohsiung, Taiwan, announced its next major milestone with the acquisition of Cooling House. Cooling House, based in New Taipei City, Taiwan, is a technology leader in advanced two-phase cooling. Their high power cooling solutions are based on advanced heat pipes and thermosyphons. As experts in remote heat transfer, they can offer innovative thermal solutions that save energy on an application level and that enable system builders to use higher performance electronics components.
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2016-11-10

Quantel Laser Appoints New CEO for U.S. Arm

Quantel Laser announced the appointment of Dr. Steve Patterson as CEO of their Quantel U.S. subsidiary. A nine-year US Army veteran with service in the 1st Ranger Bn., Steve comes to Quantel after successfully leading DILAS Diode Laser’s US office through rapid growth and market expansion. Prior to DILAS, Dr. Patterson held technical and management positions at nLight Photonics and Sharp and has been involved in several technology start-ups. Dr. Patterson holds a PhD from the Massachusetts Institute of Technology, has authored numerous technical papers and has two patents to his name.
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2016-11-09

California Legalization of Recreational Marijuana to Benefit LED Grow Light Industry

A day before the U.S. presidential elections 2016, Californian voters passed a Proposition 64, which legalizes adult marijuana usage for recreational purposes.
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2016-11-09

Lextar’s Successful Transition Boosts Gross Margin in 3Q16

LED manufacturer Lextar third quarter financial results for 2016 recently showed positive developments.
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2016-11-09

Samsung Display to Ramp up OLED Mobile Manufacturing Capacity to 550M by 2017

Samsung Display plans to raise small to mid-sized OLED panels production by 35% in 2017 to meet surging OLED panel demands from Chinese smartphone manufacturers, Korean media Pulse cited a Samsung Display official saying.
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2016-11-09

Osram’s EBITA Margin Up 12.5% for Fiscal Year of 2016

Revenue rises about 6% on a comparable basis in 2016. Adjusted EBITA margin increases to 12.5%.  Proposed dividend of EUR 1.00 (US $1.13) per share. Osram managing board expects growth pace to continue in 2017.
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2016-11-08

YAMING Showcases The New Lighting Solution for Midle East Region

YAMING Lighting, the gold sponsors of Light Middle East 2016 returns to the show after a successful outing last year. Rashid Al Noori, Chairman of YAMING MEA and CIS, said, "Since the last Light Middle East edition we have been in close contact with the industry's key players and have signed partnership with distributors within the region”.
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2016-11-08

Lighting Science Wins Contract with Vizient

Lighting Science, a global leader in next-generation LED lighting solutions, announced that it has been awarded a contract by Vizient. With an annual purchasing volume of almost US $100 billion, Vizient is the largest, member-driven health care performance improvement company in the country.
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2016-11-08

LIA Offers Insurance Products for Members at Lux Live

The Lighting Industry Association (LIA), Europe’s largest trade body for the lighting industry, is launching its own range of insurance services for its 280 members.
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2016-11-07

China LED Industry Value To Surpass US $147.59 Trillion by 2020

China’s optoelectronic power house is situated in its southern province Xiamen, which is known for its strong LED lighting industry, reported Xiamen Daily.
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2016-11-07

Indian Online Boycott of Chinese Products Not the Cause of Declining Bulb Exports

Did a boycott of Chinese products on India social media websites cause the sharp decline of LED bulb imports? A movement launched on Indian social media platforms during the annual lighting festival Diwali on Oct. 31, 2016 resulted in a 30% to 50% revenue decline of energy efficient lights and LED bulbs in Mumbai.
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2016-11-07

UBS: OLED iPhones Could Create Demand Spurt but Hurt Profits

What are some of the potential consequences of introducing OLED display technology in the iPhone 8?
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2016-11-07

Samsung LED Business Profit Rebounds

Once considered the top business to sale off, Samsung Electronics LED business has made an impressive turnaround recently, reported Business Korea.
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2016-11-04

Osram Invests in Tvilight to Expand Smart Lighting Technology

Osram is expanding its expertise in smart outdoor lighting systems for cities by acquiring a minority stake in the Dutch software specialist Tvilight. The lighting maker will hold 47.5% of the company, which offers sensor technology and smart light management software for smart city solutions, among other things. Tvilight offers a platform for cities and other public space stakeholders to realize smart city visions and will continue to provide an open platform for suppliers of smart city solutions. 
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2016-11-04

Soraa Signs Distribution Partnership with Envirobrite

Envirobrite is proud to announce its partnership with Soraa as a master distributor of Soraa products.
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2016-11-04

Silvair Completes US $12M Series A Round To Finance Commercial Smart Lighting Platform

Silvair, a pioneer in Bluetooth-based smart lighting technologies for commercial applications, today announced that it has completed a US $12 million Series A round of funding. The new investment will enable the company to commercialize its end-to-end smart lighting platform, as well as to grow its marketing and customer support capabilities internationally.
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2016-11-04

Orion Energy Systems Reports Soaring LED Lighting Revenue for Fiscal 2Q17 Report

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, announced financial results for its fiscal 2017 second quarter ended Sept. 30, 2016.
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2016-11-04

Heliospectra Promotes Sustainable Cultivation Methods and LED Light Strategies in Medical Cannabis Industry

Heliospectra, a world leader in intelligent lighting technology (https://www.heliospectra.com/) for controlled environments horticulture, forecasts that America’s growing public support of legalized medicinal and recreational cannabis use will push industry to more sustainable cultivation practices and cost-effective LED light strategies.
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2016-11-03

Veeco Reports Losses in 3Q16

Veeco Instruments announced financial results for its third fiscal quarter ended Sept. 30, 2016. Results are reported in accordance 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.
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2016-11-03

Epistar Red LED Shipment Grows Steadily, LED Filaments Show Market Potential

There has been stable growth in the global LED lighting market supply chain and distribution channels, the plateaued LED backlight market has ushered surging innovative LED applications in the market. How has soaring demands in new LED applications affected Taiwanese LED manufacturer’s Epistar’s LED shipments?
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2016-11-03

Philips Lighting and Xiaomi Seal Smart Home Lighting Partnership Agreement in China

Philips Lighting, a global leader in lighting, and Xiaomi, the mobile internet company, today signed a joint venture agreement for smart home lighting in China. The companies have joined forces to design and develop connected LED luminaires and lamps for Xiaomi’s wireless smart home platform, including apps for controlling the lights both via Android and IoS-based smartphones. 
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2016-11-03

GE Lighting Solutions and Samsung Electronics Sign Patent License Agreement

GE Lighting Solutions and Samsung Electronics announced the signing of a worldwide patent license agreement. 
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2016-11-03

GPI Prioritizes Strategy in CSP and Flip Chip LEDs

In 2016, Epistar lead the Taiwan LED industry business model transition from unprofitable product portfolio to refocusing on more profitable client orders. Other LED companies have caught onto this trend, such as Unity Opto, which slashed LED bulb production capacity by 70%, reported China Times.
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2016-11-03

Tridonic Appoints New CEO

With effect from  1 November 2016, Guido van Tartwijk has become the new Chief Executive Officer (CEO) of Tridonic, a company belonging to the Zumtobel Group. He succeeds Alfred Felder, who has been appointed to the Group’s Management Board back in April this year. 
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2016-11-02

Overview of 32 Chinese LED Manufacturers 3Q16 Financial Results

After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing revenues but stagnant profits,” LEDinside has collected third quarter earnings from 32 LED companies for further evaluation of the credibility of market claims about current development.
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2016-11-02

LEDVANCE Acquisition Documents Reviewed by German Federal Ministry of Economic Affairs and Energy

Osram recently announced the latest developments about the acquisition transaction of its LED general lighting business sales to a Chinese investment  consortium headed by IDG Capital.
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VueReal, the pioneer of MicroSolid Printing™, today announced a significant expansion of its Reference Design Kit (RDK) portfolio with new industry-specific bundles. Purpose-built for automotive and consumer electronics, the vertical RDK... READ MORE

ViewSonic Corp., a leading global provider of visual and edtech solutions, announces the shipping of LDS138-151, a 138-inch all-in-one, mobile Direct View LED Display Solution Kit. The ViewSonic LDS138-151 is a fully pre-assembled kit that bui... READ MORE