2019-02-18

Former BMW Digital Units Head Dieter May to be CEO of Osram Opto Semiconductors

Osram has continued its company profile sharpening and appointed Dieter May, who has served as Senior Vice President of the Digital Services and Business Models unit for the BMW Group, as the new CEO of OSRAM Opto Semiconductors business unit. May will begin its position to lead the LED division of Osram since May 1, 2019, taking over the management from Aldo Kamper, the previous CEO of Osarm Opto Semiconductors who became CEO of Germany’s Leoni AG after he left Osram in August 2018. (Image: BMW/OSRAM) The intensive expe...
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2019-02-15

Point Engineering Introduces Al Substrate for UV LED to Optimize UV Intensity

Point Engineering (PEC) is a UV LED package manufacturer based in South Korea who specialized in its vertical insulator aluminum metal frame for UV LED package. According to the analysis of LEDinside, the UV LED market is expected to increase to US$ 1.224 billion in 2022, with a CAGR of 33% during 2017-2022. Apart from the steady curing market growth, surface sterilization, static water sterilization, and flowing water sterilization are the market momentums to drive the growth of UV LED during 2018 to 2022. The development for LED chips becom...
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2019-02-15

Osram Invests in IoT Company to Strengthen its Digital Solution Development

Apart from the buyout talk confirmation, Osram also announced that it has purchased shares of Beaconinside, a German company developing IoT solutions, for expanding its digital business in location-based services. Osram aims to integrate Beaconinside’s IoT solution for retails, smart city and logistics with its sensor technology to extend product portfolio such as beacon. Stefan Kampmann, CTO of OSRAM, noted, "Beaconinside's innovative solutions enable sales-supporting advertising campaigns, detailed customer analyses and intelligent logistics monitorin...
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2019-02-15

Lextar and Epistar Continues Its Shipment of Mini LED Backlight Products; Lite-On Reports LED Revenue Increase

Taiwanese LED companies announced their revenue of January 2019. Epistar and Lextar posted on-month revenue increase while Lite-On reported growth in LED products. Epistar registered a revenue of NT$ 1.27 billion (US$ 41.16 million) for January which increased by 6.56% MoM but dropped by 32.4% YoY. Impacted by the trade dispute and political uncertainty, business growth in the global LED market is not expected by the industry players. To cope with the sluggish market, Epistar has focused on Mini LED backlight products targeting high-end display applicatio...
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2019-02-14

Commoditized LED MOCVD Market in China Leads to Veeco’s Revenue Drop in 4Q18

U.S.-based instrument manufacturer Veeco announced its financial results for the fourth quarter and fiscal 2018. For 4Q18, the company registered a revenue of US$99 million, which dropped by 29.1% YoY. Veeco also reported a GAAP net loss of US$144.7 million, in comparison with US$8.5 loss in 4Q17. The non-GAAP loss was US$7.5 million. According to the company, the declined revenue and profit in the fourth quarter of 2018 was due to "Commoditization of the MOCVD market for LEDs in China.” In 2Q18, the revenue from China accounted for 45...
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2019-02-14

Osram Confirms the Buyout Rumors and in Discussion with Bain Capital and Carlyle Group

Osram announced a confirmation about the possible buyout by Bain Capital and Carlyle Group and revealed that it is engaged in detailed discussions with the interested parties. After Osram reported its declined business performance in the first quarter of fiscal 2019 and said it has “taken a number of measures to improve revenue and returns,” the Germany company confirmed the market rumors that Bain Capital and Carlyle Group are eyeing the buyout of Osram. In November 2018, Bloomberg reported that the U.S.-based Bain Capital has been considering acquiri...
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2019-02-13

Signify Pushes Its LiFi Development with the Acquisition of Firefly LiFi

Signify has been increasing its investment in fast-growing areas including horticulture, solar, and LiFi as they go in line with the company’s sustainability principle. LiFi was particularly addressed as Signify has recently acquired Firefly LiFi, a LiFi company with offices in the U.S. and Germany. According to the news covered by LiFiReport, Signify has bought FireFly LiFi with the transaction completed in December 2018. The lighting company has also acquired a French LiFi company by the end of 2016 and started a trial in Paris with a French real esta...
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2019-02-13

ams to Introduce Sensor Solutions for Mobile Devices at MWC 2019

Austrian sensing solution provider ams announced that it will showcase several industry-first technologies for mobile devices at Mobile World Congress (MWC) 2019 in Barcelona during February 25 -28. ams will demonstrate state-of-the-art sensor solutions for mobile, computing and consumers including 3D sensing technology, behind screen solution color sensors and medical-level wearable devices. The industrial and automotive applications of these technologies will also be presented by ams. (image: ams) The 3D sensing technologies for mobile devices include active stereo ca...
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2019-02-13

Seoul Semiconductor Provides SunLike Series LEDs for Dutch Horticulture Lighting Company

Seoul Semiconductor announced that its SunLike Series natural spectrum LEDs have been adopted for horticulture LED lighting by Rofianda, a Netherlands-based lighting solution company. According to Seoul Semiconductor, its SunLike Series natural spectrum LEDs produce light that closely matches the spectrum of natural sunlight. Adopting the SunLike LEDs, the horticulture LED lighting by Rofianda achieved a full spectrum of light wavelengths from 380nm to 740nm which is similar to the spectral curve of natural sunlight. In co-operation with Rofianda, Seoul ...
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2019-02-12

Osram Focuses on non-Lighting Photonic and Optical Technologies for Boosting Revenue

Followed the notice released by the end of January, Osram announced the results of its first quarter of fiscal 2019. The company posted a revenue of EUR 828 million (US$ 934.65 million) which declined by 15% YoY with revenue dropped in three of Osram’s business segments. The Opto Semiconductors division recorded an on-year decline in revenue of 17% and its revenue of automotive segment decreased by 11 % YoY. In the Digital segment, revenue fell by around 17% YoY due to weak market development in the general lighting segment. Olaf Berlien, CEO of Osram...
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2019-02-12

Samsung and LG Showcases LED Signage Solutions at ISE 2019

Last week at Integrated Systems Europe (ISE) 2019 in Amsterdam, Korean electronics producers LG and Samsung both introduced their latest LED and OLED technologies for signage applications. Samsung presented a range of 8K digital signage products including QLED displays and the 2019 version of The Wall display while LG demonstrate a transparent and curving OLED signage as well as a full lineup of LED products. Samsung showcased a new 82-inch QLED 8K signage, a 292-inch The Wall display in 8K, Multi-Link LED HDR technology and semi-outdoo...
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2019-02-11

Signify Announces Stable Progress with LED Sales Increased in 2018

Signify, the largest lighting company in the world, reported its financial results for the fourth quarter and the fiscal year of 2018. With increased LED-based sales, the company announced improved adjusted EBITA margin for the fourth quarter of 2018. For the fourth quarter of 2018, Signify posted a revenue of EUR 1.73 billion (US$ 1.96 billion), dropped by 8.8% YoY. The adjusted gross margin was EUR 647 million (US$731.93 million) which declined 11.6% YoY. However, the adjusted EBITA of 4Q18 grew by 3.2% YoY at 214 million. For full year of 2018, the ...
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2019-02-01

Velodyne LiDAR Partners HoloMatic to Provide Autonomous Parking Service

Velodyne LiDAR announced that it has provided LiDAR sensors for a new autonomous driving technology from HoloMatic to provide autonomous parking service to free travelers from the burden of time-consuming searches for parking spots. The HoloMatic system, called HoloParking, is China’s first smart valet parking solution that operates 24/7 and in all weather conditions. Unlike parking assistance systems, HoloParking does not require the vehicle to be driven next to a parking spot. Rather, it allows a driver to leave a vehicle at the entrance of the parking lot. U...
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2019-01-31

Samsung Reports Profit Growth in 2018 and Targets Premium Products for 2019

Samsung Electronics announced its financial results for the fourth quarter and the fiscal year of 2018. The revenue and profit of 4Q18 declined due to global market uncertainty but Samsung still reached its annual goal in fiscal 2018. For 4Q18, Samsung posted a KRW 59.27 trillion (US$ 53.22 billion) quarterly revenue, which decreased by 10 percent YoY. The quarterly operating profit was KRW 10.8 trillion (US$9.7 billion), with an on-year decline of 29 percent. The yearly revenue for fiscal 2018 was KRW 243.77 trillion (US$ 218.9 billion) and operating profit cam...
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2019-01-31

Cree Releases Increased Revenue for Its Fiscal 2Q19 Despite Global Trade Tension

Cree announced its financial results for the second quarter of fiscal 2019, ended December 30, 2018. Revenue for the second quarter of fiscal 2019 was US$413 million, up by 12% YoY. GAAP net loss for the second quarter of fiscal 2019 was US$2 million, or $0.02 per diluted share. This compares to a GAAP net income of $14 million, or $0.14 per diluted share, for the second quarter of fiscal 2018. On a non-GAAP basis, net income for the second quarter of fiscal 2019 was $23 million, or $0.23 per diluted share, compared to non-GAAP net loss for the second quarter of...
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2019-01-31

Osram Acquires UK’s Ring Automotive for Extend Its Aftermarket Products

After revealing its sluggish business performance, Osram announced that it will strengthen its automotive business by acquiring aftermarket specialist Ring Automotive. With the acquisition, Osram plans to expand its aftermarket portfolio and reach end customers via the distribution channels of Ring Automotive in the UK. In addition, Ring's specialization in electronic car accessories complements Osram’s product range. Moreover, Osram will give the ring portfolio access to the US market via the established Osram Sylvania channels and opens up new sales pote...
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2019-01-30

Seoul Semiconductor Announces Financial Results of Fourth Quarter and Fiscal Year 2018

Seoul Semiconductor reported its 2018 fiscal year consolidated revenue of KRW 1194.2 billion (US$1.07 billion) with an operating profit of KRW 99 billion (US$ 88.6 million), as well as a net income of KRW 65.4 billion (US$ 58.53 million) to report two year consecutive sales growth. As a result of stabilization of Seoul Semiconductor’s new manufacturing plant in Vietnam and improved product mix, the consolidated fourth quarter revenue increased by 6% YoY to KRW 300.6 billion (US$ 269.04 million), while operating profit amounted to KRW 36.2 billion (US...
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2019-01-30

Sanan to Receive at Least $800 Million Fund from Its Strategic Investors

Sanan Optoelectronics, the largest LED epitaxy wafer manufacturer in China, announced that it has received funds from its strategic investors including Quanzhou Financial Holding, the China Industrial International Trust, and An Xin Capital. The three organizations plan to provide a joint investment of at least CNY 5.4 billion (US$801.64 million) to Sanan and Quanzhou Financial Holding will offer liquidity assistance of CNY 600 million (US$ 89 million). Sanan Optoelectronics has been through a financial crisis in January with its stock price dropped ...
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2019-01-30

Absen to Reveal Fine Pitch Display Products at ISE 2019

China-based LED display solution provider Absen announced that it is showcasing three new narrow pixel pitch (NPP) product series at ISE 2019 which is taking place during February 5-8 in Amsterdam. The new display series with Integrated Matrix Device (IMD) and Common Cathode (CC) technologies provide five times the strength as traditional LED screens whilst consuming 20% less power. By combining the two technologies in an innovative way, Absen has further reduced the pixel pitch of its LED screens whilst ensuring maximum durability. Absen’s new A...
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2019-01-29

Velodyne LiDAR Supports Postmates for Autonomous Delivery Rover

Velodyne LiDAR has begun partnership with Postmates, a food delivery startup, by providing its LiDAR sensors to Postmates Serve, innovative self-driving rover providing services for short-distance deliveries. (Image: Postmates) The autonomous rover is equipped with Velodyne’s market-leading VLP-16 Puck™ sensor, which is built into the top of the rover for a high-performance surround view, enabling Serve to detect people and objects as it completes local deliveries. Serve can carry 50 lbs and go 30 miles on a single charge. Also, it can interact wit...
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2019-01-29

MEANWELL Introduces Constant Power Design of LED Driver

Driving LED by constant power mode has been a popular topic recently. Why do LEDs must be driven by the constant current? Why not with a constant power source? Before discussing the above issue, we have to understand why the LED must be driven by a constant current. As shown in Figure (a) LED I-V curve, when the LED forward voltage changed about 2.5%, the current through the LED will correspondingly change about 16%, and forward voltage of the LED is easily affected by junction temperature. The change of high and low temperature may even make the voltage chan...
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2019-01-29

Mini LED to be the Possible Turning Point for the Industry

2019 may not be a prosperous year for LED manufacturers given the market uncertainties resulting from the changing global politics. Yet, industry players continue their technology developments and expect Mini LED to revive the stagnant market. Mini LED, as an improved version of conventional LED, provides refined diming zones when serving as backlight and can be utilized in curved displays when coupled with flexible substrates. Since last year, several LED makers including Lextar have begun shipping Mini LED backlight products for high end applications such as gami...
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2019-01-29

Flexible and Foldable Panels to Enter the Market Soon, Will Micro LED Follow?

Flexible and foldable panels have created a sensation since Royole and Samsung introduced their foldable phones by the end of 2018. Soon after that, LG revealed a stunning rollable TV at CES 2019. Flexible OLED displays are getting more attentions with products launched in the market in 2019. Samsung is expected to launch its folding smartphone in February 20 while its rival LG is also set to reveal a foldable smartphone soon. Meanwhile, Chinese smartphone makers including Oppo, Xiaomi and Huawei have all announced their plans of releasing folding phones in this y...
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2019-01-25

The US-China Dispute Makes 2019 a Challenging Year for Worldwide LED Manufacturers

2019 has just begun but this year seems to be a tough one for global LED manufacturers with continuous global market uncertainty caused by the US-China dispute. Osram, the German representative of the LED industry, unveiled its weak business performance of the first quarter of its fiscal 2019 with a 15 percent YoY revenue drop. The company noted that the revenue for coming quarters might remain “significantly low” due to the general political uncertainties. Taiwanese LED maker Everlight is not optimistic about 2019 either. Robert Yeh, the CEO of E...
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2019-01-25

Unilumin Announces Mass Production of 0.9mm Mini-LED and Invests Smart Manufacturing Facility for Micro LED Development

Unilumin, the Chinese LED application products and integrated solutions provider, announced that it is capable to mass produce 0.9mm Mini LED and will launch Mini LED solution at ISE 2019. Meanwhile, the company also reported that it is investing a new smart manufacturing facility for the development and production of Mini/Micro LED. According to Unilumin, it is the first to mass-produce 0.9 mm LED for high-end applications which is solving previous technical barriers and addressing the issue of the high cost of traditional SMD display. (Image: Unilumin...
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2019-01-25

Osram Reports Revenue Down due to Weak Chinese Market and the Trade War

Osram announced that in the first quarter of fiscal year 2019, the company is facing an on-year revenue decline due to the weak Chinese market under the impact of the on-going US-China trade dispute. According to Osram, the declining market in the end of 2018 has led to poor performance of its three business units, Opto Semiconductor, Automotive and Digital. The revenue of Osram for its fiscal 1Q19 was EUR 828 million (US$ 938 million) with a 15 percent YoY decrease. And the Opto Semiconductors unit recorded a 16.9 percent decline in revenue on a comparable basis...
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2019-01-24

Lawrence Lin to Temporarily Manage LEDVANCE in the US and Canada

LEDVANCE, the maker of SYLVANIA general lighting in the United States and Canada, announced that global CEO Lawrence Lin will assume managing director responsibilities for the United States and Canada on an interim basis, in addition to his current responsibilities. Jim Johnson, who previously held the position, left the company this month. (Image: LEDVANCE) Lawrence Lin became the CEO and Managing Director of global LEDVANCE in November 2018. He commented, “LEDVANCE continues to evolve to deliver innovative lighting ...
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2019-01-24

GE and SYLVANIA Release LED Light Bulbs Connecting Google Assistant to Accelerate IoT Lighting

In the beginning of 2019, GE Lighting announced that it is deepening its C by GE portfolio which features hub-free IoT smart lighting with Google Assistant control. The Made-for-Google products are able to connect with Google’s system and be controlled via app on smartphones or portable devices. The connected lights allow app and voice control for changing the color of lights and tuning brightness. Furthermore, they can also combine smart accessories including smart wall plug and motion sensor to manage lighting away from home and by movement. (Image: GE) E...
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2019-01-21

Oledcomm Brings Li-Fi Closer with Its New LiFiMax Revealed at CES 2019

At this year’s CES event, French Li-Fi company Oledcomm presented its new Li-Fi module, LiFiMAX, which provides high speed internet through invisible light and brings the technology a step forward. Oledcomm released the first ceiling Li-Fi module for information transfer which can offer high speed internet connection of 100Mbps in downlink data rate and 40Mpbs uplink. According to Oledcomm, LiFiMax can provide connection to 16 users simultaneously with coverage of 28 square meters. (Image: Oledcomm) Benjamin Azoulay, president of Oledcomm, explain...
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2019-01-19

AIXTRON Provides Its Systems to Support San’an Optoelectronics’ Expansion of ROY LED production

AIXTRON announced that the company will supply multiple AIX 2800G4-TM (IC2) cluster systems to San’an Optoelectronics. The Chinese chipmaker with its long-term plan for the rising market demands for fine pitch displays requires a capacity increase in red, orange and yellow LEDs (ROY LEDs). AIXTRON’s AIX 2800G4-TM (IC2) tools will feature a configuration of 15x4 inches and are scheduled for shipment between 4Q18 and 2Q19.
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Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE