Philips new LED light positioning system for retail applications has caught the market attention this week, with some media noting it can be a contender for Apple’s iBeacon system. Samsung has launched new LED packages for smartphone applications, which will also be applied in its Galaxy S5. Veeco revenue plunges 36% in 2013 compared to a year earlier. Breakthroughs in Mn 4+ red phosphor technology will also be creating new trends in the LED industry. For more please see below: