In a recent interview with German magazine Manager Magazin, Siemens CEO Joe Kaeser affirmed he was surprised by Osram’s R&D investment plans, and noted the company had not sold a single share it had in Osram.

Chinese LED manufacturer ETI announced Monday, eight company executives will be increasing shareholdings in their company to boost investors’ confidence.

Lianovation will be issuing 64.9 million private shares to raise RMB 850 million (US $136.99 million) to expand business operations in infrared (IR) focal plane array chips and other sectors.

Chinese LED manufacturer MLS has become China’s second most valuable listed LED company within a week. The company’s shares have soared on the Chinese bourse for five consecutive days since Feb. 27, 2015 bringing its total market value to RMB 20.15 billion (US $3.21 billion).