Highlights this week:

• Cree LED business will undergo restructures, which the company estimates will cost a total US $85 million. According to Roger Chu, Director, Research Division, LEDinside, the company has been hurt by LED bulb price wars.
• Startup 3D LED company Aledia has successfully completed its round B financing, and has been backed by IKEA GreenTech and automotive lighting company Valeo. Valeo has a 10% stake in Aledia, and appears to be interested in using 3D LED technology in its future automotive lighting products.
• Merck continues to show interest in OLED technology and has invested in another manufacturing plant in Germany. The company aims to become one of the leading OLED material companies by 2018.

Editor Recommendations

1. Cree Restructures LED Business
2. Bulb Price Wars Drives Cree LED Business Restructure
3. 3D LED Company Aledia Receives Investments from IKEA GreenTech and Valeo
4. Merck Invests EUR 30M in New OLED Production Plant in Germany
5. Egypt to Distribute 1.7M LED Bulbs in 2015
6. Dow Corning: CSP LED to Drive Next Generation LED Package Development
7. BMW i8 Laser Headlights Awaiting U.S. FDA Approval
8. LRC Evaluates Audi Advanced Headlight Systems for Transportation Lighting Alliance
9. Panasonic Shuts Down Fluorescent Light Production in Indonesia
10. Valeo Acquires 10% Stake in Aledia

What’s Trending

• Apple iPhones Rumored to Adopt Flexible OLED Displays in 2018
• LEDinside 2015 Chinese LED Industry Market Report

Government projects

• Dutch Court Orders Government to Accelerate Carbon Emission Cut
• Greater Copenhagen Aims to Become New Metropolis of Light

Industry News

1. IR LED and UV LED Applications Take Off at Photonics Festival In Taiwan
2. Epistar Strengthens Relationship with Partners through Core LED Filament Bulb Technology
3. Epileds Qualifies Aixtron MOCVDs for LED Mass Production
4. LG and Google Team Up to Promote OLED TV
5. Exagan Raises EUR 5.7 M to Produce GaN-on-Silicon Power-switching Devices on 200mm Wafers
6. Guangdong Lighting Industry Incurs Greatest Losses in China for 1Q15
7. Lighting Science Group Strengthens Global Sales Team with New Appointments
8. GaN Transistor Manufacturer Transphorm Receives US$70 M Investment Led by KKR
9. Eaton Cooper Rebrands Lighting Business as Eaton
10. New York Blue Light Symposium to Share Latest Research on LED Blue Light and Impact on Health
11. Rubicon Technology to Showcase Optical Sapphire at LASER World of PHOTONICS 2015
12. EVERLIGHT:C/P Ratio Essential for LED Package Industry in New Lighting Era
13. Everlight Exhibits New Lighting and Backlight Products at LED EXPO KOREA 2015
14. MLS India Launch Premium LED Lighting brand “Forest LED” at LED Expo 2015
15. Money Matters -­‐ Retrofit or Relight
16. WhichLEDLight Bridges Gap between End Users and Manufacturers in UK
17. WhichLEDLight: Lack of LED Standards Still a Big Issue in UK

New Products

1. Philips Vaya Tube for Outdoor and Indoor Lighting Applications
2. EarthTronics New LED Recessed Retrofit Downlights Meet Stringent CEC Guidelines
3. Molex Releases Portable LED Magnet Light for Wet Locations
4. Dialight Adds Higher Lumen Output LED Floodlight for Hazardous and Industrial Locations
5. Philips Lighting at USCM 2015 in San Francisco
6. Lighting Science Group to Release New LED Lighting Products as Part of Commercial Business Transformation

Lighting Projects

1. Yale University Art Gallery Relit with LEDs
2. LED Skydivers Dance in Sync to Beats in the Sky
3. Sliding Down a LED Wormhole
4. Filmmaker Launches Kickstarter Campaign to Transform Chicago Rail into Interactive Lighting Art