Highlights this week:
Micro-LEDs, why do we love you so much, when commercialization will take another five to ten years? Despite the long incubation period ahead before micro-LED screens can reach mass production stage, Facebook’s VR subsidiary Oculus announced it absorbed Irish micro-LED company InfiniLED. The strategy seems eerily familiar with the one launched by Apple years back in 2013, when it took Luxvue under its wing, so Oculus and its parent company Facebook are potentially eyeing micro-LEDs for its next generation VR headsets.
Both Cree and Philips Lighting announced their revenue performance for third quarter of 2016, and both reported quite contrasting results. Cree’s revenue climbed up 17%, while Philips slid down 16%.
Top German lighting manufacturer’s Osram’s potential sale has been met with resistance by the German Economy Ministry, which is considering whether it should protect key high-tech companies from Chinese takeovers. So emerges a new report that Osram might remain a German company if Continental wins in its bid, but the offered price will be lower than that offered by San’an Opto, about EUR 20 per share short compared to Chinese company’s generous EUR 70 per share.
For more please see below.
Editor recommendations
-
Long Wait Ahead for Commercialization of Micro-LEDs
-
Oculus Acquires Micro-LED Company InfiniLED
-
CEA LETI Looks into 3D GaN Nanowires for Ultra Bright LED Lighting
-
Vietnam’s LED Lighting Market to Reach US$348 Million in 2016 as Domestic Demand Takes Off, Says LEDinside
-
Nichia Wins Patent Infringement Lawsuit against Tachibana and E&E Japan in Tokyo
-
Cree Reports Revenue Decline for First Quarter of Fiscal Year 2017
-
Philips Lighting Announces Revenue up 16% in 3Q16
-
German Deputy Economy Minister Proposes Protecting High-tech Companies against Foreign Takeovers
-
Samsung Raises AMOLED Prices to Cover Note 7 Losses
-
Continental Offers to Purchase Siemen’s Stake in Osram
What’s trending
-
LEDinside: Chinese LED packaging manufacturers are expanding production, the industry is expected to hit bottom
-
LEDinside: Advantages of Micro LED in Fine Pitch Display Applications
-
Decoding Micro-LED’s Current Driving Methods
-
Australian Researchers Urge LED Streetlight Conversion
Government Projects
-
DOE Releases New CALiPER Snapshot Report on Outdoor Area Lighting
-
Dubai Canal Bridge Installs Smart LED Lights
-
Kolkota in India Launches Solar Lighting Project in Slums, Southern Indian City to Roll out Large Street Light Project
-
Canadian City Kelowna Rolls out Pilot LED Streetlight Project
-
Philips Lighting and Eindhoven Partner up to Develop Crowdsourced Smart City Lighting
Industry news
-
Xiamen Changelight Adds MOCVD Capacity with Veeco TurboDisc K475i Technology
-
Xicato Signed a Distribution Agreement with CDI Enter for Smart Lighting
-
Adam Hall Group Forms OEM Partners with Daslight Interface to Expand Lighting Control Product Applications
-
LG Innotek Commercializes UV-C LED module for Home Appliance
-
ABB Lighting Renames as Above All Lighting
-
Cree Layoffs Have Limited Impact on Durham
-
The 700th Member Joins Philips Lighting’s LED Licensing Program
-
Aura Light Extends Lighting Rental Scheme to 7-Years
-
Venture Lighting Offers Smart Lighting Design Tool on New Website
-
Foxconn-Sharp to Make OLED Panels in China
-
Dubai Companies Aims to Provide City Wide VLC Coverage
-
Lite-On Revenue Soars in 3Q16
-
Target Recalls Halloween LED Gel Clings Over Button Battery Chocking Hazards
-
HELLA and Covestro Introduce New Designs for Automotive Lighting
New products
-
The Flint Group and Air Motion Systems Jointly Develop UV LED Ink for Swiss Ordinance Standards Food Packaging Applications
-
Acuity Brands Launches Wireless Smart LED Lighting Control Platform nLight
-
Acuity Brands Launches LED Linear Lighting System for Architectural Applications
-
Hubbell Control Solutions Unveils Dimmable LED Relay Module
-
Philips Lighting Launches Next Generation LED Grow Lamps for Horticulture
-
GREEN CREATIVE Releases ENERGY STAR Certified Downlights
-
Zumtobel Unveils Minimalist LED Pendant Light
-
WELLMAX Introduces AERO & ROCKET Attracts Global Attention at 120th Canton Fair
-
ERP Launches LED Driver for Lighting Industry
-
Lighting Science's Biological LED Lamp Awarded Best of What’s New by Popular Science
-
Global Tech LED Launches Sea-Turtle Friendly LED Lights
-
Ushio America Introduces LED Followspot Light
-
EarthTronics Launches 3W LED Flat Panel Lights
-
MaxLite Offers Poles for Outdoor Lighting
-
Bridgelux Expands EB Series Product Portfolio
-
OMC’s Showcases Surface-mount LED Emitters at Engineering Design Show in Coventry
-
ON Semiconductor Launches Intelligent Charge Controller for Next Gen Power Bank Solutions
-
Apogee the LED Light Makes an Impression for Indoor Illumination
Lighting projects