Highlights this week:

The acquisition of the year happened on Tuesday, when Osram stated top Chinese LED chip package manufacturer MLS along with two other investors absorbed its general lighting business, LEDVANCE. If you had been following LEDinside since last November, MLS General Manager Lawrence Lin had spoken on multiple occasions about ongoing talks, and that it was close to sealing the deal just a couple weeks ago. Osram authorized trademark usage and as part of the deal MLS will be buying white LED chips from the German lighting giant’s plant in Malaysia once the fab enters mass production phase.

Osram also reported strong double digit growths from most of its lighting businesses of at least 11%, with the exception of its traditional lighting business that delivered a mere 4% revenue growth.

Moving East, Honglitronic Opto group rebranded itself as Honglizhihui recently, and announced plans of acquiring connected car technology assets. The company will continue using its Honglitronic trademark for its LED products.

To find out what has been trending in the industry throughout 2016, please check Chinese editor Skavy Cheng’s article that highlights 15 keywords that defined the industry this year.

Editor recommendations

1. [Breaking News] Chinese Consortium Including MLS Acquires Osram's LEDVANCE Business for EUR 400M
2. Osram Reports Strong Revenue Growth in Latest Financial Report
3. MLS to Implement Dual Brand Strategy after Chinese Consortium’s Acquisition of LEDVANCE
4. OSRAM and MLS to Carve Out Their Positions in LED Lighting Market with LEDVANCE Deal, Says LEDinside
5. Philips Lighting: Circular Economy and Smart LED to Drive Climate Change Agenda
6. Lexington and Google LED Patent Suit Brings Substrate Properties under Lime Light
7. Leti: Challenges and Opportunities of Micro-LEDs in Wearables
8. Philips Lighting Business Revenue Dips after Spin-Off in 2Q16
9. Fifteen Keywords that Defined the LED Industry in 1H16
10. Honglitronic Rebrands as Honglizhihui, Intends to Acquire Connected Car Company

What’s trending

1. University of Utah Engineer Receives Top Research Award for Work in LEDs
2. Philips Camera Contactless Measures Absolute Aterial Blood Oygenation Levels
3. Facebook Connectivity Lab’s New Photodetector Overcomes Obstacles in Light for Wireless Communications
4. Bridgelux: Seeing Ourselves in New Light

Government projects

• Haryana Rolls out Mandatory LED Bulb Installations
• India’s EESL Warns Consumers about LED Bulb Frauds

Industry news

1. LEDinside：US$16.4 Billion Market Scale in Specialty Commercial Lighting Market in 2020
2. Viribright Lighting Granted U.S. LED Package Design Patent
3. LeEco’s Acquisition of Vizio to Propel Asian TV Brands Global LCD to 70% Market Share
4. CSRC Approves Opple Lighting’s IPO Application
5. Who Is the Real Acquisitor of Ledvance?
6. Dow 2Q16 Revenue Highlights
7. Lighting Science® Appoints New Senior Vice President for Marketing
8. Auckson Opto Seals Large Single Crystal Sapphire Growth Furnace Deal
9. China's LED Production Volume Undergoes Double Digit Growth in 1H16
10. Fairchild’s Launches New Active Bridge Solution for PoE Based IoT Devices
11. Eaton and NuLEDs Seal PoE Smart Lighting Partnership Deal
12. Samsung OLED Displays Enhances Wearables
13. Philips Lighting Appoints New CFO
14. Nanoco and Wah Hong Industrial Sign QD Display Commercialization Agreement
15. Russian President Vladimir Putin Visits Monocrystal’s Booth
16. Heliospectra Closes Deal With Alaskan Cannabis Grower
17. Hubbell Lighting Opens Distribution Center in Texas
18. LG Display Invests US $1.78M in Flexible OLED Display Production Line

New products

1. Lumileds Launches Luxeon Stylist Series for Creating Atmospheric Lighting in Restaurants
2. MaxLite Launches Large LED Area Light as Ideal 1,000W Replacement
3. Cree Expands into Industrial High Bay Applications
4. California LightWorks Launches New Generation Smart LED Grow Lights
5. Ilumi Launches New Smart Lighting Control Modules for Third Party Manufacturers
6. Osram Sends Smart LED Bulbs to Security Research Group Rapid 7 for Testing
7. MaxLite Launches Acrylic Pendant for LED High Bay Lights
8. BenQ Launches Portable LED Projector GS1

Lighting projects

1. Masonic Children's Hospitals Installs Philips LED Lights to Speed Patients Healing Process
2. teamLab Lighting Installation Invites Visitors to Wander through the Crystal Universe
3. Uniroyal Global Engineered Products LED Lights Cut North American Manufacturing Plant Energy Consumption
4. Buffalo Sabres Upgrades to Eaton’s Advanced LED Lighting and Controls