Highlights this week:

As previously communicated, Philips continues to simultaneously prepare for an initial public offering (IPO) or a private sale of Philips Lighting. With equity markets’ sentiment improving compared to the first couple of months of the year, an IPO increasingly appears a more likely outcome, subject to further market developments and other relevant circumstances.

Korea looks to increase subsidies it has been offering to OLED technology-related business projects to remain ahead of Chinese competitors. Plans of allocating a new budget on the investment of OLED-associated projects will be in place around 2017, said Kim Jeong-hwa, director of the electronic component policy bureau at Korean government agency. These subsidies are initiated by the Ministry of Trade, Industry and Energy (MOTIE).

GE’s Current announced the acquisition of Daintree Networks, an Industrial Internet provider of building controls solutions for commercial facilities. This acquisition will enable Current to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities through the deployment of Daintree’s open, standards-based wireless control systems.

Editor Recommendations

1. Indian State to Become 100% LED-lit by Distributing 1.5M LED Bulbs at US $0.38 and 166K Streetlight Upgrade

2. Flexible LED Filaments: How Liquidleds Reinvigorated the Vintage Beauty of Lighting

3. Philips' Lighting Unit Likely Sell Via IPO than Private Sale

4. Korea to Boost OLED Development with Increased Subsidies in 2017

5. GE's Current Acquires Daintree Networks to Expand Building Automation Platform

6. Flexible LED Filaments: How Liquidleds Reinvigorated the Vintage Beauty of Lighting

7. GE Posts 1Q Earnings, Revenue Hurt by Oil and Gas

8. DOE Releases Third GATEWAY Report on LED System Performance in a High-Temperature Environment

9. FSP to Unveil Customized Lighting Solutions at Lightfair 2016

LED Expo Thailand 2016- Show report

1. ASEAN Countries Expect Booming Demand in LEDs- Show Report of LED Expo Thailand 2016

2. Market Expansion Strategies of Taiwanese Manufacturers- Show Report LED Expo Thailand 2016

3. LED Filament Bulbs a New Meme for LED Lighting Projects and Tenders-Show Report LED Expo Thailand 2016

Research

• Soraa Explores Details of Color Enhancing

• WSU Research Improves Conductive Plastic for Biocompatible Applications

• Danish Researchers Enable Superfast Light Source Using Artificial Atom

• Nichia and AIST Releases Standard LED Covering the Full Visible Light

Industry News

1. Osram Licht Posts Second Quarter Earnings,Profit Up 12%

2. BIOS and Ledra Brands Partner to Demonstrate Circadian-friendly LED Lighting Solution at Lightfair 2016

3. Liquidleds Soft Filament LED Lamps to Debut at LIGHTFAIR 2016

4. DOE Releases GATEWAY Report on OLED Lighting in an Office Setting

5. Cree's Third Quarter of Fiscal Year 2016 Reports 10% Decline in Revenue

6. The Lighting Industry Association Joins All Party Parliamentary Group on Smart Cities

7. Current Grows Intelligent Environments App Catalog, Unlocks Digital Outcomes in Three Cities

8. Soraa Wows Visitors at Lightfair International 2016 with LED Luminaires, Lamps and Accessories

New Products

1. European Photonics Industry Consortium and LUX Photonics Consortium Signs Memorandum for Photonics Development

2. Turkish Starup Launches LED Luminaire with Wireless Control on Indiegogo

3. LG Electronics Launches New LED Lighting Wireless Control Technlogies

4. Acuity Brands Releases Tunable White LED Lighting for Education Applications

5. Osram Introduces New MLA Optical System for Office Applications

6. UV LED Mosquitoe Trap from SETi and Seoul Viosys Hits the Market

7. LED Engin Showcases New Bluetooth Mesh-controlled Light Engine for Tuneable White Linear Luminaires

8. Digital Lumens Expands Fixture Portfolio with New Intelligent High Bay LEDs

9. Lighting Science Unveils New Circadian Rhythm-regulating Platform and LEDs at Lightfair 2016

10. Minebea Introduces New Wireless-controlled LEDs to North American Commercial Lighting Market

11. PLUMEN: Smart LED Lamp Helps with Relaxing

12. Philips Expands Indoor Positioning Portfolio with New LED Linear Suspended Luminaire

13. Soraa Appoints Todd Antes as Senior Vice President of Marketing

Lighting Projects

• Zumtobel Group AG and Bosch Software Innovations Team up in the Development of IoT Solutions for Commercial Lighting Applications

• Toronto's TD Centre to Lit with LED Lighting from Osram Sylvania

• Revolution Lighting to Light up Des Moines University with LED Tubes