Towards the end of 2016, more mergers and acquisition talks have been concluded. CFIUS opposition against Go Scale Capital acquiring Lumileds for US $3.3 billion earlier in January resulted in the wipe out of US $1.3 billion in company value for the LED chip and component maker. Lumileds parent company Philips Lighting sold the independent legal entity for US $2 billion to Apollo Global Management.
OLED and micro-LEDs both shone bright on the industry radar this year, as leading tech giants restructure their business strategies and redirect resources to these areas. In the OLED technology sector, Sony announced this week it will be launching two OLED TV models in 2017 at prices starting from US $2,999. The TVs will rely on LG Display’s OLED panels. The Korean electronic giant that has been a major supplier of large-sized OLED panels is undergoing a major restructure to focus on OLED technology. Meanwhile, Japan Display is trying to inch its way into the OLED panel sector to meet client demands. News this week pointed it might be in talks of acquiring JOLED, a joint venture established between Sony and Panasonic.
Turning to micro-LED technologies, LEDinside recently spoke to Rohinni and VerLASE about their developments. Rohinni is a startup that is bringing micro-LED technology to industrial designers so they can add distinguishing features initially to keyboard backlight. Other fields the manufacturer is considering to test the waters include automotive lighting, smartphones, and others.
VerLASE on the other hand is a specialist in color converting technology using quantum well based technology, using similar materials as quantum dots the company is eying the near-eye display market for virtual reality (VR) and augmented reality (AR) devices.
Editor recommendations
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[Breaking News] Apollo Global Management to Acquire Lumileds for US $2B
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LEDinside Analyses Lumileds Sale to Apollo Global Management to Strengthen Asian OEM Partnerships
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Rohinni’s Micro-LED Technology Initially Targets Keyboard Backlight Market
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French Technology Clusters Route Des Lasers and Elopsys Merge to Form Alpha-RLH
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Sony to Launch Two OLED TV Models in 2017
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Japan Display Plans to Acquire JOLED
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India to Extend LED Efficiency Program to Eight Other Countries
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Foxconn-Sharp to Halt LCD TV Panel Supplies to Samsung in 2017
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LG Display Restructures to Focus on OLED Technology
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Nobel Laureate Shuji Nakamura Unveils Laser Diode Lab in China
What’s trending
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LEDinside Expects LED Suppliers to Accelerate Their Expansion into Niche Markets in 2017
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LEDinside Releases 2017 Global Sapphire and LED Chip Market Report in 2017 After Two Years
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VerLASE Quantum Well Color Conversion Technology Positioned for Near-eyed Micro-LED Display Applications
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ANU Creates Nanocrystal Material to Redesign Night-vision Glasses
Government projects
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Chicago to Replace 270,000 High Pressure Sodium Lights by 2017
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Detroit Completes Citywide LED Streetlight Upgrade
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Odisha State Government in India Rolls out Subsidized LED Luminaire Project
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Brighton and Hove Council in UK Cuts Costs with Super Smart Streetlights
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NYISO Reports Holiday Lighting Adds 750-800 MW to City Energy Consumption
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Maharashtra Ranks Second in LED Bulb Distribution in India
Industry news
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Lumileds Unveils First Compact UVA Emitter LUXEON UV U1
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Large Taiwanese Secondary Optic Manufacturer Invests NT $150M in Factory Expansions
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ETI Carves Off Int’l Lighting Business
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Nigerian State to Profit Annually From LED Displays
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Grand Sports Arena of Soccer Team Chicago Mustangs Receives Rebates from LED Lighting Upgrade
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National Lighting Bureau Appoints New Chairman
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Jaipur Metro Rail in India to Renovate Station with LED Lights
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GE Lighting Signs KSF Red Phosphor License Agreement with Suijing Optoelectronics
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MaxLite LED Tube Light Resilient to Environment Factors Including Water, Dust and Corrosion
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MedMen Cannabis Vertical Farm in California Raises Yield 157% with Fluence Bioengineering LED Grow Lights
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Gooee Forms Partnership with Indian Electronic Manufacturer Bajaj Electricals
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ZigBee Alliance and Thread Group Demonstrate Smart Devices Utilizing the Two Organizations Technology
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Magneti Marelli Automotive Lighting and the Carnia Industrial Park Establish New Manufacturing Site for Car Lighting Electronics
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6SigmaET Research Finds 10% Engineers Rely Solely on Physical Prototypes to Test Designs
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Plessey to Showcase LED Grow Lights at IPM Essen in Germany
New products
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Cree Releases Next Generation Extreme High Power LEDs
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Ford’s Heavy Duty Truck Lineup for 2017 Features LED Automotive Lights
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Taiyo Yuden Unveils New Chip Bead Inductors in Power Lines for LED Lighting
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CP Electronics Releases OEM Brochure to Assist Lighting Manufacturers Work with Lighting Controls
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TAIYO Yuden to Unveil Latest LED and Photonic Products at CES 2017
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NDF Zürich Designs Suspended LED Luminaire with Colorful 3D Lamp Shade Design
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TILS 2017: Di Cheng Rubber Industries Inc.
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TILS 2017: TENMARS ELECTRONICS CO., LTD.
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TILS 2017: iBEST Industries Co., Ltd.
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TILS 2017: GREAT SUMMIT CO.,LTD
Lighting projects
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Taiwan’s Largest Automotive Retail Shop Receives LED Upgrade
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London Iconic Piccadilly Lights to Install Europe’s Largest LED Displays
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Honda Manufacturing Facilities Slashes Energy Consumption with New LED Lights
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Food Bank of Central and Eastern North Carolina Turns to More Efficient LED Lights
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Osram Celebrates 110th Birthday on Ice
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Custom LED Light Box to Be Installed in Seattle's Iconic Space Needle