Landing International Development posted a large net loss, despite its revenues rising 3.07 times annually in first six months of 2016 to reach HK $445 million (US $57.39 million).

Olympic Games Rio 2016 propelled Chinese lighting manufacturers into the international sports arena with many lighting up Olympic venues and landmarks, and helped manufacturers break the OEM stereotype in the eyes of international clients, reported Chinese language media 21st Century Business Herald.

Jufei Opto announced its total revenue soared 57.32% Year-on-Year to reach RMB 654.96 million (US $98.62 million) in first half of 2016, but its gross margin declined during the period.

Chang Wah Technology (CWTC) LED leadframe business has shown strong growth this year, as the company makes breakthroughs in pre-molded leadframe technology, reported Money DJ.com.

Indian LED manufacturer Eveready Industries acquired a large order of 1.3 million LED tube lights from the state-owned power company Energy Efficiency Services Ltd. (EESL), reported Business Standard.

A subsidiary of Thailand’s Provincial Electricity Authority (PEA), PEA Encom International, announced it will be establishing LED lighting products and solar panels manufacturing facilities, reported The Nation.

A new national framework to help councils drive forward major energy efficient street light replacements has gone live.

Alpha Assembly Solutions, the world leader in the production of electronic soldering and bonding materials, announces the election of their Vice President of Energy Technologies, Ravi M. Bhatkal, Ph.D., to the iNEMI Global Board of Directors for a second term.

Top LED manufacturer AOT posted stable revenues for second quarter, but bad product portfolio and pressure to lower prices, lead to sliding gross margins and net losses.

In order to reflect its true value to the lighting industry, the National Association of Independent Lighting Distributors has changed its name to the National Association of Innovative Lighting Distributors, the organization announced today.

Chinese LED manufacturers Nationstar, Opple Lighting and Ocean King all unveiled their latest earnings for first half of 2016.

Everlight announced that it will be filing another suit to invalidate Nichia’s YAG LED patent in Germany.

Chinese manufacturers technology have advanced in the past year to result in large GaN price fluctuations, and have entered III-V EPI-wafer synthesizing industry to build a comprehensive IoT and telecommunication supply chain in the upstream sector.

Opple Lighting successfully closed its first IPO and raised RMB 864 million (US $130.26 million) after issuing 58 million shares, the company stated.

OLED displays might not be found on all iPhone 8 that is rumored to be launched in September 2017, according to a Barron’s blog article.

Lenovo demonstrated prototype tablets and smartphones housing flexible displays at Lenovo Tech World in June 2016, but its latest online video shows the company might launch other new products at the upcoming IFA in the next few weeks.

Changelight announced its revenue soared 107.14% to RMB 458.34 million (US $69.08 million) in second half of 2016, but its net profits tumbled, reported China Securities.

With judgment dated August 16, 2016 (docket number X ZR 96/14), the German Federal Court of Justice decided that the German part of Nichia’s patent EP 936 682 (DE 697 02 929), i.e. the “YAG patent” is valid. As a consequence, the Federal Court of Justice lifted entirely the first instance judgment of the German Federal Patent Court from 2014 (docket number 2 Ni 11/12) which had found Nichia’s YAG patent invalid and dismissed in total the nullity action initiated by Everlight Electronics Co., Ltd. (“Everlight”).

Kyulux, an advanced materials startup company that is commercializing the next generation of OLED display and lighting technology known as TADF (Thermally Activated Delayed Fluorescence), announced today that it has secured a license to  Harvard University's  Molecular Space Shuttle deep learning system for the discovery of materials for display and lighting applications. The Molecular Space Shuttle is an artificial intelligence platform designed by Alán Aspuru-Guzik's group at  Harvard's Department of Chemistry and Chemical Biology.

Cree, a market leader in LED lighting, today announced revenue of US $388 million for its fourth quarter of fiscal 2016, ended June 26, 2016. This represents a 2% increase compared to revenue of $382 million reported for the fourth quarter of fiscal 2015, and a 6% increase compared to the third quarter of fiscal 2016. GAAP net loss for the fourth quarter was $11 million, or $0.11 per diluted share, compared to GAAP net loss of $88 million, or $0.83 per diluted share, for the fourth quarter of fiscal 2015. On a non-GAAP basis, net income for the fourth quarter of fiscal 2016 was $19 million, or $0.19 per diluted share, compared to non-GAAP net loss for the fourth quarter of fiscal 2015 of $21 million, or $0.19 per diluted share.

Global Clean Energy, GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.

Taiwan’s Ministry of Economic Affairs (MOEA) announced it will be supporting the development of OLED technology in Taiwan and will be investing NT $100 billion (about US $3.21 billion) to develop the technology, during a press conference to promote new display technologies in the country’s capital Taipei, stated the ministry.

HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.

China Electric and Philips Lighting launched a joint International Lighting Design Center in Taipei on Monday, stated Taiwanese LED luminaire manufacturer China Electric.

China Electric, a leading Taiwanese LED luminaire manufacturer and owner of lighting brand TOA, announced it won the bid for three large scale LED streetlight projects in Taiwan this year totaling NT $400 million (US $12.84 million).

 AquiSense Technologies, the world leader in UV-C LED disinfection systems, has been wholly acquired by Nikkiso America in a cash deal. With over a half century of product development, Nikkiso has provided original technologies to a range of industries, including medical, aviation, life sciences, and microelectronics. AquiSense and Nikkiso share a common goal of providing life-saving disinfection products employing UV-C LEDs. Nikkiso is a leading manufacturer of UV-C LEDs, utilizing core technology from Nobel Prize recipients. AquiSense is an award-winning manufacturer of water, air, and surface disinfection systems with UV-C LEDs at the core of each design.

Pixelligent Technologies, the leader in high-index advanced materials for Solid State Lighting and Display applications and producer of PixClear® products, announced that it closed US $10.4 million in new funding. The round was led by The Abell Foundation, The Bunting Family Office, and David Testa, the former Chief Investment Officer of T. Rowe Price. Funds will be used to complete the installation of additional manufacturing capacity, open new offices in Asia, and continue to drive innovation in lighting, display and optical applications.

Intertek, announces the expansion of the Lighting General Coverage Program to include a larger scope of LED products. The expansion gives manufacturers of lighting projects for the hospitality industry a product certification alternative for LED luminaires, resulting in a quicker, more efficient time to market for a wider variety of products. This marks the latest of several LED expansions the company has made, including the 2015 launch of its Class P program, which defines evaluation and testing guidelines for standardized LED driver constructions and ratings.

Outlook: Systematic pursuit of strategic reorientation and restructuring; no concrete forecasts for revenues and earnings For the Zumtobel Group, the 2015/16 financial year was characterized by fundamental strategic reorientation and restructuring. As the technology shift progresses, the Management Board is aiming to align the Group with new and innovative business models. In total, the lighting group generated the highest revenues in its history. Group EBIT, however, was still below expectations in the reporting year.

Top LED chip manufacturer Epistar’s shipment volume rose in second quarter, and the company revenue climbed up on the back of easing price falls, but still faces financial challenges ahead, reported Taiwanese media Money DJ.com.