2016-02-01

Middle East Countries Slashes Energy Subsidies Amid Crashing Oil Prices

With global crude oil prices crashing, the Middle East energy subsidies have also been swept away, reported The National Business.
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2016-02-01

Canadian Municipalities to Spend CA$13 M on LED Streetlight Retrofits

Several Canadian municipalities are planning to invest CA $13 million (US $9.29 million) to replace 42,000 streetlights this year, reportedMetroland News.
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2016-02-01

Capital of Bangladesh to be lit with LEDs by End of 2016

Dhaka, the capital of Bangladesh in India plans to replace traditional streetlights comprising of sodium, fluorescent and CFLs with LEDs, reported Dhaka Tribune.
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2016-01-29

Osram's Malaysia Unit Launches R&D Center in Penang

Osram Licht AG's Malaysian unit, Osram Opto Semiconductors (M) Sdn Bhd, is setting up a research and development (R&D) center here to serve the general lighting and illumination sector in Asia.
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2016-01-29

CEC Implements New LED Lighting Standards Despite Objections Raised by NEMA

The California Energy Commission adopted first-in-the-nation energy standards for the next generation of light bulbs. The standards cover small-diameter directional lamps, often used in track lighting, and general purpose light-emitting diodes - commonly called LEDs - used to replace typical existing home lighting.
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2016-01-28

Everlight’s Recent Patent Dispute Wins and Losses against Nichia

Taiwanese LED manufacturer Everlight reported mixed results in several patent lawsuits rulings against Japanese manufacturer Nichia.
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2016-01-28

[Breaking News] Nichia Wins Patent Lawsuit against Everlight in the Eastern District of Texas

Nichia announced that the United States District Court for the Eastern District of Texas has issued a decision holding that Everlight Electronics and Everlight Americas (collectively, “Everlight”) have infringed three Nichia patents. The court upheld patent infringement claims that Nichia filed against Everlight in 2013.
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2016-01-28

Harvatek Sues Cree for LED Package Patent Infringement

On Jan. 26, 2016, Harvatek announced it has entrusted Devlin Law Firm LLC to represent it in a patent infringement case against Cree that has been filed in the United States District Court for the Central District of California . The patent in suit is US 6,841,934.
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2016-01-28

NDRC Estimates CEC New Lighting Standards to Cut State Energy Bill by More than US $400M

The California Energy Commission (CEC) made history again today when it set minimum energy efficiency standards for small diameter directional light bulbs used for accent, spot and track lighting that will be the most stringent in the world. The reflector bulbs, which are less than 2.25 inches in diameter, are most commonly found in retail stores, museums, and hotels, and increasingly in new and remodeled homes.
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2016-01-27

PlayNitride Founder and Former GPI CTO Retorts Trade Secret Case

In a company statement, former Chief Technology Officer (CTO) of Genesis Photonics Inc. (GPI) and founder of PlayNitride, Yun-Li (Charles) Lee has refuted GPI’s allegations of selling the company’s key technologies to Chinese LED manufacturer San’an Opto, reported TechNews.
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2016-01-27

GPI Files Lawsuit Against Former CTO for Stealing and Transferring Trade Secrets

Taiwanese LED epiwafer manufacturer Genesis Photonics Inc. (GPI) has filed a lawsuit against its former Chief Technology Officer Yun-Li Lee for stealing and selling trade secrets to Chinese competitors, and applying acquired GPI technology in his startup company PlayNitride.
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2016-01-27

A Michigan City Rolls out LED Streetlight Upgrade Project

Saignaw, a city located in Michigan, U.S. has started to replace 6,400 city streetlights with LEDs, which is estimated to cost the city $ 1.8 million, reported MLive.
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2016-01-27

NEMA Claims CEC LED Color Temperature Requirements will Raise Bulb Costs

The National Electrical Manufacturers Association (NEMA) called on the California Energy Commission (CEC) again today to ensure that California consumers have access to the most efficient, cost-effective, and preferred LED bulbs currently on the market. A proposal under consideration at the CEC that could be voted on as early as January 27, 2016, if approved, will be the first instance in which the CEC pursues regulatory action that will reduce potential energy savings, increase the cost of energy-saving products for California consumers, and make it less likely that California consumers will want to buy these products.
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2016-01-27

Revolution Lighting Technologies Partners up with Distributor Rexel Holdings USA

Revolution Lighting Technologies, a leader in advanced LED lighting technology solutions, announced it will partner with leading national distributor of electrical supplies and services, Rexel Holdings USA for the sale of its LED lighting solutions. Revolution Lighting's LED product to be offered by Rexel Holdings USA and its divisions, Rexel, Rexel Enery Solutions, Gexpro, Platt and Capitol Light to its customers within the industrial, residential and commercial markets.
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2016-01-26

Philips Q4 Revenue Performance Hurt by Termination of Lumileds Sale

Currency-comparable order intake up 15%, driven by North America, China and Western Europe Adjusted EBITA1) improved 50 basis points to 11.9% of sales and amounted to EUR 842 million EBITA amounted to EUR 263 million, or 3.7% of sales• Net loss of EUR 39 million, impacted by one-time charges including previously announced pension de-risking, compared to net income of EUR 134 million in Q4 2014 Free cash flow of EUR 740 million, compared to EUR 559 million in Q4 2014 Philips Lighting separation process on track
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2016-01-26

DOE Announces Lighting Technology Awardees of SBIR-STTR Grants

The U.S. Department of Energy Office of Science has awarded six Small Business Innovation Research (SBIR)-Small Business Technology Transfer (STTR) grants to proposals targeting advances in solid-state lighting (SSL) technology. The six Phase I Release 1 grants will explore the technical merit and commercial potential of different innovative concepts or technologies that are expected to contribute to the achievement of the price and performance goals described in DOE’s SSL R&D Plan. 
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2016-01-25

U.S. Blocked Sales of Lumileds Shakes up LED Industry

Philips decision to sell Lumileds to Chinese financial group Go Scale Capital has taken a sharp turn. The business deal was abruptly halted by the Committee on Foreign Investment in the United States (CFIUS), due to unknown concerns. Philips and Go Scale Capital has been forced to call off the deal, which has sent shockwaves throughout the market and caused new changes in manufacturers’ competition race.
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2016-01-25

Toshiba Semiconductor Business Restructure Attracts Interested LED Chip Business Buyers

Toshiba is considering to sell its less profitable semiconductor businesses including its System LSI business to concentrate resources in advanced NAND, flash memory, and nuclear power generators and other coal fire equipment, according to a recent Nikkei report.
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2016-01-25

Samsung Forecasts Flash LED Market Demands in 2016 to Match 2015 Levels

Last week Samsung denied plans of implementing unpaid leave for its LED business sector, and in an act to seemingly to quell negative rumors regarding its LED business, the company unveiled its latest mid-power LED package LM561B+ for high quality color performance last Thursday.
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2016-01-25

Undeterred by Failed Acquisition of Lumileds, GO Scale Capital Still on the Lookout for LED Investments

GO Scale Capital and Royal Philips announced that the parties have terminated their March 2015 agreement for GO Scale Capital to acquire 80.1% of Royal Philips' LED lighting components and automotive lighting business, Lumileds. After close to one year of best efforts by GO Scale Capital and Royal Philips to obtain approval from the Committee on Foreign Investment in United States (CFIUS), the parties have been unable to resolve CFIUS' unspecified concerns.         
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2016-01-25

LED Bulb Prices in India down 10%

LED bulb procurement prices in Madhya Pradesh, located in central India, have dropped another 10% from INR 73 per bulb (US $1.08) to INR 64.41 per unit, according to an official statement on Sunday.
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2016-01-25

Japan Display Announces Mass Production of OLED Panels in 2018

Japanese OLED panel manufacturer Japan Display announced it will be mass producing OLED panels in 2018, which has led many tech media including Engadget and Apple Rumors to speculate Apple might be launching an OLED screened phone in the near future.
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2016-01-22

Hot Picks of the Week Jan. 18-22

This has been a turbulent week for the LED industry. Philips announced just a few hours ago that it has terminated the sales of Lumileds to Go Scale Capital, the company was forced to abort the US $3.3 billion business transaction, due to opposition raised by the Committee on Foreign Investment in the United States (CFIUS). The company probably has a potential buyer lined up, and it will be worth observing who the new owner of Lumileds will be.
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2016-01-22

[Breaking News] Philips Terminates Sale of Lumileds to Go Scale Capital

Royal Philips announced that Philips and GO Scale Capital have terminated the agreement pursuant to which the consortium led by GO Scale Capital would acquire an 80.1% interest in Lumileds.
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2016-01-22

Hong Kong LED Manufacturer IFLUX Enters Nigerian Market

When the LED industry speaks about emerging markets, India, Russia, and Middle East countries are probably the top three markets that pop up in manufacturers’ minds. Rarely, do people think about testing the waters in the African market, but one Hong Kong LED lighting manufacturer has made its way into Nigeria.
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2016-01-22

India Bescom Kept Out of LED Bulb Loop

The Bangalore Electricity Supply Company (Bescom) in India was not aware of union Energy Efficiency Services Limited (EESL) LED bulb policy, according to a report from Bangalore Mirror.
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2016-01-22

Option Absorbs Innolumis and Lemnis Public Lighting

Option announces the acquisition of the shares of the Dutch LED lighting companies Lemnis Lighting BV Public and Innolumis Public Lighting BV and merges the two companies into a single commercial organization under the name Innolumis Public Lighting.
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2016-01-21

II-VI Buys Anadigics for US $61M

ANADIGICS announced that, on January 15, 2016, it entered into a definitive agreement and plan of merger pursuant to which II-VI Incorporated ("II-VI") has offered to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for $0.66 per share net in cash, pursuant to an all-cash tender offer and second-step merger (the "II-VI Merger Agreement").  The offer price in the II-VI Merger Agreement constitutes an increase of $0.31 per share over the November 11, 2015 agreement and plan of merger pursuant to which affiliates of GaAs Labs, LLC offered to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for $0.35 per share net in cash, pursuant to an all-cash tender offer and second-step merger (the "GaAs Labs Merger Agreement").  On January 12, 2016, the Company announced that the $0.66 per-share offer from II-VI (an "Excluded Party," as defined in the GaAs Labs Merger Agreement, and referred to in the Company's January 12, 2016 announcement as "Party A") had been determined by the Company's Board of Directors to constitute a "Superior Offer," as that term is defined in the GaAs Labs Merger Agreement.
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2016-01-20

Cree Moves Back Wolfspeed IPO

Leading U.S. LED company Cree will be setting back the spinout of its radio frequency and power product businesses, the company CEO Chuck Swoboda told analysts Tuesday.
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2016-01-20

Cree Revenue Improves Following Completion of LED Business Restructure

Cree, a market leader in LED lighting, today announced revenue of US $436 million for its second quarter of fiscal 2016, ended December 27, 2015. This represents a 5% increase compared to revenue of $413 million reported for the second quarter of fiscal 2015, and a 2% increase compared to the first quarter of fiscal 2016. GAAP net income for the second quarter of fiscal 2016 was $14 million, or $0.14 per diluted share, compared to GAAP net income of $12 million, or $0.10 per diluted share, for the second quarter of fiscal 2015. On a non-GAAP basis, net income for the second quarter of fiscal 2016 was $30 million, or $0.30 per diluted share, compared to non-GAAP net income for the second quarter of fiscal 2015 of $38 million, or $0.33 per diluted share.
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