Taiwanese touch screen supplier Wintek laid off nearly 90% of its staff, as the financially struggling company aims to transform its business model to become a new LED manufacturer, according to a Chinese-language Economic Daily News report.

A new report from Navigant Research analyzes the global market for commercial building automation systems (BASs), including global market forecasts through 2023.

China’s low LED prices have taken on a whole new definition in Zhongshan city located in Guangdong Province, where bulbs are being sold in a similar way to vegetables on the market, according to an Alighting.cn report.

After it spun-off from Siemens, OSRAM’s lower margins and trades were at half the multiples of its peers on half of the margin, but is expected to have a positive outlook in coming year, according to an analysis on Seeking Alpha.

San’an Opto’s plans of installing another 50 MOCVD equipment was approved by the company board on Dec. 11, 2014, according to several Chinese media reports.

Pixelligent Technologies, producer of PixClear™, the leading nanocrystal dispersions for demanding applications in the Solid State Lighting and Optical Coatings & Films markets, announced today that it closed $5.5 million in new equity funding. The funds will be used to support its accelerating customer growth in Asia, the EU and the U.S., and also to hire application engineers, product managers, manufacturing engineers, and staff scientists.

Lumenpulse, a leading manufacturer of high performance, specification-grade LED lighting solutions, released today its financial results for the second quarter and six-month period ended October 31, 2014.

Epistar is reported to fully integrate with FOREPI before the end of 1Q15, with the possibility of FOREPI’s Chairman Feng-Ren Chien stepping down from the management board, according to a report from the China Times.

LED manufacturer Everlight plans to expand in the lighting market as the company’s revenue for November was down due to LED backlight slack season.

Epistar announced revenue last month was down, due to low blue light LED utilization rate.

After a temporary trade suspension last week, Kingsun Optoelectronic released an announcement yesterday reporting the company had acquired 51% shares on three lighting companies and will resume trading today, according to a report of cnstock.com.

Last Saturday evening, rumors began to surface on Chinese social media platform Weixin that Jiangmen Guojing Opto (國晶光電), a subsidiary of Juliang Electric Technology Group (Juliang), was being pressured by more than 100 suppliers to pay up. Shortly after the incident, suppliers lost contact with Juliang’s CEO, while suppliers formed a barricade around the factory entrance.

Taiwanese LED manufacturer Lextar’s recently announced revenue last month was slightly down, due to the slack season in 4Q14.

Absen released a statement on December 4 reporting the company undergone sustainable growth in sales this year and had recorded RMB 1 Billion (US $165.53 million) turnover out of its cumulative sales orders as of Dec. 4, 2014.

Honglitronic’s LED package gross margin has stabilized with few fluctuations, according to the company’s latest financial report.

Chinese LED manufacturer Ledman Opto’s shares dipped slightly 6% on Friday, but soared close to noon, according to a Sina.com report.

Shenzhen Changfang Lighting announced its wholly owned subsidiary, Huizhou CF Lighting replaced its legal representative Zi-Zhang Deng with Zi-Hua Deng, which was approved by the Huizhou City State Administration of Business and Commerce on December 4.

Everlight’s Chairman Robert Yeh refuted market rumors claiming the company had received Philips OEM orders, according to a money.udn’s report.

Another founder in the intensely competitive Chinese LED industry has disappeared, according to a National Business Daily report.

The seven plaintiffs involved in the Foshan Lighting’s misleading financial statement case received notices on Thursday from the Guangzhou City Intermediate People's Court that the case has entered second trial, according to a QQ.com report.

Cree shares lost nearly 40% of their value over the past year, as GE and Philips launched more aggressive business strategies on the market.

Access Fixtures post top LED retrofit lamps for decorative street lighting and antique street lighting are now available at a significantly reduced prices. This enables municipalities and property managers to easily retrofit antique street lights from HID sources to energy-efficient, long-lasting LED. The reduced prices are available for the 45w Post Top LED Retrofit and 30w Post Top LED Retrofit. Access Fixtures LED post top retrofits are self-ballasted for easy installation. To retrofit the luminaire, remove the ballast, direct wire the socket, and screw the new LED post top retrofit into the existing socket.

SemiLEDs, "SemiLEDs" or the "Company," a developer and manufacturer of LED chips and LED components, today announced its financial results for the fourth quarter and full year of fiscal year 2014, ended August 31, 2014.

Lextar’s revenue in October 2014 continued to decline, with initial estimations November to December performances being flat or showing only minor growth, mainly due to backlight’s slack season, according to a Money DJ report.

After three months of inventory digestion, major epi-wafer manufacturer Epistar is yet expected to prolong its low utilization rate as LED market enters slack season in November and December. The company’s blue LED utilization rate is around 50% in November, according to Epistar's vice general manager Rider Chang.

A common scenario since the emergence of e-commerce has been consumers jotting down product serial numbers and brands they like, only to purchase them online at a cheaper price. Online the same merchandise sold in a physical retail shop is often marked at a lower price. Thus, price has remained the main factor taken into consideration.

A mutual fund established under San’an Opto Employee Stock Ownership Plans (ESOP) has acquired 50.30 million company shares.

LED is a fast changing industry. Asian manufacturers have taken their own paths to confront the tide of change. Japanese manufacturers are actively seeking collaboration opportunities with Taiwanese manufacturers, while Korean LED manufacturer Samsung has gradually exited the global LED market. Chinese manufacturers on the other hand are expanding production capacity on the back of government support.

Access Fixtures has announced that revenue from sales of LED products has exceeded a growth of 100 percent in a year-over-year analysis. Continuous advancements in LED technology enable the use of LED lighting in an increasing number of applications. Categories that have seen the largest growth include LED bollard lights, LED wall packs, and LED flood lights. LED product sales now exceed 50 percent of Access Fixtures' total revenue.

Taiwanese major LED packaging manufacturer Everlight reported a consolidated profit of NT $8.52 billion for 2014 third quarter, hitting a quarterly record, with gross margin of 24.44%, net operating profit of NT$816 million and net profit of NT$726 million.