Cree, a market leader in LED lighting, announced preliminary estimates of financial results for its third fiscal quarter ended March 27, 2016. Revenue for the quarter is estimated to be approximately US $367 million, with earnings estimated to be ($0.01) loss to $0.01 per diluted share on a GAAP basis, and $0.13 to $0.15 per diluted share on a non-GAAP basis. These preliminary financial results are subject to completion of the Company’s customary quarterly closing and review procedures.

Kyulux, an advanced materials startup that is commercializing the next generation of OLED display and lighting technology known as TADF (Thermally Activated Delayed Fluorescence), announced today that Samsung Venture Investment Corporation took the lead in a $13.5 million (¥1.5 Billion Japanese Yen) Series A round of venture funding.  Participating in the round were global OLED panel manufacturers including Samsung Display, LG Display, Japan Display and JOLED, top tier Japanese venture capital funds, and a Japanese Government affiliated venture fund. Kyushu University also announced the transfer of a large portfolio of TADF related patents and equity participation by the university in the financing. 

NEMA’s Lighting Systems Shipments Index, a measure of demand for lighting equipment, decreased 2.6% quarter-to-quarter while posting a 0.1% increase year-over-year during 4Q15. Fixtures, emergency lighting, and miniature lamp, components of the index, gained ground on a year-over-year basis, while ballast and large lamp, components recorded year-over-year declines.

Acuity Brands announced record second quarter results for net sales, net income, and diluted earnings per share (“EPS”). Fiscal 2016 second quarter net sales of US $777.8 million increased $161.7 million, or 26%, compared with the year-ago period. Operating profit for the second quarter of fiscal 2016 was $106.7 million, an increase of $28.1 million, or 36%, over the year-ago period. Net income for the second quarter of fiscal 2016 was $65.5 million, an increase of 41% compared with the prior-year period. Fiscal 2016 second quarter diluted EPS of $1.49 increased 39% compared with $1.07 for the year-ago period.

Foxconn’s acquisition of Sharp could help Apple reduce its dependency on Samsung for OLED display panels, analyzed 9to5Mac.

Affected by the uncertain economic outlook, Taiwanese LED manufacturer Everlight’s business operations in 2016 lacked strong growth momentum, reported Taiwanese media UDN. Waning consumer consumption led to sliding revenues in the backlight market, which has neutralized lighting market growth. 

The city of Phoenix in Arizona, U.S. is asking for public input on the appearance and use of energy-efficient LED technology for street and park lighting.

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America surged in March, climbing to 64.7 from 44.4 the previous month as more panelists reported conditions improved than eroded. Compared to February, a larger share of the survey panel reported that business conditions improved (41% in March compared to 22% in February) and a smaller share reported that they deteriorated (12% in March compared to 33% in February). Forty-seven percent claimed conditions were unchanged in March, similar to the share holding this view a month ago.

A GBP 9.8 million (US $14.09 million) project to replace all the streetlamps in Reading with energy efficient LEDs is due to start on Monday 4th April.

Pirated Philips LED bulbs were found in Yinshang County, Anhui Province, China, according to a statement released by the local Market and Quality Supervision Commission.

A recent report from renowned Apple specialist and analyst Ming Chi Kuo from KGI Securities projects the current iPhone 6 design might be overhauled in the next generation phone, and be replaced with a 5.8” curved glass casing AMOLED display phone, reported MacRumors.

Investor lawsuits have caused Foshan Lighting’s net profits to plummet 79.93% in 2015 to RMB 53 million (US $8.15 million), while annual revenue dropped 6.26% YoY to RMB 2.88 billion, according to a company statement.

ETI announced recently that the company board’s Independent Director Jing Guo Jiang has resigned, due to personal reasons.

Shanghai Felio Acoustics rebutted misleading reports claiming its affiliated company INESA is building a new LED plant in France that could create 200 to 300 new jobs in the country.

Seoul Semiconductor announced that it won a patent infringement lawsuit regarding LED backlight lens technology against Japanese lens maker Enplas.

A report from IHS recently claimed AMOLED panel production costs for smartphone displays was nearing LCD displays or translated into LED industry language ready to take out LED backlight, reportedPhonearena.com and Korean media ETnews.

Indian consumers from Nashik, a northern district of Maharashtra State, were given only one option to pay for LED bulbs—cash only, reported The Times of India.

A community in the state of Florida, U.S. wants more efficient streetlights to cut energy bills, but local utility company Florida Power and Light (FPL) is making things rather difficult, reported SunSetinental.

Forest Lighting (formerly branded as MLS) announced recently it had acquired 80% shares from Hong Kong lighting vendor Super Trend Lighting Chairman Jiangguo Yen (嚴建國), which is expected to bolster the Chinese player’s  LED filament bulb market share.

Nichia announced several LED patent lawsuits this week, including its two patent infringement suits filed against TV manufacturer Vizio in Eastern Court of Texas and District Court for the Central District of California in U.S., and ongoing YAG patents lawsuit against Everlight China. The lawsuit filed against Vizio stands out in particular, since it targets the end product manufacturer instead of a LED chip or component supplier.

In 2012, EVERLIGHT filed a declaratory judgment action of invalidity and non-infringement against Nichia’s U.S. Patent Nos. 5,998,925 and 7,531,960 in the U.S. District Court for the Eastern District of Michigan. These two patents are directed to YAG phosphors being used in LEDs and phosphor concentration. The jury on April 22, 2015 has found all the asserted patent claims invalid. And the court has rejected Nichia’s motions for a new trial and confirmed the jury finding on January 19, 2016. 

Bengaluru, the capital of Kanakata State in India, has distributed more than 5 million LED bulbs to local residents since it launched the energy efficiency program three months ago, reported The New Indian Express.

Dutch lighting giant Philips Lighting has started selling energy efficient LED bulbs at Palace shopping mall in Ghana capital Accra, reported Graphic Online.

Global leading LED manufacturer Nichia has filed another patent infringement lawsuit against U.S. TV manufacturer Vizio in Central California Court, just one day after filing a lawsuit in the Eastern Texas. Moreover, the Japanese company is enforcing its YAG patents in China, and filed a lawsuit against Everlight subsidiary and distributor in China earlier this month. Below are Nichia’s statements related to the cases:

A photocall on March 17, 2016 marked the start of a two-year project to replace all of the borough’s 11,300 street lamps with LED energy efficient ones.

Silver Spring Networks announced a new go-to-market partner, Rongwen, for its rapidly growing smart cities and smart street lighting business. Rongwen is one of the largest smart LED street light providers and operators in China, and has deployed more than 250,000 controllable LED street lights in its home country under the Energy Performance Contracting (EPC) business model. 

The U.S. Patent and Trademark Office (USPTO) has granted Apple 59 patents including one related to AMOLED displays, reported Patently Apple.

Nichia has filed a complaint in the Eastern Court of Texas in U.S. court against American TV manufacturer Vizio for infringing its LED patent (U.S. Patent No. 8,530,250), reported Law 360 magazine.

Lighting Science, the global technology leader in human health focused LED solutions, unveils a bold new brand identity designed to more accurately communicate the mission of the company and its groundbreaking products. The brand relaunch coincides with the expansion of Lighting Science’s line of biologically-tuned LED products including the Sleepy Baby®, GoodNight™, and GoodDay™ bulbs which emit pre-sleep and awake & alert spectrums of light, respectively.

Prospects of the LED lighting market in Indonesia is promising and set to soar this year, due to growing electrification ratio in the country, reported Indonesia Investments.