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.

GE Lighting recently announced it will be closing two traditional lighting production plants in Lexington, Kentucky in U.S. by August 2017, reported Lexington KY News.

Shimla, a city located in Northern Indian state of Himachal Pradesh, will be replacing about 8,000 conventional streetlights with LEDs, reportedThe Times of India.

Intense price competition in the blue LED market has urged Taiwanese manufacturers to transform their business models, among these include Arima Optoelectronics (Arima), which is one of the leading companies in the Greater China region to give up blue (InGaN) LEDs, reported UDN.

Leading Korean LED manufacturer Seoul Semiconductor and Lumens recently announced their separate new fab investment plans in Vietnam, reported Yonhap News Agency.

Major iPhone assembler Hon Hai Precision Industry, or also kn0own as Foxconn Technology Group announced the Chinese government finally gave it the green light to approve Japanese conglomerate Sharp for US $3.5 billion, reported Nikkei Asian Review.

The Delhi Electricity Regulatory Commission (DERC) in India rejected a petition by the South Delhi Municipal Corporation (SDMC) requesting for reduction in energy charges payable by them to BSES Rajdhani, reported The Times of India.

Veeco Instruments announced that Epistar has ordered multiple TurboDisc® EPIK™700 Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems for the production of light emitting diodes (LEDs).  The Veeco systems will be used to meet demand for various applications.  

On August 5, 2016, Shanghai Wellmax Lighting Industry’s (WELLMAX) Sales Manager Tony Song and Senior R&D Engineer Jianzhang Wang led a team to visit the DEKRA Testing & Certification Lab located at Jiangchang San Road, Shanghai, and carried out in-depth technical exchange with DEKRA representatives. The team visited the LED Technical Center and Mechanical Laboratory, the Performance and Efficiency Laboratory, and the Electrical Safety Laboratory, and was introduced to the EMC Test Room (for radiation, conduction and anti-interference), the Optical Testing Center (with light distribution test instrument), and many other experimental facilities and methods.

Nichia’s patent infringement suit filed against the world’s third largest TV vendor TCL Multimedia (TCL) and subsidiary TTE Technology (TTE) on Aug. 8, 2016, is a significant move to prevent unpatented Chinese LED chips from entering U.S., said LEDinside analysts.

On August 8, 2016, Nichia Corporation ("Nichia") filed two patent infringement lawsuitss against TTE Technology, a U.S. based LCD TV distributor, and TCL Multimedia Technology in two district courts in U.S.