2016-06-24

Hot Picks of the Week June. 20-24

A lawsuit filed by Nichia against Tachibana Eletech and E&E Japan, which companies imported and/or sold Blue LEDs manufactured by a Taiwanese company, Everlight Electronics, the Tokyo District Court found that the importation/sale of those Blue LEDs by E&E and Tachibana constituted infringement of Nichia's patent. However, Everlight refuted that it respects the court’s judgement as JP3972943 expired on July 6, 2014. Therefore, the infringement will not have negative impact on the company’s products.
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2016-06-22

Monocrystal Signs Partnership with Russian State Corporation Bank

Monocrystal, a leading supplier of synthetic sapphire and PV metallization pastes to the world market, signed a Memorandum of Cooperation with the Russian state corporation Bank for Development and Foreign Economic Affairs VEB during the St. Petersburg International Economic Forum 2016. The document implies VEB’s investment in the significant expansion of Monocrystal’s production capacity.
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2016-06-22

TYC Brother Industrial Aims to Grab Larger Shares in ASEAN Automotive Market

Aftermarket (AM) automotive lighting manufacturer TYC Brother recently held a shareholder meeting announcing its financial performance for fiscal year 2015, where the company revenue reached NT $15.05 billion (US $467.38 million), and net profit of NT $670 million setting a new record high over the last 12 years, reported Money DJ.
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2016-06-22

Revolution Lighting Technologies Receives US $4M for Recent Multi-Family Development Projects

Revolution Lighting Technologies, a leader in advanced LED lighting technology solutions, today announced that its division, Value Lighting, has been recently awarded lighting contracts for multi-family developments throughout the U.S. totaling US $4 million. This includes its most recent win with Reston Station in Reston, VA, in addition to several large multi-family developments in Washington D.C. and Georgia.
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2016-06-21

Industry Leaders Back Epistar’s Production Reduction

Leaders in the LED industry have been supportive of Epistar’s decision to scale down production capacity, the Taiwanese company has frozen nearly a quarter of its production capacity and initiated the largest scale down since its founding, reported China Times. This move could lower increasing cost pressures from depreciating old equipment, but at several large manufacturers shareholder meeting last week, Everlight Chairman Robert Yeh and Unity Opto’s Chairman Alpha Wu supported Epistar’s move, and from a chip buyer perspective announced chip prices had reached rock bottom.
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2016-06-20

Did San’an Opto and HC Semitek Raise LED Chip Prices Too?

A report from Korean media ET News claimed Chinese manufacturers San’an Opto and HC Semitek joined Epistar’s lead in raising LED chip prices, which Korean media and others analyzed was a sign that plummeting LED chip prices finally rebounded. However, LEDinside found the Korean media report was not an exclusive interview with senior executives from San’an Opto, nor was it a large scale price adjustment.
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2016-06-20

Samsung Ramps up Production as It Eyes Apple OLED Supplier Spot

Samsung Electronics aims to raise production of next-generation smartphone displays by more than 50% in 2016, as it eyes Apple’s iPhone supply chain and other manufacturers that are updating device specs, reported the Nikkei.
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2016-06-20

GE Current CEO Talks about Large Scale Commercial Lighting

Having headed GE Current for eight months, Maryose Sylvester shares some insights about the challenges she faces in an interview with 5 On Your Side.
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2016-06-17

Nichia Targets B&Q Self-Branded LED Bulbs in Latest YAG Patent Suit

Japanese LED manufacturer Nichia left a blazing trail of patent lawsuits in 2016, and the latest suit against B&Q seems to add onto the latest list of U.S. LED bulb retailers and distributor suits, except this suit should be viewed independently.
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2016-06-17

Philips Lighting Exercises Over-Allotment Option

Following Philips Lighting IPO announcement in May, the company recently issued a press release announcing exercise of over-allotment option. The press release intended for financial investors was banned from publication.
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2016-06-17

Hubbell Lighting Appoints New GM for Lighting Components Business

Hubbell Lighting, an innovator in the lighting industry, has named John DiNardi General Manager and Vice President of the Hubbell Lighting Components Business. He currently heads Hubbell Lighting's Technology and Business Development program. This move connects the solid state lighting components brands with Hubbell's advanced technology, product and business development group.
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2016-06-15

Havells India Raises Stake in Promptec Renewable

Havells India (the company) has scaled up its share in Promptec to 51%, which values INR 65 million (US $970,000), according to The Dollar Business.
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2016-06-15

Veeco Receives Massive Landmark Order for MBE R&D System From Nanjing University

Veeco Instruments announced that it has received the first order from a Chinese customer for its GENxplor™ R&D Molecular Beam Epitaxy (MBE) System. Nanjing University is scheduled to receive the system in the second quarter of 2016. The GENxplor system is the number one selling MBE system worldwide since its introduction in August 2013.
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2016-06-14

Lastertech Upholds Positive Outlook for 2H16

LED car module manufacturer Lastertech announced its consolidated revenue in May 2016 soared 59.76% month-on-month (MOM), or 71.36% year-on-year (YoY) to NT $ 353 million (US $10.90 million), reported UDN.
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2016-06-14

Samsung Display to Double OLED Shipments in 1Q16

Samsung Display’s shipments of OLED panels has more than doubled during the past year, since more -global smartphone manufacturers were adopting OLED displays, reported The Korea Herald.
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2016-06-14

Nualight Sales Lumotech’s LED Driver Business to Fulham Company Group

Nualight, a specialist LED lighting technology company has reached an agreement to sell certain assets from Lumotech, its driver and motion detector business to California, USA based company, Fulham. With its acquisition, Fulham will add that product portfolio to their existing range of LED drivers, modules, engines and further lighting solutions. Fulham will also strengthen its European presence through Lumotech’s existing sales channels, bringing new sustainable lighting solutions to global OEMs and distributors. The sale is expected to complete on July 01, 2016. The terms of the transaction remain confidential.
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2016-06-14

[Breaking News] Nichia Files New Lawsuits against U.S. Distributors Feit Electric, Meridian and Lowe’s

Nichia announced on June 13, 2016 it filed patent infringement lawsuits against U.S. retailers and distributors Feit Electric, Meridian, Lowe’s Companies and L G Sourcing for allegedly distributing LED bulbs that had infringed its patents.
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2016-06-13

DOE Offers US $10.5M Funding to Advance SSL Technologies

The U.S. Department of Energy has announced the competitive selection of nine solid-state lighting (SSL) projects to receive funding, in response to the funding opportunity announcement (FOA) DE-FOA-0001364 (“Solid-State Lighting Advanced Technology R&D – 2016”). These 18- to 24-month projects will focus on the following existing DOE SSL R&D program areas:
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2016-06-08

Samsung Prepares for Launch of Bendable OLED Smartphones and QLED TVs

To outwit rivals, Samsung intends to launch two bendable OLED smartphone models by next year and by 2018 will unveil QLED TVs onto the market, according to numerous reports.
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2016-06-08

Mumbai Metro Goes Green with LED Lighting and Other Measures

Mumbai Metro One announced it will be going green by installing LED lights and energy harvesting solar panels, reported Business Standardrecently.
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2016-06-07

LG’s TV Market Strategy in Taiwan

LG showcased its latest 4K OLED TVs to be launched in Taiwan earlier today, but these innovative TVs are not going to be their new major revenue source yet, said senior company executives during a press conference at The Humble Hotel in Taipei, Taiwan earlier Tuesday.
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2016-06-07

DOE Reveals 2016 SSL R&D Plan

DOE has published the 2016 edition of the Solid-State Lighting R&D Plan. It was developed in conjunction with community experts through input received at roundtable meetings held in September and October 2015 and at the DOE SSL R&D Workshop held in February 2016 in Raleigh, NC. The discussions covered R&D needs for LED and OLED technologies, ranging from core technology research and product development through manufacturing R&D.
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2016-06-07

Winter is coming? World’s Top Lighting Manufacturer Philips Closes Shenzhen Factory

This article contributed by a Wellmax editor analyses implications from the recent shutdown of Philips LED factory in Shenzhen, China. For Guangdong province alone, over 20 companies were listed. Kingsun Optoelectronic, Honglitronic entered into capital market, and the total market capitalization was over RMB 20 billion. The aggregate investment for provincial LED industry bases in Huizhou, Dongguan, Jiangmen, Nanhai, Zencheng and etc. was over 50 billion Chinese yuan.
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2016-06-06

Atlantic City Intelligent Streetlights Keep Pedestrians Connected and Fully Powered

Interactive LED streetlights installed on Atlantic City Boardwalk in New Jersey, U.S. are keeping local pedestrians fully connected and powered, reported Press of Atlantic City.
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2016-06-06

Elemental LED Partners up with Legacy Lighting

Elemental LED, a leading U.S. based engineering and technology company that manufactures LED lighting solutions announced today a partnership with Legacy Lighting that extends its Diode LED product brand into Austin, TX and the surrounding area. Elemental LED and its wholesale and manufacturing division, Diode LED, provides a wide variety of superior quality linear, task, and accent LED lighting solutions for both residential and commercial applications.
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2016-06-04

Hot Picks of the Week May 30-June 4

The Pakistan government has announced it will be including LED lights in its fiscal year 2016-2017 budget, the emerging market is expected to present high growth rates of CAGR 45% till 2020, but the source of the projections remains unclear.
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2016-06-03

Leyard Invests in Magic Leap as Strategic Deployment for Emerging AR Technology

Leyard announced on June 2 that the company’s whole subsidy has participated in the investment of PV ML LLC, the investment entity that signed the stake transfer agreement with Legend Pictures for the acquisition of Magic Leap’s stake.
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2016-06-03

Philips Lighting Pledges to the World’s Energy Ministers to Sell More than 2B LED Light Bulbs by 2020

Leaders from Philips Lighting will meet today with Energy Ministers attending the seventh Clean Energy Ministerial (CEM7) summit in San Francisco, where the company will announce a commitment to sell more than 2 billion1 energy efficient LED light bulbs by 2020. Reaching this goal is estimated to save an amount of energy equivalent to that generated by 60 medium-sized coal-fired power stations with emissions equivalent to those from 24 million cars by 2020. The company will also reaffirm its pledge to make its global operations carbon neutral by 2020 and say that it expects electricity for its US operations to be 100% from renewable sources later this year.
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2016-06-03

Applied Materials Capable of Sourcing 100 M Apple iPhones

A UBS analyst projected Applied Materials is capable of sourcing 100 million Apple iPhone screen, as the Cupertino based company pushes for OLED devices.
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2016-06-03

West Berkshire Close to Completing GBP 7M LED Streetlight Upgrade

The West Berkshire Council in UK is close to completing a GBP 7.24 million (US $10.43 million) LED streetlight upgrade project in the next few weeks.
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New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interest... READ MORE
Cree LED delivers superior brightness, light quality and efficiency for portable applications. Our XLamp® LEDs are ideally suited for torch, flashlight, tactical flashlight, head lamp, bike light, weapon light and lantern portable applicat... READ MORE