LiteOn yesterday reported its 3Q17 financial results, with a consolidated revenue of NTD 56 billion (USD 1.856 billion) following a 6% quarterly increase contributed by increased sales of power system solutions for cloud-computing data centers, AI smart home devices, IR LED, outdoor lighting, storage systems and game consoles.

Chinese LED packager Honglitronic has been devoted to the development of products for automotive lighting. It lately collaborated with Taiwan-based LED chip giant Epistar to form a strategic alliance, aiming to harness resources from both sides to develop automotive lighting products. 

Industrial gases supplier Praxair announced it has signed a long-term agreement to build, own and operate an air separation plant that will supply 700 tons per day of nitrogen to Samsung’s display manufacturing complex in Tangjeong, South Korea.

   Revolution Lighting Technologies announced financial results for the third quarter (Q3) ended September 30, 2017.

KORE, Remoticom and LIGHTRONICS today announced a partnership to offer IoT-enabled global streetlights and outdoor lighting solutions as a key component of the increasingly “smart” city

Marking a milestone for its Metal Organic Chemical Vapor Deposition (MOCVD) business, Advanced Micro-Fabrication Equipment Inc. (AMEC) announced it has shipped 100 Prismo A7 MOCVD tool chambers since the product's introduction last year.

Velodyne LiDAR Inc. announced that it is partnering with YellowScan to integrate its VLP-16 Puck and VLP-16 Puck LITE LiDAR sensors into YellowScan’s Surveyor for a turn-key and reliable LiDAR system for demanding UAV applications.

Hamamatsu Photonics K.K. (HPK) and Nichia on Oct. 11 have reached a basic agreement to build a wide-ranging collaborative framework leveraging the two companies’ proprietary optical and other technologies.

Philips Lighting seeks to expand its share in the construction of LED street lighting networks in India. A philips official revealed the company plans to replace over 30 million traditional street lamps with connectable LED street lights after winning a major part of government’s LED distribution scheme, covered Money Control.

Leyard and Planar, global experts in visualization products, announced they have expanded their presence in the United States by adding the assembly, configuration and testing of LED video wall products to their manufacturing facility in Hillsboro, Ore.

Seoul Semiconductor yesterday announced consolidated third-quarter revenues of KrW 305 billion. The rise in consolidated revenue was a result of strong sales of its differentiated technologies Acrich MJT, Wicop, UCD and filament LED. 

Velodyne LiDAR Inc., manufacturing 3D vision systems for autonomous vehicles, announced that it has more than quadrupled production for its high-performance LiDAR sensors to meet strong global demand. As a result, Velodyne LiDAR’s sensors are immediately available via distribution partners in Europe, Asia Pacific, and North America, with industry standard lead-times for direct contracts.

DENSO, Japan-based automotive technology, systems and components suppliers, today announced it has developed a thin-film transistor (TFT), liquid-crystal head-up display (HUD) to project critical driving information onto the windshield for drivers. This human machine interface (HMI) is the world's largest automotive head-up display with a nearly 24-inch projection. The product will be released in November 2017 and featured on the new 2018 Lexus LS.

Taiwan-based LED epi-wafer and chip manufacturer Epileds registered a lower revenue in 3Q17 than that in 2Q17 and the revenue fell from a year ago because of seasonality and factory relocation. Epileds is predicted to continue moving factories and purchase infrared (IR) and ultraviolet (UV) LED machines in 4Q17. Epileds will mainly buy used machines and modify them by itself. The revenue in 4Q17 is estimated to be similar to that in 3Q17. Epileds' annual revenue is projected to stay flat, but gross margin will improve, and profit will possibly bounce back. 

Samsung Electronics, a Korean company specializing in advanced digital component solutions, and TÜV SÜD, a global technical services provider of quality, safety and sustainability solutions, today announced that the companies have developed a new testing program for Samsung’s automotive LED components. A ceremony was held earlier today at the headquarters of TÜV SÜD Korea Ltd. in Seoul, Korea, to unveil the new testing program.

Taiwanese LED package manufacturer EVERLIGHT reported a 9% QoQ slide in its 3Q17 revenue due to lukewarm sales of general lighting, backlights, and consumer electronics applications. Facing threats from Chinese rivals in those markets, the company would also experience decreased gross margin. Performance in Q4 is projected similar to that in Q3. Both its 2017 revenue and profit might decline. EVERLIGHT’s finance has experienced a continuous fall since 2015.

Capstone Companies, Inc., a designer of innovative LED lighting solutions including power failure lighting, announced preliminary third quarterrevenue as of September 30, 2017 of approximately $13 million, an increase of 11% over the prior year period. Preliminary year-to-date revenue is expected to exceed $30 million, an increase of approximately $7.3 million or 32.2% as compared to the same period 2016.

China’s largest LED chip maker San’an Opto lately announced it has received a RMB 124 million subsidy from the Xiamen Torch Hi-Tech Industrial Development Zone Administration Committee for its purchase of MOCVD systems.

NanoLumens announced that Nashville-based PixelFLEX has joined the NanoLumens Partner Program. Now able to exclusively market the NanoLumens' Nixel SeriesTM flexible LED under the name "TrueFLEX visualized by NanoLumens", the partner agreement coincides with the settlement of the corresponding NanoLumens patent infringement lawsuit.

Quantum dots developer Quantum Materials on October 19 issued its shareholder update report 2017.

Philips Lighting on October 19 announced the company’s third quarter results 2017. “In line with our objectives, Philips Lighting returned to comparable sales growth in the quarter. For the first time in our transformation, the growth of LED and connected lighting systems & services more than offset the decline of our conventional business,” said CEO Eric Rondolat.

Osram Licht AG announced to start the operation of its new LED chip factory in the Kulim Hi-Tech Park, Malaysia on October 23. The company claimed the new plant will be the world’s largest and most advanced 6-inch LED chip plant after the final stage of the construction scheduled to be finished in 2020.

Epistar Corporation filed a patent infringement lawsuit against All Star Lighting Supplies, Inc., d/b/a Luxrite in the United States District Court for the District of New Jersey on October 13, 2017. The complaint asserts that Luxrite’s LED filament bulbs infringe eight Epistar patents and seeks injunctive relief to halt further sale of the infringing products.

Cree on October 17 released a webcast reporting its 1Q18 financial results. The next-day financial report showed a decrease of 3% YoY in the LED chip maker’s revenue. Gregg Lowe, Cree CEO, stated with faith that the company will implement new strategies in the next few months. Cree is speculated to invest heavily in its chip business and to exit the consumer lighting market. Its stock jumped 16% on Wednesday after the new CEO announced the new guidance. 

Taiwan-based LED manufacturer Epistar's revenue in September rose to NTD 2.476 billion, setting a new record high since April 2015. Its revenue in the third quarter of 2017 also set a new record for the past 12 quarters, reaching NTD 7.057 billion.

Cree yesterday announced financial results for its first quarter of fiscal 2018, ended September 24, 2017. Revenue for the first quarter of fiscal 2018 was $360 million, which represents a 3% decrease compared to revenue of $371 million for the first quarter of fiscal 2017 and a slight increase compared to the fourth quarter of fiscal 2017. 

GB Energie LED announced the completion of an LED retrofit project for Leesburg Executive Airport in Leesburg, Virginia. The project included the installation of LED lighting solutions within the terminal, as well as exterior building lighting and throughout parking lots to improve lighting levels and increase energy efficiency, improving lighting energy use by more than 60%.

Osram acquires a stake in the Swiss company beaconsmind AG. Via its venture capital unit, Fluxunit, the lighting company has gained a strategic minority interest in the start-up that offers smart software to retailers, enabling a personalized approach to customers. Fluxunit supports and develops both internal and external start-ups.

Heliospectra AB (publ), an expert in intelligent lighting technology for greenhouse and controlled plant growth environments, announces a new cooperation with NYSK Holdings, a state-of-the-art medicinal cannabis facility in Macedonia. The grower is partnering with Heliospectra to be able to supply patients with consistent, pharmaceutical-grade medicine for chronic diseases year-round. The investment is valued at around $125,000 (1,016,000 SEK).

Ultravision International announced that it has reached a definitive agreement with Lamar Advertising Company, an owner and operator of outdoor advertising and logo sign displays, for Lamar to purchase LED billboard lights and Modular LED Display Panels from Ultravision.