Epistar, a leading Taiwanese LED chip maker, is to be the first manufacturer that raise the price of heavily-oversupplied InGaN LEDs. The company plans to raise up to 15% of the price in order to profit.

AIXTRON, a worldwide leading provider of deposition equipment to the semiconductor industry, announced today that Nanchang Kingsoon, a recently founded Chinese manufacturer of optoelectronic devices, has ordered multiple MOCVD cluster tools to expand manufacturing capacities in the area of gallium arsenide-based red, orange and yellow (ROY) LEDs and solar cells. All systems will be delivered in the course of the year.

The Town of Berlin, locates in Connecticut, U.S., recently kicks of a LED light conversion project, targeting at switching about 2,500 streetlights.

The Pakistani government might include financial incentives for LED lights and solar panels in its annual federal budget 2016-2017, as the government aims to slash energy consumption while turning to alternative energy sources, according to a report by local media Business Recorder.

Pacific Crest Securities has highlighted several companies that might benefit from Apple’s decision to use OLED displays in next year’s iPhones, according to a report from Investor Business Daily.

An almost incomparable depth of experience in terms of light, successful products with strong brands and a high-impact sales team – these are the strengths the company of Ledvance will be focusing on from 1st July 2016. This is the day on which the current Osram Lamps business division will become legally independent and will therefore become Ledvance GmbH.

A major investment in new, hi-tech LED street lighting across Renfrewshire has got underway in Paisley.

Chinese investors Fujian Grand Chip Investment Fund (GCI) is proposing to acquire Aixtron for EUR 6 per share, which would bring the acquisition value to about EUR 670 million. The investment will mostly be used for accelerating Axitron’s MOCVD R&D, and receiving the needed capital. Company management, structure, and patent portfolio will remain unchanged after the acquisition.

Samsung, the Korean display giant showcased a host of futuristic products, including OLED displays that can be rolled like a parchment, OLED displays for virtual reality gadgets and vehicles as well as hologram technology, reported Yahoo Tech.

Nashua is a city in Hillsborough County, New Hampshire, United States. The City officials approved a US $ 1.5 million project to upgrade high pressure sodium streetlights to LED streetlights, reported Union Leader.

India’s affordable LED lighting for all government initiative, Ujala Scheme, is now being rolled out in the country’s westernmost state Gujarat, according to a report from The Financial Express.

Forest Lighting, ranked as the top five global LED package manufacturer in the lighting application sector in LEDinside’s analysis, has been expanding its scale through acquisition ever since it became listed company back in February 2015.

Certain Taiwanese financial institutes are starting to tighten their credit policies on three industries that have been affected by intense market competition from China, including LED, solar energy and displays, reported UDN recently.

Chinese and Belgium government agencies signed a LED lighting partnership agreement in Hasselt, capital of Limburg province in east Belgium on Tuesday, reported Xinhua.

Earlier this month senior Samsung Electronics officials reported the company would not be making OLED TVs in the near future, and would be directing its focus on quantum dot-TVs (QLED TVs). Following this development, recent reports suggest the company’s long term strategy might skip OLED TV altogether, according to Korean media ETNews.

In a letter issued by Aixtron, it assured clients that it would remain a German company, protect its patents, and highlighted the benefits the potential acquisition deal with Fujian Grand Chip Investment Fund (FGC) would have on its future business strategy.

Aixtron’s announcement last Friday that is in talks with Chinese investment group Fujian Grand Chip Investment Fund (GCI)’s German subsidiary has attracted criticism from one of the group’s largest shareholder Argonaut Capital, according to aFinancial Times report.

Taiwanese LED EPI-wafer manufacturer Epistar has vehemently denied claims made by local media Apple Daily that it had laid off more than 100 employees following the shut down of its subsidiary FOREPI’s EPI-wafer fab.

Walking through the University of Massachusetts Amherst campus at night is getting brighter thanks to an ongoing, campus-wide installation of 800 LED street and parking lot lights. The effort is part of a three-year partnership between Eversource and UMass Amherst which began in 2014. The combined electricity savings from the partnership of approximately 9 million kilowatt-hours is the greenhouse gas equivalent of taking about 1,300 vehicles off the road.

The sales of Aixtron to a Chinese investor last Friday sparked market rumors, with some industry insiders over interpreting and speculating San’an Opto is involved in the acquisition. LEDinside takes a look into this particular market rumor.

Indian government incentives and policies has resulted in the large number of LED streetlight projects in the country, with many new developments each week. Varanasi is still behind schedule when it comes to streetlight upgrades, while Ambattur is starting to introduce smart LED streetlights.

Reports from Taiwanese media have pointed out StrongLED might have acquired Osram Licht smart LED bulb OEM orders. The alliance formed between the two competitors in the smart light market is aimed at countering Philips Lighting’s advancements in the smart lighting sector, according to the report from Commercial Times. The group’s LED component business Osram Opto, sheds insight about new 10 degree binning color technology, aimed at providing more realistic view of color performance.

Peter Scott, CEO of Fern-Howard Lighting, was welcomed as Lighting Industry Association (LIA) President by departing President, Alasdair McRury, Managing Director of Holophane Europe during the LIA’s Annual Lunch held on May10, 2016.

Amerlux recently supplied its Avista LED light engines as part of a major retrofit project in the downtown Los Angeles  area in California, U.S. Since the late 1920s, GE lamps were used to provide light for the streets of downtown LA during its modern revitalization. The Bureau of Street Lighting reported that more than half of its streetlights have already been retrofitted to LED, including 600 fixtures with Amerlux Avista light engines. This retrofit project saves the taxpayers of Los Angeles almost 80% in energy costs and provides better color rendering for enhanced visibility, safety and security throughout the community.

Authorities of City of Waterloo in Canada will upgrade its current LED streetlights to smart LED streetlights adding features of analyzing traffic conditions, detecting snowfall and connecting to gas and water utility meters, reported Waterloo Chronicle.

Philips has decided on the price for its initial public offering for its lighting unit recently, and estimates the spinoff could raise between EUR 694 million and EUR 844 million (US $785 million to US$ 954 million), reported Wall Street Journal.

To strategically strengthen the Fagerhult Group’s position in the professional lighting market as well as adding leading complementary product ranges, Fagerhult has acquired 100% of the shares of LED Linear GmbH based in Neukirchen-Vluyn, Germany. The acquisition is expected to have a positive effect on the earnings per share during 2016 and forward.

StrongLED Lighting Systems, a company registered in Cayman Islands, but with operations based in Taiwan and China is rumored to have acquired Osram’s outsurce orders, reported Taiwanese media Commercial Times.

The latest potential suppliers of Apple’s iPhone OLED screens have changed, reported Korea Herald.

An electronic manufacturer in China recently sued Chinese LED luminaire manufacturer Opple Lighting for trademark infringement, according to a report from Fawan, a Chinese media specializing in legal news.