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.

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

Xiaomi’s unveiled its latest wearable device Xiaomi Mi Band 2 that will be released in China on June 7, 2016, reported Engadget.

Networked LED light fixtures with built-in sensors can create a digital nervous system for cities. If deployed on streets, in parking garages and in buildings, this ubiquitous infrastructure  will create a constant stream of useful data for government, business and citizens.

Caribbean LED Lighting (St Lucia) (CLL), the only regional LED manufacturer in the region launched their Bois D’Orange showroom and retail store recently. The sister company is based in Barbados, and manufactures all types of residential, commercial, landscape and streetlights and has established an ambitious growth strategy.

It appears MacBook Pro keyboards will come with OLED touch panels after all, Cult of Mac has leaked photos of the OLED panel enhanced notebooks, which it obtained from an Apple supplier.

MaxLite, a leading global manufacturer of LED lighting solutions, announces it has become one of the first companies in the lighting industry to join the U.S. Department of Energy (DOE) as an Innovation Partner in its Zero Energy Ready Homes (ZERH) program.

Rubicon Technology, a leading provider of sapphire substrates and products to the LED, optical and semiconductor industries, today announced that it has appointed a new independent director, Timothy Brog, President of Locksmith Capital, to its Board of Directors, effective immediately. With the addition of Brog, the Board expands to six members, five of whom are independent.

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.