Yonkers Mayor Mike Spano and the New York Power Authority (NYPA) in U.S. announced that, through their partnership in the Five Cities Energy Initiative, Yonkers will replace 20,200 interior lighting fixtures with LED energy efficient tubes in all city operated buildings. The project, partially funded by NYPA, will save Yonkers taxpayers up to $250,000 per year and reduce the City’s carbon footprint by 1,226 tons annually. 

Veeco Instruments announced that Lawrence Livermore National Laboratory (LLNL), based in California, has ordered Veeco’s SPECTOR® Ion Beam Sputtering (IBS) System.  The system will be used to deposit optical thin films and to conduct research regarding laser performance in support of the Laboratory’s national security mission.

Japan Display Inc. (JDI), a manufactuerr of small to mid-sized LCD displays issued a statement on Saturday refuting claims made by Nikkeiand other media that it was seeking financial support from INCJ.

GE Lighting has helped monitor athletes performance with LED biosensors at the 2016 Summer Olympics that took place from Aug. 5-21, 2016 in Rio de Janerio and its projects there invovles more than illuminating venues.

U.S. researchers claim to have found a new method to overcome green LED droop issues. GCS Holdings sell to San’an Opto faces similar fate as Lumileds, with U.S. authorities blocking the acquisition transaction over undisclosed concerns. Samsung rumored to be investing huge sums in 3D NAND flash memory and OLED panels.

To cope with saturated smartphones' market and gradually weakening sales, Samsung Electronics is considering to purchase Fiat Chrysler Group's automobile component manufacturer Magneti Marelli to develop new market segments.

A delegation of authorities from Dubai Supreme Council of Energy and Road and Transport Authority (RTA) visited Los Angeles Bureau of Street Lighting to enhance cooperation and become familiar with streetlight projects, reported Trade Arabia.

Kyocera announced that it will acquire all shares in Melles Griot KK — a Japan-based manufacturer specializing in optical components which is currently a subsidiary of U.S.-based IDEX Corporation — in order to further expand its optical components business. Melles Griot KK is expected to become a wholly owned Kyocera Group company effective on Sept. 1, 2016.

More than half of Bolton’s street lamps have now switched over to new LED lighting - and work is on target to finish in 2018. Replacement work continues throughout the borough and almost 15,000 lights in 2,463 streets have been upgraded, since the rollout began in April last year. Approximately 26,000 lights on residential streets and main roads are being replaced with lower carbon LED lanterns.

Goa, a state in India has lifted its ban of using LED fishing lights on boats, and now will permit the use of these lighting equipment on boats in areas beyond 12 nautical miles, which is the boundary of jurisdiction for the state, said Fisheries Minister Avertano Furtado.

Varroc Lighting Systems, a company based in U.S. is pushing U.S. regulators to adopt EU smart headlight standards, reported Crain’s Detroit Business.

Revenues of US $75.3 million GAAP net loss per share of $0.82, includes a pre-tax charge of ~$16 million associated with the restructuring plans Non-GAAP net loss per share of $0.19 Non-GAAP adjusted EBITDA of negative $2.8 million

Veeco Instruments announced the appointment of Kathleen Bayless to its Board of Directors and its Audit Committee.  

Nanoco Group, a world leader in the development and manufacture of cadmium-free quantum dots (CFQD® quantum dots) and other nanomaterials, announced it has signed a worldwide material supply and licensing agreement with Merck, a leading science and technology company. The license allows Merck to immediately start marketing Nanoco’s CFQD quantum dots and to ultimately establish its own production facility to meet growing market demand for this innovative, heavy metal-free material.

Hubbell Lighting, a leader in lighting innovation, announced that it has appointed PG enlighten as its new representative throughout Northern Illinois, to include Chicago, Rockford, Central Illinois and Northwest Indiana in U.S., effective Sept. 1, 2016.

About 167,000 streetlights in Porvorim, the capital of Goa state in India, will be replaced with LED bulbs in seven months, said the Power Minister Milind Naik at a State Legislative Assembly recently, reported Herald.

Samsung will be investing KRW 17 trillion (US $15 billion) in 3-D NAND flash memory chips and OLED panels, that are both key smartphone components to stay ahead of competition, reported The Korean Herald.

The acquisition of the year happened on Tuesday, when Osram stated top Chinese LED chip package manufacturer MLS along with two other investors absorbed its general lighting business, LEDVANCE. If you had been following LEDinside since last November, MLS General Manager Lawrence Lin had spoken on multiple occasions about ongoing talks, and that it was close to sealing the deal just a couple weeks ago. Osram authorized trademark usage and as part of the deal MLS will be buying white LED chips from the German lighting giant’s plant in Malaysia once the fab enters mass production phase.

Dow reported earnings per share of $2.61, or operating earnings per share of $0.95. This compares with Earnings per Share (EPS) of $0.97 in the year-ago period, or operating EPS of $0.91. Certain Items in the quarter primarily reflected a $2.20 per share gain related to the Dow Corning ownership restructure and a $0.27 per share charge for costs associated with the restructuring plan announced in the quarter. The tax rate was impacted by Certain Items. Excluding these, the tax rate was within the Company’s modeling guidance.

LG Display, the world’s leading innovator of display technologies, announced today that it will invest KRW1.99 trillion (US $1.78 million) in a new 6th generation (1,500mm x 1,850mm) flexible OLED display production line in Paju, South Korea, as part of its preemptive efforts to change and lead the approaching era of flexible OLED screens for mobile devices.

Heliospectra, a world leader in intelligent lighting technology for controlled environments horticulture, is pleased to announce that Green Leaf, a recently licensed cannabis cultivation facility in Alaska, selected the Heliospectra LED lighting system. Green Leaf owner-operator Aaron Bean chose the Heliospectra LED-based solution after determining that it is the only product in the marketplace with the power and versatility to support every stage of the cannabis growth cycle.

Viribright Lighting announced that is has received a US Patent (US 9,379,300) for the design of an LED chip welded in a flip-chip manner on a floating copper heat radiation support. The Viribright LED packaging design generates more lumens per watt with better control of heat dissipation than previous LED manufacturing methods.

The first half of 2016 has flown by quickly, with the LED industry entering a mature phase and stabilizing growth rates, it is gradually losing its liveliness. Looking back to the first half of 2016, new terms emerged among the tide of acquisitions and price wars. The keywords can be summarized as five large niche lighting markets, four key markets, three competitive technologies, changes in two major products market positions, and one new technology term.

India’s Energy Efficiency Services Limited (EESL) issued a warning to consumers to be cautious about websites claiming to sell 9W LED bulbs for less than INR 1 (US $0.02), reported The Times of India.

Nanoco Group, a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, and Wah Hong Industrial Corporation (TPEx: 8240, "Wah Hong"), a leading Taiwanese manufacturer and supplier of optical films, jointly announce that they have signed a supply and licence agreement in the display sector.

Philips Lighting announced the appointment of Stéphane Rougeot as Chief Financial Officer, effective September 1, 2016. Rougeot succeeds Rene van Schooten Business Group Leader Lamps, who in addition to his current role held the position on an interim basis for nine months.

Today’s high-speed wired communication networks use lasers to carry information through optical fibers, but wireless networks are currently based on radiofrequencies or microwaves. In an advance that could one day make light-based wireless communications ubiquitous, researchers from Facebook Connectivity Lab have demonstrated a conceptually new approach for detecting optical communication signals traveling through the air.

Philips reports Q2 sales of EUR 5.9 billion (US $6.49 billion) and comparable sales growth of 3%, a 9% improvement in Adjusted EBITA to EUR 544 million and net income of EUR 431 million

China’s LED industry produced 296.3 billion LEDs during first half of 2016, up 19.21% Year-on-Year, reported China Light Industry Internet (CLII).

Chinese LED manufacturer Honglitronic Optoelectronics announced it had rebranded itself as Honglizhihui Group, and is in the process of acquiring  connected car technology assets.