China-based LED company MLS recently announced the company had met its 2014 revenue target of RMB 4 billion, or 39.25% growth compared to the same period in 2013.

San’an Opto reported the company’s net profits soared during first quarter in 2015.

Cree, a market leader in LED lighting, announced revenue of US $409.5 million for its third quarter of fiscal 2015, ended March 29, 2015. This represents a 1% increase compared to revenue of $405.3 million reported for the third quarter of fiscal 2014.

Reinforcing the company’s commitment to providing innovative, quality LED lighting solutions, MaxLite has appointed Greg Galluccio, an executive with more than 30 years of electrical industry experience, as vice president of product management and engineering.

Royal Philips, the global leader in lighting, is the first lighting company to receive accreditation as an Energy Service Company (ESCO) in Dubai. The ESCO accreditation scheme was developed by the Regulatory and Supervisory Bureau (RSB) to regulate the ESCO market and provide cities with a broad range of energy solutions from design and implementation of energy-savings projects, to retrofitting, energy conservation, managing power generation and energy supply and outsourcing energy infrastructure. 

German lighting manufacturer Osram announced it will be spinning off its conventional lighting business and LED bulbs business recently.

German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company.

Lianovation will be issuing 64.9 million private shares to raise RMB 850 million (US $136.99 million) to expand business operations in infrared (IR) focal plane array chips and other sectors.

Taiwanese display manufacturer AUO has become Apple’s smartphone screen supplier for the upcoming iPhone 7c, reported UDN.

EU member states have recently voted in favor of pushing back halogen bans to 2018, as lobbyist argue LED alternatives are simply not ready to meet market demands yet, reported End Europe.

Apple recently has revealed on its website how LEDs funtion in the Apple Watch heart rate sensors.

Indian electric goods maker Havells has acquired a controlling 51% stake in LED and solar energy company Pompetec Renewable Energy Solutions, reported The Economic Times.

Veeco Instruments announced today that the University of Cambridge, one of the most highly regarded research universities in the world, has ordered thePropel™ Power Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for GaN-on-silicon (Si) power electronics and light emitting diode (LED) research and development.

LEDforum 2015 in Guangzhou, Guangdong Province, China is less than 60 days away! If the LED industry’s performance in 2014 was extraordinary, than 2015 will be glorious. LEDinside estimates that the global LED lighting market will reach $25.7 billion dollars and its market penetration will increase 31% in 2015, while the overall lighting market is projected to grow to $82.1 billion.

Most LED manufacturers were displaying UV or IR LED related applications at SPIE Photonics West, and many of these new applications covered LED chips, dies, package and other products.

Taiwan Lighting Fixture Export Association (TLFEA) has been promoting the inclusion of LED lighting products at World Trade Organization (WTO) Environmental Goods Agreement (EGA) negotiations, a UDN report cited the association chairman Steven Lin saying at a meeting.

Declining LED prices are driving more Filipino consumers to convert from conventional CFL lights to LEDs, reported BusinessWorld Online.

Kent, a city located in Washington State, U.S., will be spending US$ 2.6 million to retrofit 2,600 streetlights with LEDs, reported Kent Reporter.

TCP International Holdings announced that its product validation review is proceeding as expected.  The Company has completed testing on substantially all of its fastest moving SKUs.  For the remaining SKUs, TCP expects to complete validation shortly.  In addition, the Company affirmed that UL certified designs are available for all products and that products being shipped are UL certified.  

Two interesting market rumors about OLED applications have emerged this week, the first being OLED taillights developed by Osram might be mass produced for the upcoming BMW M2 in 2016. A Korean media report is also pointing to Apple’s introduction of OLED displays in next generation iPads to be released in 2017.

Lianovation recently announced its revenue was up 22.14% to RMB 1.96 billion (US $320 million) in 2014.

Japanese LED manufacturer Yokowo has launched Low Temperature Co-fired Ceramic (LTCC) Chip Scale Package (CSP) substrate to lower LED package costs, reported Nikkei recently.

Seeking Alpha, a U.S. financial content service provider, has recently revealed ForceField Energy, a LED installation and energy efficient lighting company engagement in misleading paid stock promotion.

OSRAM Licht AG recorded a continued positive operative earnings development in the second quarter of fiscal 2015. The adjusted EBITA of EUR151 million for the second quarter of fiscal 2015 was positively impacted by favorable currency relations. This results in an adjusted EBITA margin of 10.8%. Based on today’s consultations, the Management Board therefore expects an adjusted EBITA margin of above 9.0% for fiscal 2015.

Two years ago, Apple CEO Tim Cook deemed OLED screens color saturation as “awful,” and lauded Retina display resolution and color performance as far superior, but this all might be changing for the company’s future iPads.

San'an Optoelectronics announced that it  licensed the U.S. LED patents it recently acquired from a major Japanese company to its subsidiary, Luminus Devices.

Acuity Brands announced it has acquired for cash certain assets, including the patent portfolio and all other intellectual property rights, of ByteLight, a provider of indoor location software for LED lighting. The combination of ByteLight's technology with Acuity Brands' award-winning Visible Light Communication-enabled drivers and LED lighting platforms provides retailers with a method of delivering digital content to shoppers and associates within a retail store in an effort to increase customer loyalty and revenues while also reducing operating expenses.

Cities on both U.S. coasts will soon begin piloting new GE technology designed to help them become more intelligent and efficient. San Diego, California, and Jacksonville, Florida, will both be trialing a new GE LED solution, which uses LED street lighting installations to connect, collect and analyze data being generated, harnessing the power of the Industrial Internet to help their city run better while providing new services and conveniences for residents and visitors.

OLED taillights BMW showcased in its conceptual M4 car model at CES 2015 will be making its way to new BMW M series cars by 2016, according to latest market rumors.

STG Aerospace, a world leader in pioneering aircraft lighting technologies, has been awarded the contract to retrofit the DreamJet trading as La Compagnie Boeing 757-200 aircraft that has been configured to provide a transatlantic all-business class service. The aircraft will be equipped with STG Aerospace’s latest generation safTglo® SuperSeal UltraLite™ (SSUL) emergency floorpath marking system and liTeMood® LED cabin lighting system.  The installations will take place later this month.