Molecular Glasses, a division of Molaire Consulting LLC has filed for patent protection for its new class of organic semiconductor materials for OLED and other organic electronic applications.

Advantek announced they have acquired all the assets of Tempo Electronics and the Surftape® product line. Effective immediately Advantek will be offering Surftape® through its extensive global sales organization.

Wrapping up this week’s top news, Samsung might be closing down its LED luminaire business soon, according to a Yonhap report. A bankrupt LED manufacturer’s suicide once again highlights bad financial practices in China’s LED industry that are hurting SMEs. Philips focus onto health applications becomes more evident with the launch of a wearable blue LED light therapy device to treat skin disease. LEDinside’s Senior Analyst Figo Wang gives an in-depth six point analysis on Philips recent business restructure. For more please see below:

The iPhone 6 might not come with sapphire glass cover, but the Apple Watch will, according to MyDrivers.com. Just how much is this tiny piece of glass worth?

Unable to pay back creditors, a bankrupt decorative luminaire manufacturer from Henglan Town in Zhongshan City, Guangdong Province, China chose to end his life by jumping off a building. Videos of the manufacturer leaping to his death have been widely circulated on the Internet. Rumors surfaced that the company declared insolvency after receiving a bad check for several hundred thousand Chinese Yuan. The information has not been confirmed, though.

Korean electronics conglomerate Samsung Electronics intends to close down its LED luminaire business, according to a report by Korean media Yonhap Infomax.

Effective October 1, 2014 Jan-Peter Schwartz will assume responsibility as Head of worldwide External and Internal Communications and as Chief Sustainability Officer at Osram. In this function he will report to Wolfgang Dehen, Chief Executive Officer of Osram.

Inspired by a desire to help wounded soldiers, an international, multidisciplinary team of researchers led by Assistant Professor Conor Evans at the Wellman Center for Photomedicine of Massachusetts General Hospital (MGH) and Harvard Medical School (HMS) has created a paint-on, see-through, “smart” bandage that glows to indicate a wound’s tissue oxygenation concentration. Because oxygen plays a critical role in healing, mapping these levels in severe wounds and burns can help to significantly improve the success of surgeries to restore limbs and physical functions.

Noribachi, a leading U.S.-based custom LED manufacturer for high output commercial and industrial solutions, is proud to announce the launch of its 3-tiered binning solution that delivers more light engine customization.

Lattice Power, the first company to commercialize high performance, low cost GaN-on-Silicon LEDs, announced today that its new PAR38 LED lamp has been recognized by the Illuminating Engineering Society Progress Committee as providing an important advancement in lighting. The company's new proprietary GaN-on-Silicon LED PAR38 LED lamp delivers outstanding efficacy, superior brightness and excellent color rendering.

Chinese LED manufacturers scaled up production again, according to a Liberty Times report. German MOCVD manufacturer Aixtron announced it received 50 MOCVD orders from major Chinese LED chip maker San’an Opto. The new equipment will be shipped and installed by fourth quarter 2014. The rebounding LED industry will be impacted if San’an Opto continues to expand production capacity.

Honglitronic announced the company’s application for RMB 4 million subsidiary for “new LED lighting component R&D and commercialization” was approved by Ministry of Industry and Information Technology (MIIT) of the People’s Republic of China.

Chinese LED manufacturer Nationstar announced a new round of financing on Sept. 29, 2014 to fund the production expansion for small pitch LED display and outdoor LED display components, according to China Securities Network. After the financing, the company will become a subsidiary of Chinese state-owned Guangdong Guangye Assets Management.

The global lighting market value approximated US $11.16 billion in 2013, and is estimated to grow 4 percent to US $11.62 billion this year, according to statistics compiled by Taiwan’s Photonics Industry and Technology Association (PIDA). Although, the lighting market still mainly consists of fluorescent lamps, incandescent bulbs, and other types of light sources such as halogen lamps; LED lights have become a major market growth driver.

Here at Valuelights we all knew LED lighting was awesome but we didn’t realise how much they had been snapped up in the media, hitting the big screens of Hollywood for their chance to shine with the stars. We’ve compiled the top 10 moments LED has gained its 15 minutes of fame, and schmoozed with the rich and famous.

Thailand is emerging as a lucrative export market for LED manufacturers, according to a latest report from Guangdong Science and Technology News.

NVC Lighting announced the company froze second largest shareholder former CEO Wu Changjiang’s shares in the company, according to a Securities Times report. Wu has a total of 130 million company shares, which is worth about RMB 1.06 billion based on the company stock value of RMB 8.15 as of Sept. 29, 2014.

“LED industry inventory level adjustments hit a peak in July,” a cnYes.com report quoted Epistar Chairman B.J. Lee. Market insiders’ project LED lighting PSS manufacturers Crystalwise Technology, Rigidtech and Aceplux Optotech. The market projects revenues in September and October will be unable to keep up high growth, and the market will be stagnant in third quarter.

MechaTronix, with its headquarter in Kaohsiung Taiwan, and Seoul Semiconductor, the world’s fourth biggest manufacturer of LED components, have drafted a cooperation on the design, production and worldwide distribution of standard LED coolers.Seoul’s new ZC series Chip-on-board (COB) LED arrays deliver a system level performance of 700 lumens to over 6,000 lumens. MechaTronix has developed a wide range of standard pin fin and star shaped passive LED coolers which thermally and mechanically match with all variations of Seoul’s ZC COB’s. 

The Intellectual Property & Science business of Thomson Reuters, the world leader in intelligent information for businesses and professionals, announced its 2014 “Nobel-class” Citation Laureates today. Having accurately forecast 35 Nobel Prize winners since its inception in 2002, the annual Thomson Reuters Citation Laureates study mines scientific research citations to identify the most influential researchers in the fields of chemistry, physics, medicine and economics.

Ford Motor Company is investing in the future as it begins installing LED lighting at manufacturing facilities across the globe. The new lights, valued at more than US $25 million, will save energy and money while improving safety and lighting quality.

Royal Philips, the global leader in lighting, today announced that after flattening the light bulb with Philips SlimStyle, the company has flattened the downlight with the introduction of the Philips SlimSurface LED family of downlights. Providing the illusion of recessed downlighting, but with just a 5/8” surface mount design that is nearly flush with the ceiling, SlimSurface allows lighting to be installed in locations where wall and ceiling clearance can be an issue, such as basements.

The clinical study of the iGrow® Hair Growth System titled “The growth of human scalp hair in females using visible red light laser and LED sources” is featured in the October 2014 issue of Lasers in Surgery and Medicine, considered the gold standard journal on laser-based technology. The study, led by Raymond J. Lanzafame, M.D., M.B.A., F.A.C.S., a board-certified surgeon and expert in laser applications and laser research, demonstrated the clinical efficacy and safety of the iGrow Hair Growth System’s low-level laser therapy (LLLT) to promote hair growth in women.

On April 15, 2013,Guangdong Semiconductor Lighting Industry Association released “Guangdong LED Benchmark System Recommend Products List (LED indoor lighting) SN2013040”，which covers four general categories: LED bulb, LED tubes, LED downlight, LED spotlight. Spark Optoelectronics was successful to be selectedinto this recommend list.

AgiLight, a leading manufacturer and marketer of high performing LED (light emitting diode) sign lighting solutions has signed a distribution agreement with Europe’s leading lighting solutions provider, Vink Lighting Solutions. According to the agreement, Vink will represent AgiLight’s complete lines of PRO Series, SignRayz®, BoxRayz® sign lighting products and LED Power Supplies.

Korean LED lighting industry characteristics can be summarized in two words, innovative and sustainable, said Guoqing Tang, President, LED Business Unit, Samsung, China, according to hqlednews.com. China’s LED lighting business development can be represented by three words: large scale, pragmatic, and herd mentality.  

Under the LED industry’s new restructure trend, statistics compiled by LEDinside found there has been at least 25 mergers in the Chinese market in 2014. Company leaders are greeting each other with “have you merged yet?” or “how is the acquisition negotiations going?” Companies that are missing out on the acquisitions have lost their excellent quality standard.

Veeco Instruments announced today that Epistar Corporation (TSE:2448) has successfully evaluated and accepted the new TurboDisc® EPIK700™ Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) system for the production of LEDs.

In this latest blog entry by Philips Lauren Spinella, LED devices take on the task of aiding the visually impaired.

Veteran franchise executive, Marc Plaisted, joins LED Source® (www.LEDsource.com), the leading North American LED lighting solutions provider specializing in architectural, entertainment and retrofit applications, as Vice President of Franchise Operations, a newly created position.(www.linkedin.com/in/marcplaisted)