Cree, a market leader in LED lighting, today announced revenue of US $388 million for its fourth quarter of fiscal 2016, ended June 26, 2016. This represents a 2% increase compared to revenue of $382 million reported for the fourth quarter of fiscal 2015, and a 6% increase compared to the third quarter of fiscal 2016. GAAP net loss for the fourth quarter was $11 million, or $0.11 per diluted share, compared to GAAP net loss of $88 million, or $0.83 per diluted share, for the fourth quarter of fiscal 2015. On a non-GAAP basis, net income for the fourth quarter of fiscal 2016 was $19 million, or $0.19 per diluted share, compared to non-GAAP net loss for the fourth quarter of fiscal 2015 of $21 million, or $0.19 per diluted share.

Global Clean Energy, GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.

Taiwan’s Ministry of Economic Affairs (MOEA) announced it will be supporting the development of OLED technology in Taiwan and will be investing NT $100 billion (about US $3.21 billion) to develop the technology, during a press conference to promote new display technologies in the country’s capital Taipei, stated the ministry.

HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.

China Electric and Philips Lighting launched a joint International Lighting Design Center in Taipei on Monday, stated Taiwanese LED luminaire manufacturer China Electric.

China Electric, a leading Taiwanese LED luminaire manufacturer and owner of lighting brand TOA, announced it won the bid for three large scale LED streetlight projects in Taiwan this year totaling NT $400 million (US $12.84 million).

 AquiSense Technologies, the world leader in UV-C LED disinfection systems, has been wholly acquired by Nikkiso America in a cash deal. With over a half century of product development, Nikkiso has provided original technologies to a range of industries, including medical, aviation, life sciences, and microelectronics. AquiSense and Nikkiso share a common goal of providing life-saving disinfection products employing UV-C LEDs. Nikkiso is a leading manufacturer of UV-C LEDs, utilizing core technology from Nobel Prize recipients. AquiSense is an award-winning manufacturer of water, air, and surface disinfection systems with UV-C LEDs at the core of each design.

Pixelligent Technologies, the leader in high-index advanced materials for Solid State Lighting and Display applications and producer of PixClear® products, announced that it closed US $10.4 million in new funding. The round was led by The Abell Foundation, The Bunting Family Office, and David Testa, the former Chief Investment Officer of T. Rowe Price. Funds will be used to complete the installation of additional manufacturing capacity, open new offices in Asia, and continue to drive innovation in lighting, display and optical applications.

Intertek, announces the expansion of the Lighting General Coverage Program to include a larger scope of LED products. The expansion gives manufacturers of lighting projects for the hospitality industry a product certification alternative for LED luminaires, resulting in a quicker, more efficient time to market for a wider variety of products. This marks the latest of several LED expansions the company has made, including the 2015 launch of its Class P program, which defines evaluation and testing guidelines for standardized LED driver constructions and ratings.

Outlook: Systematic pursuit of strategic reorientation and restructuring; no concrete forecasts for revenues and earnings For the Zumtobel Group, the 2015/16 financial year was characterized by fundamental strategic reorientation and restructuring. As the technology shift progresses, the Management Board is aiming to align the Group with new and innovative business models. In total, the lighting group generated the highest revenues in its history. Group EBIT, however, was still below expectations in the reporting year.

Top LED chip manufacturer Epistar’s shipment volume rose in second quarter, and the company revenue climbed up on the back of easing price falls, but still faces financial challenges ahead, reported Taiwanese media Money DJ.com.

The iPhone 7 and 7 Plus might feature a pressure-sensitive home button with haptic feedback, reported Bloomberg.

GE Lighting recently announced it will be closing two traditional lighting production plants in Lexington, Kentucky in U.S. by August 2017, reported Lexington KY News.

Shimla, a city located in Northern Indian state of Himachal Pradesh, will be replacing about 8,000 conventional streetlights with LEDs, reportedThe Times of India.

The National Electrical Manufacturers Association (NEMA) announced that ANSI Accredited Standards Committee C81 revised ANSI C81.61-2016 American National Standard for Electric Lamp Bases—Specifications for Bases (Caps) for Electric Lamps. This standard sets forth the specifications for bases (caps) used on electric lamps. This revision includes specifications for the G8 base.

GE Lighting is involved in the Olympic Games Rio that runs from Aug. 5-21, 2016, in ways more than just LED lighting installation projects. The company developed LED lights that can help monitor athletes performance.

Intense price competition in the blue LED market has urged Taiwanese manufacturers to transform their business models, among these include Arima Optoelectronics (Arima), which is one of the leading companies in the Greater China region to give up blue (InGaN) LEDs, reported UDN.

Leading Korean LED manufacturer Seoul Semiconductor and Lumens recently announced their separate new fab investment plans in Vietnam, reported Yonhap News Agency.

Major iPhone assembler Hon Hai Precision Industry, or also kn0own as Foxconn Technology Group announced the Chinese government finally gave it the green light to approve Japanese conglomerate Sharp for US $3.5 billion, reported Nikkei Asian Review.

Low power LED lights could raise Canadian snow crab catchability, according to a study presented by PHD candidate Khanh Nguyen at the fourth International Marine Conservation Congress, reported The Fish Site.

The Delhi Electricity Regulatory Commission (DERC) in India rejected a petition by the South Delhi Municipal Corporation (SDMC) requesting for reduction in energy charges payable by them to BSES Rajdhani, reported The Times of India.

Veeco Instruments announced that Epistar has ordered multiple TurboDisc® EPIK™700 Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems for the production of light emitting diodes (LEDs).  The Veeco systems will be used to meet demand for various applications.  

Chinese smartphone manufacturer Xiaomi is on Samsung Display’s OLED display waiting list that is running well into 2017, reported Korean media etnews.

On August 5, 2016, Shanghai Wellmax Lighting Industry’s (WELLMAX) Sales Manager Tony Song and Senior R&D Engineer Jianzhang Wang led a team to visit the DEKRA Testing & Certification Lab located at Jiangchang San Road, Shanghai, and carried out in-depth technical exchange with DEKRA representatives. The team visited the LED Technical Center and Mechanical Laboratory, the Performance and Efficiency Laboratory, and the Electrical Safety Laboratory, and was introduced to the EMC Test Room (for radiation, conduction and anti-interference), the Optical Testing Center (with light distribution test instrument), and many other experimental facilities and methods.

Nichia’s patent infringement suit filed against the world’s third largest TV vendor TCL Multimedia (TCL) and subsidiary TTE Technology (TTE) on Aug. 8, 2016, is a significant move to prevent unpatented Chinese LED chips from entering U.S., said LEDinside analysts.

On August 8, 2016, Nichia Corporation ("Nichia") filed two patent infringement lawsuitss against TTE Technology, a U.S. based LCD TV distributor, and TCL Multimedia Technology in two district courts in U.S.

Rubicon Technology, a provider of sapphire substrates and products to the LED, optical and semiconductor industries, reported financial results for its second quarter ended June 30, 2016.

Chinese LED manufacturers Leyard and MLS are both suspending trade on the Chinese bourse as the two companies undergo major investment and asset restructures.

JDI’s previous statement denying claims it sought aid from top shareholder INCJ was overturned on Tuesday.

Everlight stated in a press release that Taiwan’s Intellectual Property Office (TIPO) ruled Nichia’s white LED patent TW 383508 was invalid on July 28, 2016.