On June 11, global automotive parts giant Marelli Group announced in an announcement that it had initiated U.S. Chapter 11 proceedings to strengthen financial position and facilitate a value-maximizing restructuring. According to the announcement, Marelli had reached a Restructuring Support Agreement (RSA) with approximately 80% of its lenders and secured a commitment of USD 1.1 billion in debtor-in-possession (DIP) financing to maintain operations. Additionally, Indian multinational auto parts manufacturer Samvardhana Motherson Group (SMRP BV) has submi...

As Samsung launches its latest foldables — the Galaxy Z Flip7 and Z Fold7— eyes are now turning to Apple’s first foldable iPhone. Samsung Display has reportedly secured a multi-year exclusive deal to supply foldable OLED panels for the device, set to debut in 2026, according to ETNews. The report suggests that Samsung Display is finalizing a dedicated production line at its A3 plant in Asan, South Chungcheong Province, to exclusively supply foldable OLEDs for Apple. The project, which began in late 2024, is now nearing completion, as pe...

The Looye Honeytomatoes in Looye Kwekers’ new 8.2-hectare greenhouse in Burgerveen have thrived in the first lighting season. According to Operations Director Annelies Looije, both production volumes and the flavor and fruit quality are at the level of a summer crop. The dimmable, color-adjustable Philips GreenPower toplighting force system with GrowWise control also proves its value in other areas, partly thanks to its high light intensity of up to 375 µmol/m2/sec PAR. The young plants of the Piccolo variety arrived in the brand new 8.2-hectare greenhous...

Samsung Electronics today announced a global partnership with Warner Bros. and DC Studios to celebrate the latest “Superman” film with a series of fan activations, Superman-themed video content and limited-edition digital artworks from DC Comics via Samsung Art Store. “Samsung is committed to creating a richer and more meaningful entertainment experience,” said Hun Lee, Executive Vice President of the Visual Display Business at Samsung Electronics. “Through collaborations with leading creative studios and artists, we continue to ...

Innoviz Technologies Ltd., a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today the shipment of the first InnovizTwo LiDAR units from Fabrinet's (NYSE: FN) high-volume production line. This marks a major milestone in Innoviz's journey to mass-produce its InnovizTwo LiDAR technology for the autonomous vehicle industry. The production ramp-up at Fabrinet's facility follows months of collaboration and extensive training, ensuring that all production procedures meet Innoviz's ri...

Hisense, a leading global brand in consumer electronics and home appliances, continues to showcase its cutting-edge display technology on the world’s biggest sports stages. During the FIFA Club World Cup 2025™, Hisense’s state-of-the-art screens are featured in the Video Assistant Referee (VAR) room at the International Broadcast Center (IBC), providing a stunningly sharp and immersive view of every match. The VAR system demands extremely high standards for display performance, including ultra-high resolution, color accuracy, and real-time res...

A poetic chronicle of 354 days, told through light and image, is unfolding in Madrid. At the heart of PHotoESPAÑA 2025—one of Europe’s premier festivals of photography and visual arts—the audiovisual installation “CHINA 354” has officially opened at the Instituto Cervantes, captivating visitors with an authentic, immersive portrayal of contemporary China. An Artist’s Vision, A Nation’s Journey Created by renowned Spanish filmmaker and experimental visual artist Luis Cuenca Castro, “CHINA 354&rdqu...

Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, partnered with longtime customer Park Outdoor to bring the first and only digital billboard to the Ithaca, New York, area. The new double-sided display is strategically positioned at a high-traffic intersection just outside the city, delivering more than 15,800 daily impressions and offering advertisers unmatched visibility and flexibility. “The location of the billboard is outstanding,” said Kerry Leipold, vice president of the Finger Lakes division of Park Outdoor Advertising, Ithaca, New Y...

FY2025 Operating Profit of $33 million; Adjusted Operating Profit of $50 million FQ4 Operating Loss of $2 million; Adjusted Operating Income of $6 million FQ4 Orders +29% Sequentially and +17% YoY; Year-end Product Backlog of $342 million up 8% FY2025 Operating Cash Flow +55% to $98 million; Year-end Cash Balance of $128 million Business and Digital Transformation on Track; Reconfirming Three Year Forward Objectives of 7-10% Sales Growth, 10-12% operating margin, 17-20% ROIC BROOKINGS, S.D., June 25, 2025 (GLOBE N...

Lumileds’ newest LUXEON 7070 HE delivers more than 1500 lumens and over 190 lm/W, simplifying the development of outdoor lighting applications that require very high light output levels, such as high-mast, high-bay, and flood lights. LUXEON 7070 HE is tested and specified at 8W and delivers 2500 lumens at its rated power of 15W. LUXEON 7070 HE is now an even more impressive choice due to its very low thermal resistance of 0.42 °C/W. Thermal resistance is a key contributor to efficient heat dissipation, improved performance, extended lifetime, and...

Cree Lighting, a leader in innovative LED lighting solutions, is pleased to announce an expansion in its available correlated color temperature options to include a new 1900K/50CRI (19K5) offering across a broad range of its popular outdoor lighting solutions. The 19K5 option was specifically developed to significantly reduce blue light emissions of outdoor lighting applications while still maintaining illumination and energy performance goals. With a correlated color temperature (CCT) of 1900K and color rendering index (CRI) of 50, the 19K5 option emits a warm, amb...

During ETQ’s customer conference, held June 16-19 in Las Vegas, Cree LED was named winner of the ETQ Innovation Excellence Awards. The Company was selected for its innovative use of ETQ Reliance® for quality-driven customer surveys and a custom quoting solution that streamlines the quoting process. The Innovation Excellence Award spotlights customer ingenuity in using the ETQ Reliance quality management system (QMS) in creative and innovative ways to address some of the most pressing challenges in quality management today. Cree LED...

Cellid Inc., a developer of displays and spatial recognition engines for next-generation AR glasses today announced the successful development of a micro projector for AR glasses capable of projecting AR images with a wide field of view (FOV) of 60°. This was previously considered difficult to achieve with conventional off-the-shelf products. Currently, the AR glasses market is in its early stages, with adoption driven by practical information display applications such as notifications, weather updates, translations, and integration with generative AI. In these use...

LG Electronics Inc. (LG) today announced its preliminary earnings results for the second-quarter of 2025, reporting a consolidated revenue of KRW 20.74 trillion and operating profit of KRW 639.1 billion. Both revenue and operating profit declined year-over-year. The slowdown reflects continued weakness in consumer sentiment across major markets and an increasingly challenging external environment. In particular, changes in U.S. trade policy led to higher tariff costs and intensified market competition, further weighing on performance. Despite an unfavorable busines...

In a dynamic world where technology and culture intersect, Unilumin continues to illuminate the path forward. The unveiling of its new showroom and service center in Tokyo signals more than just the expansion of physical presence—it’s a bold declaration of the brand’s commitment to local relevance with global excellence. Building a Localization-Driven Brand Ecosystem Japan has long stood as one of Unilumin’s most strategic markets. From delivering over 1,800 square meters of LED solutions at Expo Osaka 2025 to now planting deeper operational roo...

As TSMC doubles down on advanced node development to ride the AI wave, it’s steadily pulling back from legacy businesses. According to the Commercial Times, citing a press release from Navitas Semiconductor, TSMC will wind down its Gallium Nitride (GaN) wafer foundry services by July 31, 2027. Notably, ijiwei suggests that TSMC plans to repurpose its Hsinchu Fab 5, currently used for GaN, for advanced packaging starting July 1, 2025. By reusing existing cleanroom facilities, TSMC can accelerate expansion with minimal effort—a timely move ...

TCL CSOT announced via its official WeChat account that Xiaomi officially launched its second mass-produced electric vehicle, the YU7, during the “Xiaomi Human-Car-Home Full Ecosystem Launch Event” held on June 26 at 7:00 p.m. The vehicle features panoramic curved projection displays, HyperVision, and a 16.1-inch central control display—both exclusively supplied by CSOT. Specifically, CSOT customized an in-car display solution for YU7, which includes a 16.1-inch central control screen (developed in partnership with Desay SV) and t...

Hisense, a global leader in consumer electronics and the official partner and TV screen provider of the FIFA Club World Cup 2025™, unveiled its groundbreaking 116" UX TV in Dubai last weekend, with football legend Iker Casillas revealing the industry-first innovation in front of a cheering crowd at the Hisense Arena in Mall of the Emirates. The unveiling marked a defining moment for Hisense, showcasing its continued leadership in the premium TV category. The 116-inch RGB MiniLED TV features advanced RGB 3D colour control technology, allo...

Valeo, the leading innovation partner to global mobility players, proudly announces it has received the prestigious Best Supplier Award from the Volkswagen Group (VW) in the “Supplier Management” category. Valeo is one of only 10 companies worldwide to have received an award at the Volkswagen Group Supplier Management Conference. With this award, the Volkswagen Group highlights Valeo’s “exceptional achievements and innovative strength”. Valeo leverages its software and hardware expertise to offer an extensive range of innovations for elec...

Seoul Semiconductor Co., Ltd., the world’s No. 1 company in LED backlight, announced on July 2nd that its proprietary No-wire technology, WICOP, has been supplied to the automotive market in the form of Mini LED displays since May. As the world’s first No-wire LED technology, WICOP has already proven its performance across various applications—including smartphones, TVs, lighting, and automotive headlamps. Recognized for its superior brightness and durability even in extreme automotive environments, WICOP has now officially entered t...

LEDVANCE has set new benchmarks in brand leadership, taking home four prestigious awards at this year’s German Brand Awards. Marking its first major success at the renowned competition, LEDVANCE was recognized in the CATEGORIES SOCIAL MEDIA, BRAND STRATEGY OF THE YEAR, LIGHTING, and CORPORATE BRAND OF THE YEAR. In early 2024, LEDVANCE revealed its new brand core, “POWER THROUGH LIGHT”, with an emotional, cinematic image film and its first fully-digita...

Samsung Electronics Co., Ltd. today announced the availability of its latest Smart Monitor lineup in Australia, featuring the flagship Smart Monitor M9 (M90SF model) alongside updated Smart Monitor M8 (M80F) and Smart Monitor M7 (M70F) models. With the introduction of QD-OLED technology to the Smart Monitor M9 and Samsung Vision AI features across the lineup; the new Smart Monitor offerings provide personalised and connected screen experiences for work and entertainment. “The Smart Monitor series continues to evolve to meet the needs of A...

AEye, Inc., a global leader in adaptive, high-performance lidar solutions, today announced that its Apollo lidar units have been selected by a major transportation OEM, representing a potential revenue opportunity of $30 million or more anticipated over the next 24 to 36 months. The OEM selected AEye specifically for Apollo’s unmatched ability to detect objects at up to one kilometer, enabling faster hazard identification and response time. This selection marks a major milestone in advancing long-range safety systems for transportation applications where early object det...

The international automotive supplier FORVIA HELLA is intensifying its activities in the area of software-based business models and is advancing the development with a new company founded at the beginning of the year. HELLA Ignite GmbH ("Ignite by FORVIA HELLA") aims to accelerate the development of software-only products in a rapid and agile manner. In parallel with product development, Ignite by FORVIA HELLA is currently being gradually expanded; by the end of the year, the company is expected to consist of an internationally divers...

CarUX Holding Limited, a Tier 1 supplier focused on smart cockpit integrated solutions and a subsidiary of Innolux Corporation, has announced today (June 26) that it has signed definitive agreement with EQT, a global investment firm, to acquire 100% stake of Pioneer Corporation (“Pioneer”) at an equity value of 163.6 billion Japanese yen (approximately 33.7 billion New Taiwan dollars). Pioneer possesses comprehensive technical capabilities in the fields of automotive sound, multimedia systems, and human-machine interface (“HMI”) software developm...

Hesai Technology (NASDAQ: HSAI), a global leader in lidar solutions, announced that its ATX — a compact, high-resolution, long-range lidar — has obtained ISO 26262 ASIL B functional safety certification. Issued by SGS-TÜV, the world’s leading testing, inspection and certification institution, this achievement paves the way for large scale ADAS deployment while advancing safety and upholding the industry’s highest standards. Hesai’s other lidar products, Pandar128, QT128, and AT128, have all obtained ISO 26262 fu...

Everyone has creative potential and, colour is able to awaken that capability. These days, technology is not just about features or specifications; it’s also about unlocking experience and evoking powerful emotions. Samsung’s QLED displays are not just for watching – they are also for inspiration. The incredible QLED Quantum Dot technology now plays a crucial role in enhancing creativity by delivering vibrant, lifelike colours and exceptional picture quality. This kind of modernisation in Samsung QLED technology is not just about flexibility – b...

Brompton Technology has expanded its service network in East Asia through a strategic partnership with Ark Ventures, an LED systems integrator within the Symunity Group. This development enables Brompton's advanced Hydra measurement system to be available through local certified service partners in Japan and South Korea for the first time, following Ark Ventures’ successful partnership with ROE Visual. Brompton's Hydra calibration technology now provides regional clients with premium recalibration services, eliminating the logistical challenges an...

With its first in-house 3nm chip, XRING O1, grabbing world’s attention in May, Xiaomi seems ready to impress the market again. According to Wccftech, Xiaomi may have already started developing the XRING O2, with its trademark recently filed. According to leakers cited by Wccftech, the XRING O2 trademark was spotted on China’s TianYanCha platform, alongside other trademarks like XRING T1 (featured in the Xiaomi Watch S4) and XRING 0. Among them, the XRING O2 draws the most attention as the likely successor to XRING O...

Vuzix® Corporation, a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that the Company and Sphere Technology Holdings ("Sphere"), a leading spatial intelligence company, have collaborated to make Sphere's platform available on Vuzix M400 and M4000 AR smart glasses. This collaboration brings Sphere's advanced combination of Mixed Reality (MR) and Artificial Intelligence (AI) to digitally connected frontline workers, enabling hands-free workflows, real-time decision-making, and ...