2023-11-03

Rebound in Mini LED Product Shipments to 13.79 Million Units in 2024, Continued Growth Expected Until 2027, Says TrendForce

TrendForce's "2024 New Mini LED BLU Display Trend Analysis" report reveals that due to declining demand in consumer electronics, shipments of Mini LED products are expected to decrease to 13.337 million units in 2023. However, the market is projected to rebound in 2024, with shipments estimated at 13.792 million units, and the growth trend is expected to continue through 2027. This decline is part of a larger trend of decreasing prices for Mini LED products, setting the stage for sustained growth in shipments. The report predicts that by 2027, shipments ...
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2023-11-03

Fluence and Cannabis Business Times’ Annual “State of the Cannabis Lighting Market” Report Reinforces Dominant Adoption of LEDs, Positive Impact on Yields

Eighth-annual “State of the Cannabis Lighting Market” report highlights the sustained high rate of LED adoption among commercial cannabis growers AUSTIN, Texas & ROTTERDAM, Netherlands (Nov. 2, 2023)—Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, announced today the eighth-annual “State of the Cannabis Lighting Market” report. The report is developed collaboratively with and distributed by Cannabis Business Times, a national publication foc...
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2023-11-02

ams OSRAM signs close to EUR 450 million of infrastructure related asset transactions as part of its recently presented financing plan

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange ------------------------------------------------------- ams OSRAM signs close to EUR 450 million of infrastructure related asset transactions as part of its recently presented financing plan The main transaction relates to a Sale and Leaseback of its new Kulim 8-inch facility with expected proceeds of around EUR 400 million and excludes the manufacturing equipment. Investment partners are three of Malaysia’s largest and most recognized investment companies. Sale of...
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2023-11-02

[ViewFinity S9 Story] RABBIT WALKS Pushes Boundaries of Picture Quality Demo Content Creation

The “crown jewel” of ultra-high-definition content is video. It’s not just about sharp, vibrant image quality; it’s also about elaborate frame-by-frame and pixel-by-pixel work. In a single video, you can see the creator’s careful balancing of contrast and color, as well as the aesthetics that go into every little detail. This is especially true for “picture quality demo” videos, which showcase the display’s full specs, capabilities and their potentials. When creating a picture quality demo video, it’s all about the details. This ...
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2023-11-02

TCL's Partnership with Leading European Sport Teams Solidifies Commitment to Deliver Premium Sports Viewing

Official sponsor of several of Europe's national teams, TCL ensures sports fans experience every action-packed moment with the latest large screen QD-Mini LED TVs PARIS, Nov. 1, 2023 /PRNewswire/ -- TCL Electronics (1070.HK), a leading consumer electronics brand and the world's top two TV brands, has been ensuring homes across Europe have access to top quality spectating during October, an extremely busy month for European sports. With nail-biting qualifiers for major football games and the biggest global rugby event on the calendar, sports lovers...
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2023-11-02

ams OSRAM announces Q3 profitability at upper end of the guidance, revenue above mid-point and re-confirms mid-term target financial model on the back of strong automotive design-wins

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange ------------------------------------------------------- ams OSRAM announces Q3 profitability at upper end of the guidance, revenue above mid-point and re-confirms mid-term target financial model on the back of strong automotive design-wins Q3: adj. EBIT margin of 7.9% at upper end of the guidance Q3: revenues of EUR 904 million above midpoint of the guidance Q4: expected fourth quarter revenues of EUR 850 to 950 million with adj. EBIT margin of 5-8% Mid-term target...
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2023-11-02

HC SemiTek to Change Its Name

On the evening of October 27, HC SemiTek announced a corporate name change to BOE HC SemiTek Corporation, with the securities code and ticker symbol remaining unchanged. On November 4, 2022, HC SemiTek and BOE signed a subscription agreement, in which BOE plans to spend RMB 2,083,597,236 in cash to acquire 372,070,935 shares issued to specific offerees from HC SemiTek. Following the issuance, BOE will hold a 23.08% stake in HC SemiTek and 26.60% voting rights. On June 29, 2023, the application for stock issuance was approved by the China S...
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2023-11-01

Korea Photonics Technology Research Institute makes new progress in Micro LED luminous efficiency

On October 17, Korean media reported that the Korea Photonics Technology Institute (KOPTI) announced the successful development of highly efficient and fine Micro LEDs. The internal quantum efficiency of Micro LEDs can be maintained within 90% and is not affected by chip size and different injections. Effect of current density. This Micro LED was jointly developed by the team of Dr. Jong hyup Baek of the Optical Semiconductor Display Research Department, the ZOGAN Semi team led by Dr. Woong ryeol Ryu, and Professor Jong in Shim of the Depa...
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2023-11-01

AUO Signs NT$ 700 Million Contract with PlayNitride for Micro LED Production Line Construction

AU Optronics (AUO) held a board meeting today (31st) and announced its decision to enter into a production line construction contract with PlayNitride Display Technology, a related party. The contract aims to facilitate the building of 6-inch Micro LED chips at AUO’s Longtan factory, specifically the Carrier production line (COC). The contract, valued at NT$700 million, includes a comprehensive Turnkey Solution. In the Micro LED production process, the COC production line plays a crucial role, as emphasized by AUO. In light of this, PlayNitride, a lea...
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2023-11-01

Lumileds Adds LED Pod Lights to Philips Ultinon Drive 5000 Series of Off-Road Auxiliary Lighting

Las Vegas, NV October 31, 2023– Lumileds, a leading lighting solutions company, has added to the Philips Ultinon Drive 5000 Series of LED auxiliary lighting with five new LED pod lights. The new lights include a 3” cube spotlight, a 3” driving light, and a 3” flood light, as well as a 4” round flood light and a 7” round light with a combination driving/flood beam pattern. All the new Ultinon Drive LED Pod Lights feature LED heat sinks, stainless steel brackets, and Lexan® light covers. Off-road ready Philips Ult...
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2023-10-31

Seoul Semiconductor Secures MicroLED Patent Deal with Silicon Core for Virtual Production

Seoul Semiconductor has signed a MicroLED patent license agreement with SiliconCore of the United States, strengthening its position in virtual production applications using MicroLED displays. The deal, signed in September but recently brought to light by The Elec, provides Seoul Semiconductor access to 36 Silicon Core patents related to MicroLED technology. While not an exclusive agreement, this allows Seoul Semiconductor to leverage Silicon Core’s intellectual property as it explores opportunities in LED-enabled virtual production. At Display...
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2023-10-31

PNB, EPF & KWAP invest RM2bil in ams-Osram semiconductor ops in Malaysia

Permodalan Nasional Bhd (PNB), the Employees Provident Fund (EPF), and the Retirement Fund Inc (KWAP) are investing RM2 billion in ams-Osram AG’s Malaysian semiconductor operation. KUALA LUMPUR: Permodalan Nasional Bhd (PNB), the Employees Provident Fund (EPF), and the Retirement Fund Inc (KWAP) are investing RM2 billion in ams-Osram AG's Malaysian semiconductor operation. PNB, EPF and KWAP announced today that they had signed a RM2 billion sale and leaseback transaction agreement with Osram Opto Sem...
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2023-10-31

Car makers to use intelligent ambient lighting to create new functions – and a new feeling – inside the cabin

Cars are becoming ever more intelligent devices. Equipped with multiple arrays of sensors, and featuring advanced processors and AI software that can ‘think’ like a driver, tomorrow’s car will manage driving and other operations in response to cues from its environment, while providing more choices of information, entertainment and communication to all the occupants. The increasing sophistication of a vehicle’s technology is prompting manufacturers to rethink the form and function of the cabin. Inside the vehicle, there is intelligence everywhere: in new, lar...
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2023-10-30

Mojo Vision Closes Successful New Series A Funding Round with $43.5M to Drive Micro-LED Development and Commercialization

SARATOGA, Calif.--(BUSINESS WIRE)--Mojo Vision, the high-performance micro-LED company, today announced a final close of its $43.5 million new Series A investment round to advance its micro-LED display technology across applications and bring it to commercialization. The funding round is led by long-time investors New Enterprise Associates (NEA) and Khosla Ventures, and new investor Vanedge Capital, with participation from Shanda Grab Ventures, Dolby Family Ventures, Advantech Capital, Liberty Global Ventures, Drew Perkins, Fusion Fund...
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2023-10-30

Silanna UV to Demo Innovative UV-C LED Water Quality Sensors at AQUATECH 2023

Detects Nitrates and Organics Rapidly – Environmentally Safe, Low Power, and Long Lifetime BRISBANE, Australia, Oct. 19, 2023 /PRNewswire/ -- Silanna UV will demonstrate innovative new technology for detection of nitrates and organic compounds in water at AQUATECH Amsterdam from November 6 to 9, 2023. Contamination of water by nitrates and organic compounds is a growing problem, and regulations to protect the public from this threat are increasingly stringent. Silanna UV at AQUATECH Amsterdam 2023 At AQUATECH, Silan...
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2023-10-30

RayNeo Introduces Full-color 3D Display Smart Glasses Powered by Snapdragon AR1 at Snapdragon Summit 2023

The RayNeo X2 Lite smart glasses harness cutting-edge binocular full-color MicroLED displays, boasting exceptional visual qualities, smart AR features and an industry-leading ultra-light weight. Powered by the latest Snapdragon AR1 Gen 1 Platform, the smart glasses offer innovative AI-backed live translation, smart assistant, 3D navigation, and HD camera features. The RayNeo X2 Lite is expected to be released in Q3 2024. MAUI, Hawaii, Oct. 25, 2023 /PRNewswire/ -- RayNeo™, an industry leader in consumer-grade augmented reality (AR) innovation...
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2023-10-30

Ledman collaborates with WG TECH to launch the world’s first PM Glass Substrate Micro LED display screen

On October 26th, 2023, the 6th China (International) Micro LED Display Summit Forum was held in Xinyu, Jiangxi Province. Martin Lee, Chairman and President of Ledman Brothers Optoelectronics, delivered a brilliant speech on the theme of “Progress of PM Glass Substrate Micro LED display technology” at the meeting, and announced that its Micro LED display technology research and development has made another major breakthrough, Together with WG TECH Optoelectronics, they officially launched the world’s first PM Glass Substrate Mic...
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2023-10-30

Signify wins Prototype Phase of U.S. Department of Energy’s prestigious L-Prize competition

L-Prize competition created to spur the development of the future of illumination in commercial buildings Innovative, modular luminaire delivers energy efficiency and light quality through flexible, circular design and sustainable materials Next-generation Interact connected lighting system provides businesses with tools to realize deeper energy savings, reduce operational expenses and enhance the occupant experience Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it is a winner of the Prototyp...
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2023-10-27

Signify reports third quarter sales of EUR 1.6 billion, operational profitability of 10.7% and a free cash flow of EUR 152 million

Third quarter 2023 [1] Signify's installed base of connected light points increased from 119 million in Q2 23 to 121 million in Q3 23 Reached the 2025 target for circular revenues in Brighter Lives, Better World 2025 sustainability program Sales of EUR 1,649 million; nominal sales decline of -13.8% and CSG of -7.8% LED-based sales represented 85% of total sales (Q3 22: 83%) Adj. EBITA margin of 10.7% (Q3 22: 10.4%) Net income of EUR 83 million (Q3 22: EUR 112 million) Free cash flow of EUR 152 million (Q3 22: EUR 135...
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2023-10-27

Philips Horticulture LED partners up with Houweling Americas

Philips Horticulture LED Solutions has signed a partnership with Houweling Americas. As a certified Philips LED horticulture partner, Houweling Americas will offer only the Philips LED lighting portfolio of greenhouse lighting solutions to Canadian growers. Houweling Americas is a division of the Houweling Group, a family-owned company based in the Netherlands and founded in 1925. With offices in Western and Central Canada and a diverse product range that includes greenhouse hygiene, water treatment, coir substrates, nutrients, and LED lighting, Houwelin...
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2023-10-27

Dazzle Your Guests with Immersive Visuals from LG MAGNIT Micro LED

(LG Business Solutions) How is the hospitality industry meeting guests’ increased expectations? Hotels are more than a place to stay, they are a home away from home. Nowadays, travelers of both business and pleasure expect superior hotel customer experience when they set off for adventure. Guests want to be entertained and seek an elevated experience. And the competition is fierce. Hotels around the world are constantly evolving and updating their customer experience in hopes of improving and upgrading their current offering. But how can these hotels gain a competitiv...
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2023-10-27

Microsoft Patents New MicroLED Display for HoloLens 2 Successor

A news report has found Microsoft is innovating its display technologies to reinvigorate its spatial communications devices Microsoft has reportedly filed a new patent to develop a microLED display solution to enhance virtual, augmented, and mixed reality (VR/AR/MR) experiences. Microsoft’s latest patent aims to improve functionality for devices like its HoloLens 2 and others, indicating a potential revival of its research and development (R&D) push, a report from MS Power User revealed. In it, Microsoft filed the display technology patent, which c...
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2023-10-27

MEAN WELL Showcased the New XLN and XLC LED Drivers at Hong Kong International Lighting Fair 2023, Emphasizing “Healthy Lighting Matters, While Smart Dimming Is Only the Basic”

MEAN WELL, a globally leading brand of standard power supply products, is driving product upgrades and providing a variety of products to meet customer needs. This year, MEAN WELL is launching new lineups at the Hong Kong International Lighting Fair, showcasing the XLN series and the XLC series Compact Size LED Drivers . These products are expected to debut in November, offering new choices for digital lighting and smart lighting control.   The XLN and XLC series are "sibling series," with the former using an outlet wiring metho...
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2023-10-26

Ledman UHD Large Screen Escorts the Upcoming Hangzhou Asian Games

To hail the highly anticipated 19th Asian Games, Ledman, provider of power support front headquarters large screens for Asian Games, together with the front headquarters, is well prepared for the upcoming Asian Games. The 19th Asian Games The 19th Asian Games, or “19th Asian Games Hangzhou 2022”, marks the third Asian highest international multi-sport event hosted by China, following 1990 Beijing Asian Games and 2010 Guangzhou Asian Games. This Asian Games will be the largest one with the most items and most extensive coverage in the history o...
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2023-10-26

Absen’s Autumn Update with AbsenLive Welcomes Guests from Around the World

The Absen and AbsenLive Autumn Event, with its theme of Live & Love together, saw visitors in attendance from across the world. The AbsenLive brand were honoured to present an abundant schedule of fine hospitality with interesting new milestones to behold, for the guests who travelled from across the country as well as from international destinations. Kicking off a loaded agenda attendees were taken on a fascinating tour around the Absen Dongjiang Intelligent Manufacturing Centre, which unveiled the exciting second phase of Absen’s factory completion and the ne...
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2023-10-26

New addition to the LED retrofit lamps: ams OSRAM launches the OSRAM NIGHT BREAKER® H1-LED

ams OSRAM launches its first street-approved¹ LED retrofit lamp for H1 sockets. The OSRAM NIGHT BREAKER® H1-LED enables low-beam and highbeam headlights to be upgraded to state-of-the-art LED technology. This launch means that 19 more models from various manufacturers can benefit from the OSRAM NIGHT BREAKER® family. Premstätten, Austria and Munich, Germany (25 October 2023) – ams OSRAM, the market leader in automotive lighting, is expanding its renowned series of LED retrofit l...
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2023-10-25

Airport Finishes LED Lighting Project

New LED lights provide better illumination and will cut costs in half for airport. Milwaukee Mitchell International Airport. Image from the airport. The lights at Milwaukee Mitchell International Airport have been shining a little brighter lately. That’s because the airport recently finished replacing a significant amount of lighting at the facility with new LED bulbs. What’s more, airport officials expect this lighting switch will save money. The airport expects to save approximately 50% on energy costs for lighting, thanks to the new bulbs. This ...
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2023-10-25

I tested Sony’s X90L, and this 4K LED TV matches its mini-LED competition in 3 surprising ways

Sony's mid-range LED TV punches above its class (Image credit: Future/TechRadar) Sony’s X90L is the company’s mid-range LED-backlit TV for 2023, succeeding last year’s Sony X90K. In the Sony TV lineup, it slots in between the X77L and the X93L, a series with a mini-LED backlight. Two distinguishing X90L features are a full-array LED backlight with local dimming, something the cheaper X77L series lacks, and a 98-inch size option, which is the largest screen currently offered by Sony. While most LED models on our best ...
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2023-10-25

Continental uses micro-LED tech for dynamic near-field projections to enhance safety

A large number of people are injured by cars turning and backing up; dynamic near-field projections with new micro-LED technology helps ensure greater safety near and around vehicles. Dynamic near-field projections at the rear of the vehicle improve safety for vulnerable road users Another application: Personalised welcome messages for greater convenience,   Continental has developed a new system for generating dynamic projections near a vehicle. A compact, powerful projection module based on micro-LEDs provides for increased safety in the immediate vicinity of a...
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2023-10-25

Fluence LEDs Help Organic Grower Flora & Flame Realize Better Yields, Higher-Quality Cannabis

An operation with sustainability at its core, Flora & Flame chose Fluence fixtures for their energy efficiency and the consistent bud quality they help create AUSTIN, Texas (Oct. 19, 2023)—Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, announced today the results of its partnership with Oakland, California-based cannabis cultivator Flora & Flame, which has increased yields by 50%, improved bud quality and reduced cycle times with Fluence’s LED fixtures. Flora & ...
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Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE