In an exclusive interview with LEDinside, MLS General Manager Lawrence Lin discussed in-depth the company’s ongoing talks with German LED company Osram to acquire its lighting business at Taipei Building Show organized by Dollar International Industry earlier today.

Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information  Group, marking Walsin’s exit from the LED industry, according to a report from China Times.

After Epistar and FOREPI’s merger earlier this month, Everlight is also showing a rarely ambitious side, according to a China Post report. The company has decided to expand capital expenditure (CapEx) from less than NT $ 1.0 billion (US $ 30 million) to NT $1.5 billion to NT $ 1.7 billion. The move highlights the LED industry’s high growth.

3M has invested in MSi Lighting of Boca Raton, Florida, a company that 3M has been working with for the past year on a line of LED lights for multiple applications. Terms of the transaction were not disclosed.