Innolux announces January 2018 consolidated revenues and unaudited net income for 2017.

Seoul Semiconductor announced 2017 fiscal year consolidated revenues of US$ 1.04 billion. The 16% rise in consolidated revenues far exceeds the industry average, which grew 2% during the same period. The growth of revenue is contributed to improvements in both general lighting sales and IT product related sales growing in the mid-teens as well as the automotive lighting business which grew more than 20%.

LEDinside estimated that the LED lighting market scale in 2017 in Vietnam reached USD 420 million at the annual growth rate of 20.6%. The Vietnam smart lighting market is expected to reach about USD 18 million in 2017, will exceed USD 60 million by 2020. LEDinside has made the summaries on each chapter of the report to show the whole picture of Vietnam lighting market.

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2017 Chinese Automotive Lighting Market Report, the conventional passenger car in 2016 in China hit 22.50 million cars and by 2017 the number is expected to have reached 23.80 million with a hike of 5.8% YoY. The market was mainly under the control of joint ventures before 2016, whereas after 2016 the sales of domestic automobile brands rose annually when Chinese automakers advanced their production quality. The passenger car market is anticipated to increase with more and more ...

- First-quarter revenue rises almost 8 percent on a comparable basis  - Adjusted EBITDA margin at 18.0 percent  - Osram confirms outlook for fiscal 2017

The U.S. Department of Energy Office of Science has awarded four Small Business Innovation Research (SBIR) and one Small Business Technology Transfer (STTR) grants for projects targeting critical advances in solid-state lighting (SSL) technology. The five Phase I Release 1 grants will explore the technical merit and commercial potential of different innovative concepts or technologies that are expected to contribute to the achievement of the price and performance goals described in DOE’s SSL R&D Plan. 

Asia’s major electronic trade show Nepcon Japan 2017 demonstrated diverse cutting-edge technologies concerning lighting, robotics, and automotive application, which communicated future trends to the world. LEDinside had an exclusive interview with Reed Japan, the event organizer; and would like to disclose some incisive and valuable insights from Yuhi Maenozo, the Director of Reed Japan Show, and the Media Organizer Yuki Omichi.

Aware of that the automotive industry has been heeding self-driving technology and the concept of new energy vehicles, LEDinside would like to look into the automotive optical solutions and sensor applications with the introduction of LED technology, including automotive LED lighting, optical components, and optical measuring techniques that support ADAS (Advanced Driver Assistance Systems).

LED Taiwan exhibits full arrays of LED components, packages, modules, manufacturing and testing equipment, materials, driver ICs, sapphire substrates, manufacturing technologies and applications and solutions. LED Taiwan organizes forums and seminars on popular topics, which provide not only information exchange but also business opportunities for professionals. LED Taiwan, an invaluable platform for business development, is one must-attend event of the year!

According to the latest ‘ 2017 Global Sapphire and LED Chip Market Report by LEDinside, a division of the global market research firm TrendForce, LED chip market value was USD 6,329 million in 2015, while it grew by 3% to USD 6,502 million in 2016. Since the second half of 2016, Chinese LED packaging manufacturers have scaled up rapidly, targeting applications expected to prevail in the market for the next three years, including general lighting, automotive lighting, and display application. That further fosters Tier 1 Chinese LED chip manufacturers to volume up their productivity.

The trucks in Stacey Nelson’s fleet rarely get the luxury of driving on clean roads under sunny skies. Black Hills Energy crews are tasked with keeping natural gas and electrical services running for 1.2 million customers across eight states. Their efforts are critical to keeping people warm in their homes in the most extreme weather conditions, and their requirements for a vehicle equipped to handle the rigors of 24/7 work are unique.

The value of the global LED market is estimated to grow 3.4% annually to US$14.8 billion in 2016, according to LEDinside, a division of TrendForce. The LED industry will again be under tremendous competitive pressure in 2017, and participants will need to accelerate their entries into more profitable niche markets such as fine-pitch LED displays, UV LEDs and IR LEDs. LEDinside forecasts that the value of the global LED market will total US$15.4 billion, up 4% from 2016.

Japanese consumer electronic giant Sony will be launching two new OLED TVs by 2017, reported Forbes.

LG Electronics announced it will be launching a quantum dot TV, along with its lineup of OLED TVs by 2017, reported The Korean Herald.

LG Display announced it will initiate mass production of plastic OLED (POLED) panels in the first half of 2017, reported Korea Times.