Recently, Luminus Devices and Everlight have each announced that their LEDs are powering new types of projectors. Luminus LEDs used in Samsung, LG projectors, Everlight starts shipping LEDs for micro projectors.

It’s reported that LG Display, the world's No. 2 supplier of LCD panels, will build a joint venture with Nasdaq-listed Cree in LED packaging in Nanjing, China. LG Display is able to cut costs in LED lighting business amid growing demand for the component in notebooks and television sets, adding the company could avoid possible patent infringement troubles if the plan is realized. It's a win-win strategy.