LED package manufacturer Harvatek revenues is expected to drop during third quarter in 2014, due to adjustments in lighting OEM orders, according to a Money DJ report. However, the company is expected to see revenue growth next season. While further long term observations are required to determine the impact from Cree’s patent lawsuit.

An earlier report by Women Citizen projecting Apple’s smartphone dominance is to be challenged by Samsung’s AMOLED technology has been proven wrong by a recent Bloomberg report. Apple has no intention of being left behind by Samsung in the race of developing curved smartphones, according to the Bloomberg report. Citing an unnamed source familiar with the new project, the report noted Apple is developing a new generation of smartphones with curved glass and enhanced sensors.