Highlights this week:
- This week Philips and Osram both announced their revenues for 2Q15. While both companies reported growth in the LED segment (Philips 21%, Osram , traditional lighting businesses have declined for both companies (Philips declined 16%, . Philips financial report also reflects a more pessimistic global economic outlook, with sales in China dropping.
- LED industry market trends are transforming from price wars to patent wars, according to Chinese media Money Weekly analyses.
- Among important industry acquistions, LED display manufacturer Ledman is spending EUR 25 million to acquire global leading sports media company Infront Sports and Media.
Editor Recommendations
- LEDinside Lighting and Backlight Market Summaries in 3Q15
- LED Industry Turns to Patent Wars
- Apple’s Micro-LED Display Could Replace OLED Screens in Wearable Devices
- Sapphire Screens Usage in iPhone 6S Unconfirmed
- Philips Reports 3% Decline in Lighting Revenue in 2Q15, Sales Getting Tougher in China
- Osram LED Business Shows Positive Growth in 2Q15
- Ledman To Acquire Swiss Media Infront Sports and Media for EUR 25M
- Emerging Markets Are Becoming New Export Destinations for China’s Lighting Products
- Walsin Lihwwa Sells LED Business and Assets for RMB $166 M to Shangxi Electronic Information Group
- The Fight between the Ant and the Elephants in the Chinese LED Industry
What’s Trending
- Why Isn’t the Promising Smart LED Technology Gaining Popularity?
- Chinese Scientists Develop Color Tunable Single Graphene-based LEDs
- End-of-Production LED Lighting Increases Red Pigmentation in Lettuce
- UK Study Finds Switching Streetlights at Night Doesn’t Increase Crime or Car Accidents
- NASA and LVX Systems Team up to Bring Li-Fi into Space
- Apple HomeKit Development Delayed by Stringent Bluetooth Security and ID Chip Requirements
Government projects
Industry News
- Leyard to Invest $195.13 M in Indian LED Manufacturer MIC Electronics
- Columbia University and Ushio Enter Exclusive UV Lighting Technology License and Research Agreement
- Nichia Enforces Another Granted YAG Patent Against Everlight in Germany
- Cree LED Bulbs Receives Rebates in Wisconsin State
- Lighting Science Group Chosen for Pakistan's First Smart City
- [Breaking News] Seoul Semiconductor Wins Patent Infringement Lawsuit Against Craig Electronics
- Compulsory Electronics Registration in India to Push up LED Bulb Sales
- HexaTech Accquires Energy Funding from DOE
- Veeco Delivers 50th EPIK 700 MOCVD Reactor in 2015
- AFC Bournemouth to Partner with Musco LED Lighting for Vitality Stadium Project
New Products
- Smart LEDs Safeguard Life and Property
- Plessey CSP LED Portfolio for Wearable Devices Applications to be Launched in Fall 2015
- MaxLite's LED Filament Lamps Cuts Energy Bill with Retro Look
- Soraa Relits Prestigious London-based Gieves & Hawkes Flagship Store
- Outrace Increases LED Bulb Production Capacity to Double That of Its Competitors
- Edison Opto Unveils Advanced PLCC High Efficiency LEDs
- Noribachi Unveiled Hazardous Solutions (NHS) LED Lighting Product Series
- Plessey's LED Filaments with its MaGIC™ Die Unveiled
- Chroma-Q's Color Force LED Battens Help Full Circle to Invigorate Theatrical Lighting
- HiLumz USA Ensures Diamonz® Retrofits are DLC Compliant
Innovative Applications
- Lumos Smart LED Helmets Improves Bikers Visibility on the Road
- Audi to Showcase the latest OLED Tail Light at the IAA in Frankfurt
Lighting Projects
- Cree Upgrades Elementary Lighting to Energy Saving Campus
- Philips' Connected LED Lighting Illuminates Ghana's National Theatre in Accra
- Prolific Interior Designer Jamie Drake to Create New Collections with Hudson Valley Lighting®
- Luminis’ Turtle-Friendly Lighting Solutions in Port Canaveral’s Ship Terminal
- A Case Study of VLED installation at Chedraui grocery stores by Bridgelux
- Traxon Lights up Australia's Largest Cricket Ground with Media Tube Series
