Revenue rises about 6% on a comparable basis in 2016. Adjusted EBITA margin increases to 12.5%.  Proposed dividend of EUR 1.00 (US $1.13) per share. Osram managing board expects growth pace to continue in 2017.

Today, the National Electrical Manufacturers Association (NEMA) announced that ANSI Accredited Standards Committee C78 revised ANSI C78.1195 American National Standard for Electric Lamps—Double-Capped Fluorescent Lamps—Safety Specifications. Adopted by ANSI ASC C78 as a nationally acknowledged international standard, this revision of IEC 61195, ed2.2 (2014-09) includes deviations for clauses 2 and 3.

Debuting its OLED signage product portfolio for commercial applications on Tuesday, large Korean consumer electronic manufacturer LG is moving away from big-screened OLED TVs for home entertainment in Taiwan.

YAMING Lighting, the gold sponsors of Light Middle East 2016 returns to the show after a successful outing last year. Rashid Al Noori, Chairman of YAMING MEA and CIS, said, "Since the last Light Middle East edition we have been in close contact with the industry's key players and have signed partnership with distributors within the region”.

Lighting Science, a global leader in next-generation LED lighting solutions, announced that it has been awarded a contract by Vizient. With an annual purchasing volume of almost US $100 billion, Vizient is the largest, member-driven health care performance improvement company in the country.

On Oct.14, 2016, EU RAPEX (Rapid Exchange of Information System) recalled two LED luminaries from the consumer market. One was a color changing LED Bulb, the other one was a high power LED lamp. Both products were recalled because they pose potential electric shock to users due to inadequate circuit insulation or loosely attached parts. Last Friday, on the newly released RAPEX report, four other LED luminaries were listed: linear fixture by Best-LED, LED Magic Ball Light and LED Sun Magic Ball by ASA, and LED Floodlight by GREENLUX.

The Lighting Industry Association (LIA), Europe’s largest trade body for the lighting industry, is launching its own range of insurance services for its 280 members.

China’s optoelectronic power house is situated in its southern province Xiamen, which is known for its strong LED lighting industry, reported Xiamen Daily.

Did a boycott of Chinese products on India social media websites cause the sharp decline of LED bulb imports? A movement launched on Indian social media platforms during the annual lighting festival Diwali on Oct. 31, 2016 resulted in a 30% to 50% revenue decline of energy efficient lights and LED bulbs in Mumbai.

What are some of the potential consequences of introducing OLED display technology in the iPhone 8?

Once considered the top business to sale off, Samsung Electronics LED business has made an impressive turnaround recently, reported Business Korea.

The next flagship smartphone Samsung launches will feature a larger bezel-less OLED display screen than most phones on the market, which according to Forbes analyses would enable a more immersive VR gaming experience.

Osram launched many automotive lighting products this week, including automotive LEDs and OLED taillights. The company has also announced two major partnerships including licensing its LED epiwafer patents to a major Japanese company, and sealing a smart LED lighting deal with Tvilight.

Osram is expanding its expertise in smart outdoor lighting systems for cities by acquiring a minority stake in the Dutch software specialist Tvilight. The lighting maker will hold 47.5% of the company, which offers sensor technology and smart light management software for smart city solutions, among other things. Tvilight offers a platform for cities and other public space stakeholders to realize smart city visions and will continue to provide an open platform for suppliers of smart city solutions. 

Recent tech media reports highlighted Philips Hue bulbs vulnerabilities that could be exposed by hackers, which could override lighting controls using computer viruses.

Envirobrite is proud to announce its partnership with Soraa as a master distributor of Soraa products.

Silvair, a pioneer in Bluetooth-based smart lighting technologies for commercial applications, today announced that it has completed a US $12 million Series A round of funding. The new investment will enable the company to commercialize its end-to-end smart lighting platform, as well as to grow its marketing and customer support capabilities internationally.

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, announced financial results for its fiscal 2017 second quarter ended Sept. 30, 2016.

Heliospectra, a world leader in intelligent lighting technology (https://www.heliospectra.com/) for controlled environments horticulture, forecasts that America’s growing public support of legalized medicinal and recreational cannabis use will push industry to more sustainable cultivation practices and cost-effective LED light strategies.

Thermal management specialist Cambridge Nanotherm today announces it has built significant additional capability and capacity into its MCPCB manufacturing base to meet rising demand for its award-winning thermal management solutions. The company has established partnerships with a wide network of PCB and thin-film manufacturers to offer a broad range of options in terms of circuitization, quality, volume and standards.

Veeco Instruments announced financial results for its third fiscal quarter ended Sept. 30, 2016. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported adjusting for certain items ("Non-GAAP"). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.

There has been stable growth in the global LED lighting market supply chain and distribution channels, the plateaued LED backlight market has ushered surging innovative LED applications in the market. How has soaring demands in new LED applications affected Taiwanese LED manufacturer’s Epistar’s LED shipments?

Philips Lighting, a global leader in lighting, and Xiaomi, the mobile internet company, today signed a joint venture agreement for smart home lighting in China. The companies have joined forces to design and develop connected LED luminaires and lamps for Xiaomi’s wireless smart home platform, including apps for controlling the lights both via Android and IoS-based smartphones. 

GE Lighting Solutions and Samsung Electronics announced the signing of a worldwide patent license agreement. 

In 2016, Epistar lead the Taiwan LED industry business model transition from unprofitable product portfolio to refocusing on more profitable client orders. Other LED companies have caught onto this trend, such as Unity Opto, which slashed LED bulb production capacity by 70%, reported China Times.

Samsung is supplying more than just OLED screens for iPhones to Apple, reported Korea ETNews.

With effect from  1 November 2016, Guido van Tartwijk has become the new Chief Executive Officer (CEO) of Tridonic, a company belonging to the Zumtobel Group. He succeeds Alfred Felder, who has been appointed to the Group’s Management Board back in April this year. 

At the 2016 Los Angeles Auto Show, Audi of America will debut its first US production laser light on the 2017 Audi R8 V10 plus exclusive edition. The R8 exclusive edition utilizes full LED headlights, which are now supplemented by a laser high beam module in each headlight.

After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing revenues but stagnant profits,” LEDinside has collected third quarter earnings from 32 LED companies for further evaluation of the credibility of market claims about current development.

Osram recently announced the latest developments about the acquisition transaction of its LED general lighting business sales to a Chinese investment  consortium headed by IDG Capital.