Sales of EUR 7.12 billion (US $7.66 billion), with comparable sales of -2.4% (2015: -3.5%) Continued year-on-year improvement in operational profitability Adjusted EBITA of EUR 645 million (2015: EUR 547 million Adjusted EBITA margin improvement of 180 basis points to 9.1% (2015: 7.3%)  Net income of EUR 185 million (2015: EUR 240 million), including EUR 143 million charges not applicable in 2015 for brand license, separation costs and financial expenses  Free cash flow of EUR 418 million (2015: EUR 632 million) or 5.9% of sales

Philips Lighting announced that its Supervisory Board will propose the appointment of two new members, Jill Lee and Gerard van de Aast. 

Revolution Lighting Technologies, a global provider of advanced LED lighting solutions, today announced that the small business portion of its New England based companies have completed approximately $25 million of business in 2016.  Through its divisions, Revolution Lighting worked closely with its small business customers to provide “turnkey” energy efficiency retrofit solutions, including the installation of LED technologies.

Foreverlamp, a privately held company founded by Peter Shen, former president of Philips Lighting and Electronics Group, announced a new President and a slate of Executive officers. The changes are designed to allow the company’s leadership team to maximize time and attention to focus on seizing additional new growth opportunities and initiatives for LED lighting.  

Modern LED City Light pillars equipped with the Street Light Control system and Einstone technology from Osram were installed in a city-wide intelligent network to form the basis for the Wipperfürth Smart City project. Luminaires transmit information via Bluetooth signal that is then recorded and processed by the new WippApp. Smartphone users that have downloaded the app can access a diversity of information such as offers from retailers, information about companies and much more. 

Dow Corning, a global leader in silicones, silicon-based technology and innovation, significantly expanded the design flexibilities for LED packaging manufacturers today with the addition of three new highly reflective silicone coatings to its fast-growing portfolio of advanced LED solutions. Offering targeted solutions for cutting-edge LED designs – such as chip scale (CSP) and chip on-board (COB) packaging – the three new products also deliver versatile processing options ranging from conventional dispensing to emerging printing methods.

Noribachi, a leading US-based technology company with a focus on digital lighting announced today that on January 26th, the company will unveil its latest products and technologies aboard the iconic battleship USS Iowa in the Port of Los Angeles.

For one weekend a year, Kitzbühel becomes the focal point of the winter sports world – the venue for the undisputed highlight of the Alpine World Cup season. Every January thousands of sports fans make their way to probably the most famous ski slope in Austria – the Streif – in the north-east corner of Tyrol. This year’s event takes place from 20th to 22nd January 2017, when visitors can look forward to thrilling races on the Hahnenkamm slopes and hours of entertainment near the finishing line at the KitzRaceClub. The Zumtobel Group is the official lighting partner for the third time in 2017 and has now combined a series of innovative solutions to perfectly showcase the KitzRaceClub.

Power management company Eaton today announced that the company’s lighting, residential and wiring devices solutions have helped actor and environmentalist Ed Begley, Jr. build one of North America’s greenest, most sustainable homes. The home, completed in late 2016, received a Leadership in Energy and Environmental Design (LEED) Platinum certification from the U.S. Green Building Council. 

EVERLIGHT ELECTRONICS CO., LTD., a leading player in the global LED and optoelectronics industry, is showcasing the latest ranges of lighting, automotive and infrareds products at the upcoming 9th Light-Tech Expo,including the completely new highly efficient G-5630, a new high efficiency and high CRI G-COB Xuan, automotive ambient lighting sources and infrared transmission/receiving series. Everyone is welcome to visit EVERLIGHT at Hall 3, E24-4.

Organized by the Bureau of Foreign Trade, MOEA, the Taiwan International Lighting Show, also known as TILS, will be held from 12th to 15th of April, 2017 at the Taipei Nangang Exhibition Center Hall 1, in conjunction with LED Taiwan 2017. The 2-in-1 fair, implemented by Taiwan External Trade Development Council (TAITRA) , Taiwan Lighting Fixture Export Association (TLFEA), and SEMI Taiwan, will showcase the lighting products and services with topics “Smart Lighting“ and “Lighting Design” , to collect together LED lights, smart lighting, medical lights, automotive lighting system, IR lights, lighting for agriculture & aquaculture, High-Brightness LED, Laser, Sapphire, LED components, etc. under one roof.

These days, it seems like gadgets are constantly improving, and now the next big development may be organic light-emitting diodes, or OLEDs. The technology promises to improve your phones' quality, durability and even foldability. An article in Chemical & Engineering News (C&EN), the weekly newsmagazine of the American Chemical Society, takes a look at the market for this technology and why it is expected to more than double by 2020.

Soraa, the world leader in GaN on GaN LED technology, announced that its full visible spectrum LED lamps were installed at the Arts of the Ancient Middle East Gallery at the Detroit Institute of Arts (DIA) in Detroit, Michigan. Soraa’s LED lamps now illuminate historic artifacts dated from approximately 3000 BCE and 600 CE that map the rise of writing, trade, religions, cities, and empires in the early civilizations of the Middle East.

Elemental LED, a leading U.S. based engineering and technology company that manufactures LED lighting solutions announced today a partnership with Boston Light Source that extends its Diode LED product brand into the state of Massachusetts. Elemental LED and its manufacturing and wholesale division, Diode LED, provides a wide variety of superior quality linear, task, and accent LED lighting solutions for both commercial and residential applications.

Smart lighting manufacturer meets smart, collaborative robot to make assembly 1200 percent faster

Osram is close to receiving approval from the German government to go ahead with the sales of its general lighting business LEDVANCE to a Chinese investment consortium headed by IDG Capital Partners (IDG), reported DrivingVisionNews.com.

Phosphor export values of Changshu, a city located in Jiangsu Province in China, reportedly tumbled 55% Year-on-Year in 2016, based on data compiled by local customs agency, reported Chinese-language media China News Service.

Smart lighting start-up Gooee, creator of the first ‘full stack’ cloud-based platform that connects lighting manufacturers to the IoT, has extended its international reach to South America by partnering with the Lumicenter Lighting Group, the Brazilian provider of conventional and LED lighting solutions.

HC Semitek announced recently it sent an application to resume trade on the Shenzhen Stock Exchange (SSE) in China on Jan. 9, 2017.

Singapore's Land Transport Authority (LTA)  announced it will be stepping up efforts to convert all roads in the city-state to more energy efficient lighting and sustainable systems by the year 2022.

India’s Power Minister Piyash Goyal announced the country implemented the largest streetlight replacement project in the in capital south Delhi, reported The Economic Times.

Osram CFO Ingo Bank doused rumors fueled in late 2016 about acquisition talks with Chinese investor Go Scale Capital during an interview with Bloomberg recently.

EarthTronics, dedicated to developing innovative energy efficient lighting products that provide a positive economic and environmental impact for its customers, announced today the addition of Leroy Herring, Jr., who has extensive business and sales development experience in the lighting industry. Appointed Midwest Regional Sales Manager, Herring has helped large and small corporations navigate through tremendous business growth. As a result, Herring will be responsible for directing commercial sales through manufacturers rep agencies, electrical distribution, lighting showrooms, ESCOs, contractors and national accounts.

Micro-LED became a hot keyword in 2016, despite being years away from commercialization. Most in the industry agree this exciting next generation display technology will not be realized for another 3-5 years, HSBC projects the earliest date of commercialization will be around 2019 earliest.

On Dec. 27, 2016, Nichia Corporation ("Nichia") filed four patent infringement lawsuits in the United States District Court for the Eastern District of Texas. The defendants in the lawsuits are (1) TTE Technology, a US-based LCD TV distributor, and its parent company, TCL Multimedia Technology Holdings Limited, a Chinese manufacturer of LCD TVs; (2) VIZIO, a US-based LCD TV maker; (3) Lowe’s Home Center LLC (“Lowe’s”), a US-based retailer of LED lighting and other products, and Lowe’s affiliated U.S. distributor, L G Sourcing, Inc.; and (4) Feit Electric Company, Inc., a US-based LED lighting manufacturer and distributor. In these lawsuits, Nichia asserts that defendants have infringed Nichia’s U.S. Patent No. 9,490,411. Nichia seeks an injunction prohibiting the defendants’ sale and distribution of infringing products. Nichia also seeks damages for defendants’ infringement.

With judgment of Dec. 22, 2016 (docket number I-15 U 31/14), the Düsseldorf Court of Appeal in Germany has confirmed the infringement of YAG Patent EP 0 936 682 (DE 697 02 929) of Nichia Corporation (“Nichia“) by Taiwanese LED manufacturer Everlight Electronics Co., Ltd. and its German subsidiary Everlight Electronics Europe GmbH (both “Everlight“) concerning six accused white LED products.

Western Indian state Goa has rolled out a large scale streetlight replacement project, and replaced existing compact fluorescent lights (CFL) and high pressure sodium vapor (HPSV) lamps with LED bulbs, reported Times of India.

Las Cruces, a city located in New Mexico, U.S. has nearly completed replacing 2,700 streetlights before February, reported Las Cruces Sun-News.

Meyer Burger has shipped a CONx TFE thin film encapsulation system consisting of an inkjet printer and PECVD system to an Asian customer for encapsulation of OLEDs and other flexible electronics applications. This latest order confirms the market’s recognition of Meyer Burger’s integral and fully automated thin film encapsulation system.

Power management company Eaton today announced that the company has joined with the NextGen Home Experience® to inspire builders to build the homes of the future today. The 2017 NextGen First to the Future™ online television series will feature and promote the United States Department of Energy’s (DOE) Zero Energy Ready Home program, which educates and encourages builders to build high performance homes that feature energy savings, comfort, health and durability unparalleled in today’s marketplace.