Taiwanese LED manufacturer Lite-On’s latest financial performance in July 2016, showed its global consolidated revenue reached NT $19.4 billion (US $630 million), setting a new record high in the last nine months.

LEDinside, a division of TrendForce, reports the global average sales prices of 40-watt and 60-watt equivalent LED light bulbs in July fell 0.7% and 0.6% versus the prior month, respectively, to US$9.5 and US$12.9.   “July was the start of the traditional off season for the LED industry,” said LEDinside analyst Allen Yu. “Furthermore, the economic conditions in Europe and the U.S. remained weak, so the demand rebound that occurred in the lighting market was limited to just the second quarter. Retail prices of LED light bulbs slid entering the third quarter, and some products suffered larger price drops on account of promotional activities.”

Iota Labs, a company founded by five Berkeley engineers, is launching a crowdfunding campaign on Kickstarter to finish developing Dot, the Physical Push Notification. The campaign will kick off in Aug. 23, 2016 and features a LED enhanced smartphone notification device.

Researchers have built a miniature electro-optical switch which can change the spin -- or angular momentum -- of a liquid form of light by applying electric fields to a semiconductor device a millionth of a meter in size. Their results, reported in the journal Nature Materials, demonstrate how to bridge the gap between light and electricity, which could enable the development of ever faster and smaller electronics.

Veeco Instruments announced that Lawrence Livermore National Laboratory (LLNL), based in California, has ordered Veeco’s SPECTOR® Ion Beam Sputtering (IBS) System.  The system will be used to deposit optical thin films and to conduct research regarding laser performance in support of the Laboratory’s national security mission.

Dymax introduced the BlueWave® MX-150™ - a new smaller LED spot-curing system with unique curing flexibility. The system can be used as a bench-top unit or integrated into an automated system, and its LED emitters are available in 365, 385, or 405 nm wavelengths.

LED lighting manufacturer Evluma has received the IDA (International Dark Sky Association) Fixture Seal of Approval for its 40W and 70W 3000K CCT LED AreaMax street and area lights. IDA's Fixture Seal of Approval program certifies outdoor lighting fixtures as being Dark Sky Friendly, meaning that they minimize glare while reducing light trespass and skyglow. Certification criteria includes a CCT of 3000K or below and a U0 rating, emitting no light above 90 degrees. Street and area light submittals must also identify an optional backlight shield, available for the AreaMax since 2015.

Japan Display Inc. (JDI), a manufactuerr of small to mid-sized LCD displays issued a statement on Saturday refuting claims made by Nikkeiand other media that it was seeking financial support from INCJ.

The adoption of iris recognition features into Samsung’s flagship Galaxy Note 7 in New York last week caught market attention, users of the device can unlock their phones simply by peering into their smartphone displays, reported TechNews.

GE Lighting has helped monitor athletes performance with LED biosensors at the 2016 Summer Olympics that took place from Aug. 5-21, 2016 in Rio de Janerio and its projects there invovles more than illuminating venues.

Fulham has introduced a new technology alliance with Tvilight, a Dutch high-tech company and a European market leader in sensors, wireless controls, and lighting management software, to deliver fully programmable, wireless outdoor LED systems for emerging Smart Cities.      

Gemio, a wearable device developer, launched a new customizable smart LED band capable of lighting up in various color patterns.

GlacialPower, a division of LED technology manufacturer GlacialTech Inc., has launched a new LED driver, the GP-LS60P-42C 1E, with a 42V, 59 Watt DC output. This rugged, highly efficient driver is ideal for a wide range of indoor and outdoor environments and applications, thanks to its IP67 rated environmental protection from water and dust, and it also offers extensive thermal and electrical safety features.

Green Creative, the commercial grade LED lighting manufacturer proudly announces the launch of its next generation of PL DIRect and BYPass lamps for horizontal and vertical installations.

U.S. researchers claim to have found a new method to overcome green LED droop issues. GCS Holdings sell to San’an Opto faces similar fate as Lumileds, with U.S. authorities blocking the acquisition transaction over undisclosed concerns. Samsung rumored to be investing huge sums in 3D NAND flash memory and OLED panels.

According to LEDinside’s latest findings, micro-LEDs will enter mass production by 2018. To understand micro-LED technology comprehensively, and tap into its market potential, LEDinside has organized its history, current situation, theory, manufacturing process, and related manufacturers.

To cope with saturated smartphones' market and gradually weakening sales, Samsung Electronics is considering to purchase Fiat Chrysler Group's automobile component manufacturer Magneti Marelli to develop new market segments.

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, today announced the signing of an OLED Technology License Agreement and Supplemental Material Purchase Agreement with Tianma Micro-electronics, a leading Chinese small-and medium-size display panel manufacturer. The agreements run for five years.

A delegation of authorities from Dubai Supreme Council of Energy and Road and Transport Authority (RTA) visited Los Angeles Bureau of Street Lighting to enhance cooperation and become familiar with streetlight projects, reported Trade Arabia.

Osram is expanding its leading market position in the entertainment sector and has acquired certain assets from ADB TTV SAS to continue its business operations. The acquired business will become integral part of Osram’s subsidiary Clay Paky. ADB is a French company which specializes in lighting for theaters and TV studios based in Saint Quentin. The transaction was completed on 3 August 2016. “With the acquisition of ADB TTV SAS’ business and the highly reputable ADB brand, we will expand our position in the innovation-driven entertainment lighting market”, said Hans-Joachim Schwabe, CEO of Osram's Specialty Lighting business unit.

Kyocera announced that it will acquire all shares in Melles Griot KK — a Japan-based manufacturer specializing in optical components which is currently a subsidiary of U.S.-based IDEX Corporation — in order to further expand its optical components business. Melles Griot KK is expected to become a wholly owned Kyocera Group company effective on Sept. 1, 2016.

More than half of Bolton’s street lamps have now switched over to new LED lighting - and work is on target to finish in 2018. Replacement work continues throughout the borough and almost 15,000 lights in 2,463 streets have been upgraded, since the rollout began in April last year. Approximately 26,000 lights on residential streets and main roads are being replaced with lower carbon LED lanterns.

Cree introduces the XLamp® MHB-B LED, a new high-power LED that enables a more effective way to deliver lower system costs for high lumen, high efficiency applications designed to meet the new DesignLights Consortium® (DLC) 4.0 Premium requirements. Leveraging key elements of Cree’s SC5 Technology™ Platform, the ceramic MHB-B LEDs combine high light output, high efficacy and high reliability to enable high lumen LED designs that are not possible with mid-power LEDs. The MHB-B LED delivers up to 931 lumens at 85°C and 13% higher LPW than the MHB-A LED in the same 5mm x 5mm package, allowing lighting manufacturers to quickly increase performance for existing MHB designs without any additional investment.

Flexible micro-spectrometer addresses LED illumination needs: lighting design, fixture verification, LED binning, lamp/LED spot testing, LED driver testing; portable, user-friendly lighting-measurement tool is well-suited for engineering lab and field use

Cree continues to break efficiency records with the next generation of its best-selling CPY 13,000 lumen LED canopy luminaire, delivering category-leading efficiency of up to 136 lumens per watt (LPW). This new 13,000 lumen Cree® canopy luminaire offers superior illumination and industry-leading efficiency, as well as easy installation and lower total cost of ownership for better light experiences. Already a favorite with canopy owners for its uniform, clean white light, the 13,000 lumen CPY luminaire boosts efficacy by 20 percent, lowering operating costs while enhancing roadside visibility and appeal at service stations, convenience stores and drive-through restaurants or banking locations.

Sony is expanding the capabilities of the BVM-X300 OLED master monitor, giving users more flexibility and more features for HDR and 4K production applications. Starting in October 2016, this updated version of the BVM-X300 will feature upgraded firmware including additional HDR EOTF and function support, new hardware with an HDMI input for easy connection to cameras or Blu-ray players, and a second 3G/HD-SDI 4K input for simpler system integration.

The BIG LUMEN Lighting, creator of the award-winning Foreverlamp™ LED Retrofit Lamp Series, announced that its HB™ Series High-Bay LED fixtures have been added  to the DesignLights™ Consortium (DLC) Qualified Products List (QPL). As an innovator and leader in high power, high lumen lighting, the HB Series High-Bay, combined with the Foreverlamp LED replacement lamps, have been approved by DLC in the Replacement Lamps for High-Bay Luminaires (Type C) category.

Sony Corporation of America announced the opening of Sony Square NYC, a showplace for the latest in Sony entertainment and technology. Located in the Company's New York City headquarters at 25 Madison Avenue, the facility offers visitors the chance to check out select new Sony technologies and products, some of which are still in the prototype stage. Additionally, the intimate space will be used for unique consumer events, such as photography classes with world-renowned photographers, exclusive movie screenings and invitation-only performances by Sony Music artists.

India’s lighting sector has enjoyed accelerated development recently. The scale of the country’s LED lighting market in particular is projected to expand 47.1% year on year in 2016 to US$1.14 billion, according to the 2016 Indian Lighting Market Report by LEDinside, a division of TrendForce. The government of India intends to turn itself into hub of lighting products across East Asia and countries along the coast. International firms include Osram and Toshiba have taken India as their manufacturing base of global market. India’s domestic and foreign LED lighting demands are both high. It’s expected that the market will see explosive growth over the next two to three years. By 2020, the Indian LED lighting market is forecast to grow to US$1.715 billion. In the current LED industry, although China market is a big cake, developing new markets is still necessary, due to overcapacity and price competition. As a market with great potential, India attracts international enterprise to take it as the next manufacturing base. Aside from low tariff policies based on the Preferred Market Access Policy, other advantages of Indian market also attract investors.   The India LED lighting market is still in its early phase, with opportunities include growing internal demand, promotion of Make in India, zero tariff in Indian market, lighting manufacturers see business potential in Indian lighting market. Meanwhile, product specification improvement can be seen in the market. Moreover, diverse and unique market channels, and differences between the environments of each segment in the lighting industry should be considered carefully when entering the market.

Samsung’s latest flagship phone Note 7 iris recognition features created a new buzz in the market, as the new phone’s IR modules used for optical recognition is expected to benefit IR LED manufacturers, such as Epistar and High Power Lighting, reported UDN.