A surprising contender has emerged in the bid for Philips Lumileds and automotive lighting business this week. Chinese startup Lattice Power seems to have submitted a bid price, which the company CEO Min Wang appears to have indirectly admitted. At the moment, the odds seem to be in favor of private equity firms CVC and KKR, who are offering to buy 80% of the lighting component business for $2.7 billion.

KKR & Co. and CVC Capital Partners are nearing an agreement to buy Philips Lumileds, lighting components unit, a Bloomberg report cited a source saying.

Many LED industry experts have been worried that LEDs long lifetimes of more than two decades would result in longer replacement cycles that could become obstacles to company business models. Pessimistic manufacturers even forecast LED orders could eventually ease as time moves on. Ellis Yan, the CEO of U.S. manufacturer TCP Lighting (TCP), however, shared a very different outlook during a recent interview with LEDinside in Taipei, Taiwan.

Leading U.S. LED manufacturer TCP Lighting will be using its Taiwan arm as its new Southeast Asia headquarters, said the company CEO Ellis Yan in a recent interview with LEDinside in Taipei, Taiwan. As the next step of its business strategy, TCP Lighting plans to venture into Southeast Asian countries including Malaysia, Philippines, Thailand, Indonesia, Vietnam, Singapore and others. “We will be training staff in Taiwan, before sending them to neighboring Southeast Asian countries,” explained Yan.

Northumberland, a northern county in UK has announced plans of investing £25 million (US $36 million) in a LED streetlight upgrade project, reported ChronicleLive.

Royal Philips, the global leader in lighting and patron sponsor of the International Year of Light[1], is ramping up its portfolio of solar lighting solutions with the launch of Philips LifeLight, a new new zero-energy, solar-powered LED lighting range designed for homes in off-grid rural and semi-urban communities.

Combining market-leading efficacy with affordability, MaxLite introduces eight-inch ECO Series LED Recessed Retrofit Downlights as an energy-efficient replacement for fluorescent, incandescent and HID lighting in architectural and commercial applications.

LIFX White 800. Every white tone from rich warms to cool whites in an energy-efficient smart light bulb  LIFX makes its China debut today at WinHEC Shenzhen, Microsoft's invite-only hardware conference. Microsoft will use LIFX light bulbs to demonstrate how the Windows 10 adds seamless interoperability for IoT devices via the AllJoyn platform. "Windows 10 will bring AllJoyn open source IoT connectivity to Windows PCs, Tablets and Phones everywhere," said LIFX CEO, Marc Alexander. LIFX pioneered the smar...

Dialight announced the debut of its new ultra-durable 480V Passive Power Supply, offering higher energy efficiency to outperform conventional switch mode power supply (SMPS) technology in high-voltage applications. The new 480V Passive Power Supply debuts on the 18,000-lumen package and will become the standard power supply used on every new Dialight fixture designed for high-voltage applications.

From 25 March to April 7, Royal Philips, the global leader in lighting, is organizing a special ‘Night Exposition’ in the Rijksmuseum. The exposition consists entirely of portraits painted in light, as a tribute to the unequalled master of light, Rembrandt – who is now on display in the Philips wing of the museum in the Late Rembrandt exhibition.

Beleaguered Sharp will be shedding 10% of its workforce, and inject 200 billion Japanese Yen (US $1.66 billion) in a global restructure plan, reported Reuters and several other Japanese media including Nikkei.

HC Semitek reported exponential revenue growth during 2014 fiscal year, reported Chinese-media Sina.

Aldermen of Manchester city in New Hampshire, U.S. have chosen Siemens traditional LED streetlights over Philips smart streetlights, reported local media the New Hampshire Union Leader.

A Japanese startup company no new folk studio has launched an interactive LED shoe that enables dancers, and artists to design lighting patterns from their unique dance moves.

The one-light-for-all principle is outdated at a time when we are all living and working longer. Today 30-50% of people in work are over 45 years old1 and Royal Philips, the global leader in lighting, says office lighting needs a serious rethink at a policy level. In Europe, the minimum lighting requirements for writing, typing, reading and data-processing in offices is 500 lux2, but Philips has gathered research to show that this is not considered sufficient3 by almost a third of today’s global workforce.

NXP Semiconductors has announced the launch of its new best-in-class, low power and long range JN5169 wireless microcontroller and accompanying smart home and smart lighting solutions, featuring certified ZigBee LightLink, Home Automation, GreenPower software stacks and, the first in the market, a NFC-commissioning option that allows users to connect systems intuitively with just one tap. An on-chip +10dBm power amplifier within JN5169 doubles the connectivity range of NXP’s existing smart home products.

"Portable Digital LED Display Screen Module" is organized with integrating the core technology of LED and IC chip which packaging constitutes as a single pixel (Pixel). It reduces the cost of application modules in assembling, installation and maintenance.

Uplight Technology Company (ULTC) was founded in 2009 in Kaohsiung City,Taiwan. We are a professional LED lighting manufacturer with the completion of the entire product supply chain. We can offer indoor and outdoor LED lighting products. We can also customize LED lighting products for customers.

Lunera® Lighting, a leader in lighting innovations accelerating the transformation to advanced LED technology, is pleased to announce it has selected Industry Data Exchange Association (IDEA) Industry Data Warehouse (IDW) as its electronic data synchronization platform. Electronic data transfer makes it easier for Lunera to quickly connect with its own salesforce and customers for more effective business-to-business e-commerce.

Sengled, makers of intelligent lighting products that integrate consumer electronics with LED bulbs, today announced that the company is partnering with Republic Records to demonstrate how a reinvented light bulb can bring music to life – and light. Sengled's smart LED bulb with a built-in JBL speaker makes it simple to integrate music into everyday life – without all the clutter of wires, power cords and remote controls. Sengled and Republic Records will team up at the SXSW conference to show music lovers how it works between live shows from popular bands.

It looks like giant spaceship or a design from the set of Blade Runner.  This bold construction is the International Youth Culture Centre in Nanjing, China. Transforming the city’s skyline with a 16 million color palette and delighting locals and tourists alike, the façade of the 68-storey building, which houses a five-star hotel and offices, costs less than EUR 114 a day to light. This is because the building uses an energy-efficient dynamic color-changing computer controlled LED lighting system from Royal Philips (NYSE: PHG; AEX: PHIA), the global leader in lighting. In this instance, the computer controlled LED lighting system saves an additional 60% in electricity used, compared to normal LED color lighting.

Integrated Endoscopy will demonstrate its nuvis™ Single-Use Arthroscope—the only single-use rigid endoscope commercially available in the United States—at the 2015 American Academy of Orthopaedic Surgeons (AAOS) Annual Meeting, March 25–27, 2015, in Las Vegas (booth No. 674).

Infineon Technologies announced the expansion of its Gallium Nitride (GaN)-on-Silicon technology and product portfolio. The company now offers both enhancement mode and cascode configuration GaN-based platforms optimized for high performance applications requiring superior levels of energy efficiency including Switch Mode Power Supplies (SMPS) used in server, telecom, mobile power and consumer goods such as Class D Audio systems. GaN technology significantly reduces the size and weight of power supplies which will open up new opportunities in end-products such as ultra-thin LED TVs.

The LED Expo platform offers a great opportunity for companies to debut their products in front of thousands of business visitors. The 3rd edition will highlight a new category- decorative lighting which is showing a huge demand from consumers. 

Cree’s patent lawsuit against Feit Electronics and Unity Opto has sounded a warning bell for the Chinese LED industry, according to a ledsw.com report.

Representatives from Everlight and Edison Opto have recently rebutted an earlier Digitimes report claiming the two companies were in acquisition talks.

Acuity Brands, one of the world's leading providers of LED lighting solutions for both indoor and outdoor applications, today announces a strategic partnership with Sensity Systems​, a pioneer in light sensory networks. Acuity Brands and Sensity plan to create a joint solution that further transforms energy-efficient LED lighting into a smart, connected platform for the Industrial Internet of Things (IIoT).

Soraa, the world leader in GaN on GaN™ LED technology, announced today that Ann Reo has joined the company as Senior Vice President of Product Development. With over 20 years of LED product development and lighting design experience, Ann has the unique ability to solve challenges with solutions that others don’t see.

Cree has expanded its $1.5 million commitment to provide LED lighting for new Habitat for Humanity homes built in the United States. Building on the company’s 2010 pledge to provide Cree® LED downlights, Cree is now offering Habitat for Humanity affiliates the New Cree LED Bulb, making whole-home LED lighting possible for Habitat homeowners.

Billion Electric, a pioneered leader in the design, manufacturing, and distribution of advanced LED power supply and lighting solutions, today announces to exhibit its latest outdoor LED drivers and Smart Lighting Solution at EXPO Electronika Russia and Poland LIGHT.