Consultancy firm Strategy Analytics suggests that a major supply deal with Volkswagen affiliate CARIAD will see Innoviz become market leader. InnovizTwo lidar unit The Israeli company Innoviz Technologies has been tipped to become market leader in the emerging automotive lidar sector, after revealing that it has signed a major supply deal involving auto industry giant Volkswagen (VW).   Market analyst firm Strategy Analytics, which has just compiled its first ever market share estimates for the nascent industry, says that the deal with VW...

UK-based Kubos Semiconductors raised $605,000 to launch its cubic-GaN LED technology into new markets, such as microLED displays.     Kubos says that its unique cubic-GaN technology can increase light output (and efficiency) of green LEDs. Kubos operates in a fabless model and says that its technology is fully compatible with standard LED development process on large wafers, offering lower cost volume production. Kubos is also looking to use the technology to produce red GaN LEDs.   This is the company's second fi...

According to TrendForce’s latest market research report 2022 Global LED Lighting Market Analysis-2H22, as TrendForce reported, the demand for residential and commercial lighting was slashed in 1H22 by gloomy economic outlook amid soaring inflation, energy cost hikes following the Russia–Ukraine war, real estate downturns, as well as the pandemic’s twist and turns. That being said, as countries in Europe and North America began reopening, returns of commercial activities boosted consumption—plus the rising demand for energy-saving revamp solutions i...

The Metaverse and its applications have continued to be in the spotlight among the tech industry worldwide, where tech giants are racing to invest in software–hardware development and explore more possibilities. Currently, virtual and real-world integration has been the major approach to creating the metaverse world, where users can—through different human–machine interfaces—connect the reality to a virtual world to explore various applications. AR and VR wearables have been crucial equipment for their metaverse plans among most companies, but the existing t...

MICLEDI Introduces New Family of MicroLED Devices with Integrated Micro-lenses LEUVEN, Belgium, Aug. 9, 2022 – MICLEDI Microdisplays, a leading developer of microLED displays for Augmented Reality (AR) glasses, announced today the industry’s first microLED devices with integrated micro-lenses for pixel level beam shaping, manufactured in the company’s proprietary 300mm manufacturing flow. The new family of microLED devices enables multiple benefits for waveguide-based AR glasses, including: Improved power efficien...

Israel's cannabis market is booming, setting itself at the forefront of agricultural innovation With Fluence’s SPYDR Series, Trichome leverages a high intensity, broad-spectrum strategy that delivers precise and uniform light to the plant canopy.(Photo: Business Wire) August 11, 2022 05:32 PM Eastern Daylight Time AUSTIN, Texas & ROTTERDAM, Netherlands--(BUSINESS WIRE)--Fluence Bioengineering, Inc. (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food prod...

As next-generation display technologies, Mini/Micro LED and fine pitch displays have been in the limelight for many years. Compared with traditional LED display, the most striking feature of next-generation display lies in its unparalleled visual effect, including high resolution, high contrast ratio, high brightness and wide color gamut, marking a revolution of display technology and an improvement of consumer demand. The Design Complexity of Drive IC up a Notch As scientific technology and life quality improve, new things such as smart wearable device, telecommuting...

NEWPORT BEACH, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- NuEyes, a pioneer in the field of augmented reality smart glass technology is happy to announce that it has partnered with Samsung Electronics America to deliver healthcare solutions using Samsung-connected devices with smart glasses from NuEyes. NuEyes Technologies PRO Series Augmented Reality smartglasses are lightweight glasses with a binocular display that quickly and easily connects to Samsung5G mobile phones or tablets. With a large field of view, HD display, and weighing und...

Consolidated sales of €9.4 billion (Q2 2021: €8.4 billion, +13.0 percent) Adjusted EBIT of €411 million (Q2 2021: €512 million, -19.8 percent) Adjusted EBIT margin of 4.4 percent (Q2 2021: 6.2 percent) Operating result of -€165 million (Q2 2021: €473 million, -134.8 percent) Net income of -€251 million (Q2 2021: €545 million for continuing and discontinued operations) Adjusted free cash flow of -€687 million(Q2 2021: &eur...

SAN JOSE, Calif., Aug. 3, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum"), today announced that it has completed its previously announced acquisition of NeoPhotonics Corporation ("NeoPhotonics").   "I am excited to unite NeoPhotonics' differentiated products and technology and talented team with those of Lumentum," said Alan Lowe, Lumentum President and CEO. "This acquisition better positions us for attractive growth opportunities created by the digital tra...

Aug. 9, 2022 ---- According to TrendForce's latest research report "TrendForce 2022 Self-Emitting Micro LED Display Cost and Trend Analysis," Micro LED light engine performance beats Micro OLED in terms of brightness, contrast ratio, and responsiveness in transparent AR smart glasses microdisplays and is ideal for applications in outdoor environments. Since 2021, more than 10 branded manufacturers around the world have launched Micro LED transparent AR smart glasses concepts and related suppliers have improved Micro LED technology...

Tokushima, Japan – 5 August 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, is pleased to announce the addition of the NVSW219F-V2 with significantly improved characteristics to the point light source 2W-class NVSW219F Series portfolio.     The NVSW219F Series, a 2W point light source 3535 package, combines features such as excellent light quality, high reliability, and long life with an unparalleled rich variation of color temperatures ranging from 1800K to 6500K. Wi...

On July 27, ams OSRAM held an online forum titled “Light Connects, Sensing Everything” focusing on optical technologies. Featuring four themes, namely Mobile and Wearables, Automotive and Mobility, Industry and Medical, Illumination and Intelligence, the forum demonstrated abundant light-emitting and lighting-sensing products and technologies of ams OSRAM as a global leader in optical solutions. During the forum, 13 experts introduced ams OSRAM’s optical and sensing products in applications such as AR/VR, smart cabin, smart industry, ...

  Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has expanded its Ultra Efficient product lineup with its most energy-efficient LED tube to date. Thanks to its high efficacy, the Philips MASTER LEDtube UE can help customers tackle the global energy crisis, mounting pressure to lower carbon footprints, and stricter EU regulation.   Signify last year broke new ground with the launch of the Philips LED A-class bulb, which consumes 60% less energy than a standard Phil...

ANSAN, South KoreaSeoul Viosys (KOSDAQ: 092190), a company specializing in optical semiconductors, announced that Violeds, a short-wavelength optical semiconductor technology, has an excellent effect in capturing the love bugs in a short time and powerfully eradicating them, which was proven in Seoul Viosys' capturing experiment. Love bugs have appeared on a large scale recently in Korea and are causing pain to people.   Violeds technology is an insect repellent technology that attracts mosquitoes and fruit flies using Ultra Violet (UV) LEDs. Seoul V...

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange   Second quarter revenues of EUR 1.18 billion and adjusted EBIT margin of 8.8% fully match with expectation range Nearing completion of portfolio re-alignment with disposals of Digital Systems Europe/Asia and architectural lighting business announced and closing of disposal of automotive lighting systems business, on track to complete remaining planned disposal Robust customer engagement for future capabilities from 8” advanced LED and microLED manufacturing inve...

Q2 2022 Total Revenues of $11.9 Million – a 20% Increase over Q2 last year Product Revenues Increase 30% Year over Year Driven by 87% Year Over Year increase in Defense Product Revenues Good progress on Micro OLED and LED Display Development Programs August 02, 2022 08:05 AM Eastern Daylight Time WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin® Corporation (Nasdaq: KOPN), a leading provider of high-resolution micro-displays and sub-systems for defense, enterprise and consumer augmented reality, virtual ...

Samsung Catalyst Fund, Cerberus Capital Management, L.P., and Clear Ventures as well as strategic investor Micron Ventures participate in Series A to fast-track Avicena’s revolutionary interconnect technology MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--AvicenaTech Corp., the leader in microLED-based chip-to-chip interconnects, today announced that the company has secured $25M in Series A funding from Samsung Catalyst Fund, Cerberus Capital Management, Clear Ventures, and Micron Ventures to drive the development of products bas...

LiDAR Solution Reduced False Alarms by Over 85%     SUNNYVALE, Calif. – Aug. 2, 2022 – Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that Nanjing Port (Group) Co., Ltd., has successfully deployed Quanergy’s M-Series LiDAR sensors. Quanergy’s partner, Nanjing Jiuao Technology Co., Ltd., developed the solution and managed the installation and integration.   Nanjing Port needed an effective detection an...

Wearable Device for Myopia Control   Myopia, or nearsightedness, is a refractive vision disorder which causes blurred sight at a distance. It occurs when the length of the eye (known as axial length) is too great; myopia progresses as axial length increases with age, until the early 20s. Myopia currently affects 2.56 billion people worldwide and is projected to affect 3.4 billion people by 2030, if current trends remain unchanged(*1). Myopia increases the risk of developing sight-threatening diseases such as myopic maculopathy, retinal detachment, and glaucoma - making a mea...

Year-Over-Year Revenue Growth of 22% in 1H22; Gross Margin Expands   FREMONT, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2022.   Management Qualitative Comments   “This is an exciting time in our business,” said Morris Young, chief executive officer. “Our strong execution on a number of fronts has set the ...

The new Vehicle General Safety Regulation starts applying today. It introduces a range of mandatory advanced driver assistant systems to improve road safety and establishes the legal framework for the approval of automated and fully driverless vehicles in the EU. The new safety measures will help to better protect passengers, pedestrians and cyclists across the EU, expectedly saving over 25,000 lives and avoid at least 140,000 serious injuries by 2038.   As the coming into force of the General Safety Regulation empowers the Commission to complete the legal ...

MRSI Systems is delighted to announce a new collaboration with Lumentum Operations LLC (“Lumentum“, NASDAQ: LITE), a leading global photonic chip and module supplier for the automotive LiDAR industry. This collaboration promises to generate innovative LiDAR solutions for the industry. LiDAR (light detection and ranging) technology is becoming the standard equipment in medium-end and high-end vehicles. In the next five years, the demand for automotive LiDAR in advanced driver assistance systems (ADAS) applications will grow at a compou...

Shenzhen and Shanghai, China, July 26th, 2022 - Anycubic, a well-known consumer 3D printer brand and JBD, a leading manufacturer of MicroLED displays, announced their collaboration to develop the world's first consumer portable MicroLED 3D printer. It is the first collaboration between the two companies to explore the application and innovation of 3D printing technology.  The MicroLED 3D printer will be equipped with JBD's UV MicroLED Display and the latest adjustable 0.3CC light engine from JBD. The Micro 3D printer comes with a ...

Record second-quarter revenue of KRW 77.2 trillion, operating profit at KRW 14.1 trillion In second half, DS Division to focus on expanding advanced nodes and new applications and DX Division to reinforce premium leadership amid macroeconomic uncertainties Samsung Electronics today reported financial results for the second quarter ended June 30, 2022.   The Company posted consolidated revenue of KRW 77.2 trillion, a record for the second-quarter, and operating profit of KRW 14.1 trillion, a 12% increase from a year earlier. The DS (Device Solutions...

Highest order intake since 2011 / First volume production order for Micro LED / SiC and GaN Power electronics as biggest demand drivers / revenue and profit significantly improved / Growth guidance for 2022 confirmed   Herzogenrath, Germany, July 28, 2022 - AIXTRON SE (FSE: AIXA, ISIN DE000A0WMPJ6), a leading provider of deposition equipment to the semiconductor industry, recorded its highest quarterly order intake since 2011 in the second quarter of 2022. The order intake was driven by broad based demand from nearly all addressed end ...

Popular AR Glasses Rokid Air takes a slice out of the North American Market (Photo: Business Wire) July 22, 2022 09:00 AM Eastern Daylight Time HANGZHOU, China--(BUSINESS WIRE)--Leading AR company Rokid has taken advantage of Amazon Prime Day deals to sell its consumer-grade AR glasses, the Rokid Air resulting in a push into the North American market. With the Prime Day event over, Rokid is aiming to promote their Rokid Air to a wider range of consumers. The Rokid Air are the first pair of consumer-grade AR devices lau...

  The two distinct ultraviolet (UV) LED water disinfection products, PearlAqua Deca™ and PearlAqua AutoMate™ are now available online at lowes.com for point-of-entry and point-of-use applications.   AquiSense Technologies, the world leader in ultraviolet (UV) LED water disinfection systems, is happy to announce it has partnered with Lowe’s to sell their consumer product lines, the PearlAqua Deca and PearlAqua AutoMate online in the US. Lowe’s is one of the largest home improvement suppliers in the US and Canada wit...

Claims cover proprietary placement solutions needed in the advanced display market to efficiently utilize miniLED technology Liberty Lake, Washington – July 25, 2022 – Rohinni, a leading developer of advanced component placement solutions, today announced four new Chinese patent claims related to high-speed placement processes have been awarded. The patents cover the company’s newest placement technology which allows for the placement of semiconductor die at speeds greater than 100Hz with accuracy levels of <10µm. The new patents protect Rohinni&rsq...

Brillian Displays Ideal for Ultra-Bright Full-color Pilot HMD Applications WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin® Corporation (NASDAQ: KOPN), a leading provider of high-resolution microdisplays for Augmented Reality (AR) and Virtual Reality (VR), today announced it received production orders totaling approximately $3.8 million for its new ultra-bright, full-color Brillian Active Matrix Liquid Crystal Display (AMLCD) used by helicopter pilots to display real-time flight and targeting information. Kopin’s paten...