A research team from Sheffield University has recently published there latest findings of growing LEDs on semi-polar GaN or sapphire on Applied Physics Letter recently.

Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2015 fourth quarter and year ended March 31, 2015, highlighted by higher revenues driven by accelerating LED sales and gross margin expansion.

Goldman Sachs latest global LED industry report pointed out decreasing LED lighting products are driving LED lighting market growth. Goldman Sachs believes LED and general lighting demands have climbed up 70% and 40% respectively in 2013 and 2014. The financial institute upheld its previous outlook that LED lighting penetration rate will reach 70% by 2020, but indicated future lighting demand growths will be much faster than expected.