NVC Lighting collaborated with police forces and Industry and Commerce Bureau to arrest fake lighting gangs and caught a couple of them in Shenzhen, Beijing, Shijiazhuang, Shanghai and other places, according to a Weibo entry written by NVC Lighting Sichuan Regional Manager. 

Everlight’s Chairman Robert Yeh refuted market rumors claiming the company had received Philips OEM orders, according to a money.udn’s report.

Lowered LED bulb prices by Cree in 2013 proved effective. The low price policy not only successfully drove sales for LED bulbs but also lead to stock prices doubling for 2013. Goldman Sachs newest report lists four major reasons for its positive outlook on Cree, which include incandescent bulbs exiting the market en masse, rebound in U.S. commercial construction projects, North American green building demands, and Cree’s increasing penetration rate in the Chinese LED market.