January
1. In response to a significant rise in raw material costs, Sanan Optoelectronics announced an 8% price increase for its S-30MB/S-32BB series products starting January 10, 2017.
2. On January 11, Hengdian Group Debang Lighting Co., Ltd. successfully passed the China Securities Regulatory Commission's review for its initial public offering and planned to list on the Shanghai Stock Exchange with 60 million new shares.
3. Guangsheng Electronics approved the termination of its listing on the New Third Board and adjusted its IPO plans to focus on GEM (Growth Enterprise Market) projects.
4. Mulinsen (002745) announced on January 17 that it would revise the “Xinyu LED Application Lighting Phase I Construction Project,†aiming to build a production base for LED lamps, candle lamps, ceiling lamps, and downlights in Jiangxi’s high-tech zone with an annual capacity of 148.47 million units and an investment of 904.243 million yuan.
5. Liard proposed a non-public share offering, raising up to 1.22 billion yuan, with 860 million allocated for acquiring NP company equity and 360 million for liquidity support.
February
1. LG Innotek introduced the world's most powerful UV-C LED at 70 milliwatts, capable of sterilizing water and air with 1.5 times the power of existing models.
2. Mulinsen shifted from LED lighting products to LED lighting components in early February.
3. HexaTech signed strategic agreements with OSRAM Opto Semiconductors in Germany, covering long-term supply contracts and IP licensing for AlN substrates.
4. Cree discontinued its Wolfspeed Power and RF Division due to U.S. national security concerns, leading to the cancellation of a deal with Infineon.
5. Seoul Semiconductor began mass production of filament LEDs for bulbs, projecting a $1.3 billion market opportunity.
March
1. Osram finalized the sale of Landwells to a Chinese consortium for approximately EUR 500 million, with additional patent licensing revenue expected.
2. A German court ruled that four white LED products from Taiwan-based Qi Technology infringed Nichia’s YAG patent.
3. Qingdao Jiesheng launched 100 mW UVC LED products, following its 10 mW release in 2016.
4. Sanxiong Aurora listed on GEM, raising 1.351 billion yuan through its IPO.
5. Four LED companies made it into the 2017 Hurun Global Rich List with wealth exceeding 10 billion yuan, including San An Lin Xiucheng, Ou Pu Lighting, Mulinsen, and Zhaochi.
April
1. Mulinsen announced plans to build a new LED filament lamp factory in Zhejiang with a capacity of 217.17 million units annually and a total investment of 128,686.21 million yuan.
2. Guangsheng Co., Ltd. listed on GEM with 28.895 million shares traded on April 6.
3. Lidaxin Group launched an intelligent photoelectric lighting industrial park and IoT research town in Changtai Economic Development Zone with a total investment of 3 billion yuan.
4. Huacan Optoelectronics announced a major asset restructuring plan, intending to acquire 100% equity of Harmony Corelight (Yiwu) Optoelectronics via share issuance.
5. Grofund, a top wafer foundry, announced layoffs in its U.S. facility due to order delays.
6. Cree partnered with Sanan Optoelectronics to establish a joint venture for medium-power LED packaging, focusing on the Americas, Europe, and Asia.
May
1. Hongli Zhihui planned to acquire a 51% stake in Danyang Yishan Auto Lamp Equipment Manufacturing for 230 million yuan, with a 218 million yuan commitment over four years.
2. Everlight Electronics filed a patent infringement lawsuit against Nichia and others in Japan, alleging infringement of optical patents.
3. Zhongshan City Stereo Optoelectronics acquired a Japanese Nitto fluorescent film project to promote domestic CSP development.
4. Ganzhao Optoelectronics planned to invest nearly 740 million yuan in red and yellow LED chips and triple-junction GaAs solar cells.
5. Guoxing Optoelectronics launched new infrared/ultraviolet devices for iris recognition, mosquito trapping, and nail art, debuting at the Guangzhou Guangya Exhibition.
June
1. Roundmans announced plans to sell 2.5 billion high-efficiency LED light sources by 2023.
2. Zhaochi planned to set up a project company in Nanchang, investing 5 billion yuan in LED epitaxial wafers and chips.
3. Everlight Electronics sued Purui Optoelectronics in the U.S. for infringing patented technologies.
4. GE Lighting announced discussions on selling its lighting business, signaling a shift in its strategy.
5. A Taiwanese LED factory shifted focus from blue LED to IR and four-element LED production after discontinuing its GaN line.
6. JD.com and Mitsubishi Chemical Holdings initiated collaboration in plant factories, combining vegetable production with advanced cultivation techniques.
July
1. GE planned to stop selling energy-saving CFL bulbs in the U.S. by year-end, transitioning to LED bulbs.
2. Guoxing Optoelectronics invested 44.496 million yuan in equipment to expand its packaged device production and strengthen its market position.
3. Ganzhao Optoelectronics planned to invest 5 billion yuan in two phases in Nanchang, building blue-green chip production bases with monthly capacities of 1.2 million and 600,000 units.
4. Huacan Optoelectronics’ Yiwu Plant, with a 6 billion yuan investment, added 250,000 pieces/month of 4-inch LED epitaxial chip production capacity.
5. Sanxiong Aurora approved expanding its LED Intelligent Lighting Production Base with increased investment and implementation location.
6. Zhaochi Energy-saving Lighting planned to sign an investment agreement with Qingshan Lake District, using capital increases to support a new 1,000 LED packaging line in Jiangxi.
August
1. Philips Lighting launched a new commercial LED PAR30 spotlight to replace 70W ceramic metal halide lamps, featuring excellent heat dissipation and precision.
2. Aoyang Shunchang announced a 1.7 billion yuan expansion project for LED epitaxial wafers and chips.
3. Qiqi Optoelectronics, a Taiwanese LED packaging factory, closed due to poor management and financial issues.
4. OSRAM Opto Semiconductors Wuxi Plant held a groundbreaking ceremony for its second phase expansion, doubling production capacity and adding 2,000 jobs.
5. Hongli Zhihui launched anti-vulcanization “screen seal†LED products using PPL technology to enhance reliability and lifespan.
September
1. Infineon signed a 105 million yuan contract with Huapu Yongming for outdoor LED power supplies.
2. Zhaochi revised its fund usage, redirecting 1 billion yuan from cloud platform projects to an LED epitaxial chip production project.
3. Guangdong Ganhua sold Deli Optoelectronics for 687 million yuan, effectively exiting the LED business.
4. Zhaochi Energy-saving Lighting began mass production of its first 100 of 1,000 LED production lines on September 15.
5. Sanxiong Aurora appointed Li Chen as its new brand spokesperson, marking a new stage in brand development.
October
1. Siemens sold 17.34% of OSRAM shares for about 1.2 billion euros, ending a long-standing relationship.
2. Jiangsu Changshu Inspection and Quarantine Bureau cleared nitride phosphors for export to the U.S.
3. Liangyou Hardware, a subsidiary of Hongli Zhihui, raised funds to build LED bracket and optical lens production projects in Nanchang.
4. OSRAM opened a new plant in Bulgaria, producing smart lighting solutions for the European market and employing 900 people locally.
5. Huacan Optoelectronics announced the construction of its LED Epitaxial Wafer and Chip Phase IV Project in Zhangjiagang, Jiangsu.
6. Philips Lighting participated in Alibaba’s Yunqi Conference, showcasing smart connected lighting applications for smart cities.
November
1. Philips Lighting formed a strategic partnership with China Telecom Beijing, integrating smart connected lighting with NB-IoT and Tianyi Cloud technologies.
2. TUV Rheinland released the “2017 LED Lighting Industry White Paper†to guide industry players in understanding market trends.
3. Dehao Runda issued 368 million shares in a non-public offering, raising about 2 billion yuan for various investors.
4. LEDVANCE reported laying off around 90 employees in the U.S. due to market transformation toward LED.
5. OSRAM and Continental announced a joint venture, Osram Continental GmbH, to develop intelligent automotive lighting solutions.
6. Huacan Optoelectronics applied to resume its asset restructuring review, continuing the acquisition of MEMSIC, Inc.
7. Longda LED factory in Anhui announced a 250 million yuan investment to expand its facility, targeting 2019 with a focus on automotive, UV, and IR applications.
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