Bridgelux Inc., a maker of light- emitting diode, or LED, lighting technologies, received $60 million in financing led by Craton Equity Partners

Hitachi, Ltd. will pull the plug on TV production before the current fiscal year ends next March as it has suffered deteriorating profitability amid intensifying price competition with South Korean and other foreign rivals, the company said Wednesday.

Best Buy will begin selling Insignia Internet-enabled TVs with TiVo-powered interfaces and Chumby online widgets.

LED Roadway Lighting will supply 2580 SSL street lights to Edmonton, Canada, Kingsun Optoelectronic completes LED highway lighting project in Shenzhen, China, and Las Vegas and UK SSL updates.

LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched what it claims is the first system-level LED downlight for the international 80-100mm MR16 market. A direct replacement for the 50W MR16-based fixture, the CR100 downlight surpasses its counterpart in brightness and efficacy.

China's LED industry has seen significant development after the initiation of the National Semiconductor Illuminating Project in 2003, says Beijing-based CCID Consulting Co Ltd.

Panasonic Corp., Sony Corp., and Sharp Corp. all bled red ink for the April-June quarter as a result of the March 11 disaster, according to results released Thursday.

Solar panels integrated on LED area-light poles feed power onto the grid during daytime peak electrical usage to compound the energy savings of SSL technology.

New SSL street-light projects in Boston, MA and Weston, FL utilize Philips Hadco and Roadway luminaires, and Philips SpeedStar luminaires serve in a UK pilot.

3M Co. said Tuesday that its second-quarter profit grew 3.4 percent. That's not bad, but it would have risen more if not for the earthquake in Japan and a big slowdown in its business making coatings for LCD television screens.

Expectations for global TV shipments have been cut by three percent as demand for LCD screens in developed nations drops.

Corning Inc lowered its global forecast for the glass market and warned that manufacturers including Sony Corp and Samsung are cutting their TV sales forecasts as fewer consumers are expected to buy their sets this holiday, sending shares down nearly 7%.

LG Electronics Inc. said Wednesday its second-quarter net profit fell 87% from a year earlier due to sharply lower investment gains from its flat-panel making unit and squeezed operating margins at its home appliance and air-conditioning businesses.

LED lighting technology pioneer Dialight hoisted first half revenues by 12% - then predicted it can exceed expectations for the full year.

The next generation of solar cells may be printed on ordinary paper.

GE Lighting announced it has signed an agreement to acquire Lightech, a privately held, advanced lighting technology leader based near Tel Aviv, Israel, with commercial teams in Europe, the U.S. and Asia.

Samsung Electronics has retained its unrivaled leadership in 3D TV both in North America and Europe where TV makers compete fiercely.

Light bulbs haven't been sexy tech since Thomas Edison's day, but innovation has come to an industry that has seen relatively little of it for a century. Today, the lighting industry is in a remarkable state of flux, and much of it has been driven by government action.

The iPhone 4's super-crisp Retina Display will not remain an Apple exclusive, according to LG Display chief executive Kwon Young-soo

Osram Opto Semiconductors says its new infrared III-V CHIPLEDs are ideal for small and medium size touch displays.

LG Display Co., the world's second-largest maker of liquid crystal display (LCD) panels, reported Thursday a third straight quarterly operating loss for the second quarter as consumers held back TV purchases on an uncertain economic outlook.

Global sales of LCD televisions this year will be well below earlier market estimates of 220 million units, flat-screen maker LG Display's chief executive said, due to economic uncertainty.

Japanese consumer electronics giant Sharp Corporation and Taiwan's Hon Hai Precision Industry Ltd - more famously known for its subsidiary Foxconn which manufactures some of the world's most popular products including the iPhone and iPad for Apple, as well as the Playstation 3 (PS3) for Sony - have joined forces to cut the costs of LCD TV panel supply. Both parties hope that this alliance will enable them to compete more effectively against South Korean rivals like Samsung and LG.

That Apple is making a follow-up to the iPad 2 is no surprise. That it might be sourcing one of the most important components from a company it's currently involved in a massive legal spat with makes for an interesting story.

Prices of LED lamps and luminaires have almost halved in the past 6-9 months, thanks to a fall in global prices of their chips and local production by Philips.

General Electric Co. has provided capital, alongside other investors, to Nuventix, the creator of an LED cooling technology for energy-efficient lighting.

At the Semicon West trade show, ESI announced an ascribing system that maximizes LED light output, a packaging system that utilizes a laser to drill vias in the die, and a tester than can handle 48,000 LEDs per hour.

Samsung Electronics and LG Display, the world's two largest makers of liquid crystal displays (LCDs), are close to securing big orders from Apple, industry sources said.

Samsung showed off its 2011 monitor lineup and I definitely came away impressed. From movies, to gaming, to professional needs and business, Samsung is swinging a large swath in a very wide arc, but based on my time with its offerings, I can say it is not slipping on quality.

In an effort to increase its competitiveness in the North American consumer market, Toshiba Corp. (Tokyo: 6502) is selling its Chihuahua, Mexico-based LCD production facilities to PC manufacturer Compal Electronics Inc. The announcement, made in a press release today, comes on the heels of market reports that LCD TV demand in North America is "alarmingly" weak, despite increasing prices for LCD panels worldwide.