The prices of high-power LED package products in the Chinese market continued to drop in October 2018, according to LEDinside, a division of TrendForce.
According to the latest report - New Display Technology Cost Analysis - by WitsView, a division of TrendForce, Mini LED technology has made constant process over the past year, with a significant increase in production output (in unit per hour, UPH) and die bond accuracy. Looking ahead to 2019, WitsView expects a high possibility of the mass production of products with Mini LED backlighting. The processing costs of display units may increase by 20%~100% depending on the number of Mini LED used.
Prices of mainstream LED package products in the Chinese market dropped slightly in September, according to the latest price report released by LEDinside, a division of TrendForce.
In this release, TrendForce provides predictions of the information and communication technology industry for 2019, focusing on 10 key themes. Some of these themes continue from last year but will show significant evolution in the upcoming year.
According to LED Industry Demand and Supply Data Base, the latest report by LEDinside, a division of TrendForce, the global LED industry is projected to reach a market value of US$ 18.796 billion in 2018, with an increase of 4% YoY, lower than LEDinside’s earlier forecast of 11%. The market is slowing down as the oversupply situation contributes to LED price declines, together with the impacts of escalating trade war on demand in the end market.