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Major LED package products in the Chinese market have seen noticeable price declines in August, according to the latest report from LEDinside, a division of TrendForce.
The prices of mainstream LED package products remained stable in the Chinese market for July 2018, says LEDinside, a division of TrendForce.
According to the latest research by TrendForce, the market of automotive mmWave radar expects rapid growth with the shipment estimated at 65 million units in 2018; the CAGR is expected to be 15% from 2018 to 2023. The growth momentum comes from China’s adoption of C-NCAP, a car safety assessment program, and NHTSA’s new regulation that makes automatic emergency braking system as a standard feature for new cars.
The prices of mainstream LED package products remained stable in the Chinese market for June 2018, says LEDinside, a division of TrendForce.
Micro LED displays and Mini LED backlight technology have been the focus of spotlight in this year’s exhibitions of consumer electronics and display technology. Major manufacturers including Samsung, Sony, and AUO have showcased related conceptual products. It is also said that Samsung may mass-produce ultra-large Micro LED TVs, driving more manufacturers to invest in Mini LED R&D. According to the latest report of LEDinside, a division of TrendForce, the market value of Micro LED and Mini LED products is estimated at US$1.38 billion by 2022.
