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Prices of LED chips and packages in China rose again during the final week of this August mainly on account of the strong demand from the fine-pitch LED display market, reports LEDinside, a division of TrendForce.
According to the 2016 Global Lighting Market Report by LEDinside, a division of TrendForce, four LED specialty lighting applications that are attracting growing interests include horticultural lighting, surgical lighting, marine/harbor lighting and smart lighting. The combined market scale of these four applications is estimated to grow from US$4.36 billion in 2016 to US$16.4 billion in 2020, with the CAGR during this forecast period reaching 30%.
In response to the rising demand for mobile payment, Samsung’s latest flagship smartphone Galaxy Note 7 includes iris recognition as a standard feature that assists in user authentication. The arrival of Galaxy Note 7 is expected to trigger a new round of hardware competition among smartphone brands as they will also likely to incorporate iris recognition into their flagship devices. According to the latest analysis from LEDinside, a division of TrendForce, iris and facial recognition features will gradually become prevalent in mobile devices. LEDinside further estimates that in 2020, global shipments of mobile devices with the iris and facial recognition features will reach 400 million units. By that time, the market value of infrared LEDs (IR LEDs) for iris and facial recognition will total around US$250 million. Thus, biometric recognition has become one of the most potentially profitable applications for IR LEDs.
LEDinside, a division of TrendForce, reports the global average sales prices of 40-watt and 60-watt equivalent LED light bulbs in July fell 0.7% and 0.6% versus the prior month, respectively, to US$9.5 and US$12.9.
Following LCD and AMOLED, micro-LED has emerged as the next-generation display technology that is expected to be deployed widely in various applications. Increasing interests from electronics giants Apple and Sony during the recent period have encouraged further investments in micro-LED and accelerated the timetable for its commercialization. The latest analysis from LEDinside, a division of TrendForce, forecasts that micro-LED displays for smart wearable devices will enter the mass production stage in 2018. The technology will become available for smartphones later in 2020.
