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China has become a major battleground for local and international LED package suppliers as the competition in the global LED market continues to intensify. The 2016 Chinese LED Chip and Package Industry Market Report by LEDinside, a division of TrendForce, finds Nichia held on to its position as the revenue leader in the Chinese package market for 2015, while Lumileds rose to second place and MLS followed at third.
The scale of China’s LED package industry grew just 2% annually to US$8.8 billion in 2015, according to the 2016 Chinese LED Chip and Package Industry Report by LEDinside, a division of TrendForce. The weak performance of the Chinese LED industry last year was mainly attributed to the global economic slowdown.
LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of 40-watt equivalent LED light bulb stood at US$9.6 in May, translating to a monthly drop of 1.6%. The global ASP of 60-watt equivalent LED light bulbs in same month also fell 1.4% compared with April to US$12.9.
The combined shipments of smartwatches and smart bands will reach 7.5 million units this year, and 90% of which will be equipped with optical sensor components used for pulse rate monitoring, according to the 2016 UV LED and IR LED Application Markets Report by LEDinside, a division of TrendForce. Shipments of smartwatches and smart bands together will total 170 million units by 2020, and all of them are expected to incorporate optical sensor components.
The global average sales price (ASP) of 40W-equivalent (equiv.) LED light bulbs fell 5.9% in April compared with the prior month, arriving at US$9.7, while the ASP of 60W-equiv. LED light bulbs fell 7.2% to US$13.1. LED light bulb prices in China have been on a downtrend because of sales activities related to the Chinese Labor Day holiday period, said Allen Yu, analyst for LEDinside, a division of TrendForce.
