According to LEDinside, a research division of TrendForce, in July 2013, the total revenues of LED companies listed on Taiwan’s stock market reached NT$ 10.95 billion (US$ 366 million), with a Year on Year (YOY) increase of 24.9% and a Month-Over-Month (MOM) growth of 4.24%.
Starting from 2012-2014, bans on incandescent lights has led to the gradual entry of LED products in the residential lighting markets, according to a latest search report by LEDinside, a research division of TrendForce.
In 2013, LED package industry in China still grows very fast. Take Refond, a representative company of medium-large size LED package manufacture, for example, their revenue in the first half of 2013 meet RMB 294 millions, 67% higher on a year-on-year basis.
The global 40W equiv. LED lamps Average Selling Price (ASP) dropped 2.7% to USD 15.6 in June 2013, according to a recent LED lamp retail survey by LEDinside, a research subsidiary of TrendForce. Overall regional market prices continued to fall steadily, in which China’s decline was the most evident.
In accordance with statistics in Gold membership reports of LEDinside, Green Energy Division of the Global market research firm TrendForce, thanks to strong demand in the global LED lighting market in the first half of this year, the utilization rate of MOCVD machines that the major chip manufacturers have installed