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According to LEDinside, a research division of global market research company TrendForce, affected by global economic downturn and a decline of orders visibility, LED price for TV backlight applicationprice has fallens by 5-7% in Q4’12.
Thanks to the replenishment demand from brand vendor in 3Q12, the production value for October has shown a respective performance compared to the same period of last year.
According to a report on the global lighting industry made by the LEDinside, a subsidiary of TrendForce, an international research institute, the LED market value for LED lighting application market in 2012 is 2.66 billion US dollars, which was 23.5% higher than that in 2011.
LED has been penetrated into a wide range of applications such as lighting and TV, thanks to the rapid price fall and aggressive push among vendors. Despite the LED market is still growing steadily in terms of demand, corresponding market growth slows down amid excess capacity build. LEDinside expects the LED package industry to grow only 9.6% YoY at US$11.27 billion in 2013.
According to LEDinside, the LED research division of TrendForce, listed Taiwanese LED firms’ revenues in August totaled NT$9.49 billion, a 2.64% MoM increase and a 7.6% YoY increase. LED Backlight Market Demand in China Surging
