The scale of the global market for chip-on-board (COB) LEDs used in the lighting application will reach US$580 million in 2016 and exceed US$700 million in 2021, achieving a CAGR of about 4% during the forecast period. This figure includes COB products belonging to ceramic and EMC packages. The above data and additional details can be found in the 2016~2021 Global LED Industry Demand and Supply Database Report by LEDinside, a division of TrendForce.
The global capacity of large-size LCD panels by area is projected to grow 6.6% annually to reach 208 million square meters in 2016, reports WitsView, a division of TrendForce. The supply of LCD panels this year has been disrupted by the February earthquake in Taiwan and Samsung Display’s problems with transitioning to a new manufacturing process. WitsView further forecasts that the global large-size LCD panel capacity for 2017 is set to grow at the slowest pace since 2014 at an annual rate of just 3.9%, totaling 216 million square meters.
Samsung’s stunning announcement to stop all sales and exchanges of Galaxy Note 7 is expected to cause noticeable changes in shipments of major smartphone brands, according to the global market research firm TrendForce. In the large-size smartphone market, Samsung’s competitors such as Apple, Huawei, Vivo and OPPO are expected to snatch up the demand that was initially going to Note 7.