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The scale of the global market for commercial LED lighting continues to grow with the development outlook for light tubes and troffer/panel lights very positive, says LEDinside, a division of TrendForce. The latest analysis by LEDinside in its Silver Member Report: Commercial Lighting Sector’s Light Tubes and Integrated Luminaires estimates that the scale of the global market for all LED lighting products will reach US$25.65 billion in 2015.
The newest display panel shipment report from WitsView, a division of TrendForce, reveals that the combined shipments of the six largest panel makers in April totaled 19.68M units, an 8% monthly decline but a 5.4% increase compared with the same period of the previous year. Among them, only SDC maintained about the same shipment level as with the previous month, whereas the other five saw shipment decline.
Mobile payment has quickly taken off since the launch of Apple Pay, and many tech companies are vying to establish a dominant role in this emerging industry. Aside from having a sustainable business model, the widespread acceptance of mobile payment is critical for a service provider in generating a steady profit. A report from Topology, a division of TrendForce, states the global shipments of mobile phones with near field communication (NFC) feature reached 400 million units in 2014.
China’s domestic PV demand continues to rise in May. Hence, the leading PV companies are now expanding their businesses into the downstream sector, focusing on PV system in particular. This in turn drives the capacity expansion efforts along the entire supply chain, according to EnergyTrend, a division of TrendForce.