China’s massive efforts to develop a domestic DRAM industry have become more apparent since the country’s Ministry of Industry and Information Technology (MIIT) announced the establishment of the National Integrated Circuitry Industry Investment Fund on October 14, 2014.
The latest research by LEDinside, a division of TrendForce, sees a significant growth for the infrared (IR) LED market in the near future. LEDinside’s 2Q15 Gold Member Report - 2015 Global LED Supply and Demand Market provides a clear outline on the IR LED’s wide range of applications, such as imaging sensors, motion sensors, light sensors, proximity sensors, position detection systems, biometric recognition systems, and heart rate and blood oxygen monitors.
LEDinside, a division of TrendForce, projects the scale of the infrared (IR) LED market for the surveillance application during the entire year of 2014 to reach US$94 million in its 2Q15 Gold Member Report - 2015 Global LED Supply and Demand Market. This recently released analysis also estimates IR LED market scale in surveillance application will furthermore come to US$120 million for 2015.