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The emergence of online and mobile shopping in China has changed the distribution structure of many industries, including the lighting industry. Due to the popularity of LED lighting products on online shopping platforms, the LED lighting market scale could go up on a yearly basis. At the latest, the proportion of lighting products sold through online channels is expected to reach 30% in 2017, according to "2015 Chinese Lighting E-Commerce Market Analysis" released by LEDinside, a subsidiary of Trendforce.
China's GDP showed tremendous growth over the years thanks to the country's positive market developments and economic policies. The business potential of the country's massive consumer market also grew as PC, smartphone, and tablet manufacturers began setting their sights on the country.
Japanese electricity companies are temporarily scaling back their involvement with solar projects as solar supply outstrips demand, threatening to wreak havoc in the market, according to EnergyTrend, a division of the Taiwan-based market intelligence firm TrendForce.
Samsung, SK Hynix and Micron, the world’s top three global memory manufacturers, boosted production capacity in the third quarter to meet Apple’s immense demand for mobile memory as it launched the iPhone 6, according to DRAMeXchange, a division of the Taiwan-based market intelligence firm TrendForce. The reduction in commodity DRAM production caused contract prices to rise, and commodity memory products had the highest margins in the third quarter.