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TrendForce: Q3 LED lighting demand flat, market sees intense price competition

2 September 2014

In the third quarter, when LED market activity typically slows, LED backlighting prices declined an average of 3-8% as demand fell. Meanwhile, LED demand for lighting applications remained flat, but price competition in the overall LED market, remained fierce, as prices fell 6-12%, according to LEDinside, a subsidiary of the Taiwan-based market intelligence firm TrendForce.

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