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According to EnergyTrend, a research division of TrendForce, the intensive pricing competition in the PV market has gradually come to an end. Due to the increased demand in the emerging markets, solar system demand in 2014 is likely to rise substantially.
The LED lighting market value will soar 47.8% to reach US$35.3 billion by 2014, compared to 2013, according to projections by LEDinside, a green energy research subsidiary of Trendforce. In addition, LED lighting penetration rates are expected to increase 32.7%, with bulb and tube penetration rates at 20% and 15% respectively. To meet new LED bulb and tube market demands in 2014, an estimated 250 MOCVD equipment will be required, according to Jack Kuo, Senior Analyst, Trendforce.
Major Chinese and Taiwanese LED manufacturers will be sharing industrial insights at the sixth “LEDforum Taipei 2013” to take place at the Evergreen International Convention Center in Taipei, Taiwan on Oct. 16-17, 2013. Organizers of the event, TrendForce and its subsidiary 21LED Online have invited China’s leading LED chip manufacturer San’an Optoelectronics Vice President Simon Lin, Laurence Lin, Marketing and Sales General Manager of large Chinese LED packager MLS Co., and many others to share their observations on the LED industry, and carry out technology interchange at the forum. In addition, important speakers at the event will include Epistar Chairman B.J. Lee, and many high ranking managers from major U.S. and European manufacturers. Key company decision makers will be making an appearance. Participants are welcome to celebrate this important annual event.