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In 2013, the LED package market value was US$ 12.5 billion and is expected to reach US$ 13.39 billion (Year-on-Year +7%) in 2014, according to a LEDinside gold report. Tablets and smartphones are still highlights of the LED market in 2014. The two applications have shown stable growth as it benefited from increased resolution and market demands.
According to the large-sized panel shipment survey by WitsView, the display research division of the global market intelligence provider TrendForce, the large-sized panel shipment for August 2013 attained 70.11 million units, rising 11% MoM.
According to DRAMeXchange, a research division of TrendForce, the fire accident experienced by SK Hynix's Wuxi Plant on September 4 is now revealed to have originated from its Chemical Vapor Deposition (CVD) machinery.
Affects from the termination of China’s Home Appliance Subsidiary Programs in 1H13 caused LED backlight market demands to ease in June and July this year, according to LEDinside, a green energy research subsidiary of global research institute TrendForce.
According to a survey co-conducted by WitsView, the display research division of the global intelligence provider TrendForce, and AVANTI, the consumer behavior research company in China, the Chinese consumers’ willingness for TV replacement is shown in the data below: