According to a survey conducted by LEDinside, a research division of TrendForce, because of the subsidy policies enacted by local governments in 2010, Chinese LED chip makers planned to expand their capacity and increase the amount of MOCVD equipment to target at the prospects of the LED lighting market in 2011.
The global market has suffered from debt crisis in Europe, slow economic recovery in Northern America, earthquake in Japan, and inflation issues all over the world leading to apparent lack of consumer confidence. Except for the outstanding market growth of Tablet PCs, market demands for LCD TV, LC monitor, and Notebook PC all appear to be weak.
According to the observation on slim products by the research institution WitsView under TrendForce, along with the hot sales of Tablet PCs and mid-to-small size products, thinner and lighter product design has gradually become the mainstream driving to the demand for slim panels.
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According to LEDinside, the LED research division of TrendFroce, the total monthly revenue of Taiwanese LED companies listed on TWSE reached NTD 9.23 billion in June 2011 (MoM-6.17%, YoY-10.9%).