Apr. 1, 2024 ---- TrendForce’s latest LED industry report indicates that the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a YoY growth of 3%. This resurgence is primarily driven by demand across various sectors, including automotive ligh...

According to TrendForce’s report “2024 Deep UV LED Market Trend and Product Analysis", the UV LED market value is expected to reach USD 309 million in 2028, thanks to application expansion to fields such as curing, medical, disinfection/purification, photocatalytic air purification,...

According to TrendForce’s latest report “Gold+ Member: Global LED Market Demand and Supply Database and LED Industry Quarterly Update”, the market value of LEDs shrunk to USD 12.608 billion in 2023 due to multiple negative factors such as sluggish end-market demand, slow inventory ...

Mar. 4, 2024 ---- TrendForce’s latest reports indicate a significant turning point for the LED lighting market in 2024, as an estimated quantity of 5.8 billion LED lamps and luminaires reach the end of their lifespan. This milestone is set to trigger a substantial wave of secondary replacement...

On February 28th, as per the ams OSRAM's press release, it has announced the unexpected cancellation of its Micro LED key project. The company will reevaluate its related strategies and provide initial estimates of the impact on its mid-term operations. As ams OSRAM announced the unexpected cance...