Prices of mainstream LED package products in the Chinese market dropped slightly in September, according to the latest price report released by LEDinside, a division of TrendForce.
In this release, TrendForce provides predictions of the information and communication technology industry for 2019, focusing on 10 key themes. Some of these themes continue from last year but will show significant evolution in the upcoming year.
According to LED Industry Demand and Supply Data Base, the latest report by LEDinside, a division of TrendForce, the global LED industry is projected to reach a market value of US$ 18.796 billion in 2018, with an increase of 4% YoY, lower than LEDinside’s earlier forecast of 11%. The market is slowing down as the oversupply situation contributes to LED price declines, together with the impacts of escalating trade war on demand in the end market.
Major LED package products in the Chinese market have seen noticeable price declines in August, according to the latest report from LEDinside, a division of TrendForce.
The prices of mainstream LED package products remained stable in the Chinese market for July 2018, says LEDinside, a division of TrendForce.