According to the latest research by TrendForce, the market of automotive mmWave radar expects rapid growth with the shipment estimated at 65 million units in 2018; the CAGR is expected to be 15% from 2018 to 2023. The growth momentum comes from China’s adoption of C-NCAP, a car safety assessment program, and NHTSA’s new regulation that makes automatic emergency braking system as a standard feature for new cars.
The prices of mainstream LED package products remained stable in the Chinese market for June 2018, says LEDinside, a division of TrendForce.
Micro LED displays and Mini LED backlight technology have been the focus of spotlight in this year’s exhibitions of consumer electronics and display technology. Major manufacturers including Samsung, Sony, and AUO have showcased related conceptual products. It is also said that Samsung may mass-produce ultra-large Micro LED TVs, driving more manufacturers to invest in Mini LED R&D. According to the latest report of LEDinside, a division of TrendForce, the market value of Micro LED and Mini LED products is estimated at US$1.38 billion by 2022.
The prices of mid-power LED package products in the Chinese market remained stable in May 2018, while high-power 3030 LED package products saw slight price drop, says LEDinside, a division of TrendForce.
According to LEDinside’s 2018 Infrared Sensing Application Market Report, pulse oximeter heart rate sensors have been widely introduced into smartwatch and wristband markets, pushing the demand for infrared optical components. Apple is expected to increase the accuracy of pulse oximeter heart rate sensors in its new-generation Apple Watch, thus may double the amount of green LEDs and infrared LEDs used in the products. The amount of photodiode needed for the new products may be four to five times more than in previous models, and the photodiode will also be larger in size.