Following the spin-off of Osram from Siemens, global lighting giant Philips recently announced it would split off its lighting business into a stand-alone company on September 23. That move follows an announcement in June that Philips would combine Lumileds, its LED components business and automotive lighting business into a separate company.
In the third quarter, when LED market activity typically slows, LED backlighting prices declined an average of 3-8% as demand fell. Meanwhile, LED demand for lighting applications remained flat, but price competition in the overall LED market, remained fierce, as prices fell 6-12%, according to LEDinside, a subsidiary of the Taiwan-based market intelligence firm TrendForce.
The new agreement between leading U.S. LED manufacturer Cree and Taiwan electronics firm Lextar, which stipulates Cree will invest $US 83 million in the Taiwanese firm, comes as a surprise, according to LEDinside, a subsidiary of the Taiwan-based market research firm TrendForce.
The quickly spreading LED lighting market has attracted international manufacturers to enter China’s LED package market, according to the latest “China’s LED Package Industry Market Report 2014” by LEDinside, a subdivision of global market research organization TrendForce. In 2013, the Chinese LED package market value was up 20% Year-on-Year (YoY) to US$7.2 billion. Top 10 ranking manufacturers in the industry clinched a combined market share of 43.6%.
Despite Apple’s plans of launching the new generation of iPhone in late 2014, optical demands in handheld devices failed to generate price upticks in the sapphire substrate industry, according to LEDinside.
