According to LEDinside, a research division of TrendForce, the revenues of Taiwanese listed LED manufacturers totaled NT$ 7.434 billion (MoM-3.41%, YoY-11.3%). Most companies have made lowering their inventory levels the first priority.
According to the price survey conducted by LEDinside, a research division of TrendForce, the LED light bulb prices for 60W incandescent light bulb replacement underwent a drastic drop of 9% in October; the price dropped by 10% in America and hit a low of US$ 24.97, with the average selling price (ASP) declining to US
Philips Lumileds: LED Innovations in Next Generation Lighting
The LED industry outlook is fast-changing, currently facing oversupply after its growth surge over the recent years.
LED-related technologies have been developing rapidly over the recent years, and the industrial chain has been focused on innovative applications. The financial crisis in 2011 not only triggered rapid changes in the global LED market but it also added factors of uncertainty for the LED industry.