According to LEDinside, the LED research division of TrendForce, listed Taiwanese LED firms’ revenues in August totaled NT$9.49 billion, a 2.64% MoM increase and a 7.6% YoY increase. LED Backlight Market Demand in China Surging
Due to China’s strong policy support and huge market, Chinese LED market has always been a major focus of the industry. Recently China’s annual solid-state lighting product subsidy bidding process results have been announced.
According to the latest price survey by LEDinside, the LED research division of TrendForce, global LED light bulb ASP saw a mild decline in July 2012.
According to LEDinside, the LED research division of TrendForce, major lighting markets in the world have been affected by the European debt crisis in varying degrees.
According to LEDinside, the LED research division of TrendForce, despite the rush orders during 2Q12 which kept LED chip and package makers’ utilization rates high, the 3Q12 outlook for LED backlight market turns murky due to the European debt crisis and the weak demand in China.