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LEDinside, a division of TrendForce, reports that some high and mid-power LED package products in China's market witnessed slight price drop in January 2018 as suppliers were trying to clear inventory at the year end.
Apple’s upcoming launch of HomePod has intensified the competition in smart speaker market. According to TrendForce, Amazon Echo still tops the ranking of smart speaker products in 2018 with a market share in shipment of 50.8%, although down from 69.1% in 2017. The share of Google Home is projected at 21.6%, ranking the 2nd. The new Apple HomePod is expected to reach a share of 8.9%, while the numbers for Alibaba’s and Xiaomi's smart speakers will be 6.3% and 5.1% respectively.
Self-driving taxi services that combine ridesharing and autonomous vehicles have undergone road tests in 2017, and most companies expect to launch their commercial self-driving taxi services formally in 2021, which will tremendously change the future of transport. TrendForce estimates the CAGR of self-driving taxis to reach 81% from 2018 to 2023.
According to the latest report of WitsView, a division of TrendForce, global shipments of branded LCD TV sets for 2017 totaled 211 million units, a decrease of 4.1% compared with prior year. This is a new low since 2014, indicating a bottleneck in the development of TV industry. In 2018, TV brands will focus on large-size, high-resolution products, and also develop high-end products like QLED and OLED TVs, hoping to push sales and regain profits by specifications upgrade.
EnergyTrend, a division TrendForce, has recently published a new report Market of Advanced PV Technology. According to the report, requirements outlined in China’s Top Runner Program (3rd phase) will drive solar PV companies to improve efficiency in order to win the biddings on projects. This will further accelerate the development of next-generation solar cell technologies such as N-type.
