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WitsView, a division of TrendForce, reports global shipments of LCD TV sets in the third quarter of 2016 totaled around 57.15 million units, representing a sequential quarterly increase of 14.4% and a year-on-year increase of 5.8%. TV set shipments benefitted from peak season demand in the U.S. and Europe as well as festivities in China (i.e. the Mid-Autumn Festival and the National Day holidays). China’s vigorous housing market also has a positive effect on the domestic TV sales in the recent period.
The value of the global market for UV-C LEDs used in sterilization and purification equipment will grow at a CAGR of 56% from US$28 million in 2016 to US$257 million in 2021, according to the 2016~2021 UV LED and IR LED Application Market Report by LEDinside, a division of TrendForce. The UV-C LED technology is expected to advance rapidly as an increasing number of major LED suppliers are scheduled to launch related products towards the end of 2016.
Prices of LCD panels for smartphone displays will remain high to the end of 2016 as there is no letup in demand, according to the latest analysis by WitsView, a division of TrendForce. Prices of mid-range and low-end smartphone panels have risen for three consecutive quarters this year. Moreover, strong short-term demand for mid-range and high-end smartphones with FHD resolution screens are also pushing up prices of FHD Cell panels.
Precision medicine is one of the hottest field within the biotechnology sector and has attracted considerable investments by national governments worldwide. The basis of development in the field of precision medicine is gene sequencing. “Owing to major initiatives in many countries, the global market scale of next-generation sequencing (NGS) instruments and reagents will expand rapidly at a CAGR of 13.5% in the 2015~2020 period, from US1.8 billion to US$3.35 billion,” said Sean Liu, biotechnology analyst for TrendForce.
Global market research firm TrendForce reports the production volume of smartphones worldwide totaled around 350 million units in the third quarter of 2016. This figure represents a sequential quarterly increase of 10.4%, which is a new high for the year.
