China’s domestic PV demand continues to rise in May. Hence, the leading PV companies are now expanding their businesses into the downstream sector, focusing on PV system in particular. This in turn drives the capacity expansion efforts along the entire supply chain, according to EnergyTrend, a division of TrendForce.
Major Chinese panel makers BOE Technology Group Co. (BOE), China Star Optoelectronics Technology (CSOT), and Nanjing CEC-Panda LCD Technology Co. (CEC-Panda) will begin mass production on their new Gen 8.5 fabs at the start of this year’s second quarter, according to the latest observation from WitsView, a division of TrendForce.
The LED package prices continue to fall in the second quarter, according to the latest price report from LEDinside, a division of TrendForce. Compared with the prior quarter, the average LED price for the lighting application products has fallen by 1~9%, excluding the package specification 2835.