The scale of the Chinese LED package market grew 19% year on year to US$8.6 billion in 2014, according to the 2015 Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of the Chinese LED package market will slow down in the next few years as LED prices continue to fall.
The fabless IC design industry during the first half of this year has not performed well due to lower-than-expected shipments of end products such as smartphones, PCs and notebooks. However, the market is hoping that the situation will improve with the coming peak season in this year’s second half.