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keyword:Allen Yu46 result(s)

Press Releases
Global LED Package Market Value Reached US$17.65 billion in 2021 with Nichia Ranking First, Says TrendForce

2022/06/02

LED

According to TrendForce's latest LED report, as a slowing pandemic drove the recovery of various global economic activities, global LED market value beat market expectations in 2021, reaching US$1765 billion, or 154% YoY From the revenue ranking of LED manufacturers, most constituents benefited from the rebound in market demand and showed significant revenue growth with the top three manufacturers accounting for 295% of the market Nichia's backlight LED business revenue declined due to increasing OLED penetration However, driven by the rapid growth of revenue in the flash LED, automotive LED, and general lighting markets, overall revenue continued to grow steadily, ranking Nichia first in the world Exemplified by stable product quality, excellent light efficiency, and cost-effectiveness, ams OSRAM is regarded as a first choice supplier for high-end automobiles and new energy vehicles (NEV) worldwide In addition, benefiting from orders for horticultural lighting and infrared sensing, its revenue ranks second in the world Samsung LED also benefited from improved sales in automotive lighting, horticultural lighting, general lighting, and Mini LED backlights, ranking third Among these products, Samsung Lighting LEDs are positioned in the high-end market In high-end markets such as Europe and the United States, Samsung LED’s market share is gradually expanding due to its advantages in quality and patents It is worth mentioning that Samsung LED's horticultural lighting orders also showed rapid growth, driving its whole lighting LED business revenue to rank first in the world The remaining top ten LED manufacturers are rounded out by Seoul Semiconductor, Lumileds, MLS, Everlight, LITEON, Nationstar, and Hongli Seoul Semiconductor took advantage of revenue growth from large-size backlights, automotive LEDs, and lighting LEDs Lumileds also performed well in the fields of automotive LEDs and lighting LEDs, and continued to launch a variety of LEDs for commercial lighting, horticultural lighting, and architectural lighting to seize market share MLS, Nationstar, and Hongli have significantly increased their revenue in the display LED and lighting LED markets Everlight and LITEON continue to develop photocoupler, infrared sensing, and consumer electronic indicator LED products Looking at performance in 1H22, TrendForce indicates, despite the gradual recovery of demand in Europe and the United States, the Russian-Ukrainian war continued to drive raw material pricing upward and exacerbate inflation, in turn suppressing demand in the consumer market In addition, due to the impact of the pandemic in China, the industrial chain in some cities has experienced interruptions and outright disruption with a scope of influence enveloping industries such as electronics and automobiles, inflicting a certain degree of collateral damage on supply and demand in the LED market Looking forward to 2H22, it is worth observing the imminent launch of corresponding economic stimulus policies by the Chinese government Global LED market value is forecast to maintain a growth trajectory in 2022 with a growth rate slower than growth performance in 2021 For more information on reports and market data from TrendForce’s Department of Optoelectronics Research, please click here, or email Ms Grace Li from the Sales Department at graceli@trendforcecom For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit our blog at https://insidertrendforcecom/

Press Releases
Automotive LED Market Value Forecast to Reach US$3.51 Billion in 2021, ams-OSRAM Leads in Revenue, Says TrendForce

2021/12/14

LED

TrendForce’s 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis research indicates, the global penetration rate of LED headlights exceeds 60% in 2021 with penetration in new energy vehicles (NEV) exceeding 90%, according to TrendForce’s latest investigations Influenced by growth momentum from increasing automotive market shipments and the rising penetration rate of LED lighting, global automotive LED market value is estimated to be valued at US$351 billion in 2021, a 318% YoY growth rate This demonstrates that LED headlights and automotive display LED products remain the main driving force for growth in the automotive LED market     Although the automotive semiconductor shortage has led to manufacturing bottlenecks among some car manufacturers, since car manufacturers have asked LED producers to continue production, the purchase order status of major automotive LED manufacturers will not be affected before the end of 2021 Among the 2021 revenue rankings of automotive LED manufacturers, the top three companies remain ams-OSRAM, Nichia, and Lumileds These three account for a combined market share of as much as 717%       In terms of automotive lighting, ams-OSRAM has leveraged stable product quality, excellent lighting efficiency, and cost performance to make it the supplier of choice for the world’s high-end cars and new energy vehicles, including high-flying Tesla among its customers This year, ams-OSRAM’s automotive LED revenue grew rapidly and has an opportunity to reach US$1304 billion by year’s end for an annual growth rate of approximately 409% Samsung LED’s PixCell LED has also been successfully integrated into the Tesla Model 3 and Model Y, boosting its automotive LED revenue growth to as much as US$121 million with market share expected to increase to 34%  In terms of automotive display backlighting including dashboard and central console displays, not only are more and more car models equipped with automotive display products, the standard is moving towards larger displays with the current mainstream automotive panel product size at 123-inches Further taking into account features popular in the current market such as HDR, local dimming, and wide color gamut shows that automotive LED market demand will maintain a rapid growth trend in the next five years This will benefit the revenue of Nichia and Stanley with this year’s market share for these two companies expected to reach 231% and 66%, respectively Relying on the high brightness and compact size of their WICOP product, Seoul Semiconductor’s penetration rate of the automotive headlight market has reached 10% and WICOP has been adopted by car manufacturers including Changan Automobile, SAIC-GM-Wuling, and Nio Revenue is forecast to reach US$155 million with a market share of approximately 44% It is worth mentioning, benefiting from European customer orders, Dominant has the highest annual revenue growth out of the top ten companies in the industry at 463%     For more information on reports and market data from TrendForce’s Department of Optoelectronics Research, please click here, or email Ms Grace Li from the Sales Department at graceli@trendforcecom For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit our blog at https://insidertrendforcecom/

Press Releases
Global LED Video Wall Revenue for 2021 Projected to Increase by 13.5% YoY to US$6.27 Billion as Market Recovers, Says TrendForce

2021/06/30

LED

Affected by the emergence of the COVID-19 pandemic, global LED video wall revenue for 2020 reached a mere US$553 billion, a 128% YoY decrease, with the European and US markets suffering the most significant declines, according to TrendForce’s latest investigations In 2021, as overall market demand recovers, and certain components in the upstream supply chain undergo price hikes due to shortage, LED video wall manufacturers have raised their product prices in response Hence, LED video wall revenue for this year is expected to reach US$627 billion, a 135% YoY increase TrendForce further indicates that the overall demand for LED video walls has been gradually recovering thanks to increased vaccinations worldwide, which have enabled a gradual easing of border restrictions as well as the resumption of major commercial and sporting activities, including UEFA Euro 2020 and the Tokyo 2020 Olympics In addition, owing to the rising prices of materials in the upstream LED video wall supply chain, such as driver IC, PCB, and LED components, LED video wall manufacturers such as Leyard, Unilumin, and Absen are gradually raising their product prices in order to maintain product profit While demand in the Chinese market was the first to recover, the top eight suppliers collectively accounted for a 60% market share Regarding the ranking of LED video wall suppliers in 2020, Leyard took the leadership position with an 113% market share even though its overall revenue declined due to the pandemic’s impact on Leyard’s overseas businesses Likewise, Unilumin saw declines in its overseas businesses, which caused only a slight drop in its revenue because Unilumin had placed a greater focus on sales in the Chinese market Unilumin took second place with a market share of 108% Qiangli Jucai, on the other hand, primarily conducted businesses in domestic China By aggressively strengthening its distribution channels, Qiangli Jucai was able to increase its revenue against the overall downtrend and take third place Daktronics, Hikvision, Samsung Electronics, Absen, and Shanxi High-tech Huaye rounded out of the rest of the ranking by taking the fourth to eighth places in order On the whole, most LED video wall manufacturers, especially companies (including Leyard, Unilumin, and Absen) whose primary markets were Europe and the US, saw declines in their revenues for 2020 due to the pandemic last year Conversely, companies with a primary focus on the Chinese market, such as Qiangli Jucai and Shanxi High-tech Huaye, benefitted from the recovering demand that began ramping up in 3Q20 and peaked in 4Q20 These companies were able to propel the combined market share of the top eight LED video wall manufacturers last year to 58%, which was four percentage points higher compared to 54% in 2019 For more information on reports and market data from TrendForce’s Department of Optoelectronics Research, please click here, or email Ms Grace Li from the Sales Department at graceli@trendforcecom For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit our blog at https://insidertrendforcecom/

Press Releases
Global LED Video Wall Driver IC Revenue for 2021 Projected to Reach US$360 Million, a 13% Increase YoY, Says TrendForce

2021/04/15

LED

The LED video wall driver IC market has been suffering from insufficient production capacities on the supply side since 2020, according to TrendForce’s latest investigations In order to ensure a sufficient level of wafer capacities at foundries, LED video wall driver IC suppliers therefore began raising prices for certain driver IC products by about 5-10% at the end of last year, and this price hike is expected to persist through 2021 as well On the demand side, various commercial activities and sporting events have been successively resuming as the COVID-19 pandemic is gradually brought under control The resumption of these activities is expected to drive global LED video wall driver IC revenue for 2021 to US$360 million, a 13% growth YoY Chipone takes leadership position among suppliers in the highly oligopolistic LED video wall driver IC market TrendForce indicates that that the LED video wall driver IC market is highly oligopolistic, as the top five suppliers collectively possessed more than 90% market share by revenue last year With regards to the performances of the individual suppliers, Chipone took leadership position with a 36% share in the LED video wall driver IC market and dwarfed the other suppliers in terms of both revenue and shipment On the other hand, Taiwan-based Macroblock, which primarily focuses on the high-end segment and holds relatively advanced technologies in its portfolio, took second place with a 20% market share Sunmoon took third place last year with a 13% market share The company went public in December in an effort to raise more capital and strengthen its market position Sunmoon has since become listed on China’s SSE STAR Market as a public company Rounding out the top five list are Fine Made and Shixin Technology, which took fourth and fifth place, respectively These two companies, along with others such as Developer Microelectronics, Sumacro, MY-Semi, and Xm-Plus, together constituted a 31% market share Tight 8-inch wafer capacities have led to noticeable price hikes for entry-level LED video wall driver ICs Although the foundry industry expanded its 8-inch wafer capacities in 2021, driver IC demand for applications such as 5G smartphones, 5G base stations, automotive power devices, PMICs, and large-sized panel driver ICs remains strong Incidentally, wafer capacities for driver ICs used in these aforementioned applications overlap with wafer capacities for LED video wall driver ICs to an extensive degree At the same time, as small pixel pitch and ultra-fine pitch displays (LED video walls) become the market mainstream, LED video wall driver IC demand will likely undergo a corresponding growth as well However, in 2021, production capacities for LED video wall driver ICs will continue to be constrained by the demand for other products due to their low profitability As a result, TrendForce expects prices of high-end LED video wall driver ICs to once again undergo a 5-10% increase in 2Q21, while entry-level ones will undergo a price hike of about 20-30% for the same period For more information on reports and market data from TrendForce’s Department of Optoelectronics Research, please click here, or email Ms Grace Li from the Sales Department at graceli@trendforcecom

Press Releases
As China Steps up Pace of Mini/Micro LED Commercialization, Total Project Investment Reaches ¥39.1 Billion, Says TrendForce

2020/07/15

LED

TrendForce’s latest LED Industry Demand and Supply Data Base finds that, by 2024, the global Mini/Micro LED market is projected to reach US$42 billion in revenue The positive outlook of the Mini/Micro LED industry has attracted many investors Since 2019, total investments in Mini/Micro LED-related projects in China have reached ¥391 billion (RMB), with more than 14 newly added projects, according to TrendForce’s investigations This massive influx of capital is expected to accelerate the overall pace of Mini/Micro LED commercialization TrendForce analyst Allen Yu indicates that, given the recent delays in Mini LED commercialization this year, some manufacturers are likely to push back their original plans of ramping up Mini LED TV and monitor mass production in mid-2020 On the other hand, since Micro LED is still in the R&D stage for most manufacturers, the technology has a long way to go before it is ready for commercial use Nevertheless, investors are still relatively hopeful towards the future of Mini/Micro LED For instance, LED chip and packaging suppliers, such as San’an Optoelectronics, Epistar, HC Semitek, Nationstar, and Refond, as well as video wall and panel manufacturers, such as Leyard, Unilumin, TCL CSOT, and BOE, have all launched Mini/Micro LED-related projects in an effort to drive the industry forward In July 2019, San’an Optoelectronics commenced its Mini/Micro LED wafer and chip development and production project in Ezhou, Hubei This project is mostly aimed at developing new Mini/Micro LED displays and projected to involve RMB 12 billion worth of investment capital In December 2019, Leyard and Epistar jointly invested RMB 1 billion to set up a Mini/Micro LED production center in Wuxi, Jiangsu Also, in May 2020, MTC established its headquarters and its LED packaging facilities in the Qingshanhu District of Nanchang, Jiangxi MTC is expected to build 5,000 production lines for LED packaging operations, which include Mini/Micro LED packaging, with an investment totaling RMB 7 billion TrendForce believes that the participation of the above companies in Mini/Micro LED R&D will inject a corresponding influx of capital in all aspects of Mini/Micro LED technology development, including new equipment, materials, and manufacturing technologies, with these investment efforts resulting in the maturation of the related supply chain as well

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