Search Results

Search Results

keyword


Sort by


Date Range

Resource Types


Research Fields


Filter by Keyword(s)




keyword:Allen Yu44 result(s)

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

Press Releases
TrendForce Says Global ASP of LED Light Bulbs Remains Stable in November, but ASP in Japan Market Drops

2017/12/06

Energy / LED

LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of LED light bulbs was generally stable in November The global ASP of 40-watt equivalent products was US$62, a slight increase of 05% The global ASP of 60-watt equivalent products also increased slightly by 02% to US$74 Japan saw noticeable price slide while Europe experienced price growth “Some brand vendors of LED light bulbs have lowered their prices since early October for the purpose of boosting sales,” said LEDinside analyst Allen Yu “In November, the price of some products in Europe bounced back However, in Japan, the market saw obvious price decline due to the vendors’ promotions and release of new products” Prices of LED components were stable in November as suppliers deploy in automotive market The price were stable in China’s lighting LED package market in November despite of slight decline in LED chip prices The price decline has brought no noticeable influences to the industry yet But it is worth noticing that many of China’s lighting LED package suppliers tend to expand their business to the automotive lighting market For example, Honglitronic acquired Yishan and cooperated with Epistar, showing its intention to enter the automotive market Yishan’s existing OE clients include ChangFeng Leopaard, Emgrand, Geely, Zotye, etc So Honglitronic will gradually expand its business to the supply chain of China’s domestic car market Refond Optoelectronics has founded a wholly owned subsidiary, Shanghai Refond automotive lighting unit, to deploy in the market segment of automotive lighting This is also in line with the future development plan of Refond to integrate its products and resources In addition, other Chinese LED companies also deploy in the automotive market

Press Releases
Prices of LED Light Bulbs Continued to Drop in October as Vendors Wanted to Generate More Sales, Says TrendForce

2017/11/06

LED / Energy

LEDinside, a division of TrendForce, reports that the global ASP of LED light bulbs continued its slide in October Compared with September, the ASP of 40W equivalent LED light bulbs fell by 17% to US$62 The 60W equivalent counterparts also saw a 17% decrease in their ASP to US$74 “Some brand vendors of LED light bulbs have decided to lower their prices at the start of this fourth quarter for the purpose of boosting their sales,” said LEDinside analyst Allen Yu “Consequently, the worldwide price trend continued to move downward during October” Prices of LED components were stable in October as package suppliers introduce new products Prices were generally stable in China’s LED package market in October Compared with August and September, October was a period of recovery for the LED chip and component sections of the supply chain Inventories for chip suppliers rose, but this was within the normal range and prices remained steady The package market in turn did not experience noticeable price fluctuations Also, some package suppliers have released new products in October In the mid-power segment, Lumileds launched the LUXEON Stylist Series for lighting in fashion retail stores, supermarkets and restaurants The FreshFocus Technology, which is featured in 2835 and 3014 LEDs of the LUXEON Styles Series, offers wider color gamut and better light quality In the high-power segment, Honglitronic has recently unveiled more advanced solutions under the AT Series, such as AT50 and AT70 According to Honglitronic, the AT Series has an anti-vulcanization technology that increases the reliability and lifespan of LEDs Other major international LED suppliers including CREE and SSC have also released new products that seek to achieve greater brightness, more compact form and higher color rendering index

  • Page 1
  • 9 page(s)
  • 44 result(s)