Search Results

Search Results

keyword


Sort by


Date Range

Resource Types


Research Fields


Filter by Keyword(s)




keyword:Figo Wang10 result(s)

Press Releases
TrendForce: China's November 11 Online Shopping Festival Promotes Lighting E-Commerce Sales

2014/11/14

LED

The emergence of online and mobile shopping in China has changed the distribution structure of many industries, including the lighting industry Due to the popularity of LED lighting products on online shopping platforms, the LED lighting market scale could go up on a yearly basis At the latest, the proportion of lighting products sold through online channels is expected to reach 30% in 2017, according to "2015 Chinese Lighting E-Commerce Market Analysis" released by LEDinside, a subsidiary of Trendforce  China’s lighting e-commerce market scale is around US $2349 billion in 2014, 144% of overall China lighting market, according to LEDinside Senior Analyst, Figo Wang The market witnessed a shopping platform that boosted the total transaction value of lighting products up to 16 times the average daily transaction volume during the November 11 Online Shopping Festival  Alibaba-owned TMall and Taobao are key players of the Online Shopping Festival TMall announced it recorded RMB 194 million in sales for lighting products within 24 hours, and Taobao  RMB 259 million Together their revenues from online lighting sales add up to approximately RMB 450 million   There have been doubts over whether Taobao and TMall's figures are reliable due to the widespread “click farming” phenomenon – a means used by some retailers to boost their online popularity But since “click farming” is not a new issue—the same thing happened the year before— perhaps the growth rate can still be estimated reliably The entire transaction counts for light source products are up 10162% from last year, 3720% higher than luminaries counts  “2014 turnover is 3888% more than same period last year, while trading volume is up 5387% The fact that turnover growth is slightly lower compared to trading volume growth is normal since it reflects decreasing LED lighting product price” said Wang   

Press Releases
TrendForce: China’s Lighting E-commerce Market to Become Largest LED Distribution Channel

2014/10/22

LED

China’s e-commerce market scale has reached US $4451 billion in 2014, and fundamentally changed consumers’ daily habits The emergence of the e-commerce industry, has made establishment of online shops a top priority for LED manufacturers, according to LEDinside, a research subsidiary of the Taipei-based market intelligence company TrendForce   “The lighting e-commerce market scale in China has reached US $24 billion in 2014, and amounted to 144% revenue share among all distribution channels,” said Figo Wang, Senior Analyst of LEDinside “As LED lighting products continue to sellout online, the online lighting market is expected to grow well into 2017, with Internet sales estimated to reach 30% to become the largest LED lighting distribution channel, and overtake traditional lighting distribution channels including construction project and luminaire retail shops”  E-commerce channels in China are gradually transitioning from C2C (Consumers to Consumers) models to B2C (Business to Consumers), which can be especially seen in the lighting e-commerce segment, said Wang Lighting e-commerce sales from B2C models reached 55% above C2C’s 45%, according to latest statistics compiled by LEDinside  Analysis based on China’s e-commerce platforms indicate Tmallcom has been most successful in its lighting e-commerce business, and has a market share of 54% in the B2C market Top three LED luminaire manufacturers in terms of online revenue are Opple, NVC Lighting and Xiamen Aoduo lllumination, while three major players for LED lamps are Philips, Opple, and NVC Lighting JDcom is the second largest lighting e-commerce platform with a market share of 192%, but its sales volume and brands represented are much lower than Tmallcom It will be difficult for newcomers, such as other e-commerce platforms, to make significant breakthroughs in the short term as Tmallcom and JDcom firmly establish their market positions as leaders in the lighting e-commerce sector Other e-commerce platforms have also placed value on the lighting market, and are trying to attract lighting manufacturers to invest  To learn more about China’s lighting e-commerce market developments and strategies, LEDinside will be addressing these issues at LEDforum 2014 that will take place on Oct 24, 2014 at Room 201 of National Taiwan University Hospital International Convention Center, Taipei Taiwan In its seventh year, the annual LEDforum serves as an important platform for LEDinside analysts to publicize their research results At this year’s LEDinside forum, LEDinside Research Director Roger Chu will be discussing the latest developments in the LED industry market, technology advancements, and different manufacturers business strategy Chu will also be exploring future trends in the LED industry LEDinside’s senior analyst based in China, Figo Wang, will also be speaking at the forum in Taipei for the first time, and share his insights on LED lighting market conditions in China, e-commerce distribution channels and manufacturers business strategies  Date: October 24th, 2014 (FRI)  Time: 10:00 to 17:00  Venue: Room 201, National Taiwan University Hospital International Convention Center  Address: No 2 Xuzho Road, Zhongshan District, Taipei, Taiwan  Website: http://seminartrendforcecom/Ledforum/2014/US/INDEX/  The full agenda is available at http://seminartrendforcecom/Ledforum/2014/US/agenda/ 

Press Releases
LEDinside Shanghai Market Analysis Seminar Delve into Future LED Industry Trends

2014/03/26

LED

LEDinside Chief Analyst Market Analysis Seminar opened in Shanghai Parkyard Hotel on March 19, 2014 Global LED bulb demand will grow 86%, while LED tubes will be up 89%, anticipated LEDinside analysts As sapphire substrate applications diversify, supply and demand can reach an equilibrium by 2014   Important points touched upon during the seminar: Global demand for LED bulb and tube will grow by 86% and 89% respectively in 2014 Rapid decline in the price of retrofit lamps triggered the global LED lamp replacing tide “LED bulbs and tubes market have highest demand, due to their strong replaceability and consumers' wide acceptance”, said LEDinside analyst Terri Wang Compared to 2013, the global LED bulb and tube demand volume will grow 86% and 89% respectively in 2014 As for global LED bulb market retail prices, LEDinside’s statistics showed that in January 2014, the global ASP of 40W equiv LED bulbs fell about 21% year on year (YoY), and prices of 60W equiv LED bulbs fell about 28% YoY  The rapid price decline of top brand products accelerated specification and integration of regional markets Despite price volatility resulting from new high-performance products and product sales promotion, the bulb ASPs in various regions showed a steadily decreasing trend As  prices declined, the cost performance of products in various regions also gradually improved In addition, LED standards and policies have initiated replacement tenders in various regions which also have served a catalytic role in the development of global LED lighting market The supply and demand in sapphire substrate industry can reach equilibrium throughout 2014 Benefiting from high lighting market demands, LED industry performed well Moreover sapphire substrates continue to be widely used in smart phones, including camera lens and home button, all of which spur on sapphire substrate demand growth It is expected that sapphire substrate supply and demand  will reach a balance in 2014, said LEDinside Assistant Manager Joanne Wu Increased sapphire substrate non-LED applications It is expected that in 2014 the proportion of non-LED application will grow 33% Among non-LED applications, the demand for sapphire substrate on smart phone applications include camera lens and home buttons have expanded annually If iPhone 6 and iWatch adopt sapphire cover glass at the end of 2014, sapphire substrate demand growth is expected to leapfrog In addition, sapphire substrate market prices has gradually risen from the bottom, and 2-inch sapphire ingot market benefited from LED and non-LED market demand, so the price has started to rebound in March to US$42 - 45 The 4-inch ingot market also significantly benefited from LED market demand, as  prices reached US$16 -18 However, 6-inch ingot market was affected by limited demands from LED manufacturers and the original SoS market transfer to SOI technology, consequently, prices remained flat

Press Releases
TrendForce: China’s residential lighting market surpasses US$ 800M in 2013

2013/08/15

LED

Starting from 2012-2014, bans on incandescent lights has led to the gradual entry of LED products in the residential lighting markets, according to a latest search report by LEDinside, a research division of TrendForce Improved LED luminous efficacy and lowered LED product prices contributed to higher consumer acceptance levels and rising penetration rates Japan was the largest LED residential lighting market in 2012, followed by Europe and North America However, China’s residential lighting’s global market share is also growing China’s LED residential lighting market will reach US$ 5941 million in 2013, with LED residential lighting accounting for US$ 814 million, and taking a 24% share of the overall global market The LED residential lighting market development in other regions including Europe, US, Japan, Taiwan and emerging markets is also being spurred by establishment of policy standards, and manufacturers promotion of product and pricing strategy In North America, a increase in new home sales and arrival of LED lamp sweet point are powerful driver force to support the US LED residential lighting market growth Establishment of luminaire standards, such as Energy Star and others are directing the market towards standardization In addition, top manufacturers including Cree, GE, and Philips are acquiring market share and shaping industry development with expanded product lines and releases of new products with high price /performance ratio Affected by ban on incandescent lamps, Europe’s LED lighting market competition has intensified LED lamps Average Selling Prices (ASP) continued to plunge, while more lighting products with intelligence control system features are entering the market For instance, Philips has launched Hue LED lamps using WiFi to control and switch light color Osram is also using lighting control systems from subsidies to integrate LED lighting with intelligent control systems In 2012, Japan’s LED bulb shipments reached 279 million and estimated to grow to 285 million in 2013 Japanese lighting manufacturers are develop new business strategies, due to fierce pricing competitions in the bulb market and gradual market saturation Japanese manufacturers are differentiating their products in the market by focusing on high power LED lamps and high performance products, developing ceiling lights, or expanding into emerging markets including Vietnam and Taiwan China has extended its 2013 SSL product fiscal subsidies to 30 million lights, including residential lighting products However, the average Chinese consumers understanding of LED lamps remain limited, with only 25% of surveyed accurately identified LED bulbs, according to a recent LEDinside Chinese market survey Therefore, before Chinese LED lighting manufacturers can tap into the general residential lighting market, consumer education is required to improve understanding In 2012, Taiwan’s LED bulb shipments reached 134 million and estimated to grow 20% in 2013 to 161 million Major Taiwanese LED bulb manufacturers include Everlight Electronics Co, Delta Electronics, and Top Energy Saving System Co (TESS) In addition, Toshiba and Philips are also actively expanding into the Taiwanese market In 2013, manufacturers promoted brand new lamp specifications that emphasize omni-directional lighting and Color Rendering Index (CRI) Source: LEDinside  

Press Releases
TrendForce: China’s MOCVD activation rebounds in light of positive LED lighting market outlook

2013/07/18

LED

In accordance with statistics in Gold membership reports of LEDinside, Green Energy Division of the Global market research firm TrendForce, thanks to strong demand in the global LED lighting market in the first half of this year, the utilization rate of MOCVD machines that the major chip manufacturers have installed and debugged shows rising trend The chip price has been stable this year, but with the increasing capacity of chip manufacturers, it remains to be seen whether the LED chip price will be falling in the second half of this year, but in the long term, only the quit of invalid production capacity in China can help LED industry to return to supply and demand balance 【Chart 1】Chinese Major LED Chip Manufacturer’s MOCVD Utilization Rate The rise of LED lighting market has directly stimulated the upstream chip market to achieve rapid demand growth this year, the Chinese chip makers who have originally specialized in the production of display applications actively adjust product strategy and improve the ratio of lighting chips in the product segment HC SemiTek and Silan Azure used to have chip for LED display as core business, now they adjust production capacity in response to increasing market demand for LED lighting chips, all newly added MOCVD equipments are put into use for the production of lighting chips Overall, the growth in display market has slowed down since 2012, more competitive, more difficult to make profit for manufacturers, which also is one the reasons why the chip manufacturers switched to produce LED chips for the lighting application Sanan Optoelectronics totally owns 149 units of MOCVD, currently, more than 90% of its MOCVD machines have completed the testing stage and have been put into operation, and utilization rate also exceeds 80% ETI has 92 units of MOCVD as of 1H13, 45 units have been put into use for mass production, both its installation volume and mass production amount are the second in China Due to less MOCVD machines, HC SemiTek's MOCVD machines and Silan Azure's MOCVD machines have already fully come into use Other chip vendors also have achieved some growth in utilization rate of equipments The growth in utilization rate of MOCVD increases manufacturers' confidence to expand production; the manufacturers who delayed expansion plan because of poor market also restart the program According to the statistics in LEDinside Gold membership report, The number of MOCVDs in China reached 1,013 in late 2012, and it is estimated China will be adding more than 100 new MOCVD equipments (calculated according to the number of chambers) in 2013 LEDinside said that in view of the current total number of MOCVD equipment in mainland China, overcapacity still exists But look carefully, many manufacturers have not put their newly added equipments into operation since the equipments were introduced, and most machines are old, performance and efficiency are far less than the new machines, these invalid capacities may exit the market after 2013, which is helpful for the market to return to supply and demand balance 【Chart 2】MOCVD Installation Volume(Chambers)

  • Page 2
  • 2 page(s)
  • 10 result(s)