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keyword:Roger Chu27 result(s)

Press Releases
Vietnam’s LED Lighting Market to Reach US$348 Million in 2016 as Domestic Demand Takes Off, Says TrendForce

2016/10/18

LED

As the global LED lighting markets experiences slowing growth, LED and LED lighting companies have quickly expanded into the emerging markets where new blue ocean opportunities could be found The latest analysis by LEDinside, a division of TrendForce, finds that Vietnam’s LED lighting market is projected to reach US$348 million in 2016, up 28% from US$271 million in 2015 The steady growth of the Vietnamese market has caught the attention of LED lighting companies worldwide Before the introduction of LED lighting into the country, Vietnam on average consumed 200 million traditional light bulbs each year Most of these traditional light bulbs were the less energy-efficient incandescent lamps However, the continuous expansion of LED lighting into Vietnam over the past few years has led to the contraction of the local market for traditional lighting products Conversely, Vietnam’s LED lighting market has seen robust growth Based on LEDinside’s latest analysis, the penetration rate of LED lighting in Vietnam is expected to arrive around 35% in 2016 “Vietnam’s LED lighting market enjoys faster growth compared with other Southeast Asian countries because of its relatively shorter base period,” said Roger Chu, research director of LEDinside “Furthermore, Vietnam’s income per capita has been rising in recent years The country’s LED lighting demand has gradually shifted as well, from infrastructure projects to the residential lighting market However, infrastructure projects are still the main generator of local demand for now” Chu also pointed out that many international LED lighting companies have set up factories in Vietnam due to the low cost of labor The Vietnamese government moreover has embarked on a series of large infrastructure projects that are made possible by the development aid from China, Japan and South Korea These projects drive the local demand for outdoor LED lighting Because public projects commissioned by the government tend to favor domestic companies, international LED lighting companies need to work with local counterparts to enter the country’s infrastructure market  “Rising per capita income for Vietnamese people is also spurring the rapid growth in the local market for residential LED lighting,” Chu added “For international LED lighting companies, they will have to work hard in brand localization and developing local market channels to in order to take advantage of the Vietnamese market”

Press Releases
Micro-LED Can Be Game Changing for LED Industry as It Brings an Array of Value-Added Opportunities, Says TrendForce

2016/09/30

LED

LEDinside, a division of the global market research firm TrendForce, held LEDforum 2016 at National Taiwan University Hospital (NTUH) International Convention Center on September 30 This conference, which focused on micro-LED as the next-generation display technology, featured presentations by industry and research heavyweights including Epistar, Trillion Science, hTC, PlayNitrides, OSRAM Opto, Macroblock, Industrial Technology Research Institute (ITRI), X-Celeprint and CEA-Leti “Potential applications of micro-LED extend beyond display systems,” said Roger Chu, research manager of LEDinside “Many value-added opportunities related to the development of this technology could lead to reshuffling and extension of various component chains” LEDinside forecasts that the value of the global LED market will increase at a compound annual growth rate of just 2% from 2016 to 2021 The industry is now exploring new application markets to overcome the limits of its expansion  “Looking at the display application, OLED has already undergone a period of significant development,” Chu noted “With South Korean technology enterprises controlling most of the crucial OLED patents, those companies that are now considering entering this market will have little chance of catching up Micro-LED, on other hand, is a technology that has room for new entrants to develop market opportunities” By scaling down the size of LEDs to the micron level, the light emitted at every pixel on a micro-LED display can be controlled individually Greater brightness, lower power consumption, enhanced color saturation and extremely high resolution are also some of advantages that micro-LED possesses It is even possible for this technology to combine with flexible substrates, thus creating curved displays comparable to ones based on OLED All these qualities give micro-LED a wide range of application options  A recent analysis by LEDinside finds that having all wearable devices and public displays on the market to switch to micro-LED would consume as much as 50% of the current LED production capacity worldwide Moreover, to have all the smartphones on the market to adopt the technology would require four times as much of the global capacity “There are still numerous technological bottlenecks that have to be addressed in the course of developing micro-LED displays,” said Chu “The most critical juncture is the mass transfer of micron-sized LEDs onto substrates Finding a solution to this challenge will also open up the possibility of mass transferring other microelectronic components, including sensors” Chu added that micro-LED provides sufficient pixel pitch to incorporate different sensors that are on the displays of mobile devices: “In the future, the development of micro-LED displays for mobile devices will likely allow for the integration of optical and fingerprint sensors (and perhaps other types of sensors as well) This is an advantage that the current OLED technology does not have Hence, micro-LED is not only poised to expand into various display applications but also has the potential to generate additional values for end devices The room for development is huge”

Press Releases
Samsung’s Galaxy Note 7 Opens New Opportunities in IR LED Market, Says TrendForce

2016/08/11

LED

In response to the rising demand for mobile payment, Samsung’s latest flagship smartphone Galaxy Note 7 includes iris recognition as a standard feature that assists in user authentication The arrival of Galaxy Note 7 is expected to trigger a new round of hardware competition among smartphone brands as they will also likely to incorporate iris recognition into their flagship devices According to the latest analysis from LEDinside, a division of TrendForce, iris and facial recognition features will gradually become prevalent in mobile devices LEDinside further estimates that in 2020, global shipments of mobile devices with the iris and facial recognition features will reach 400 million units By that time, the market value of infrared LEDs (IR LEDs) for iris and facial recognition will total around US$250 million Thus, biometric recognition has become one of the most potentially profitable applications for IR LEDs Currently, most commercialized iris recognition systems use IR LEDs in the wavelength range of 700~900nm IR LED can assist camera systems in capturing iris patterns because its light can gauge depths of fields and 3D features of objects when taking photos “Iris patterns stay the same throughout a person’s life, and each of them has around 244 distinct marks or recognizable data points, which are over ten times as many as those on a fingerprint,” said Roger Chu, research director of LEDinside “Hence, an iris recognition system can offer more accurate user verification results and a higher level of information security in the mobile payment application” Chu also noted that though the iris recognition technology has been in existence for a long time, there are several obstacles preventing its widespread adoption: “The main problem is the cost of the camera system that supports iris recognition rather than the cost of the IR LED component Currently, most cameras filter out infrared light to prevent signal noises from affecting image quality Therefore, an iris scanner will actually need two cameras with one specifically for detecting infrared light, making the cost of the feature very high Additionally, there are still many challenges to the development of mobile payment, including regulations and infrastructures These issues must first be dealt with If major e-commerce companies or consumer electronics brands can help in accelerating the growth of mobile payment in various types of transactions, then iris recognition technology will have a chance to develop rapidly as well"

Press Releases
OSRAM and MLS to Carve Out Their Positions in LED Lighting Market with LEDVANCE Deal, Says TrendForce

2016/07/28

LED

German-based lighting manufacturer OSRAM has agreed to sell its lamp business unit LEDVANCE to a Chinese consortium that is led by IDG Capital Partners and includes LED manufacturer MLS and Yiwu State-Owned Assets Operation Center The sale was announced on July 26 and represents a landmark deal in which Chinese LED manufacturer successfully acquires an oversea target with the help of an international investment group “The sale of LEDVANCE shows major international lighting companies are exiting the LED lighting business due to its unprofitable outlook,” said Roger Chu, research director of LEDinside, a division of TrendForce “On the other hand, Chinese LED lighting companies have an overall cost advantage and are assisted by the government, so they can take this opportunity to expand their market shares”  The LED lighting penetration rate in the worldwide general lighting market grew to 31% in 2015 Despite the increasing penetration, the competition among vendors has become so intense that many major international brands are forced to abandon their lighting businesses that they have owned for many years According to LEDinside, OSRAM’s revenue for 2015 totaled US$61 billion Excluding sales related to automotive and specialty lighting applications, the annual revenue – derived mainly from sales related to light sources and lighting luminaires – was around US$32 billion, or 38% of the entire general lighting market last year In terms of ranking, OSRAM was also the second-largest brand in the general lighting market for 2015 by revenue “OSRAM’s share in the general lighting market will drop sharply following the sale of LEDVANCE,” said Chu “However, the company can now focus on developing businesses with high-margin potentials, such as LED components, automotive and specialty lighting applications The deal is also an indication that major lighting brands are pursuing high value-added activities instead of coveting as much market shares as possible” The sale of LEDVANCE is accompanied by a strategic alliance agreement between OSRAM and MLS Specifically, MLS will begin purchasing large volumes of LED chips from OSRAM’s plant in Malaysia starting next year “OSRAM has traded its light source business for guaranteed orders for its LED chips,” noted Chu “At the same time, MLS through LEDVANCE has gained access to OSRAM’s patented LED chips and the brand name of OSRAM/Sylvania The Chinese LED manufacturer can combine these benefits with its existing cost advantage in LED packaging and make a strong push into the lighting business By doing so, MLS will also help accelerate the global expansion of Chinese lighting vendors On the whole, the deal is a win for all parties involved"

Press Releases
Nichia Was Still Revenue Leader in LED Packages Last Year despite Market Slump, According to TrendForce

2016/04/21

LED

Fierce competition caused major shifts in the global LED package revenue ranking for 2015, according to LEDinside, a division of TrendForce Nichia remained the leader, followed closely by OSRAM Opto and Lumileds Samsung LED and other South Korean manufacturers suffered revenue declines due to the price war and the contraction of LED backlight market By undercutting each other, most manufacturers ended up with lower revenues last year Some companies’ revenues also decreased when measured in US dollars due to the dollar’s appreciation Automotive LEDs – an emerging blue ocean market with high entry barriers and very few players The top three manufacturers performed very well in the automotive LED market, noted Roger Chu, LEDinside research director Together, Nichia, OSRAM Opto and Lumileds currently control about 70% of the world’s automotive LED market This application sector thus has very high entry barriers and is susceptible to market concentration Pricing matters less here as customers pay more attention to product reliability, optical design and supply chain management Therefore, many manufacturers regard the automotive LED application as the new blue ocean market and are eager to gain a foothold there South Korean manufacturers were hit hard as their group companies shifted focus away from backlight applications and towards OLED The shrinking LED backlight market was a major factor behind sliding revenues for South Korean manufacturers last year Furthermore, group companies Samsung and LG concentrated on promoting OLED panels and paid less attention to the development of their LED products Even worse, Samsung and LG also outsourced the manufacturing of some LED products that will be replaced by their OLED solutions to competing LED suppliers Price war led to revenue declines for LED lighting manufacturers Branded lighting vendors constantly pressured their LED suppliers to cut prices last year Major LED lighting manufacturers such as CREE saw a sharp decline in its package revenue on account of falling product prices and losing orders to competitors Everlight and MLS were also affected by lower prices despite having cost advantages Their revenue declines came after having long periods of steady growth

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