Lighting Will Account for 50% of Lextar’s LED Sales in 2012

According to Lextar Electronics’ chairman, David Su, sales from lighting will account for 50% of its revenue next year, up from this year’s 40%,thanks to the strong demand in Japan and the company’s cooperation with an increasing number of multinational lighting markers.

In Su’s opinion, the LED lighting market has picked up as a whole especially after Japan devastating earthquake on March 11. Japan is currently the world’s biggest single market for LED lighting.

Su noted that recent slump in backlight demands has compelled Lextar to switch sales emphasis to lighting. Su felt that penetration of LED-lit TVs will reach only 40-50% this year as a result of weak demand. However, he estimated the penetration rate will rise to 60-70% next year thanks to improved technology and lumen.

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