Taiwan-based LED chip maker Lextar Electronics expected the ratio for LED lighting applications would reach over 10% of its revenues in the end of 2010, from less than 5% at the beginning of 2010. And the company was to reduce product development time from 2-6 months to 1-3 months through integrate vertically.

Lextar noted recently LED TV market demand was superior to that of LED lighting, but Lextar thought the lighting segment would have a good development potential in the long run. It’s expected that LED TV market would reach 89 million units, which would be about 147 million T8 LED light strips or only about 1-2% of the global T8 light strip market. If the LED TV sales will total 138 million units in 2012, which would translate to 252 million T8 LED light strips. In terms of the current global T8 light strip market of about 10 billion units, LED lighting provides lots of revenues for LED chipmakers.

But the LED lighting industry currently had some problems, such as lacking standardizations, fragmented market and not LED technology supporting. Of course, some companies were trying to solve the problems and made some success. Lextar thought the key to future competitiveness were to make a comprehensive strategy which contained chip making and packaging to lighting products, sales and service.