LED industry would recover earlier than other industries this year in consideration of incremented uses of the lamps in notebook computers, monitors, LCD TVs, lighting fixtures and outdoor signages, according to estimation form Taiwan LED makers.

Tatung Group, one of leading Taiwan manufacturer of household appliances and information-technology products, says the company will contract Formosa Epitaxy Inc. to supply LED chips this year.

Industry watchers estimate average price of white LEDs to drop over 12% this year alone, which will help fuel consumptions of LED backlights by LCD TVs, notebook computers, and as well as LED emitters by lighting products.

Big players of notebook computers like Dell, Acer, Apple and Asustek have vowed to introduce LED-type notebook computers this year. Topology Research Institute of Taiwan, a market research organization tracking IT market, forecast 28% of notebook computers to be lighted up by LED backlight modules this year, which will translate into 1.5-2 billion LEDs to be shipped to notebook computer makers worldwide this year.

In addition, LED makers estimated monitor market is around four times the size of notebook computers in terms of LED consumption.