According to the latest 2019 Chinese LED Chip and Package Industry Market by LEDinside, a division of TrendForce, growth in the global LED lighting market has slowed down noticeably due to the global economic recession and the US- China trade dispute. Revenues for lighting LED packages were affected as a result. In 2018, China's LED packaging market scale for general lighting applications stood at US$5.2 billion, with a visible slowdown glanced from a CAGR of only 3% throughout the forecast period, 2018-2023. “Due to the limited decline experi...

LEDinside, a division of TrendForce, points out in its latest price report that China's mainstream high-power and mid-power LED package products registered a marginal drop in April, 2019, among which lighting LED package product prices continued their descent through April, with high-power products dropping by around 1%, and mid-power LED products dropping by 1%-4%. TrendForce Analyst Terri Wang asserts that suppliers are continually capitalizing on niche markets to carve a way out of this ditch. Lumileds, for example, added a new 120° dome-shaped product ...

According to the latest research by LEDinside, a divison of TrendForce, China's mainstream high- and mid-power LED package prices continue to drop in January 2019, although they have rather stabilized in February. (Image: Pixabay) LEDinside Analyst Terri Wang explains that due to the continual stagnation of economy worldwide in January, suppliers continue to clear their inventories, with LED lighting packages generally seeing falls to various extents. Among these products, 2835-LED products have dropped relatively harder in prices ( up to 7~9%), with mai...

Mainstream high- and mid-power LED package products in the Chinese market witnessed price declines in December, according to the latest report from LEDinside, a division of TrendForce. “LED manufacturers have continued to clear their inventories in December due to the weak demand at the year end, which lowered the prices in the general lighting market”, says LEDinside analyst Terri Wang. The average prices of high- and mid-power LED package products slid 2%~4% and 1%~8% respectively. Faced with the sluggish demand, LED packaging companies conti...

Mainstream 3030 LED package products in the Chinese market have seen noticeable price declines in this November, according to the latest report from LEDinside, a division of TrendForce. “LED manufacturers have started to clear their inventories since 4Q18, which lowered the prices considerably”, says LEDinside analyst Terri Wang. The average prices of high- and mid-power 3030 LED slid 3.4% and 2.9% respectively, while prices of mid-power LEDs and high-power ceramic-substrate LEDs remained stable. In the automotive LED market, where the tech...