Based on the analysis and statistics of LEDinside, which is a research division under TrendForce, International LED major manufacturers successively released their 4Q10 financial reports. In terms of upstream equipment suppliers, the LED & Solar revenue of Veeco set the highest quarterly record of USD 258 million. Over 20 customers, such Shanghai Epilight, placed the purchase orders for lighting application. However, the planned shipment of 12-20 new MOCVD products「MaxBright」are not included in the Q1 financial statement. Besides, the revenue-accounting delay is expected to greatly affect the result of Q1 revenue. However, since the fund-subsidy policy launched by Chinese government, LED enterprises keep on production expansions. The orders of Korean customers are expected to surge in backlight and lighting markets in Q2 and Q3. Moreover, it is forecasted that the MOCVD orders for K465i and MaxBright will also increase in the markets of Europe, USA, Japan and Taiwan. To sum up, Veeco is still optimistic about market quotations in the first half of 2011.

The chairman of FOREPI, Mr. Feng-Ren Chien, indicated at an interview with LEDinside in Yangzhou that the MOCVD equipment owned by Jiangsu Canyang Optoelectronics Co. has reached 25 units by the end of 2010. While many LED Epi Wafer plants in China claimed their capacity goals without specific clients, Canyang Optoelectronics has ensured that there is a healthy outlet for their production capacity through successful vertical integration model. Hence, Chien is confident that by the end of 2011, the company will expand its capacity to 50 units, poised to become the largest foreign-invested LED Epi Wafer manufacturer in China.

MOCVD Subsidy Policy Implemented by Yangzhou Municipal Government to End in July 2011

LED Industry Faces Slack Season in the Short Term and LEDinside Forecasts that Growth Momentum will Rebound after 1Q11