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2011-08-25

LEDinside: High-Brightness LED Market Value in 2011 Estimated at USD 9 Billion; LED TV Backlight Market Value Dropped By 18% from 2010

According to LEDinside, a research division of TrendForce, the global market value of high-brightness LED in 2011 is estimated to total USD 9 billion instead of USD 10.6 billion as previously expected, with a mere annual increase of 8%. Contributing factors include: backlight market’s weak demand, drastic plummeting LED’s average selling price, which resulted in over supply in the LED market.
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