2011-09-13

LED Market and Industry Outlook 2012

The estimation of global market value of high-brightness LED in 2011 has been downgrade to total USD 9 billion from the 10.6 billion 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 a oversupply in the LED market.
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Strawberries flourish in a Controlled-Environment Agriculture Installation with Horticulture LED lighting provided by Cree LED and RED Horticulture. (Photo courtesy of RED Horticulture) The integration of technology into every aspect of life i... READ MORE

The prior blog titled “Nichia’s contribution to a realization of a mercury-free society” took a short break. However, there was a release about new LED-based water disinfection devices made by Miura Co., Ltd., a Japanese manu... READ MORE