2013-09-06

Citibank: Chances of Sharp LED Order Falls Unlikely in 4Q13 as Lighting Demands Grow

Affected by the end of China’s Home Appliance Subsidies, demands for large size LED-backlit products waned in 3Q13. Citibank’s report forecasted large size backlight LED revenues for Epistar Corp. and Everlight Electronics, leaders in Taiwan’s LED upstream and downstream markets. The entry of lighting demands will alleviate the stress manufacturers are under from sliding LED-backlit demands. 
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For most of history, humans used flames to generate light. Eventually, they discovered that a super-heated metal element in a light bulb could produce useful illumination, only for this technology to be superseded by the LED. One common featur... READ MORE

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