The industry is focusing its attention on LED lighting market growth performance in 2014. The demand for LED lighting will surpass that of LED backlight during the beginning of 2014, according to a recent report by J.P. Morgan. The dispersed LED lighting market is rewriting market game rules. LED manufacturers are hoping to overcome consumer congestion which led to limited bargaining space. With the arrival of a new era in LED lighting, manufacturers hope to enjoy more stable gross profit performance and larger space for price negotiations. 

Taiwan LED packaging manufacture Everlight and Japanese LED manufacture Nichia’s patent war continues with both sides refusing to back down. The dispute however has not affected J.P. Morgan’s outlook for Everlight’s Q3 and Q4 operations. J.P. Morgan believes that recognized earnings for street light bids and German subsidiary WOFI’s recognized earnings for the second half of the year will be expected to increase around 10 percent for Q3. Revenue for Q4 is expected to continue rising.