As competition in the lighting industry intensifies, manufacturers need to get their heads around upgrading luminous efficacy, said Money Chen, Special Assistant, President Office, Epistar at Taiwan and Japan Lighting Industry Forum at Taiwan International Lighting Show (TILS) 2014 at Taiwan World Trade Center Nangang Exhibition Hall, Taipei, Taiwan.

With the rapid increase in LED lighting demands, LED manufacturers are continuing to develop module products with lower cost and simpler designs. Manufacturers have taken advantage of past direct-type backlight designs that use package components with few LEDs and include secondary optic lens, which allows for a wider luminosity angle and reduces the need for light guide plates.

Taiwan LED package manufacturer Edison Opto Corp.’s board recently approved the issuance of unsecured convertible bonds amounting to NT$ 1 billion (US$ 34 million) in Taiwan. This is the second time that the company has issued unsecured convertible bonds in the domestic market. Edison Opto has a positive outlook of the LED lighting market’s continual development, and funds from the bonds will be used to expand the company’s Yangzhou, China factory that will cover high power LED components, PLCC package components, and other product line expansions.