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Nichia Remained Revenue Leader in China’s LED Package Market for 2016, Says LEDinside 
Steady growth in the LED lighting market supported the capacity expansion efforts of LED chip and package industries in 2016, says LEDinside, a division of TrendForce. Furthermore, the annual revenue of China’s LED package market grew by 6% for 2016 to reach US$8.9 billion, according to LEDinside’s 2017 Chinese LED Chip and Package Industry Report. In terms of ranking by revenue market share, Nichia retained its first place position in the Chinese market for 2016, while MLS climbed to second place and Lumileds dropped to third place.  more

EVERLIGHT’s Strategic Planning towards Both Mid & Low Power LED and Specialty Lighting Markets  
To shift or not to shift, that is the question. At this point within the LED industry, in terms of business transformation, companies are facing a turning point to shift business focus to new niche markets with high gross margins such as UV and IR LED, or to stay at LED lighting, where they began with; and of course, some chose to embrace all.more

Global ASPs of LED Light Bulbs Rose Slightly in June Due to Arrival of Pricier Smart Lighting Products, LEDinside Reports
Prices of LED light bulbs crept up slightly this June with the global ASP of 40-watt equivalent products rising by 1.1% compared with the prior month to US$6.6, according to the latest report from LEDinside, a division of TrendForce. The global ASP of 60-watt equivalent LED light bulbs remained constant at US$8.1. more

Sumitomo Chemical Develops New OLED Printing Technology to Halve Panel Production Cost
Sumitomo Chemical, the Japan-based chemical giant, is reported to have successfully developed new technologies to facilitate more cost efficient OLED display manufacture. According to Nikkei, the new materials and equipment the company introduced could possibly bring down the current production cost of OLED panels by 50%, which is able to further reduce the selling prices of OLED TVs and expand the penetration of OLED products.   more

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