Smart Lighting will Give Rise to the Next Replacement Trend by 2017

LED lighting penetration is rapidly increasing, according to Economic Daily News. It is estimated that after LED lighting popularizes by 2017, it will be succeeded by smart lighting. Industry insiders anticipate that the prosperity period will be longer than before, with LED chip manufacturers Epistar and LED package manufacturer Everlight being the largest beneficiaries. 

The LED industry is experiencing growth in a typical slack season on the back of rising LED lighting demands. Epistar has reached a single quarter record high for 1Q14 and Everlight’s single quarter EPS is the highest among LED market listed companies at NT $1 (US $.03). 

Large international manufacturers have shown interest in Epistar’s HV LEDs, with Philips and other large European manufacturers placing orders. Single month HV revenue has the opportunity to double this year and is the main reason behind positive profit margin in 2Q14. 

After the rapid growth and popularization of LED lighting, it is estimated that cutting-edge smart lighting will continue to replace current lighting after 2017, said Epistar Chairman B.J. Lee. Epistar has already begun R&D in this area. 

Everlight is optimistic about the opportunities the rise in LED lighting will bring. The company is currently actively expanding market channels. The company plans to continue expanding European lighting manufacturer channels following their acquisition of German luminaire manufacturer WOFI last year. 

LED lighting can save up to 85 percent in electricity, which can reach 90 percent with the addition of smart lighting, said Robert Yeh. Everlight is therefore eager to develop this area.

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