Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in the future.

Nov 4, 2014 ---- The global LED lighting market will reach $25.7 billion dollars and its market penetration will increase to 31% in 2015 as the overall lighting market grows to $82.1 billion, according to a new report by LEDinside, a division of the Taiwan-based market intelligence firm TrendForce.

Leadray, Taiwanese LED street light manufacturer, opened a new office in Taipei on March 17th at the Taipei World Trade Center. The company successfully won domestic bids for street lights in 2013. Using their past experience and advantages in LED lighting, Leadray plans to actively improve the Southeast Asia and Central American markets in 2014, which lack in infrastructure and electricity.