The LED industry is facing supply shortage. From upstream chip manufacturers to downstream package manufacturers are unable to adequately meet demands. In general, the industry, however, estimates May revenue will be even better. As the LED lighting market advances, China market insiders estimate the country’s LED market annual demand growth will surpass 30 percent, according to DZH News. LED chip production will increase to 10 percent during the first half of 2014, while supply and demand will tighten during the second half.