LED market underperformed in 2Q15, due to waning backlight market during the quarter and cutthroat pricing competition in the lighting market, a CNA report cited Epistar Chairman B.J. Lee saying.

Nov 10, 2014 - LED components have been successfully introduced in light source products, according to the new report “2015 Global Lighting Market Outlook” by LEDinside, a division of the Taiwan-based market intelligence firm TrendForce. As the commercial lighting market expands, lighting tubes have become the most in-demand product with light bulbs second. Additionally, in the luminaire market, demand for ceiling lights high, but mostly in the home.

Korean manufacturer Baewoon Electronics and Chinese LED manufacturer Foshan Nationstar Optoelectronics have signed a LED lighting Strategic Partnership Memorandum of Understanding (MOU), according to a recent report by Korean media AJU Business Daily.