2014-12-30

LED Lighting Industry's Low Price Trends in 2014

Global LED package market is estimated to achieve US $14.6 billion in 2014, and grows at a CAGR of 3.2% during 2014-2018. Among all LED applications, LED lighting has the highest estimated revenue of US $4.8 billion in 2014, soaring with a CAGR of 12%. These figures suggest that LED lighting market has entered a high growth phase. Nevertheless, the prices of LED lighting products, such as lighting bulbs and tubes show a steady downfall trend.
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2014-12-15

Chinese Vendor Sells LEDs at Unbelievable Low Price

China’s low LED prices have taken on a whole new definition in Zhongshan city located in Guangdong Province, where bulbs are being sold in a similar way to vegetables on the market, according to an Alighting.cn report.
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE