According to the latest LEDinside Gold Member Report from TrendForce, the global lighting LED package market value is expected to continue to decline due to the global economic recession and the decrease in the unit price of the lighting LED package products. The market value will reach US$6.3 billion in 2023. The CAGR stands at -3% throughout the forecast period, 2018-2023. “Due to the large-scale popularization of MOCVD equipment made in China and the subsidies from local governments in China, the new capacity continues to be invested in LED chips...

The prices of high-power LED package products in the Chinese market continued to drop in October 2018, according to LEDinside, a division of TrendForce. “The prices of high-power LED package products dropped in October because the costs of LED chips have been lowered in 3Q18, but the magnitudes of price decline varied”, says Terri Wang, LEDinside analyst. For example, prices of high power ceramic-substrate LEDs and 5-10W 7070 LEDs declined by 2-5% and 4% respectively. On the other hand, prices of mid-power LED package products remained stab...

Major LED package products in the Chinese market have seen notable price declines in August, according to the latest report from LEDinside, a division of TrendForce.