The European Photonics Industry Consortium (EPIC) and China Solid State Lighting Alliance (CSA) signed a memorandum of understanding (MOU) to strengthen their partnership, reported Novus Lighting.

Resources from a new European Photonics Industry Consortium (EPIC) report has shown that the HB-LED market made a 7% increase on a year-to-year basis in 2011. According to the new report "LEDs: The 2011 Market Review," in 2011, the market volume for high brightness LEDs (HB-LEDs) reached $12 billion, a 4.3% growth over 2010. Although the demand for LED BLU (back light unit) systems is still growing, the demand for LED chips is falling. Fewer LEDs are needed to realise a BLU and with the cost per LED also dropping, revenues attr...