2013-11-05

LED Industry Continues Upward Climb in Nov.

The lighting market trend will continue its gradaul growth. LED lighting penetration rates are expected to further increase as LED prices overall falling and consumer recognition is on the rise. Backlight market orders have slid as uncertainties still surround China’s new home appliance subsidiary policy. Some LED manufacturers revenues have decreased and there has been a rebound in the backlight market compared to last month. With the Chinese Lunar New Year approaching, manufacturers’ conventional holiday stockup demands will provide a certain degree of support for LED manufacturers’ sales performance. Overall, the LED market will continue its upward climb in November.
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