LED lighting output value to reach USD 11.1 billion by 2026
April 07, 2022Demand for high-standard LED products in the lighting market will enter a growth stage, TrendForce reports.
Automotive LED market value forecast to reach $3.51 billion
December 14, 2021TrendForce’s 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis research indicates, the global penetration rate of LED headlights exceeds 60% in 2021 with penetration in new energy vehicles (NEV) exceeding 90%, according to TrendForce’s latest investigations.
Lighting LED market revenue to reach $6.709 billion in 2021
May 25, 2021Product prices across the overall lighting LED market are expected to increase by about 0.3%-2.3% QoQ in 2Q21, according to TrendForce’s latest investigations.
Osram sits on the throne as the top automotive LED supplier
March 25, 2021The COVID-19 pandemic heavily impacted the global auto market and in turn damaged the automotive LED industry in 1H20, according to TrendForce’s latest investigations. However, 2H20 saw a gradual recovery.
Cree divest its LED operations as LED supply chain continues its shift to Asia
October 23, 2020After global LED giant Cree divested its lighting business in 2019, the company has announced its plan to sell its LED business to SMART Global Holdings (SGH) for USD 300 million. TrendForce indicates that Chinese manufacturers have quickly risen in the LED industry in recent years, benefiting from superior production capacities and cost optimization measures.
Global automotive LED revenue still on the rise
August 15, 2019the global automotive market has been showing declines since 2018 amid global trade frictions and economic recessions, but the penetration rates of LEDs in various major automotive lighting products continued to rise, says LEDinside, a division of TrendForce,
China manufacturers raise capacity, causing stagnation in revenue growth
April 23, 20192018 has proven to be a difficult year for many LED manufacturers: the industry as a whole was burdened with the weight of oversupply, and the US-China trade dispute caused end demand to stagnate. This led to a less-than-expected business performance for LED manufacturers in general.
Philips reports Q2 sales of EUR 4.3 billion
July 26, 2017Dutch Medical OEM Philips reports Q2 sales of EUR 4.3 billion, with 4 percent comparable sales growth. Net income from continuing operations amounted to EUR 161 million, driven by a 15 percent increase in adjusted EBITA to EUR 439 million.
Nichia remained revenue leader in China’s LED package market for 2016
July 11, 2017Steady growth in the LED lighting market supported the capacity expansion efforts of LED chip and package industries in 2016, says LEDinside, a division of TrendForce.
Philips sells majority interest in Lumileds
December 13, 2016Royal Philips has signed an agreement to sell an 80.1% interest in Lumileds, a supplier of LED components and automotive lighting, to certain funds managed by affiliates of Apollo Global Management, LLC.
Who are the top LED suppliers?
September 14, 2016"It’s not a surprise that Nichia led in more than one application."
Lumileds and Arrow signs distribution agreement
May 06, 2016Lumileds and Arrow Electronics has entered an strategic agreement for the global distribution of Lumileds portfolio of application optimized LEDs including high power, mid power, low power, CoB, color and UV LEDs as well as the Matrix Platform.
Philips and GO Scale Capital terminate acquisition deal
January 22, 2016Philips and GO Scale Capital have terminated the agreement under which a consortium led by GO Scale Capital would acquire an 80.1% interest in Lumileds.
Nichia took top spot in China’s LED package market in 2014
July 10, 2015LEDinside, a division of TrendForce, finds the scale of the Chinese LED package market for 2014 reached US$8.6 billion and grew by 19% annually.
GO Scale Capital buys 80.1% of Lumileds from Philips
March 31, 2015GO Scale Capital, an investment fund sponsored by GSR Ventures and Oak Investment Partners will acquire an 80.1% interest in Philips' combined LED components and Automotive lighting business.
Philips plans to separate into two focused companies
March 20, 2015Philips is planning to separate into two independent companies focused on healthtech and lighting solutions respectively in order to capitalise on market changes and new growth opportunities.
Industrial electronics chips on the right track
August 15, 2014Industrial electronics semiconductors made small but important gains in the first quarter this year, affirming continued strength for a sector that had been battered only two years ago, according to a new report from IHS Technology.
Lighting-use LED market scale hits USD 4.88bn
July 22, 2014The global high brightness LED market scale reached US $14.4 billion this year and is estimated to increase to US $16.6 billion by 2018, with a compound growth rate of 4%, according to LEDinside, a LED research division of TrendForce.
First Chinese supplier breaks into top 10 LED rankings in 2013Load more news
June 23, 2014China’s massive investments LED manufacturing capacity are paying off, with a Chinese company entering the top ranks of the global market for the first time ever, according to IHS Technology.