Strong demand for Olympic Games to boost Taiwan's LED sales surge

Driven by the Beijing Olympics and the surge in energy prices, which led to the use of low-cost lighting equipment, the first half of this year, Taiwan's new energy-saving lamp sales soared. Taiwan light emitting diode (LED) manufacturers announced that its sales in the first half of this year increased by 16.1% over the same period last year. According to the company to the Taiwan Stock Exchange (Taiwan Stock Exchange) data show that the company's sales of NT $20 billion 800 million in the first half of 2008 from the same period last year to NT $24 billion 200 million ($771 million 300 thousand). According to some analysts, the LED market is expanding, and the strong demand for the Beijing Olympics is driving sales growth. Ivan, an analyst at LEDinside, a market research firm in Taipei, said: "new applications are increasing in the Lin. LED is increasingly being used as a backlight for notebook computers and is widely used in street lighting and factory lighting. According to Strategies Unlimited analyst Robert said that in 2007, the high brightness LED market size increased to $4 billion 600 million, an increase of 9.5%, while in 2005 and in 2006, the growth rate was only $6%. He said that in 2007, LED in signs, automotive, signal and lighting usage grew by 20%, of which the strongest growth in lighting applications. According to Steele, said the entire high brightness LED market is expected to grow at a cumulative rate of 20%, to reach $11 billion 400 million by 2012. According to LEDinside data show that Taiwan has the world's second largest LED industry, accounting for the global market share of 20%. Japan has the world's largest LED industry, the global market share of 37%. LEDinside predicts that as many flat-panel display manufacturers in Taiwan are eager to enter the market, by 2010, the global market share of the LED industry in Taiwan will reach 30%. People are turning to LED to save energy and reduce electricity bills, which were originally known as decorations on Christmas trees. The LED can reduce the energy consumption by emitting light through the chip, rather than through the incandescent lamp or the fluorescent tube in the bulb. The energy consumed by LED is about 1/10 of incandescent bulbs, and life expectancy of up to ten years or more. In addition, LED almost does not produce heat, thereby reducing the fire hazard.

Source: gold online