The New Chapter: The Pros and Cons of Tribal Knowledge
Trouble in Your Tank: Processes to Support IC Substrates and Advanced Packaging, Part 4
The Chemical Connection: Don’t Just Blame the EtcherLED Chip Export Market Valued at $4.35B in 2014
July 14, 2015 | TrendForceEstimated reading time: 1 minute
The global market value from the external sales of LED chips grew by 18% from $3.677 billion in 2013 to $4.35 billion in 2014, according to the 2015 Global Sapphire and LED Chip Market Report by LEDinside, a division of TrendForce. The share of Chinese companies in the external sales market also rose from 27% in 2013 to 36% in 2014.
"LED chip manufacturers benefitted from the lighting market's demands and saw their revenues soared in 2014," said Joanne Wu, assistant research manager for LEDinside.
Epistar led in the external sales revenue of LED chips for both 2013 and 2014 due to its technological advantages and stability in customer management. Epistar's rival San'an Opto increased its MOCVD equipment capacity during 2013~2014 as well as exploiting the lowering price trend in the Chinese lighting market. San'an Opto therefore took second place in 2014 with its revenue reaching $565 million. Owing to their capacity expansion efforts, China-based manufacturers ETi and TongFang entered the list of top 10 LED chip manufacturers in 2014, respectively taking $161 million and $145 million in LED chip revenue.
Wu furthermore sees demands in the LED end market will weaken during 2015. However, Chinese and Taiwanese LED chip manufacturers are still actively increasing their production capacities before the end of LED subsidy programs in China. Consequently, the current oversupply situation will become more severe when the additional capacities become available in the second half of this year. On the other hand, the industry's long-term development may gain from the intensifying price war since the competition will eliminate second-tier manufacturers that are without competitive advantages.
Share on:
Suggested Items
Foldable Smartphone Market Penetration Estimated at 1.6% in 2023
09/14/2023 | TrendForceTrendForce’s latest insights reveal that by 2023, shipments of foldable smartphones could skyrocket to an impressive 18.3 million units, marking a 43% YoY surge.
NAND Flash Prices Expected to Stabilize and Rebound in Q4
09/12/2023 | TrendForceIn response to persistent softening in demand, Samsung has taken a decisive step: a sweeping 50% production cut from September, with the focus mainly on processes under 128 layers.
Global Server Shipments for 2024 Projected to Undergo Constrained Growth, Estimated Annual Increase of 2.3%
08/15/2023 | TrendForceForecasts predict that this year’s shipments of server motherboards are expected to decline by a market of 6~7%. Concurrently, shipments of whole servers aren’t faring much better, with a projected decrease of 5~6%.
Global Notebook Shipments on the Rebound, Predicted to Surge 15.7% in 2Q23
07/04/2023 | TrendForceTrendForce has predicted a noticeable recovery in the global notebook market for 2Q23. Shipments are projected to hit 40.45 million units—a QoQ increase of 15.7%.
Global LCD Monitor Shipment Levels Experience 7.4% QoQ Decline in 1Q23
06/15/2023 | TrendForceTrendForce reports that in the first quarter of 2023, global shipments of LCD monitors fell 7.4% QoQ to 28.8 million units, marking a YoY decline of 20.5%.