Taiwan LED companies' revenue in the first quarter was better than expected

Taiwan LED companies' revenue in the first quarter was better than expected


LED lighting has been growing rapidly due to product price declines, policy bullishness and lighting manufacturers. The Chinese mainland has gradually banned the sale and import of incandescent lamps, and has also promoted LED lighting applications with policies to make Taiwan's related companies' first-quarter revenues generally superior. As expected.
The legal person believes that with the traditional peak season of LED products entering the second quarter, the market demand is clear, not only the battalion of related manufacturers can continue to enhance, but also the lighting theme is expected to make the LED ethnic group, from now at least to 2015.
Taiwan Institute of Technology (IEK) said that Western Europe is the world's largest LED lighting market, Japan is the single country with the fastest market penetration, and mainland China will be the future LED lighting manufacturing and consumption center, the fastest in 2016. Replacing Western Europe, becoming the largest LED lighting market.
According to the industry, in public lighting, Taiwan's main kinetic energy will come from government subsidies in mainland China, new LED streetlights in emerging market countries, and US energy subsidy programs.
Gong Zhenhua, manager of Morgan Emerging Technology Fund, pointed out that after the low tide of the previous two years, the LED industry is expected to gradually enter the world under the influence of global lighting demand. UBS Securities estimates that global LED lighting demand will increase by 60% this year, which is expected to drive demand for LED chips to grow by 25.
Not only that, with the increasingly close cross-strait economic and trade exchanges, the cross-strait LED industry is expected to be integrated, and the Chinese mainland government is working hard to subsidize the previous overcapacity problem.

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