TrendForce:LED production value to grow by 12% YoY in 2013; handheld application still being the key sales driver

Summary: According to LEDinside, the LED research division of TrendForce, global LED production value is expected to hit US$12.4 billion in 2013, representing a 12% YoY growth. Handset application and LED lighting product demand are expected to be the key sales driver to spur corresponding LED demand. Yet, given that the oversupply issue will not be eased in near term, every LED manufacturers will aggres........

According to LEDinside, the LED research division of TrendForce, global LED production value is expected to hit US$12.4 billion in 2013, representing a 12% YoY growth. Handset application and LED lighting product demand are expected to be the key sales driver to spur corresponding LED demand. Yet, given that the oversupply issue will not be eased in near term, every LED manufacturers will aggressively deploy into new applications and consolidate with peers in order to secur........
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