According to the latest report - New Display Technology Cost Analysis - by WitsView, a division of TrendForce, Mini LED technology has made constant process over the past year, with a significant increase in production output (in unit per hour, UPH) and die bond accuracy. Looking ahead to 2019, WitsView expects a high possibility of the mass production of products with Mini LED backlighting. The processing costs of display units may increase by 20%~100% depending on the number of Mini LED used.

According to the latest report from LEDinside, a division of the market research firm TrendForce, LEDinside TV and Gaming Display Market Trend of 2018, backlight and self-emissive display technology will compete together in the near future.

Last year, Taiwanese LED packaging company EVERLIGHT registered a lukewarm annual earnings with a YoY decline of 6.6%. In face of looming threats from Chinese competitors, EVERLIGHT adjusts its product mix in hope to push up its revenue in 2018.

VIZIO, Inc. announced the availability of its all-new 2017 VIZIO SmartCast P-Series Ultra HD HDR XLED Pro Display collection to the Canadian market.  Powered by XLED Pro, VIZIO's most powerful full-array local dimming backlight technology, and XHDR Pro™ with Dolby Vision™ and HDR10 content support, the 2017 P-Series pushes the boundaries of color, contrast and detail to deliver a more breathtaking picture than ever before. 

VIZIO, Inc. announced its all-new 2017 VIZIO SmartCast P-Series Ultra HD HDR XLED Pro Display collection. Powered by XLED Pro, VIZIO's most powerful full-array local dimming backlight technology, and XHDR Pro™ with Dolby Vision™ and HDR10 content support, the 2017 P-Series pushes the boundaries of high dynamic range. 

2016 Lighting LED and Lighting Market v.s. 2016 LED Backlight Market Trend

Everlight Electronics, a leading player in the global LED and optoelectronics industry, will exhibit the complete range of LED products like lighting, backlight, flash, signage and infrared LED at the LED EXPO KOREA 2015, including new products in this quarter. EVERLIGHT expects to meet one-stop demand for our customers based on the complete product combination.

Intense market competition from Chinese manufacturers and deluge of LED suppliers on the market has made cost reducing strategies crucial for LED chip manufacturers’ survival. To cope in an increasingly low profit industry, LED chip manufacturers are developing more advanced and efficient LED chip technologies, finding cheaper chip materials, or exploring untapped niche markets. Representatives from global top LED chip manufacturers Epistar, Osram, Philips Lumileds (Lumileds), and Cree addressed these pressing issues recently at 2015 LED Executive Summit hosted by SEMI at TILS 2015, TWTC Nangang Exhibition Hall.

Lextar today announced its fourth quarter and fiscal year 2014 financial report.

A China Times report has highlighted five major LED market trends in 2015:

Philips’s latest UHD TV uses laser technology to achieve wider range of colors, according to an engadget.com report.

Everlight plans to invest NT $30 billion (US $944.31 million) on production expansion in the next five years in Taiwan to compete in the international market, according to a news report from UDN.

Genesis Photonics Inc. (GPI), a subsidiary of the Chicony Group, recently announced at an investors’ conference that the company received big flip chips order from Samsung, and flip chips will account for 25% of the company’s 2015 overall revenue, according to an Economic Daily News report.

Epistar announced revenue last month was down, due to low blue light LED utilization rate.

Taiwanese LED manufacturer Lextar’s recently announced revenue last month was slightly down, due to the slack season in 4Q14.

Taiwanese major LED packaging manufacturer Everlight reported a consolidated profit of NT $8.52 billion for 2014 third quarter, hitting a quarterly record, with gross margin of 24.44%, net operating profit of NT$816 million and net profit of NT$726 million.

The role of phosphor powder in LED applications is increasingly important to lower LED production costs and meet higher light quality demands, said Calvin Yeh, Global Strategic Marketing Manager, Lighting/PV Business Field, Merck Display Technologies, at LEDforum 2014 hosted by LEDinside on Oct. 24, 2014 in Taipei, Taiwan.

Positive that the general lighting industry will become a major growth momentum for the LED industry, Credit Suisse projected the LED lighting market penetration rate will reach 56 percent by 2016

Taiwanese LED manufacturer Lextar announced revenue for May 2014 was up 7.3 percent compared to the previous month to NT $1.26 billion (US $ 40 million). However, on a Year-on-Year basis, the company revenue slid 4.3 percent.

Taiwanese LED package manufacturer Everlight has recently released the company’s fiscal year 2014 results. The company benefitted from lighting and backlighting demands in 2013 which drove up revenue. 

Feb. 2014 revenue for Taiwanese LED manufacturer Lextar reached NT $880 million, a 6.4 percent increase from the same period last year but a 27.7 percent drop from January. Combined revenue for January and February was NT $2.1 billion (US $69.4 million), increase of 18 percent from last year.

Taiwan based LED package manufacturer Everlight had successful lighting revenue growth in 2013 due to gradually maturing LED lighting applications. Although, 4Q is typically a slack season for the LED industry, the company’s revenue this quarter were 30 percent higher than 4Q last year making up 25 percent of the company’s overall revenue, similar to the revenue proportion from backlighting. Everlight’s lighting revenue is anticipated to surpass backlighting for the first time, due to market growth in 2014 LED lighting.

Rapid LED price drops for LED bulbs have driven up penetration rates, according to the latest CLSA Asia- Pacific Markets report . Chinese LED lighting market penetration rates for 2014 are expected to increase to 15 percent from 3 percent in 2012, according to a recent report by CLSA. Global LED lighting market growth will stimulate LED chip shipments in 2013-2014. CLSA is optimistic that Chinese LED manufacturers will benefit from this trend, listing LED chip manufacturer San’an and lighting manufacturer Yankon as main beneficiaries.

  Lighting: [Worldwide LED Lighting Market Value Reach 2,478 Million USD in 2013] LED outdoor lighting is being popularized worldwide from 2013 to 2015, especially in the Asian Countries like China, Japan and Taiwan. Driven by the policies, the global LED outdoor lighting market value growth rate is expected to exceed 46%.Besides, street light replacement projects will also be popularized in other emerging markets such as Thailand, Russia, Latin America and Africa starting from 2014. Till 2015, LED street light penetration rate is expected to slow down, and the worldwide LED street light installation volume will stay around 10 million per year.    The worldwide LED outdoor lighting market showed a strong growth in 2012. The new street light installation volume in China accounts for 30% in the global market, with governmental subsidy still being the major driving force. Especially under the situation of weak export sales, more and more companies start to focus on domestic public lighting projects in China. Due to fierce competition, the street lighting price further reduced in 2012, and companies with scale advantage can have more shipment, however, new manufacturers still keep to enter the market. LEDinside estimated that the new LED outdoor lighting installation volume in China reached 900,000 sets in 2012, and as the governmental subsidy projects start installation, the total installation volume in China will reach 1.21 million in 2013, among which the installation volume in Guangdong Province itself will exceed 300,000, becoming the fastest LED outdoor lighting growth momentum. 

LEDinside, the LED research division of TrendForce, indicates that affected by the month-end inventory adjustment and the dreary end-market demand, most LED manufacturers’ revenues underwent setbacks, averaging between 10% and 15%. According to LEDinside, despite the low utilization rates of LED companies, the LED chip supply in 2011 still amounted to 174 billion units while the chip demand was merely 129 billion units, with a 35% oversupply. As a result, most LED manufacturers faced considerable inventory pressure in 2H11. Looking towards 2012, given t...

According to the analysis and statistics of LEDinside, a research division under TrendForce, the total revenues of listed Taiwan LED manufacturers was up to NTD 8.09 billion in January 2011(MoM-2.04%，YoY+15.9%). Regarding upstream chip manufacturers, these figures reached NTD 3.77 billion in January 2011, (MoM-0.7%; YoY+20.7%). The Chip LEDX moved back at 4,472 points, while Package LEDX rose to 5,001 points, showing a moderate uptrend.

According to the latest price survey by LEDinside, an LED research division of TrendForce, in 2010 Q4, demand from LED applications still has not recovered, including continued inventory adjustment of large-size panels and lower-than-expected demand from general lighting. As a result, pressure of LED price decline extends from 2010 Q3. Among them, price of LED for large-size panel applications fell by 5% -9%, with most substantial decline in TV backlight applications; high power LED lighting applications declined by more than 12%. Due to relatively stable demand from mobile phone applications, LED prices in this segment are fairly stable with a mere 3% seasonally adjusted decrease.

Recently, at Rubicon Technology’s 2Q08 earnings conference call with industry analysts, the company's president and CEO discussed the future of the LED market.