2016-08-31

Strong Demand for Fine-Pitch LED Displays Propel Prices of LED Chips and Packages, LEDinside Reports

Prices of LED chips and packages in China rose again during the final week of this August mainly on account of the strong demand from the fine-pitch LED display market, reports LEDinside, a division of TrendForce.    According to LEDinside, major China-based chip supplier San’an Opto and LED display package supplier Xinda Opto announced price hikes of 10% and 5%, respectively, around the same time in August. LEDinside’s analysis furthermore finds that the average LED usage volume for all indoor LED displays will increase from 60,000 in 2015 to 270,000 per square meter over the next two years. With surface areas of mainstream indoor LED display systems remain constant, the usage volume of LED packages for this application will more than triple during this two-year period.
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