2018-05-31

LEDinside 2018 Chinese Automotive Lighting Market Trend- Passenger Car and Logistics Car Market Analysis

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Chinese Automotive Lighting Market Report- Passenger Car and Logistics Car Market Analysis, the quantity and market share of local car manufacturers in China have increased since 2017. The sales volume of domestic brands has grown annually as well. The product price levels from local car manufacturers have gradually approached to medium range. Although the license plate lottery measure reduced purchasing willingness, yet, as per capita income grew, car penetration will experience significant growth. Chinese conventional passenger car shipment volume in 2017 has reached 23.8 million units, and is expected to reach 25.5 million units in 2018.
Continue reading

This year's report plays a key role in aligning with the upcoming standards of the European Union and is built on a significantly broader data foundation than in previous years. For the first time, the report includes all LEDVANCE entities... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE