2013-07-02

Revenue of GaN LED Products to Exceed 10 Billion U.S. Dollars in 2013

Research firm IHS expects that there will be more than 100 billion GaN LED units to be shipped in 2013 and the revenue from GaN LED products will exceed 100 billion U.S. dollars. IHS expects that the total revenue of GaN LED products applied in lighting will reach 3.4 billion U.S. dollars this year, and will come to 6.7 billion U.S. dollars in 2016. IHS noted that GaN LED products are mainly applied in TV backlight, lighting and other fields, revenue from this part accounts for 85% of the income of the entire LED industry. Global LED market inc...
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