The Thai LED market has emerged as a market holding great potential, government statistics estimate the current LED market value has reached 80 billion Thai baht (US $), said Dennis Stech, Vice President, of Hatari LED at EcoLightTech Asia 2014 in Bangkok, Thailand in mid-November. However, the country’s unstable political situation might lead to lower LED industry growth rates in 2015.

Philips lighting comparable sales increased 1 percent year-on-year. LED-based sales grew 43 percent and now represent 36 percent of total Lighting sales, compared to 25 percent in Q2 2013. The EBITA margin, excluding restructuring and acquisition related charges and other items, improved to 8.6 percent, an increase of 0.5 percentage points year-on-year.

Guangdong LED industry market value grew at a Year-on-Year rate of 27.73% this year to RMB 125. 17 billion (US$ 20.45 billion), according to the “2Q13 Guangdong Province LED Industry Operation Monitoring Report” published by Guangdong Semiconductor Lighting Industry Joint Innovation Center (GSC) recently. This is the fourth consecutive year that the LED market value surpassed 20%. In addition, the region showed outstanding performance in exports, patents and other key indicators. The GSC report was officially released at the Guangdong Province’s LED industry forum recently. Highlights of the report are listed below: