2013-10-01

Goldman Sachs Optimistic about LED Growth in 2014

Goldman Sachs latest global LED industry report pointed out decreasing LED lighting products are driving LED lighting market growth. Goldman Sachs believes LED and general lighting demands have climbed up 70% and 40% respectively in 2013 and 2014. The financial institute upheld its previous outlook that LED lighting penetration rate will reach 70% by 2020, but indicated future lighting demand growths will be much faster than expected.
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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