The financial industry’s interest has obviously increased as the Taiwan LED industry recovers. Rising LED lighting market penetration rates will lead to improvements in Taiwan LED industry demand and supply situation resulting in overall industry growth. In turn, manufacturers’ better gross margin performances will also boost stockholders Return On Equity (ROE), 

Another year has come to a close. As 2014 kicks off, the LEDinside editorial team  has compiled the market expectations for this year.

Taiwanese LED chip manufacturer Genesis Photonics Inc. (GPI) has begun its vertical integration strategy in 2013, and will be moving from chip manufacturing to packaging and module production. The company’s new Kunshan factory will be focused in the areas of LED packaging and module production, said the company Chairman David Chung. GPI’s current flip chip monthly production capacity for LED chip packaging is about 4KK.

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.