LED production value to hit US$12.4 B in 2013, as per a study

LEDinside division of TrendForce has reported global LED production value is expected to hit US$12.4 billion in 2013, representing a 12% YoY growth. Handset application and LED lighting product demand are expected to be the key sales driver to spur corresponding LED demand. Yet, given that the oversupply issue will not be eased in near term, every LED manufacturers will aggressively deploy into new applications and consolidate with peers in order to secure sales and enhance profitability. Other points shared by LEDinside includes: Japanese and Korean vendors have started adopting 4.75” panel upon their established technology foothold in panel production with the Japanese vendors lead among peers by introducing smartpone with 5” high-resolution panel in 443ppi resolution. LEDinside estimates that LED Market value for smartphone application to hit US$710 million in 2013, built on the estimated 870 million smartphone shipments amount. Thanks to the consistent migration for bigger screen size with higher resolution, some smartphones are expected to increase amount of adopted LED for backlit to increase to 10 from an average of 6-8, representing a sharp growth. Tablet PC and handset that constantly demand for bigger panel size with higher resolution fuel corresponding LED growth. Demand for corresponding flashlight in handset will also on the uptrend as camera specifica...