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LED industry still seeing hardships, says Nichia Taiwan…

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LED industry still seeing hardships, says Nichia Taiwan president
Siu Han, Taipei; Adam Hwang, DIGITIMES [Friday 25 November 2016]

Despite rebounding prices for LED products, development of the LED industry still faces problems due to overcapacity, according to president Dai Zhen-jia for Nichia Taiwan.

Problems include intense price competition among LED lighting vendors, and China-based LED makers continuing to expand production capacities, Dai said.

Nichia expects 2016 consolidated revenues to reach JPY330 billion (US$2.92 billion), roughly flat on year, Dai noted.

LED backlighting and lighting will account for 30% of 2016 consolidated revenues, LED automotive lighting for 20%, ultraviolet (UV) LED and displays for about 45% and laser LEDs for 5%. Nichia expects the revenue proportion from LED automotive lighting to rise to 30% in 2020 and for laser LEDs to 20%. For LED automotive lighting in particular, Nichia will launch adaptive front lighting systems in 2017.

Nichia Taiwan president Dai Zhen-jia (center)

Nichia Taiwan president Dai Zhen-jia (center)
Photo: Michael Lee, Digitimes, Novembe 2016

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Taipei, Saturday, November 26, 2016 04:01 (GMT+8)
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  • Article
  • . (0)
  • Related content
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LED industry still seeing hardships, says Nichia Taiwan president
Siu Han, Taipei; Adam Hwang, DIGITIMES [Friday 25 November 2016]

Despite rebounding prices for LED products, development of the LED industry still faces…

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