China's LED market growth slows down

Light-emitting diodes make demand for light-emitting diodes (LEDs) strong and support the market, but growth in this market is slowing, and manufacturers of LEDs are actively looking for new markets.
In 2007, large-screen TVs and LCD monitors will be emerging markets for high-brightness blue-and-white LEDs. Different configurations and different types of LEDs (RGB, white) will be adopted. iSuppli expects that by the end of 2007, the price of 1W white LEDs used in large-screen LCD monitors will drop to $1.2.
In addition, improvements in high-intensity LEDs of different colors have opened up new areas of the market, including the automotive industry and the lantern industry. iSuppli expects that by the end of this year, the price of a 1W white LED will be reduced to $1.50. In addition, iSuppli also believes that in 2007, LEDs will also enter some lighting edge markets. For example, street lighting and parking lots are often being put into production in Taiwan and the mainland due to new production lines. The price of high-brightness blue LEDs continues. Slowly falling. iSuppli believes that in the first half of 2007, the average selling price of the market will have a one-digit slow decline every quarter. Due to the fierce price competition of mobile phones, the market's attractiveness is weakened, and many large suppliers of high-brightness blue LEDs are looking for new markets.

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