LED light panel manufacturer and supplier

The LED industry has been dubbed as one of the “four miserable industries” in Taiwan, but in 2014 the industry will have a chance to shed its miserable reputation. Order is being restored in the Chinese LED industry as the country reduces LED subsidies and bans incandescent bulbs. The LED industry supply and demand issues will be improved in 2014. In addition, with strong growth in global LED lighting demands, big brands and investment managers are optimistic about LED industry trends in 2014.

The LED industry also began growing at the end of 2013, according to a report by Economic Daily News. LED applications have shifted from backlight to lighting. With obvious rising lighting demands, companies active in the lighting sector have seen stock benefits, for instance Everlight stock prices have reached historical high.

LED lighting industry market demands were driven by falling LED bulb prices that has resulted in higher Cost/Performance (C/P) ratio, said  Liu, Senior Vice President, Yuanta Funds.

A report by CNA on Jan. 2, 2013 also noted there have been market rumors that U.S. anti-dumping and countervailing of China’s solar industry will be extended to Taiwanese solar OEMs for Chinese companies. As the policies might impact Taiwan’s solar cell manufacturers, funding is being channeled to LED stocks. Just one hour after Taiwan Stock Exchange opened, Tekcore, FOREPI, Unity Opto Technology Corp., Para Light Electronics Co., Arima Optoelectronics Corp., Ledlink Optics Inc. and Tons Lighteology showed strong stock performances.

The LED industry is expected to leave oversupply issues behind with strong LED lighting demands. Leaders from top five LED companies including Everlight Chairman Robert Yeh, Epistar Chairman B.J. Lee, FOREPI Chairman Chien Fen-ren , Unity Opto Chairman Wu Ching-huei and Soo Ghoo Lee, Managing Director of Cree Hong Kong Ltd. all shared a positive outlook for the LED industry in 2014.

Chat with us using: