Yan Feng, chairman of the board of directors, said that as the backlight LED market is approaching saturation, it is expected that the proportion of lighting applications in the global LED output will rise to 50% in 2014.
Jane Feng Ren said that the output value of LED chips for lighting will double in 2014, while the LED chips used for backlights will remain unchanged. However, the average selling price of LED chips in 2014 is expected to fall by 10-15% year-on-year. Due to continued price competition, manufacturers must cope with price declines by reducing production costs and/or improving product mix.
Based on Sanan Optoelectronics, which has obtained a 19.9% ​​stake in the company, the two companies will arrange orders on a complementary basis to maximize capacity utilization.
Jane Feng Ren said that the output value of LED chips for lighting will double in 2014, while the LED chips used for backlights will remain unchanged. However, the average selling price of LED chips in 2014 is expected to fall by 10-15% year-on-year. Due to continued price competition, manufacturers must cope with price declines by reducing production costs and/or improving product mix.
Based on Sanan Optoelectronics, which has obtained a 19.9% ​​stake in the company, the two companies will arrange orders on a complementary basis to maximize capacity utilization.
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