Strategies Unlimited has released its new report: The Worldwide Market for LEDs – Market Review and Forecast 2015. The worldwide LED market is forecasted to grow to more than $22 billion in 2019. Ten companies accounted for more than 65 percent of the LED market. Strategies Unlimited arrived at these figures after analyzing market demand […]
A light emitting diode or LED is a semiconductor device. LED produce incoherent narrow spectrum of light when it is in forward biased condition. The color of the light emitted depends on the composition of the semiconductor material used in manufacturing of LED. It is extensively used in an array of application such as […]
The recent restructuring by major global lighting companies will allow LED makers to raise capital for investments in 2015. According to “Top Lighting and LEDs Trends for 2015,” a new white paper issued by the IHS, last year’s restructuring could lead to improved margins for leading companies, along with the potential for lower product prices […]
Samsung has decided to discontinue its LED lamp business in all countries outside of its home operations and headquarters in South Korea. In recent weeks, news had been circulating that Samsung was planning to announce it would leave the LED lighting business altogether. While the new development stopped short of a complete divestment with Samsung […]