Trade Resources Industry Views Indoor LED Lighting Sales Will Grow 40% to Top Cny25 Billion (Us$3.97 Billion) in 2012

Indoor LED Lighting Sales Will Grow 40% to Top Cny25 Billion (Us$3.97 Billion) in 2012

International LED lighting firms have been issuing orders directly to China-based firms. This may marginalize Taiwan-based LED firms. China-based peers have economies of scale and their monthly packaging capacity can reach as high as three million units each.

According to China-based LED firms, China's LED indoor lighting market grew about 36% in first-half 2012, and wil grow 40% to top CNY25 billion (US$3.97 billion).

International firms such as Philips and Osram have been working with strategic partners in China.

Biing-Jye Lee, chairman of Taiwan-based Epistar, indicated that despite the fact that Taiwan has superior technology, the supply chain lacks large-size lighting packaging houses and direct distribution channels.

Source: http://www.digitimes.com/news/a20121003PD205.html
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China Market: Indoor Led Lighting Sales to Exceed Cny25 Billion in 2012
Topics: Lighting