Global demand for fine-pitch LED display panels grew on year by 70% in 2014 and is estimated to hike at a CAGR of 110% during 2014-2018, but prices are expected to drop in 2015 due to possible oversupply arising from an increase in China-based makers, according to Taiwan-based LED makers.
While Taiwan-based makers of fine-pitch LED display panels still have a technological advantage, China-based makers including Leyard Optoelectronic, Unilumin, Shenzhen Aoto Electronics and Shenzhen Liantronics have made forays into international markets, and other China-based makers have cut prices to compete for orders, the sources said.
Due to heating competition, prices for 1.2mm-pitch LED display panels in 2015 are expected to fall on year by 20-30%, the sources indicated.
Taiwan-based LED epitaxial wafer and chip maker Epistar expects shipments of RGB LED chips used to make fine-pitch LED display panels to increase from 200 million sets in 2014 to 500 million in 2015, the company said. Taiwan-based LED packaging service provider Everlight Electronics saw monthly shipments of LED devices used to assemble fine-pitch LED display panels increase to 500 million units in December 2014, the company indicated.
