Trade Resources Industry Views China Generated Production Value of Cny12.0 Billion,Hiking on Year by 43% in 2014

China Generated Production Value of Cny12.0 Billion,Hiking on Year by 43% in 2014

LED chip makers in China generated total production value of an estimated CNY12.0 billion (US$1.95 billion) in 2014, hiking on year by 43%, according to China-based research organization GG-LED Industry Institute (GLII).

Of the production value, CNY2.0 billion was attributed to subsidiary makers established by Taiwan-based LED makers, GLII said.

San'an Optoelectronics was the largest China-based LED chip maker accounting for 30% of 2014 total production value, followed by HC SemiTek, Elec-Tech International and Tongfang, GLII indicated. The four largest China-based LED chip makers together accounted for over 50% of total production value in 2014, GLII noted. GLII expects China's LED chip production value to increase to CNY16.1 billion in 2015. However, China's LED chip manufacturing industry will be significantly reshuffled in 2015, with small makers possibly forced out of the market or merged by larger ones, GLII indicated.

LED packaging service providers in China posted total production value of CNY56.8 billion in 2014, growing by 20% on year, and are expected to generate CNY65.7 billion in 2015, GLII said.

 

Source: http://www.led-search.com/news-view-3938.html
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China LED Chip Production Value in 2014 Estimated at CNY12.0 Billion, Says GLII
Topics: Lighting