Trade Resources Industry Views LED Prices to Drop in 2015 Due to Possible Oversupply Arising From an Increase

LED Prices to Drop in 2015 Due to Possible Oversupply Arising From an Increase

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.

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Taiwan-Based LED Makers: Demand for Fine-Pitch LED Display Panels Growing But Price Will Drop
Topics: Lighting