Trade Resources Industry Views China LED Capacity Expansion to Lead to Oversupply

China LED Capacity Expansion to Lead to Oversupply

Global supply of LED chips will be 22% in excess of demand in 2015 mainly because China-based LED epitaxial wafer and chip makers have been expanding production capacities, according to Taiwan-based LED makers.

There will be 3,130 MOCVD sets installed around the world in 2015 and 47% of which will be in China, 19% in Taiwan, 15% in Japan and 13% in South Korea, the sources cited LEDinside as indicating.

Based on the total number of MOCVD sets, global output is estimated at 72.31 million 2-inch-equivalent LED epitaxial wafers in 2015, increasing 14% on year and resulting in 22% oversupply of LED chips, the sources indicated.

China-based LED epitaxial wafer and chip makers, such as San'an Optoelectronics and Xiamen Changelight, have obtained local governments' subsidies and raised funds from stock markets to expand production capacities, the sources said.

Source: http://www.led-search.com/news-view-4500.html
Contribute Copyright Policy
China LED Capacity Expansion to Lead to Global Chip Oversupply in 2015
Topics: Lighting