The chairman of Taiwan New Century LED chip plant pointed out in the "Smile Taiwan Green Sustainability Outlook of 2014 Global Green Business " seminar that the LED industry keeps slowed price decline after mainland manufacturers have withdrawn from the market in 2013 , tends to balance supply and demand ahead of the arrival point of time , the lunar new year 2014 is expected to LED industry will return to temperature .Bell benevolent pointed out by the continent out of production capacity significantly impact the LED industry downturn starting in 2011 the state of oversupply , the market had expected that the situation will not improve until 2015 , with LED lighting needs from 2013 to gradually fermentation, LED industry is expected in 2014 after the Lunar New Year will see a significant recovery , he is also optimistic about the issue of supply and demand balance in 2014 will be the year ahead.LED industry in the past few years by the mainland market in 2011 due to a substantial subsidies to open production capacity, resulting in an oversupply of capacity ravages of destruction , LED industry downturn , the market was originally estimated that the LED industry will have to wait until 2015 to see better. However , Bell noted benevolent , since 2013 , many cross-strait LED plant gradually withdraw from the market , price declines began to slow down , to high-power grain prices , the decline in 2013 down to 5% , and the market awaited LED lighting from the beginning of this year to see the fermentation , LED industry has finally seen the light.Bell noted , LED lighting will drive significant growth in 2013 overall demand , LED industry will see shortly after the Lunar New Year apparent recovery , showing S-curve trends, long- term, bell benevolent think , LED output in 2013-2018 will be compound annual growth rate of 30-40 % margin growth.
