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Press Release


  • Nichia Remained Revenue Leader in China’s LED Package Market for 2016, Says TrendForce
    07-11-2017 / Allen Yu
    Steady growth in the LED lighting market supported the capacity expansion efforts of LED chip and package industries in 2016, says LEDinside, a division of TrendForce. Furthermore, the annual revenue of China’s LED package market grew by 6% for 2016 to reach US$8.9 billion, according to LEDinside’s 2017 Chinese LED Chip and Package Industry Report. In terms of ranking by revenue market share, Nichia retained its first place position in the Chinese market for 2016, while MLS climbed to second place and Lumileds dropped to third place. [ more ]
  • OSRAM and MLS to Carve Out Their Positions in LED Lighting Market with LEDVANCE Deal, Says TrendForce
    07-28-2016 / Roger Chu
    German-based lighting manufacturer OSRAM has agreed to sell its lamp business unit LEDVANCE to a Chinese consortium that is led by IDG Capital Partners and includes LED manufacturer MLS and Yiwu State-Owned Assets Operation Center. The sale was announced on July 26 and represents a landmark deal in which Chinese LED manufacturer successfully acquires an oversea target with the help of an international investment group. “The sale of LEDVANCE shows major international lighting companies are exiting the LED lighting business due to its unprofitable outlook,” said Roger Chu, research director of LEDinside, a division of TrendForce. “On the other hand, Chinese LED lighting companies have an overall cost advantage and are assisted by the government, so they can take this opportunity to expand their market shares.” [ more ]
  • TrendForce Reports Chinese LED Package for Lighting Reaches US $3.9 Billion in 2015
    07-22-2016 / Allen Yu
    Lighting LEDs accounted for US$3.9 billion of the US$8.8 billion Chinese LED package industry in 2015, according to the 2016 Chinese LED Chip and Package Industry Market Report by LEDinside, a division of TrendForce. Lighting LEDs’ share in the total scale of the Chinese LED package industry in 2015 also grew 15% year on year to reach 44%. MLS and Honglitronic, the two major Chinese package suppliers, have steadily expanded their market shares in the LED lighting application due to booming demand in Southeast Asia, India and other emerging markets. Consequently, their standings in the industry have gradually risen as well. [ more ]
  • TrendForce Reports 39% of 2014 Chinese LED Package Market Went to General Lighting Sector with MLS Leading Domestic Companies
    07-22-2015 / Allen Yu
    The scale of the Chinese LED package market grew 19% year on year to US$8.6 billion in 2014, according to the 2015 Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of the Chinese LED package market will slow down in the next few years as LED prices continue to fall. [ more ]
  • TrendForce Reports Nichia Took Top Spot in China’s LED Package Market in 2014 While Cree Fell to No. 4
    07-09-2015 / Allen Yu
    According to its 2015 Chinese LED Industry Market Report, LEDinside, a division of TrendForce, finds the scale of the Chinese LED package market for 2014 reached US$8.6 billion and grew by 19% annually. The general lighting market has been the main driving force, and the rising market penetration rates of commercial and residential LED lighting products has been fueling China’s growing demands. [ more ]