Recovery in economic growth, driven by Taiwan's Industrial Technology Research Institute estimates that led this year's output value will reach 800 billion Taiwan NT 4 percent growth over last year, while the LCD display backlight market is a major driving force to maintain growth, LED 2014 Output is expected to jump to 192 billion Taiwan dollars a substantial total from 2008 to 2014 compound annual growth rate of 23.57%.
Taiwan LED market share is currently 25%, second only to Japan 41%, Industrial Technology Research Institute pointed out that Taiwan has the ability to yield and reduce costs for the development of LED industry is a major advantage.
ITRI that, while LED output continues to rise this year, but the situation faced by the decline in interest rates. However, Taiwan manufacturers to expand production and thus generate economies of scale, coupled with China is expected to become the world's largest LED market, Taiwanese companies have advantages of location close to the future growth of the good.
ITRI further stated that benefit from large-size LED backlight modules and lighting needs of the grain this year Q2 revenues are all growing Significantly with the package, but in Q3 by less than expected demand under the influence of television, the grain terminal Decline in growth rate, while the package is only 2.98% growth.
Yield and quality in LED components and the import and export part of the Taiwan companies make the best use of economies of scale and quality advantages, with the global LED market continues to grow, the Industrial Technology Research Institute estimates that this year's total output value of Taiwan's LED components 800 billion Taiwan dollars, 2014 is expected to come to 192 billion Taiwan dollars.
Among them, China is still Taiwan's largest export destination, accounting for 66%, while the demand for TV backlight module, South Korea, increased dependence, accounting for 11%, Japan 9%, 3% in the United States and Malaysia are all the other 8%.
In the LED component imports, the bulk of Japan, accounting for 36%, followed by China 28%, Malaysia 18%, 5% in the United States, South Korea 3%, other 10%.