Research analysis
Digitimes Research: Global production value for high-brightness LED chips to reach US$13.179 billion in 2017
Jessie Lin, DIGITIMES Research, Taipei
Friday 6 January 2017

Global production value for high-brightness LED chips in 2017 will reach US$13.179 billion, growing 2.8% on year, according to Digitimes Research.

There will be 303.754 billion high-brightness LED chips shipped globally in 2017, increasing 23.9% on year, but the corresponding average selling price will decrease 17%, Digitimes Research indicated.

Of the shipments, 200.396 billion units or 66.0% will be used in LED lighting, rising 39.2% on year; 33.187 billion units (10.9%) in mobile devices (mainly smartphones), up 0.9%; 17.154 billion units (5.6%) in LED display boards, up 7.6%; 14.290 billion units (4.7%) in backlighting of LCD TVs, up 2.6%; 14.124 billion units (4.6%) in automotive displays, up 15.3%; and 15.756 billion units (5.2%) in backlighting of tablet, notebook and LCD monitor screens, down 8.9%.

The large growth in high-brightness LED chips used in lighting will be because global LED penetration of all lighting products will rise to 36.7% in 2017.

Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.

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