Digitimes Research: Nichia tops LED packagers in 2016 revenue
Jessie Lin, DIGITIMES Research, Taipei

Japan-based Nichia generated revenues of US$2.423 billion from LED packaging in 2016, the highest among all LED packaging service providers around the world, according to Digitimes Research.

Taiwan-based Everlight Electronics ranked second with US$963.5 million, followed by South Korea-based Seoul Semiconductor with US$841.8 million, China-based MLS with US$800.2 million, Germany-based Osram Opto Semiconductors with US$787.6 million and South Korea-based LG Innotek with US$613.2 million, Digitimes Research indicated.

However, MLS and China-based Hongli Zhihui and Foshan Nationstar Optoelectronics recorded the highest on-year growths at 42.2%, 40.4% and 36.3% respectively in 2016 revenues, mainly due to their expanding production capacities, and mergers. In contrast, Japan-based Toyoda Gosei, LG Innotek and Nichia saw the highest on-year decreases of 44.3%, 11.5% and 9.8% respectively.

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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