Despite gradual recovery in the car market, suppliers of automotive LED applications are bracing for weak sales growth in the second half of 2023, according to industry sources.

LED chip maker Ennostar remains cautious about its business prospects for 2023, despite increases in revenue from its automotive product line.

Taiwan-based LED makers, including automotive lighting module maker Laster Tech and packaging service provider Edison Opto, have stepped up factory expansions in Taiwan amid the growing...