According to TrendForce's green energy business at the latest LEDinside '2015 global sapphire and LED chip market report' shows that LED chip market sales value from 2013 to 3.677 billion US dollars (about
22.827 billion yuan), grow 18% to 2014 (About 27 billion yuan), of which mainland chip maker's market share is from 27% in 2013, up to 36% in 2014. LEDinside research vice president Wu Yingjie said that thanks to the lighting market demand, 2014 chip manufacturers revenue rose sharply. Crystal power due to technical advantages and the stability of the sea, is still the first on the market; three optoelectronics in the past two years MOCVD machine capacity has been out, and catch the mainland lighting market, low-cost trend, substantial increase in revenue To $ 565 million. As for mainland manufacturers such as BDO Runda and Tongfang photoelectric capacity has improved, 2014 chip revenue were $ 161 million and 145 million US dollars, into the top 10. Wu Yingjie further pointed out that the LED terminal market demand in 2015 is weak, the mainland and Taiwan LED chip manufacturers are still active in the mainland policy subsidies before the termination of the expansion of production capacity, the new production capacity will be released in the second half of this year, the current supply and demand imbalance LED Industry is undoubtedly worse. However, due to fierce price competition, but also will accelerate the elimination of non-competitive advantage of the second-tier manufacturers, the long-term development of the industry may be a good thing. For more information on LED, please click on China LED Network or focus on WeChat public account (cnLED Recessed Spotlightw2013).