LED in rescue of sluggish Electronics market
January 22, 2009 · Filed Under Editor's Corner · Comments Off
LED has enjoyed a market grow of 10.8% in 2008 to be followed by 2.9% in 2009 thanks to the rising demand for the new LED backlight LCD TV. In contrast to this overwhelming success the overall semiconductor market will see a decline of 9.4% in 2009 making LED a lone star in the sluggish semiconductor market. According to the prediction by iSuppli Corp. the LCD TV market will demand for US $ 163 million worth of LEDs which is more than three fold increase in comparison to the 2008 of US$51 million. Read more
