Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
SPECIAL ANNOUNCEMENT
2016 Photonics Buyers' Guide Clearance! – Use Coupon Code FC16 to save 60%!
share
Email Facebook Twitter Google+ LinkedIn Comments

Taiwan predicts LED turnover of $6.8 billion in 2012

Photonics Spectra
Aug 2011
Compiled by Photonics Spectra staff

TAIWAN – Taiwan’s LED industry likely will surge 32 percent in 2012, generating revenue of $6.8 billion, up from 2011’s projected $5.2 billion, according to the island’s Photonics Industry & Technology Development Association (PIDA).

In 2010, the local industry’s turnover exceeded $3.4 billion for the first time. PIDA attributes the tremendous boost to growing worldwide demand driven by LED lighting incentives in many countries, including Japan’s ECO-Point program, which encourages the use of LED bulbs and light tubes; Beijing’s 12th Five Year Plan also promotes LED lighting, and it offers subsidies to consumers and enterprises using energy-saving lighting. Taiwan possesses the world’s second-largest LED industry, with nearly 25 percent of the world market.


Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x Subscribe to Photonics Spectra magazine - FREE!