MOUNTAIN VIEW, Calif., July 16 -- High-brightness light-emitting diodes (LEDs) have been a bright spot in an otherwise dismal market for semiconductors and optical components of all types, according to Silicon Valley market research firm Strategies Unlimited. While the markets for most electronic and optical components peaked in 2000 and have since tended to decrease, the high-brightness LED market grew by 51 percent in 2002 to $1.84 billion, the company said, and this market is forecast to grow to $4.7 billion by 2007. High-brightness LEDs are used in a wide variety of applications that...Read full articleRelated content from Photonics MediaArticlesPerovskite-based LEDs Pave Way to Novel Thin-Film Laser DiodesA research team from imec has developed perovskite-based LEDs that emit light 1000× brighter than OLEDs. 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